| gptkbp:instanceOf | gptkb:economic_area 
 | 
                        
                            
                                | gptkbp:administeredBy | gptkb:Council_of_the_European_Union gptkb:European_Parliament
 
 | 
                        
                            
                                | gptkbp:alsoKnownAs | gptkb:Internal_Market gptkb:Single_Market
 
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                                | gptkbp:currency | Euro (in most member states) 
 | 
                        
                            
                                | gptkbp:established | 1993 
 | 
                        
                            
                                | gptkbp:establishedBy | gptkb:Treaty_of_Maastricht 
 | 
                        
                            
                                | gptkbp:GDP | over €14 trillion (2023) 
 | 
                        
                            
                                | gptkbp:hasPopulation | over 450 million 
 | 
                        
                            
                                | gptkbp:headquarters | gptkb:Brussels 
 | 
                        
                            
                                | gptkbp:language | 24 official EU languages 
 | 
                        
                            
                                | gptkbp:legalBasis | gptkb:Treaty_on_the_Functioning_of_the_European_Union 
 | 
                        
                            
                                | gptkbp:members | gptkb:Iceland gptkb:Liechtenstein
 gptkb:Norway
 European Union member states
 Switzerland (partial participation)
 
 | 
                        
                            
                                | gptkbp:notableEvent | Brexit (UK left the Single Market in 2020) completion of the Single Market in 1993
 
 | 
                        
                            
                                | gptkbp:notableFeature | consumer protection laws state aid control
 public procurement rules
 competition policy enforcement
 digital single market initiatives
 harmonized standards and regulations
 mutual recognition of qualifications
 removal of internal borders for trade
 
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                                | gptkbp:partOf | gptkb:European_Union 
 | 
                        
                            
                                | gptkbp:purpose | free movement of capital free movement of goods
 free movement of services
 free movement of people
 
 | 
                        
                            
                                | gptkbp:relatedTo | gptkb:Customs_Union gptkb:Schengen_Area
 gptkb:European_Economic_Area
 
 | 
                        
                            
                                | gptkbp:servesArea | gptkb:Europe 
 | 
                        
                            
                                | gptkbp:website | https://ec.europa.eu/info/business-economy-euro/single-market_en 
 | 
                        
                            
                                | gptkbp:bfsParent | gptkb:Single_European_Act gptkb:capital_markets_union
 gptkb:digital_single_market
 
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                                | gptkbp:bfsLayer | 6 
 | 
                        
                            
                                | https://www.w3.org/2000/01/rdf-schema#label | European Single Market 
 |