Latest regional GDP statistics and Cohesion Policy: CPMR analysis

//Latest regional GDP statistics and Cohesion Policy: CPMR analysis

The regional GDP statistics for 2012 and 2013 show an increase of disparities between European regions, reveals a recently produced paper from the CPMR: Analysis from the CPMR Secretariat – Regional GDP statistics – July 2015 ,   Regional GDP Statistics 2012 2013 list of regions – July 2015. In May 2015, the EU statistical office EUROSTAT, published the latest Regional Gross Domestic Product (regional GDP) for the years 2012 and 2013 at NUTS II level.

At Member State level, statistics show regional disparities are rising and the development gap between the centre and the periphery of Europe has increased. Regionally speaking, if the latest regional GDP statistics were used to calculate regional eligibility for Structural Funds (2011, 2012 and 2013 average, as opposed to the 2007, 2008 and 2009 baseline), 32 regions would change category of regions: 31 of them would move down a category, whilst only one would move up. Particularly, the Region of Madeira, in Portugal would move down from the more developed regions category to the less developed regions category. Furthermore, disparities of development have increased between regions of the same country. This is particularly true in the United Kingdom, Italy, Netherlands, Greece and Portugal.

The Commission will carry out the review of Structural Funds allocations by Spring 2016  and adjustments will be based on the latest available statistics at the time of calculation. Adjustments will be made only within the Cohesion Policy envelope and the total level of adjustments cannot exceed 4 billion euros.

An initial analysis was presented to the Economic and Social Cohesion working group of the Intermediterranean Commission in Napflio (EL) on 2 July.

2016-03-31T12:23:58+00:00