Business environment and socio-economic indicators
GINI Index *
39.7
42.4
47.9
51.3
93
111
136
146
Corruption Percepation Index
29
35
40
70
132
105
85
23
Human Development Index *
70.2
75.9
80.4
82.5
110
79
55
47
Ease of doing business
0
100
0
100
Best
Worst
Worst
Best
62.6
58.8
59.4
60.0
Worst
Best
Best
Worst
119
113
109
Out of 190
95
Out of 198
Out of 180
Out of 154
Score
Rank
The Ease of Doing Business’s ‘distance to frontier’ score assesses the overall level of regulatory performance of a country. It ranges from 0=’lowest performance’ to 100=’the frontier’, the best performance observed worldwide each year. The Human Development Index (HDI) measures the average achievement in key dimensions of human development. It is based on life expectancy at birth, average duration of education and GDP per capita. It ranges from 0 to 100. The Corruption Perception Index measures the perceived levels of public–sector corruption worldwide. Scores range from 0 (highly corrupt) to 100 (very clean). In 2017, two thirds of countries scored below 50.The GINI Index measures the deviation of the distribution of income among individuals or households within a country from a perfectly equal distribution. It is hence a measure of inequality in income distribution. A value of 0 represents absolute equality, a value of 100 absolute inequality.
AR
BR
PY
UY
‘03
‘18
2.3%
1.6%
Uruguay
‘03
‘18
4.3%
3.7%
Paraguay
‘03
‘18
1.1%
1.1%
Brazil
Annual GDP growth
-8%
12%
‘03
‘18
9.0%
-2.5%
Argentina
0%
0
3
6
9
12
15
Uruguay
Paraguay
Brazil
Argentina
9.8
7.6
5.0
14.5
2003 2008 2013 2018
GDP per capita
€ thousand
EU-28 (2018)
28.3
EU-28 2018
2.0%
Unemployment and female labour market participation
GDP per capita (€) and annual growth (%)
Female labour market participation (% of female population aged 15-64)
Uruguay
Paraguay
Brazil
Argentina
2019
57%
61%
61%
69%
57%
57%
2003
2019
57%
61%
EU-28
2019
68%
55%
61%
63%
69%
0
15
Uruguay
Paraguay
Brazil
Argentina
2019
2003
15%
10%
2003
2019
10%
12%
7%
5%
13%
8%
Unemployment (% of total labour force)
EU-28
2019
6%
Brazil (BZ) Paraguay (PY) Argentina (AR) Uruguay (UY)Mercosur: Economic indicators and trade with EU
EPRS | European Parliamentary Research Service EUI | European University Institute
Authors: Giulio Sabbati, Members’ Research Service
Olga Griaznova, Globalstat, EUI
PE 644.191 - December 2019
AT A GLANCE
Infographic
EU main trade partners (2018)
Mercosur main trade partners (2018)
EU trade with Mercosur
Other
Optical instruments Agri-food Plastic and rubber Organic chemicals
Oil, gas, coal Pharmaceutical products Vehicles and aircraft Mechanical appliances and electrical equipment 28.6% 13.0% 5.3% 5.2% 5.1% 4.7% 23.3% 9.6% 5.2%
Exports
of goods
Other Chemicals: 2.8% Vehicles and aircraft: 2.9% Mechanical appliances and electrical equipment Iron and steel Oil, gas, coalPulp of wood Copper and iron ores
Agri-food 11.6% 15.8% 43.4% 8.0% 5.4% 5.1% 5.0%
Imports
of goods
EU
US
Top EU partners (2018)
EU exports of goods to Mercosur (2018)
EU imports of goods from Mercosur (2018)
Trade in goods, exports plus imports
Trade in services, exports plus imports
0
5
10
15
20
SE
PT
PL
UK
BE
FR
IT
ES
NL
DE
0
5
10
15
20
EL
DK
IE
PT
UK
IT
DE
ES
NL
FR
Imports
Exports
Imports
Exports
€ billion
€ billion
75%
20%
4%
2%
71%
24%
4%
1%
Services
(€34.0 bn,
2017)
Goods
(€87.6 bn,
2018)
Breakdown by
Mercosur
partners
AR
BR
PY
UY
0 20 40 60 2018 2016 2014 2012 2010 2008 42.6 22.9 11.1 45.0Goods (2008-2018)
Services (2010-2017)
Imports
Imports
Exports
Imports
Imports
Exports
Exports
Exports
€ billion
China
US
Chile: 3%
Mexico: 3%
Other
EU-28
24%
20%
14%
36%
US
China
Switzerland
Russia
Turkey: 4%
Norway: 3%
Other APEC members
Other
Mercosur: 2%
17%
15%
7% 7%
14%
31%
Trade in goods, exports plus imports
Trade in goods, exports plus imports
EU exports of services to Mercosur (2017)
EU imports of services from Mercosur (2017)
Transport
Travel Engineering, scientific
and trade-related
and public relations
Legal, accounting
ICT
2.8
2.2
1.9
1.8
0.6
Impor
ts
Top 5 services
Transport
Travel Operating, leasing and
other services
ICT
Intellectual
property
6.6
5.3
4.1
1.9
1.7
€ billion
Expor
ts
Top 5 services
Notes
GlobalStat is a project developed by the European University Institute’s Global Governance Programme (Italy) and the Francisco Manuel dos Santos Foundation (Portugal). Data sources for page 1: GDP figures are from IMF WEO (October 2019) and Eurostat (November 2019); Labour market data are from World Bank WDI based on ILO KILM (2019); HDI refers to 2017 and GINI index is an average value for the period 2010-2017 as reported in the UNDP HDR (2019); (*) re-scaled from 0-1 to 0-100 for better comparability. Data sources for page 2: EU trade with Mercosur, Top EU partners (goods), EU main trade partners, EU exports of goods to Mercosur (%) and EU imports of goods from Mercosur (%) are from ComExt, Eurostat; Other APEC members = Australia, Brunei Darussalam, Canada, Chile, Hong Kong, Indonesia, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Singapore, Taiwan, Thailand and Vietnam; Trade in services are from Eurostat; Mercosur main trade partners are from IMF.
This document is prepared for, and addressed to, the Members and staff of the European Parliament as background material to assist them in their parliamentary work. The content of the document is the sole responsibility of its author(s) and any opinions expressed herein should not be taken to represent an official position of the Parliament. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament is given prior notice and sent a copy. © European Union & GlobalStat, 2019.
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