Since the early 1990s, real GDP has grown, on average, by 2.1% in the euro area, compared with 2.8% in the United States. Since the start of EMU, the annual growth rate for the euro area has averaged 2.2% per year, compared with 2.7% in the United States.
The annual growth rate of loans to non-financial corporations rose to 4.1% in June 2018, after 3.7% in the previous month, while the annual growth rate of loans to households remained unchanged at 2.9%.