The Gross Domestic Product (GDP) in European Union was worth 19423.32 billion US dollars in 2024, according to official data from the World Bank. The GDP value of European Union represents 18.29 percent of the world economy. This dataset provides the latest reported value for - European Union GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita in European Union was last recorded at 34859.60 US dollars in 2024. The GDP per Capita in European Union is equivalent to 276 percent of the world's average. This dataset provides the latest reported value for - European Union GDP Per Capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This table presents Gross Domestic Product (GDP) and its main components according to the expenditure approach. Data is presented in US dollars. In the expenditure approach, the components of GDP are: final consumption expenditure of households and non-profit institutions serving households (NPISH) plus final consumption expenditure of General Government plus gross fixed capital formation (or investment) plus net trade (exports minus imports).

When using the filters, please note that final consumption expenditure is shown separately for the Households/NPISH and General Government sectors, not for the whole economy. All other components of GDP are shown for the whole economy, not for the sector breakdowns.

The table shows OECD countries and some other economies, as well as the OECD total, G20, G7, OECD Europe, United States - Mexico - Canada Agreement (USMCA), European Union and euro area.

These indicators were presented in the previous dissemination system in the QNA dataset.
See User Guide on Quarterly National Accounts (QNA) in OECD Data Explorer: QNA User guide
See QNA Calendar for information on advance release dates: QNA Calendar
See QNA Changes for information on changes in methodology: QNA Changes
See QNA TIPS for a better use of QNA data: QNA TIPS
Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage
OECD statistics contact: STAT.Contact@oecd.org

Data from 1st of June 2022. For most recent GDP data, consult dataset nama_10_gdp. Gross domestic product (GDP) is a measure for the economic activity. It is defined as the value of all goods and services produced less the value of any goods or services used in their creation. The volume index of GDP per capita in Purchasing Power Standards (PPS) is expressed in relation to the European Union average set to equal 100. If the index of a country is higher than 100, this country's level of GDP per head is higher than the EU average and vice versa. Basic figures are expressed in PPS, i.e. a common currency that eliminates the differences in price levels between countries allowing meaningful volume comparisons of GDP between countries. Please note that the index, calculated from PPS figures and expressed with respect to EU27_2020 = 100, is intended for cross-country comparisons rather than for temporal comparisons."

The Gross Domestic Product per capita in European Union was last recorded at 54290.99 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in European Union, when adjusted by Purchasing Power Parity is equivalent to 306 percent of the world's average. This dataset provides the latest reported value for - European Union GDP Per Capita Ppp - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This table shows Gross Domestic Product (GDP) per capita (or per person), household final consumption expenditure per capita and actual individual consumption per capita. Final consumption expenditure is the expenditure of resident households on consumption goods or services, while individual consumption is the sum of household consumption plus the individual (not collective) consumption of the non-profit institutions serving households (NPISH) and General Government sectors. The indicators are in volume terms and are converted to US dollars using constant Purchasing Power Parities (PPPs).

When using the filters, please note that GDP is selected by default in the ‘Transaction’ filter but you can select the consumption measures using the ‘Transaction’ filter. The ‘Institutional sector’ filter shows that GDP and actual individual consumption relate to the total economy, while household final consumption expenditure relates to households.

The table shows OECD countries and selected economies, as well as the OECD total, OECD Europe, European Union and euro area . These can be selected using the ‘Reference area’ filter.

These indicators were presented in the previous dissemination system in the SNA_TABLE1 dataset.
See ANA Changes for information on changes in methodology: ANA Changes
Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage
OECD statistics contact: STAT.Contact@oecd.org

This table presents Gross Domestic Product (GDP) and its components according to the output approach. In the output approach, GDP is measured as the sum of gross value added (GVA) of all economic activities plus taxes less subsidies on products. This table includes breakdowns of GVA by type of economic activity according to Revision 4 of the International Standard Industrial Classification of All Economic Activities (ISIC).

The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data is also presented converted to US dollars using exchange rates. It is also possible to select current prices, chain linked volumes etc using the ‘Price base’ filter (the default view is current prices).

The table shows OECD countries and selected economies, as well as the OECD total, OECD Europe, European Union and euro area. These can be selected using the ‘Reference area’ filter.

These indicators were presented in the previous dissemination system in the SNA_TABLE1 dataset.
See ANA Changes for information on changes in methodology: ANA Changes
Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage
OECD statistics contact: STAT.Contact@oecd.org

The Gross Domestic Product (GDP) In the Euro Area expanded 0.60 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Euro Area GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross domestic product (GDP) is a measure for the economic activity. It refers to the value of the total output of goods and services produced by an economy, less intermediate consumption, plus net taxes on products and imports. GDP per capita is calculated as the ratio of GDP to the average population in a specific year. Basic figures are expressed in purchasing power standards (PPS), which represents a common currency that eliminates the differences in price levels between countries to allow meaningful volume comparisons of GDP. The values are also offered as an index calculated in relation to the European Union average set to equal 100. If the index of a country is higher than 100, this country's level of GDP per head is higher than the EU average and vice versa. Please note that this index is intended for cross-country comparisons rather than for temporal comparisons. Finally, the disparities indicator offered for EU aggregates is calculated as the coefficient of variation of the national figures. This time series offers a measure of the convergence of economic activity between the EU Member States. Copyright notice and free re-use of data on: https://ec.europa.eu/eurostat/about-us/policies/copyright

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.

In this paper the authors conduct a meta-analysis to examine the link between R&D spending and economic growth in the EU and other regions. The results suggest that the growth-enhancing effect of R&D in the EU15 countries does not differ from that in other countries in general, but it is less significant than that for other industrialized countries. A closer inspection of the data reveals that the weak results for the EU15 stem from comparisons with the US – the US has been able to generate a stronger growth response from its R&D spending. Possible explanations for the US advantage include higher private sector investment in R&D and stronger public-private sector linkages than in the EU. Hence, to reduce the “innovation gap” vis-à-vis the US, it may not be enough for the EU to raise the share of R&D expenditures in GDP: continuous improvements in the European innovation system will also be needed, with focus on areas like private sector R&D and public-private sector linkages.

The Gross Domestic Product (GDP) In the Euro Area was worth 16406.13 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Euro Area represents 14.74 percent of the world economy. This dataset provides the latest reported value for - Euro Area GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Fiscal Monitor surveys and analyzes the latest public finance developments, it updates fiscal implications of the crisis and medium-term fiscal projections, and assesses policies to put public finances on a sustainable footing.

Country-specific data and projections for key fiscal variables are based on the April 2020 World Economic Outlook database, unless indicated otherwise, and compiled by the IMF staff. Historical data and projections are based on information gathered by IMF country desk officers in the context of their missions and through their ongoing analysis of the evolving situation in each country; they are updated on a continual basis as more information becomes available. Structural breaks in data may be adjusted to produce smooth series through splicing and other techniques. IMF staff estimates serve as proxies when complete information is unavailable. As a result, Fiscal Monitor data can differ from official data in other sources, including the IMF's International Financial Statistics.

The country classification in the Fiscal Monitor divides the world into three major groups: 35 advanced economies, 40 emerging market and middle-income economies, and 40 low-income developing countries. The seven largest advanced economies as measured by GDP (Canada, France, Germany, Italy, Japan, United Kingdom, United States) constitute the subgroup of major advanced economies, often referred to as the Group of Seven (G7). The members of the euro area are also distinguished as a subgroup. Composite data shown in the tables for the euro area cover the current members for all years, even though the membership has increased over time. Data for most European Union member countries have been revised following the adoption of the new European System of National and Regional Accounts (ESA 2010). The low-income developing countries (LIDCs) are countries that have per capita income levels below a certain threshold (currently set at $2,700 in 2016 as measured by the World Bank's Atlas method), structural features consistent with limited development and structural transformation, and external financial linkages insufficiently close to be widely seen as emerging market economies. Zimbabwe is included in the group. Emerging market and middle-income economies include those not classified as advanced economies or low-income developing countries. See Table A, "Economy Groupings," for more details.

Most fiscal data refer to the general government for advanced economies, while for emerging markets and developing economies, data often refer to the central government or budgetary central government only (for specific details, see Tables B-D). All fiscal data refer to the calendar years, except in the cases of Bangladesh, Egypt, Ethiopia, Haiti, Hong Kong Special Administrative Region, India, the Islamic Republic of Iran, Myanmar, Nepal, Pakistan, Singapore, and Thailand, for which they refer to the fiscal year.

Composite data for country groups are weighted averages of individual-country data, unless otherwise specified. Data are weighted by annual nominal GDP converted to U.S. dollars at average market exchange rates as a share of the group GDP.

In many countries, fiscal data follow the IMF's Government Finance Statistics Manual 2014. The overall fiscal balance refers to net lending (+) and borrowing ("") of the general government. In some cases, however, the overall balance refers to total revenue and grants minus total expenditure and net lending.

The fiscal gross and net debt data reported in the Fiscal Monitor are drawn from official data sources and IMF staff estimates. While attempts are made to align gross and net debt data with the definitions in the IMF's Government Finance Statistics Manual, as a result of data limitations or specific country circumstances, these data can sometimes deviate from the formal definitions.

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

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

Food and Agriculture Organization of the United Nations (2017). Food and Agriculture Organization Statistics: Prices - Deflators | Country: Sudan | Item: Gross Fixed Capital Formation Deflator | Element: Value US$, 2005 prices -, 1970-2014. Data-Planet™ Statistical Ready Reference by Conquest Systems, Inc. [Data-file]. Dataset-ID: 067-001-063. Dataset: Provides three implicit price deflator series by country: Gross Domestic Product (GDP) deflator, Gross Fixed Capital Formation (GFCF) deflator, and Agriculture, Forestry, Fishery Value-Added (VA_AFF) deflator. A deflator is a figure expressing the change in prices over a period of time for a product or a basket of products by comparing a reference period to a base period. The deflators presented here are obtained by dividing the series in current prices by those in constant 2005 prices (base year). Movements in an implicit price deflator reflect both changes in price and changes in the composition of the aggregate for which the deflator is calculated. All series are derived from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database. The time-series and cross-sectional data provided here are from the FAOSTAT database of the Food and Agriculture Organization of the United Nations. Statistics include measures related to the food supply; forestry; agricultural production, prices, and investment; and trade and use of resources, such as fertilizers, land, and pesticides. As available, data are provided for approximately 245 countries and 35 regional areas from 1961 through the present. The data are typically supplied by governments to FAO Statistics through national publications and FAO questionnaires. Official data have sometimes been supplemented with data from unofficial sources and from other national or international agencies or organizations. In particular, for the European Union member countries, with the exception of Spain, data obtained from EUROSTAT have been used. Category: Agriculture and Food, International Relations and Trade Source: Food and Agriculture Organization of the United Nations Established in 1945 as a specialized agency of the United Nations, the Food and Agricultural Organization’s mandate is to raise levels of nutrition, improve agricultural productivity, better the lives of rural populations, and contribute to the growth of the world economy. Staff experts in seven FAO departments serve as a knowledge network to collect, analyze, and disseminate data, sharing policy expertise with member countries and implementing projects and programs throughout the world aimed at achieving rural development and hunger alleviation goals. The Statistics Division of the Food and Agricultural Organization collates and disseminates food and agricultural statistics globally. http://www.fao.org/ Subject: Prices, Agricultural Production, Agricultural Commodities, Agricultural Products

The Gross Domestic Product per capita In the Euro Area was last recorded at 56326.23 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, In the Euro Area, when adjusted by Purchasing Power Parity is equivalent to 317 percent of the world's average. This dataset provides the latest reported value for - Euro Area GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation Rate In the Euro Area increased to 2 percent in June from 1.90 percent in May of 2025. This dataset provides the latest reported value for - Euro Area Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Money Supply M2 In the Euro Area increased to 15736672 EUR Million in May from 15696283 EUR Million in April of 2025. This dataset provides the latest reported value for - Euro Area Money Supply M2 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.