The economy of the European Union is set to grow by *** 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. ***** is the country which is forecasted to grow the most in 2025, with an annual growth rate of *** 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 *** percent.
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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.
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.
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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.
This statistic shows gross domestic product (GDP) of the European Union from 2020 to 2030 in billion international dollars. In 2024, the EU's GDP amounted to about 19.41 trillion U.S. dollars. Brexit and the economy of the European Union The European Union is still recovering from the crisis in 2008, but it is by no means making an impressive comeback and 2016 has not started out on the right foot either. Total GDP of the European Union staggered in 2012 and even moreso in 2015. Recent events are also bound to reduce consumer confidence and drag down growth. The year began with the economic slowdown in China and has continued on with the United Kingdom’s decision to leave the European Union. The long term effects this decision is expected to have have an overall negative effect on GDP growth within the European Union. However, the effects will likely hit the UK and Ireland more so. By 2030, it is expected that the GDP growth of the European Union will be negative at around minus 0.36 percent. Even considering an optimistic scenario, GDP of the UK is expected to decrease by 2.72 percent by 2030, as well - a pessimistic forecast even reducing GDP growth to a 7.7 percent decrease. Yet, it is still too early to tell how Brexit will play out in reality, but it will almost certainly impact current future projections of GDP growth in the European Union and the Euro Area.
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.
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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.
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The Gross Domestic Product (GDP) in European Union expanded 0.60 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - European Union GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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We use the yield curve to predict future GDP growth and recession probabilities. The spread between short- and long-term rates typically correlates with economic growth. Predications are calculated using a model developed by the Federal Reserve Bank of Cleveland. Released monthly.
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This dataset provides values for GDP PER CAPITA reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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bnp_-arbetskraftsinsats-och-arbetskraftskostnad_-kvartalsdata_-faktiska-va_rden gdp_-labour-input-and-labour-cost_-quarterly-estimates_-actual-values national-accounts national-accounts_-quarterly-and-annual-estimates nationalra_kenskaper nationalra_kenskaper_-kvartals-och-a_rsbera_kningar
The use of 5G is expected to contribute a total of over 1.5 trillion U.S. dollars to gross domestic product (GDP) in the United States (U.S.) from 2021 to 2025. The use of 5G in the information and communication sector will drive around 251 billion U.S dollars of growth in that time.
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As per Cognitive Market Research's latest published report, the Global Non-Stick Cookware market size will be $13,628.21 Million by 2028.The Global Non-Stick Cookware Industry's Compound Annual Growth Rate will 3.73% from 2023 to 2030.
The North America Non-Stick Cookware market size will be USD 4,572.27 Million by 2028.
Factors Affecting the Non Stick Cookware Market
Increasing population ratio and rapid urbanization in emerging countries
China and India are the world's biggest creating economies and furthermore two of the most crowded nations. China, which presently has more than 1.3 billion individuals, is required to develop to more than 1.4 billion by 2050, and India with a population of 1 billion will surpass China to be the most crowded nation with about a 1.6 billion population. These population giants are home to 37% of the total population today. Also, China and India have made eminent progress in their financial improvement described by a high pace of GDP development over the most recent two decades. Together the two nations account as of now for just about a fifth of world GDP.
Developing nations, for example, India and China have abounding population besting the one-billion imprints; both experienced the progress from a shut economy to a more market–situated commitment with the outside world in exchange and speculation; and both to date are in the procedures of industrialization and modernization joined by significant rates of economic growth.
The rapid urbanization in many countries including developed nations over the past 50 years appears to have been joined by unnecessarily elevated levels of grouping of the urban population in extremely enormous urban communities. In any case, in a develop arrangement of urban communities, economic activity is increasingly spread out. Since forever, urban areas have been the primary habitats of learning, culture and development.
It is not surprising that the world's most urban countries tend to be the richest and have the highest human development. Progressing rapid urbanization can possibly improve the prosperity of social orders. Albeit just around a large portion of the world's kin live in urban areas, they create in excess of 80 percent of Global Domestic Product (GDP).
Due to growing population and urbanization people spending capacity has also increased gradually. People give preference to the health development. Additionally, increasing urbanization results in surging nuclear family which enhances the demand for kitchen appliances and cookware. Moreover, rise in working-class population prefers quickly made home-cooked healthy food with the help of modern kitchen appliances that results in mounting of demand for non-stick cookware.
Following graph shows the, world's population who lives in urban area. Also, every region provides the growth ratio of their population from year 1990 till forecast year 2050. All in one this analysis shows how population growth impacts on rapid urbanization. According to graph, Asia Pacific region’s population growth is expected to grow in forecast period.
Varieties of non-stick cookware and wide availability in retail channels
Restraints for Non-Stick Cookware Market
Availability of substitute products. (Access Detailed Analysis in the Full Report Version)
Opportunities for Non-Stick Cookware Market
Rise in disposable income and spending habits. (Access Detailed Analysis in the Full Report Version)
Introduction of Non Stick Cookware
A non-stick cookware is a kitchen cookware such as non-stick pans that has a non-stick surface engineered to reduce the ability of other materials to stick to it. It ensures quick proper cooking of the food in the cookware without sticking. The commonly used non-stick coating cookware is Teflon, ceramic coated cookware.
There are various benefits of non-stick cookware such as affordable, lightweight, easy to handle provides easy cleaning of food. The non-stick cookware in form of frying pans, saucepan, griller, casseroles are made up of different coating material such as Teflon, ceramic coated, anodized aluminum, these are durable, user-friendly, scratch resistant and are stable at temperature till 300 degree Celsius. They use less oil and allows even heat distribution that enhances the flavors of dish and quick heating enables quicker cooking of t...
In the third quarter of 2024, Greece's national debt was the highest in all the European Union, amounting to 158 percent of Greece's gross domestic product. In spite of Greece's total being high by EU standards, it marks a substantial decrease from the historical high point reached by the country's national debt of 207 percent of GDP in 2020. Italy, France, Spain, Belgium, and Portugal also all have government debt worth over one year's production of their economies, while the small Baltic country of Estonia has the smallest national debt when compared with GDP, at only 24 percent. In debitum incrementum?A country’s national debt, also known as government debt or public debt, is defined as all borrowings owed by the government of a country. It usually comprises internal debt – owed to other governmental departments – and external debt, which is held by the public and is owed to government bond owners. National debt can be caused by a struggling economy in general, or by low tax income, which usually leads to money being borrowed from other governments for support, which in turn cannot be paid back right away. At first glance, a high national debt is not always a sign of a struggling economy – but since increasing debt can slow down economic growth significantly, it is imperative for the respective government to seek a steady reduction in the long run.
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Graph and download economic data for Real Imports of Services: Charges for the use of intellectual property n.e.c. (B908RL1Q225SBEA) from Q2 1967 to Q1 2025 about used, intellectual property, imports, services, real, GDP, rate, and USA.
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Government spending in European Union was last recorded at 49.2 percent of GDP in 2024 . This dataset provides - European Union Government Spending To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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O crescimento do PIB em toda a União Europeia aumentou para 0,90% em 2024, em comparação com 0,40% em 2023. Valores atuais, dados históricos, previsões, estatísticas, gráficos e calendário econômico - União Europeia - PIB (anual).
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Produkt krajowy brutto na mieszkańca w Unii Europejskiej wyniósł ostatnio 34859,60 dolarów amerykańskich w 2024 roku. PKB na mieszkańca w Unii Europejskiej odpowiada 276 procent średniej światowej. Ta strona zawiera najnowsza zgloszona wartosc dla - Produktu Krajowego Brutto na mieszkanca Unii Europejskiej - oraz poprzednie publikacje, historyczne maksima i minima, krótkoterminowe prognozy i dlugoterminowe przewidywania, kalendarz ekonomiczny, konsensus ankiety i wiadomosci.
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Produkt Krajowy Brutto (PKB) w Unii Europejskiej wzrósł o 1,60 procent w pierwszym kwartale 2025 roku w porównaniu do tego samego kwartału poprzedniego roku. Ta strona zawiera najnowsza zgloszona wartosc dla - Wskaznik rocznego wzrostu PKB Unii Europejskiej - oraz poprzednie publikacje, historyczne maksima i minima, krótkoterminowe prognozy i dlugoterminowe przewidywania, kalendarz ekonomiczny, konsensus ankiety i wiadomosci.
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Produkt krajowy brutto na mieszkańca w Unii Europejskiej wyniósł ostatnio 54290,99 dolarów amerykańskich w 2024 roku, po dostosowaniu według parytetu siły nabywczej (PPP). PKB na mieszkańca w Unii Europejskiej, po dostosowaniu według parytetu siły nabywczej, odpowiada 306 procentom światowej średniej. Ta strona zawiera najnowsza zgloszona wartosc dla - Produktu Krajowego Brutto na mieszkanca UE PPS - oraz poprzednie publikacje, historyczne maksima i minima, krótkoterminowe prognozy i dlugoterminowe przewidywania, kalendarz ekonomiczny, konsensus ankiety i wiadomosci.
The economy of the European Union is set to grow by *** 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. ***** is the country which is forecasted to grow the most in 2025, with an annual growth rate of *** 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 *** percent.