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Single market

Discover the benefits of the EU single market and how it facilitates everyday life, stimulates growth and boosts innovation.

Established in 1993, it guarantees that goods, services, people and capital can move freely throughout the territory of the EU: the 'four freedoms'.

The single market is one of the greatest EU achievements.

Map of the EU with pictures of lorries, money, people and electricity network.

The EU single market in numbers

Benefits of the single market

Live, travel, work and retire across the EU.

High standards for safer products and services.

More choice and lower prices for consumers.

New business opportunities inside and outside the EU.

The single market makes businesses and citizens' lives much easier, whilst being a driver of EU competitiveness and growth.

A resilient single market for the future

Faced with a new geopolitical reality and increasingly complex challenges, the EU is working on further completing and strengthening its single market.

In March 2026, EU leaders launched a ‘One Europe, One Market’ agenda, which includes strategic guidance, concrete specific measures and ambitious deadlines to prevent and remove barriers to the four freedoms of the single market.

Map of the EU with a network of purple dotted lines.

The EU is also working to boost its strategic autonomy to secure supply chains and reduce external dependencies on, for example, regarding critical raw materials, and to enhance its resilience to better anticipate, prepare for and respond to the impact of future crises.

Latest explainers

The Schengen area explained

The Schengen area explained

A hand holding a blue thread that transitions from a tangled knot to a straight line, symbolising the simplification of EU rules to enhance competitiveness. The background features scattered documents.
Simplification of EU rules

Simplification of EU rules

A stylised graphic showing a lightbulb with a gear inside on the left and tall office buildings on the right, connected by an upward-trending blue line.
Boosting EU competitiveness: the way forward

Boosting EU competitiveness: the way forward

Last review: 26 March 2026