Graph and download economic data for Real Gross Domestic Product (Euro/ECU Series) for Euro Area (19 Countries) (CLVMEURSCAB1GQEA19) from Q1 1995 to Q1 2025 about Euro Area, Europe, real, and GDP.

Germany - Real GDP growth rate was -0.20% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Real GDP growth rate - last updated from the EUROSTAT on June of 2025. Historically, Germany - Real GDP growth rate reached a record high of 4.20% in December of 2010 and a record low of -4.10% in December of 2020.

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.

Key information about European Union Real GDP Growth

• The Gross Domestic Product (GDP) in European Union expanded 1.3 % YoY in Mar 2023, following a growth of 1.7 % in the previous quarter.
• Real GDP Growth YoY data in EU is updated quarterly, available from Mar 1996 to Mar 2023, with an average rate of 2.0 %.
• The data reached an all-time high of 13.8 % in Jun 2021 and a record low of -13.4 % in Jun 2020.

• In the latest reports, Nominal GDP of EU reached 4,140.5 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 6.1 % in Dec 2022.
• GDP Per Capita in EU reached 38,454.2 USD in Dec 2021.
• Its Gross Savings Rate was measured at 25.8 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 24.2 % in Dec 2022.
• Public Consumption accounted for 22.3 % in Dec 2022.
• Private Consumption accounted for 51.9 % in Dec 2022.

Romania - Real GDP growth rate was 0.80% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Real GDP growth rate - last updated from the EUROSTAT on May of 2025. Historically, Romania - Real GDP growth rate reached a record high of 8.20% in December of 2017 and a record low of -3.90% in December of 2010.

In 2023, the gross domestic product in the European Union grew by 0.8 percent, as economic stagnation and high inflation caused by the Russia-Ukraine war impacted European economies. The European Commission forecasts that the European economy will have grown by 0.9 percent in 2024, continuing the trend registered in the previous year. This represents slow economic growth after the post-pandemic resurgence, yet avoids the recession many commentators warned the EU might slip into. Growth is forecast to increase again in 2025, climbing to 1.5 percent—a figure considered low by historical EU standards, excluding periods of economic crisis.

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.

Lithuania - Real GDP growth rate was 2.80% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Lithuania - Real GDP growth rate - last updated from the EUROSTAT on May of 2025. Historically, Lithuania - Real GDP growth rate reached a record high of 6.40% in December of 2021 and a record low of 0.00% in December of 2020.

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.

The fastest growing economy in Europe in 2024 was Malta. The small Mediterranean country's gross domestic product grew at five percent in 2024, beating out Montenegro which had a growth rate of almost four percent and the Russian Federation which had a rate of 3.6 percent in the same year. Estonia was the country with the largest negative growth in 2024, as the Baltic country's economy shrank by 0.88 percent compared with 2023, largely as a result of the country's exposure to the economic effects of Russia's invasion of Ukraine and the subsequent economic sanctions placed on Russia. Germany, Europe's largest economy, experience economic stagnation with a growth of 0.1 percent. Overall, the EU (which contains 27 European countries) registered a growth rate of one percent and the Eurozone (which contains 20) grew by 0.8 percent.

European Union Imports: Growth Rate: YoY data was reported at 7.200 % in Feb 2025. This records a decrease from the previous number of 11.000 % for Jan 2025. European Union Imports: Growth Rate: YoY data is updated monthly, averaging 4.350 % from Jan 2003 (Median) to Feb 2025, with 266 observations. The data reached an all-time high of 56.600 % in May 2022 and a record low of -30.500 % in Jul 2009. European Union Imports: 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.

Gross domestic product (GDP) at market prices is the final result of the production activity of resident producer units (ESA 2010, 8.89). It can be defined in three ways: a production approach, an income approach and an expenditure approach. Data are calculated as chain-linked volumes (i.e. data at previous year's prices, linked over the years via appropriate growth rates). Growth rates 'q/q-1 (sca)' with respect to the previous quarter and 'q/q-4 (sca)' with respect to the same quarter of the previous year are calculated from calendar and seasonally adjusted figures while growth rates 'q/q-4 (nsa)' with respect to the same quarter of the previous year are calculated from raw data.

Slovakia - 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 Slovakia - Real GDP growth rate - last updated from the EUROSTAT on June of 2025. Historically, Slovakia - Real GDP growth rate reached a record high of 6.70% in December of 2010 and a record low of -2.60% in December of 2020.

GVA (gross value added) is an indicator of the economic activity of a country or a region. It reflects the total value of all goods and services produced less the value of goods and services used for intermediate consumption in their production. Several years ago Eurostat has started to collect real growth rates of regional GVA at NUTS level 2 fom those Member States which calculate this already. The indicator is part of the ESA 2010 data transmission programme, but the transmission will be obligatory only as from the end of 2017.

European Union Exports: EA20: Growth Rate: YoY data was reported at 3.000 % in Jan 2025. This records an increase from the previous number of 2.900 % for Dec 2024. European Union Exports: EA20: Growth Rate: YoY data is updated monthly, averaging 5.500 % from Jan 2003 (Median) to Jan 2025, with 265 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.

The indicator 'employment growth' gives the change in percentage from one year to another of the total number of employed persons on the economic territory of the country or the geographical area.

European Union - Real GDP growth rate was 1.00% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Real GDP growth rate - last updated from the EUROSTAT on June of 2025. Historically, European Union - Real GDP growth rate reached a record high of 6.30% in December of 2021 and a record low of -5.60% in December of 2020.

Key information about EU Nominal GDP Growth

• European Union Nominal GDP Growth was reported at 4.145 % in Dec 2024.
• This records a decrease from the previous number of 4.350 % for Sep 2024.
• EU Nominal GDP Growth data is updated quarterly, averaging 3.822 % from Mar 1996 to Dec 2024, with 116 observations.
• The data reached an all-time high of 16.294 % in Jun 2021 and a record low of -11.067 % in Jun 2020.
• 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.

European Union Imports: EA20: Growth Rate: YoY data was reported at 7.600 % in Jan 2025. This records an increase from the previous number of 3.600 % for Dec 2024. European Union Imports: EA20: Growth Rate: YoY data is updated monthly, averaging 4.400 % from Jan 2003 (Median) to Jan 2025, with 265 observations. The data reached an all-time high of 54.200 % in Aug 2022 and a record low of -28.600 % in Jul 2009. European Union Imports: 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.

Graph and download economic data for Real Gross Domestic Product for Germany (CLVMNACNSAB1GQDE) from Q1 1991 to Q1 2025 about Germany, real, and GDP.