Macroeconomic globalisation indicators based on FIGARO – 2024 edition

This working paper describes the set of macroeconomic globalisation indicators computed on the basis of the EU inter-country supply, use, and input-output-tables, called the FIGARO tables, offering illustrative and explanatory examples. These indicators are crucial for assessing the EU economic interdependencies, strengths and vulnerabilities. Indeed, they allow us to capture the direct and indirect economic effects along the global value chains across both industries and countries. They are also presented from the perspective of the EU and the 27 individual EU countries, considering the intra-EU trade as domestic or international trade respectively, in order to answer different needs related to the EU trade and the single market policies.