The economy of the European Union is set to grow by 1.5 percent in 2025, according to forecasts by the European Commission. This marks a significant slowdown compared to previous years, when the EU member states grew quickly in the aftermath of the COVID pandemic. Malta is the country which is forecasted to grow the most in 2025, with an annual growth rate of 4.3 percent. Many of Europe's largest economies, on the other hand, are set to experiencing slow growth or stagnation, with Germany, France, and Italy growing below two percent.

Across the United States, the United Kingdom, Germany, and the European Union, gross domestic products (GDP) decreased in 2020 as a result of the COVID-19 pandemic. However, by 2021, growth rates were positive in all four areas again. The United Kingdom, Germany, and the European Union all experiencing slow economic growth in 2023 amid high inflation, with Germany even seeing an economic recession. GDP and its components GDP refers to the total market value of all goods and services that are produced within a country per year. It is composed of government spending, consumption, business investments and net exports. It is an important indicator to measure the economic strength of a country. Economists rely on a variety of factors when predicting future performance of the GDP. Inflation rate is one of the economic indicators providing insight into the future behavior of households, which make up a significant proportion of GDP. Projections are based on the past performance of such information. Future considerations Some factors can be more easily predicted than others. For example, projections of the annual inflation rate of the United States are easy to come by. However, the intensity and impact of something like Brexit is difficult to predict. Moreover, the occurrence and impact of events such as the COVID-19 pandemic and Russia's war in Ukraine is difficult to foresee. Hence, actual GDP growth may be higher or lower than the original estimates.

The statistic shows the growth of the real gross domestic product (GDP) in the European Union and the Euro area from 2019 to 2023, with projections up until 2029. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2022, the GDP in the European Union increased by about 3.61 percent compared to the previous year. Growth trends in the EU compared to the euro area The euro area, which is also called the eurozone, is an economic and monetary union (EMU) which includes 19 of the 27 European Union member states which have formally adopted the euro. Those countries include Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. Member states which have not yet adopted the euro include Bulgaria, Croatia, Czechia, Denmark, Hungary, Poland, Romania, Sweden and the United Kingdom. Additionally, there is the so-called Schengen Area, which is composed of EU and non-EU states, and has been established mainly to facilitate travelling in Europe. While some countries, such as Kosovo and Montenegro have adopted the euro unilaterally, they are not formally part of the eurozone. Others have established a monetary agreement with the EU to use the euro, such as Andorra, Monaco, San Marino and the Vatican, but they do not form part of the official euro area. As can be seen in the chart, annual GDP growth slumped in 2012 and 2013, presumably as a result of the global financial crisis, in both the EU and the euro area. In 2013, growth began increasing ever so slightly and in 2014 the EU regained a bit of stability. However, overall recovery in the EU has been relatively moderate and gradual; growth throughout the EU has been slightly better than in the euro area and is projected to remain slightly better for the foreseeable future. Relatively new member states such as Romania and Czechia, which have not yet adopted the euro, reported the highest annual growth rates in the EU in 2015, and generally, new member states show slightly better growth rates. Also, unemployment has been slightly higher in the euro area compared to the EU for the last ten years (267906). The unemployment rate also remains relatively high for both the EU and the euro area. As for public spending as a share of GDP, these figures are slightly higher in the euro area than in the EU as a whole. The member states with the highest national debt include the United Kingdom, Italy, France and Germany - some of the oldest members of the euro area. The national debt of the euro area is slightly higher than the national debt of the EU as a whole, underlining the economic situation of both areas.

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Germany Government Tax Revenue: European Union: Value Added Tax data was reported at 468.000 EUR mn in Mar 2025. This stayed constant from the previous number of 468.000 EUR mn for Feb 2025. Germany Government Tax Revenue: European Union: Value Added Tax data is updated monthly, averaging 241.000 EUR mn from Jan 2006 (Median) to Mar 2025, with 231 observations. The data reached an all-time high of 1,115.000 EUR mn in Feb 2015 and a record low of -1,008.000 EUR mn in Jun 2009. Germany Government Tax Revenue: European Union: Value Added Tax data remains active status in CEIC and is reported by Federal Ministry of Finance. The data is categorized under Global Database’s Germany – Table DE.F005: Government Tax Revenue: Bundesministerium der Finanzen.

Luxembourg Imports: European Union: ow European Monetary Union: ow Germany data was reported at 539.542 EUR mn in Feb 2025. This records an increase from the previous number of 530.608 EUR mn for Jan 2025. Luxembourg Imports: European Union: ow European Monetary Union: ow Germany data is updated monthly, averaging 337.606 EUR mn from Jan 1988 (Median) to Feb 2025, with 446 observations. The data reached an all-time high of 675.552 EUR mn in Mar 2023 and a record low of 107.883 EUR mn in Jan 1988. Luxembourg Imports: European Union: ow European Monetary Union: ow Germany data remains active status in CEIC and is reported by Statistics Portal of Luxembourg. The data is categorized under Global Database’s Luxembourg – Table LU.JA007: Imports: by Destination.

Germany Government Tax Revenue: European Union data was reported at 2,484.000 EUR mn in Mar 2025. This records a decrease from the previous number of 2,969.000 EUR mn for Feb 2025. Germany Government Tax Revenue: European Union data is updated monthly, averaging 2,263.000 EUR mn from Jan 2006 (Median) to Mar 2025, with 231 observations. The data reached an all-time high of 6,616.000 EUR mn in Feb 2021 and a record low of -2,431.000 EUR mn in Jan 2017. Germany Government Tax Revenue: European Union data remains active status in CEIC and is reported by Federal Ministry of Finance. The data is categorized under Global Database’s Germany – Table DE.F005: Government Tax Revenue: Bundesministerium der Finanzen.

Spain Exports: Europe: EU 27E: Germany: Other Animals Products data was reported at 4,271.664 EUR th in Feb 2025. This records a decrease from the previous number of 5,364.754 EUR th for Jan 2025. Spain Exports: Europe: EU 27E: Germany: Other Animals Products data is updated monthly, averaging 1,308.156 EUR th from Jan 1999 (Median) to Feb 2025, with 301 observations. The data reached an all-time high of 5,400.944 EUR th in Jan 2023 and a record low of 330.960 EUR th in Dec 2000. Spain Exports: Europe: EU 27E: Germany: Other Animals Products data remains active status in CEIC and is reported by Tax Agency. The data is categorized under Global Database’s Spain – Table ES.JA009: Exports: by Country and Commodity: by 2 Digit HS Code: Europe: European Union (EU).

Spain Exports: Europe: EU 27E: Germany: Ships, Boats and Floating Structures data was reported at 564.125 EUR th in Feb 2025. This records an increase from the previous number of 208.858 EUR th for Jan 2025. Spain Exports: Europe: EU 27E: Germany: Ships, Boats and Floating Structures data is updated monthly, averaging 228.938 EUR th from Jan 1999 (Median) to Feb 2025, with 302 observations. The data reached an all-time high of 28,544.196 EUR th in Jan 2009 and a record low of 0.000 EUR th in Nov 2012. Spain Exports: Europe: EU 27E: Germany: Ships, Boats and Floating Structures data remains active status in CEIC and is reported by Tax Agency. The data is categorized under Global Database’s Spain – Table ES.JA009: Exports: by Country and Commodity: by 2 Digit HS Code: Europe: European Union (EU).

Spain Exports: Europe: EU 27E: Germany: Furniture, Bedding, Lamps and Related Furnishing data was reported at 19,695.435 EUR th in Feb 2025. This records an increase from the previous number of 18,855.225 EUR th for Jan 2025. Spain Exports: Europe: EU 27E: Germany: Furniture, Bedding, Lamps and Related Furnishing data is updated monthly, averaging 15,421.333 EUR th from Jan 1999 (Median) to Feb 2025, with 302 observations. The data reached an all-time high of 28,197.105 EUR th in Apr 2015 and a record low of 4,778.962 EUR th in Aug 2009. Spain Exports: Europe: EU 27E: Germany: Furniture, Bedding, Lamps and Related Furnishing data remains active status in CEIC and is reported by Tax Agency. The data is categorized under Global Database’s Spain – Table ES.JA009: Exports: by Country and Commodity: by 2 Digit HS Code: Europe: European Union (EU).

Spain Exports: Europe: EU 27E: Germany: Other Vegetables Textile Fibers data was reported at 153.909 EUR th in Feb 2025. This records an increase from the previous number of 103.210 EUR th for Jan 2025. Spain Exports: Europe: EU 27E: Germany: Other Vegetables Textile Fibers data is updated monthly, averaging 138.583 EUR th from Jan 1999 (Median) to Feb 2025, with 301 observations. The data reached an all-time high of 1,006.721 EUR th in Oct 2003 and a record low of 0.000 EUR th in Feb 2019. Spain Exports: Europe: EU 27E: Germany: Other Vegetables Textile Fibers data remains active status in CEIC and is reported by Tax Agency. The data is categorized under Global Database’s Spain – Table ES.JA009: Exports: by Country and Commodity: by 2 Digit HS Code: Europe: European Union (EU).

Spain Imports: Europe: EU 27E: Germany: Fish, Crustaceans and Moluscos data was reported at 3,494.291 EUR th in Feb 2025. This records an increase from the previous number of 3,328.207 EUR th for Jan 2025. Spain Imports: Europe: EU 27E: Germany: Fish, Crustaceans and Moluscos data is updated monthly, averaging 3,026.137 EUR th from Jan 1999 (Median) to Feb 2025, with 301 observations. The data reached an all-time high of 9,322.741 EUR th in Dec 2022 and a record low of 446.761 EUR th in Mar 2000. Spain Imports: Europe: EU 27E: Germany: Fish, Crustaceans and Moluscos data remains active status in CEIC and is reported by Tax Agency. The data is categorized under Global Database’s Spain – Table ES.JA026: Imports: by Country and Commodity: by 2 Digit HS Code: Europe: European Union (EU).

The statistic depicts France's real gross domestic product (GDP) growth rate from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, France's real GDP grew by about 1.07 percent compared to the previous year. Unemployment in France France has one of the largest economies in the world and is the second largest economy in the European Union, behind Germany, with whom France often partnered in order to support the structure of the European Union. France is also the fourth most populated country in Europe and has maintained slow population growth since the mid 2000s. Despite being not only a European but also a global economic power, France struggled with maintaining a low unemployment rate and experienced a significant increase in unemployment after the 2008 crash, just like many other prominent industrial countries. However, unlike these other nations, unemployment continued to rise well into the 2010s, while the employment situations in neighboring and international countries improved almost every year. The lack of working opportunities is related to the Eurozone crisis that primarily affected southern European countries, such as Spain, Portugal and Italy.

Spain Exports: Europe: EU 27E: Germany: Copper and Copper Products data was reported at 15,235.976 EUR th in Feb 2025. This records a decrease from the previous number of 18,591.388 EUR th for Jan 2025. Spain Exports: Europe: EU 27E: Germany: Copper and Copper Products data is updated monthly, averaging 12,433.684 EUR th from Jan 1999 (Median) to Feb 2025, with 301 observations. The data reached an all-time high of 34,482.606 EUR th in May 2022 and a record low of 0.000 EUR th in Feb 2019. Spain Exports: Europe: EU 27E: Germany: Copper and Copper Products data remains active status in CEIC and is reported by Tax Agency. The data is categorized under Global Database’s Spain – Table ES.JA009: Exports: by Country and Commodity: by 2 Digit HS Code: Europe: European Union (EU).

Spain Imports: Europe: EU 27E: Germany: Electrical Machinery and Equipment data was reported at 365,201.264 EUR th in Feb 2025. This records an increase from the previous number of 335,136.153 EUR th for Jan 2025. Spain Imports: Europe: EU 27E: Germany: Electrical Machinery and Equipment data is updated monthly, averaging 261,167.335 EUR th from Jan 1999 (Median) to Feb 2025, with 301 observations. The data reached an all-time high of 524,306.746 EUR th in Feb 2008 and a record low of 135,416.435 EUR th in Aug 2013. Spain Imports: Europe: EU 27E: Germany: Electrical Machinery and Equipment data remains active status in CEIC and is reported by Tax Agency. The data is categorized under Global Database’s Spain – Table ES.JA026: Imports: by Country and Commodity: by 2 Digit HS Code: Europe: European Union (EU).

Spain Exports: Europe: EU 27E: Germany: Coffee, Tea and Spices data was reported at 6,791.882 EUR th in Jan 2025. This records an increase from the previous number of 4,307.427 EUR th for Dec 2024. Spain Exports: Europe: EU 27E: Germany: Coffee, Tea and Spices data is updated monthly, averaging 1,967.878 EUR th from Jan 1999 (Median) to Jan 2025, with 300 observations. The data reached an all-time high of 6,791.882 EUR th in Jan 2025 and a record low of 371.397 EUR th in Dec 2001. Spain Exports: Europe: EU 27E: Germany: Coffee, Tea and Spices data remains active status in CEIC and is reported by Tax Agency. The data is categorized under Global Database’s Spain – Table ES.JA009: Exports: by Country and Commodity: by 2 Digit HS Code: Europe: European Union (EU).

Spain Exports: Europe: EU 27E: Germany: Sugar and Sugar Confectionery data was reported at 7,286.591 EUR th in Feb 2025. This records an increase from the previous number of 6,455.602 EUR th for Jan 2025. Spain Exports: Europe: EU 27E: Germany: Sugar and Sugar Confectionery data is updated monthly, averaging 3,959.906 EUR th from Jan 1999 (Median) to Feb 2025, with 301 observations. The data reached an all-time high of 10,951.218 EUR th in Jun 2023 and a record low of 1,419.092 EUR th in Dec 2001. Spain Exports: Europe: EU 27E: Germany: Sugar and Sugar Confectionery data remains active status in CEIC and is reported by Tax Agency. The data is categorized under Global Database’s Spain – Table ES.JA009: Exports: by Country and Commodity: by 2 Digit HS Code: Europe: European Union (EU).

Spain Imports: Europe: EU 27E: Germany: Coffee, Tea and Spices data was reported at 12,889.516 EUR th in Feb 2025. This records an increase from the previous number of 9,089.358 EUR th for Jan 2025. Spain Imports: Europe: EU 27E: Germany: Coffee, Tea and Spices data is updated monthly, averaging 6,628.045 EUR th from Jan 1999 (Median) to Feb 2025, with 301 observations. The data reached an all-time high of 16,614.235 EUR th in Nov 2024 and a record low of 1,208.195 EUR th in Jul 1999. Spain Imports: Europe: EU 27E: Germany: Coffee, Tea and Spices data remains active status in CEIC and is reported by Tax Agency. The data is categorized under Global Database’s Spain – Table ES.JA026: Imports: by Country and Commodity: by 2 Digit HS Code: Europe: European Union (EU).

Spain Imports: Europe: EU 27E: Germany: Felt Nonwoven Fabrics and Special Yarns data was reported at 7,008.325 EUR th in Feb 2025. This records an increase from the previous number of 6,431.545 EUR th for Jan 2025. Spain Imports: Europe: EU 27E: Germany: Felt Nonwoven Fabrics and Special Yarns data is updated monthly, averaging 5,536.356 EUR th from Jan 1999 (Median) to Feb 2025, with 301 observations. The data reached an all-time high of 14,577.716 EUR th in Mar 2015 and a record low of 0.000 EUR th in Feb 2019. Spain Imports: Europe: EU 27E: Germany: Felt Nonwoven Fabrics and Special Yarns data remains active status in CEIC and is reported by Tax Agency. The data is categorized under Global Database’s Spain – Table ES.JA026: Imports: by Country and Commodity: by 2 Digit HS Code: Europe: European Union (EU).

In 2024, Germany was the leading EU country in terms of population, with around 85 million inhabitants. In 2050, approximately 89.2 million people will live in Germany, according to the forecast. See the total EU population figures for more information. The global population The global population is rapidly increasing. Between 1990 and 2015, it increased by around 2 billion people. Furthermore, it is estimated that the global population will have increased by another 1 billion by 2030. Asia is the continent with the largest population, followed by Africa and Europe. In Asia,the two most populous nations worldwide are located, China and India. In 2014, the combined population in China and India alone amounted to more than 2.6 billion people. for comparison, the total population in the whole continent of Europe is at around 741 million people. As of 2014, about 60 percent of the global population was living in Asia, with only approximately 10 percent in Europe and even less in the United States. Europe is the continent with the second-highest life expectancy at birth in the world, only barely surpassed by Northern America. In 2013, the life expectancy at birth in Europe was around 78 years. Stable economies and developing and emerging markets in European countries provide for good living conditions. Seven of the top twenty countries in the world with the largest gross domestic product in 2015 are located in Europe.