Eurozone

The euro area, commonly called the eurozone, is a currency union of 20 member states of the European Union that have adopted the euro as their primary currency and... Wikipedia

  • Policy of:  European Union
  • Type:  Monetary union
  • Currency:  Euro
  • Established:  1 January 1999
  • Monetary authority:  Eurosystem
  • Political oversight:  Eurogroup
  • Area:  2,801,552 km² (1,081,685.27 sq mi)
  • Population:  349,256,040 (January 2023)
  • GDP (nominal):  €13.4 trillion, €38,470 (per capita) (2022)
  • Interest rate:  4.00%
  • Inflation:  2.9% (October 2023)
  • Unemployment:  6.5% (September 2023)
  • Trade balance:  €310 billion trade surplus
  • Data source:  DuckDuckGo

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