Single Market turns 30: Commission’s reports confirm the Single Market underpins Europe’s ability to tackle key challenges

Today, the Commission has published the 2023 Annual Single Market Report and the 2022 Single Market Scoreboard, as part of activities to mark the 30th anniversary of the Single Market. The reports confirm that the Single Market remains a key tool to address Europe’s current challenges and highlight the importance of continuously improving its functioning, as well as highlighting the Single Market’s impact in terms of increased added value for the EU’s economy.

Both reports will provide input for discussions with Member States on strengthening the Single Market and will inform the Commission’s future work to ensure the Single market meets its full potential in supporting the resilience and competitiveness of the European economy.

The 2023 Annual Single Market Report (ASMR) takes stock of the integration of the Single Market and analyses how it helps Europe to navigate current geopolitical tensions, improve EU competitiveness and support the green and digital transitions of our economy.

The 2022 Single Market Scoreboard shows how the Single Market benefits the EU economy. It provides a detailed overview of how EU Single Market rules were applied across the European Economic Area, with the objective of identifying improvements for the Single Market. The Scoreboard focuses on the progress made in implementing EU law, overall business conditions, integration of the Single Market and other major policy goals like growth and jobs, resilience, digital and green economy.