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 the 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.

Dataset of the European Union GDP Annual Growth Rate, including historical data, latest releases, and long-term trends from 1961-12-31 to 2024-12-31. Available for free download in CSV format.

Key information about EU Nominal GDP Growth

• European Union Nominal GDP Growth was reported at 4.408 % in Jun 2025.
• This records an increase from the previous number of 4.373 % for Mar 2025.
• EU Nominal GDP Growth data is updated quarterly, averaging 0.000 % from Mar 1996 to Jun 2025, with 118 observations.
• EU Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

This statistic shows the growth of the real gross domestic product (GDP) in the Euro area from the second quarter 2020 to the second quarter 2025. In the second quarter of 2025, the GDP of the Euro area increased by 1.5 percent compared to the same quarter of the previous year.

Historical dataset showing European Union gdp growth rate by year from 1961 to 2023.

Euro Area - Real GDP growth rate was 3.50% in December of 2022, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Euro Area - Real GDP growth rate - last updated from the EUROSTAT on December of 2025. Historically, Euro Area - Real GDP growth rate reached a record high of 5.30% in December of 2021 and a record low of -6.10% in December of 2020.

European Union Exports: Growth Rate: YoY data was reported at 7.000 % in Feb 2025. This records an increase from the previous number of 4.500 % for Jan 2025. European Union Exports: Growth Rate: YoY data is updated monthly, averaging 5.200 % from Jan 2003 (Median) to Feb 2025, with 266 observations. The data reached an all-time high of 43.300 % in Apr 2021 and a record low of -29.800 % in May 2020. European Union Exports: Growth Rate: YoY data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JA001: Eurostat: Trade Statistics: By BEC.

This statistic shows a forecast of the gross domestic product (GDP) growth in the euro countries in 2026. In 2026, the gross domestic product in Germany is forecast to grow by 0.92 percent over the previous year.

European Union Exports: EA20: Growth Rate: YoY data was reported at 6.200 % in Feb 2025. This records an increase from the previous number of 2.800 % for Jan 2025. European Union Exports: EA20: Growth Rate: YoY data is updated monthly, averaging 5.500 % from Jan 2003 (Median) to Feb 2025, with 266 observations. The data reached an all-time high of 47.000 % in Apr 2021 and a record low of -29.800 % in May 2020. European Union Exports: EA20: Growth Rate: YoY data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JA001: Eurostat: Trade Statistics: By BEC.

In the European Union, annual change in private consumption saw a decline of 7.1 percent in 2020. According to forecasts, private consumption is expected to grow by 1.8 percent in 2024.

In 2024, the portfolio of loans to households by banks in the European Economic Association (EEA) grew at a faster pace than the loans to non-financial corporations (NFC). However, it is forecast that EU/EEA loans to non-financial corporations will increase more between 2025 and 2027, reaching growth rates of **** percent or higher those years.

Graph and download economic data for Population Growth for Developing Countries in Europe and Central Asia (SPPOPGROWECA) from 1961 to 2024 about Central Asia, Europe, population, and rate.

Greece - Real GDP growth rate was 2.10% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - Real GDP growth rate - last updated from the EUROSTAT on November of 2025. Historically, Greece - Real GDP growth rate reached a record high of 8.70% in December of 2021 and a record low of -10.10% in December of 2011.

Key information about EU GDP Deflator Growth

• European Union GDP deflator (implicit price deflator) increased 2.7 % in Jun 2025, compared with an increase of 2.6 % in the previous quarter.
• EU GDP Deflator Growth data is updated quarterly, available from Mar 1996 to Jun 2025, with an average rate of 1.6 %.
• The data reached an all-time high of 6.9 % in Mar 2023 and a record low of -0.6 % in Sep 2009.

• In the latest reports, European Union GDP expanded 1.6 % YoY in Sep 2025.
• Its Nominal GDP reached 5,301.1 USD bn in Jun 2025.
• EU GDP Per Capita reached 41,541.4 USD in Dec 2023.
• Its Gross Savings Rate was measured at 26.0 % in Jun 2025.

Czech Republic - Real GDP growth rate was 1.20% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Czech Republic - Real GDP growth rate - last updated from the EUROSTAT on December of 2025. Historically, Czech Republic - Real GDP growth rate reached a record high of 5.20% in December of 2017 and a record low of -5.30% in December of 2020.

Graph and download economic data for Total Construction for the European Union (PRCNTO01EUQ657S) from Q2 1993 to Q2 2018 about EU, Europe, IP, and construction.

Le Produit Intérieur Brut (PIB) de l'Union européenne a augmenté de 1,60 pour cent au deuxième trimestre de 2025 par rapport au même trimestre de l'année précédente. Cette dataset fournit la dernière valeur rapportée pour le taux de croissance annuel du PIB de l'Union européenne, ainsi que les publications précédentes, les records historiques, les prévisions à court terme et les prédictions à long terme, le calendrier économique, le consensus des sondages et les actualités.

Gross domestic product (GDP) is defined as the value of all goods and services produced less the value of any goods or services used in their creation. For measuring the growth rate of GDP in terms of volumes, the GDP at current prices are valued in the prices of the previous year and the thus computed volume changes are imposed on the level of a reference year; this is called a chain-linked series. Doing so, price movements will not inflate the growth rate. Expessed as percentage change on the previous period and as percentage change on the previous period per capita.

Graph and download economic data for Unemployment to Population Rate: All Ages: All Persons for the European Union (DISCONTINUED) (LRUPTTTTEUA156S) from 2005 to 2012 about EU, Europe, population, unemployment, and rate.

TThe ERS International Macroeconomic Data Set provides historical and projected data for 181 countries that account for more than 99 percent of the world economy. These data and projections are assembled explicitly to serve as underlying assumptions for the annual USDA agricultural supply and demand projections, which provide a 10-year outlook on U.S. and global agriculture. The macroeconomic projections describe the long-term, 10-year scenario that is used as a benchmark for analyzing the impacts of alternative scenarios and macroeconomic shocks.

Explore the International Macroeconomic Data Set 2015 for annual growth rates, consumer price indices, real GDP per capita, exchange rates, and more. Get detailed projections and forecasts for countries worldwide.

Annual growth rates, Consumer price indices (CPI), Real GDP per capita, Real exchange rates, Population, GDP deflator, Real gross domestic product (GDP), Real GDP shares, GDP, projections, Forecast, Real Estate, Per capita, Deflator, share, Exchange Rates, CPI

Afghanistan, Albania, Algeria, Angola, Antigua and Barbuda, Argentina, Armenia, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Côte d'Ivoire, Cabo Verde, Cambodia, Cameroon, Canada, Central African Republic, Chad, Chile, China, Colombia, Congo, Costa Rica, Croatia, Cuba, Cyprus, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Eswatini, Ethiopia, Fiji, Finland, France, Gabon, Gambia, Georgia, Germany, Ghana, Greece, Grenada, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Lithuania, Luxembourg, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Mauritania, Mauritius, Mexico, Moldova, Mongolia, Morocco, Mozambique, Myanmar, Namibia, Nepal, Netherlands, New Zealand, Nicaragua, Niger, Nigeria, Norway, Oman, Pakistan, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Rwanda, Samoa, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, Spain, Sri Lanka, Sudan, Suriname, Sweden, Switzerland, Syria, Tajikistan, Tanzania, Thailand, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Uganda, Ukraine, United Arab Emirates, United Kingdom, Uruguay, Uzbekistan, Vanuatu, Venezuela, Vietnam, Yemen, Zambia, Zimbabwe, WORLD Follow data.kapsarc.org for timely data to advance energy economics research. Notes:

Developed countries/1 Australia, New Zealand, Japan, Other Western Europe, European Union 27, North America

Developed countries less USA/2 Australia, New Zealand, Japan, Other Western Europe, European Union 27, Canada

Developing countries/3 Africa, Middle East, Other Oceania, Asia less Japan, Latin America;

Low-income developing countries/4 Haiti, Afghanistan, Nepal, Benin, Burkina Faso, Burundi, Central African Republic, Chad, Democratic Republic of Congo, Eritrea, Ethiopia, Gambia, Guinea, Guinea-Bissau, Liberia, Madagascar, Malawi, Mali, Mozambique, Niger, Rwanda, Senegal, Sierra Leone, Somalia, Tanzania, Togo, Uganda, Zimbabwe;

Emerging markets/5 Mexico, Brazil, Chile, Czech Republic, Hungary, Poland, Slovakia, Russia, China, India, Korea, Taiwan, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Singapore

BRIICs/5 Brazil, Russia, India, Indonesia, China; Former Centrally Planned Economies

Former centrally planned economies/7 Cyprus, Malta, Recently acceded countries, Other Central Europe, Former Soviet Union

USMCA/8 Canada, Mexico, United States

Europe and Central Asia/9 Europe, Former Soviet Union

Middle East and North Africa/10 Middle East and North Africa

Other Southeast Asia outlook/11 Malaysia, Philippines, Thailand, Vietnam

Other South America outlook/12 Chile, Colombia, Peru, Bolivia, Paraguay, Uruguay

Indicator Source

Real gross domestic product (GDP) World Bank World Development Indicators, IHS Global Insight, Oxford Economics Forecasting, as well as estimated and projected values developed by the Economic Research Service all converted to a 2015 base year.

Real GDP per capita U.S. Department of Agriculture, Economic Research Service, Macroeconomic Data Set, GDP table and Population table.

GDP deflator World Bank World Development Indicators, IHS Global Insight, Oxford Economics Forecasting, as well as estimated and projected values developed by the Economic Research Service, all converted to a 2015 base year.

Real GDP shares U.S. Department of Agriculture, Economic Research Service, Macroeconomic Data Set, GDP table.

Real exchange rates U.S. Department of Agriculture, Economic Research Service, Macroeconomic Data Set, CPI table, and Nominal XR and Trade Weights tables developed by the Economic Research Service.

Consumer price indices (CPI) International Financial Statistics International Monetary Fund, IHS Global Insight, Oxford Economics Forecasting, as well as estimated and projected values developed by the Economic Research Service, all converted to a 2015 base year.

Population Department of Commerce, Bureau of the Census, U.S. Department of Agriculture, Economic Research Service, International Data Base.