Eurostat has published on November 24, 2021, the indicators of the Macroeconomic Imbalance Procedure (MIP) Scoreboard
The MIP Scoreboard consists of fourteen indicators relevant for the early detection of existing or emerging macroeconomic imbalances at EU Member State level. It provides statistical support to the annual Alert Mechanism Report released by the European Commission at the start of the European Semester 2022. The Alert Mechanism Report identifies those Member States for which in-depth analyses are required on the basis of an economic reading of the scoreboard indicators, complemented by other auxiliary indicators.
The full data series are available on the regularly updated MIP dedicated section of the Eurostat website.
For more information:
MIP-relevant statistical data originate from statistical domains with long track records and of recognised quality. Eurostat collects the data for MIP Scoreboard indicators from Member States. Other data sources are the Commission’s Directorate General for Economic and Financial Affairs and the International Monetary Fund.
The data from National Accounts and Balance of Payments/International Investment Position used for the compilation of the MIP Scoreboard indicators are based on the European System of National and Regional Accounts in the European Union (ESA 2010) and the sixth edition of the IMF’s Balance of Payments and International Investment Position Manual (BPM6).
- Eurostat Statistics Explained article on the MIP
- Eurostat dedicated section on the MIP
- Information on the indicators, including definitions
- Eurostat database on the MIP
- The Alert Mechanism Report