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(1)

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

(2)

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, coal

Pulp 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 45.0

Goods (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.

eprs@ep.europa.eu (mail) http://www.eprs.ep.parl.union.eu (intranet) http://www.europarl.europa.eu/thinktank (internet) http://epthinktank.eu (blog)

globalstat@eui.eu(mail) http://www.globalstat.eu (internet)

Mercosur: Economic indicators and trade with EU

EPRS & GlobalStat

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