Consumer Spending In the Euro Area increased to 1609.73 EUR Billion in the first quarter of 2025 from 1605.63 EUR Billion in the fourth quarter of 2024. This dataset provides the latest reported value for - Euro Area Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

European Union - Final consumption expenditure of households: Recreation and culture was 8.40% in December of 2022, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Final consumption expenditure of households: Recreation and culture - last updated from the EUROSTAT on July of 2025. Historically, European Union - Final consumption expenditure of households: Recreation and culture reached a record high of 9.40% in December of 2000 and a record low of 7.70% in December of 2020.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for the Euro Area (19 Countries) (NAEXKP02EZA661S) from 1995 to 2022 about Euro Area, Europe, consumption expenditures, consumption, private, real, and GDP.

Household consumption, billion currency units in Euro area, March, 2025 The most recent value is 2008.98 billion Euro as of Q1 2025, a decline compared to the previous value of 2062.08 billion Euro. Historically, the average for Euro area from Q1 1995 to Q1 2025 is 1307.06 billion Euro. The minimum of 750.7 billion Euro was recorded in Q1 1995, while the maximum of 2062.08 billion Euro was reached in Q4 2024. | TheGlobalEconomy.com

Euro Area consumer spending for 2023 was 8.151 trillion US dollars, a 9.47% increase from 2022.

<ul style='margin-top:20px;'>

<li>Euro Area consumer spending for 2022 was <strong>7.446 trillion US dollars</strong>, a <strong>0.95% decline</strong> from 2021.</li>
<li>Euro Area consumer spending for 2021 was <strong>7.517 trillion US dollars</strong>, a <strong>10.57% increase</strong> from 2020.</li>
<li>Euro Area consumer spending for 2020 was <strong>6.798 trillion US dollars</strong>, a <strong>5.31% decline</strong> from 2019.</li>
</ul>Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.

Households and NPISHs Final consumption expenditure (current US$) in Euro area was reported at 7395040273115 USD in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Euro area - Household final consumption expenditure - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

EU European Union: GDP: % of GDP: Final Consumption Expenditure: Household data was reported at 55.951 % in 2017. This records a decrease from the previous number of 56.082 % for 2016. EU European Union: GDP: % of GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 57.828 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 59.512 % in 1982 and a record low of 55.951 % in 2017. EU European Union: GDP: % of GDP: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under World Trend Plus’s Aggregate: Euro Area and European Union – Table EU.World Bank.WDI: Gross Domestic Product: Share of GDP. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for the Euro Area (19 Countries) (NAEXKP03EZQ659S) from Q1 1996 to Q1 2023 about Euro Area, Europe, consumption expenditures, consumption, government, real, and GDP.

Key information about European Union Private Consumption: % of GDP

• European Union Private Consumption accounted for 51.9 % of its Nominal GDP in Dec 2024, compared with a ratio of 53.2 % in the previous quarter.
• EU Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1995 to Dec 2024, with an average share of 55.2 %.
• The data reached an all-time high of 56.9 % in Mar 1997 and a record low of 50.0 % in Dec 2020.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Eurostat provides Private Consumption Expenditure in EUR and Nominal GDP in EUR. European Union stands for EU27 excluding UK.


Related information about European Union Private Consumption: % of GDP

• In the latest reports, EU GDP expanded 1.0 % YoY in Mar 2023.
• Its Nominal GDP reached 4,430.4 USD bn in Mar 2023.
• EU GDP Per Capita reached 38,468.8 USD in Dec 2021.
• Its Gross Savings Rate was measured at 25.7 % in Dec 2024.

Euro area: Household consumption as percent of GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Euro area from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product - Total for the Euro Area (19 Countries) (NAEXCP01EZQ189S) from Q1 1995 to Q1 2023 about Euro Area, Europe, expenditures, and GDP.

The total consumer spending on household upkeep in Europe was forecast to continuously increase between 2024 and 2029 by in total ***** billion U.S. dollars (***** percent). After the seventh consecutive increasing year, the spending on household upkeep is estimated to reach * trillion U.S. dollars and therefore a new peak in 2029. Consumer spending, in this case concerning furnishings, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group **. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the total consumer spending on household upkeep in countries like the Americas and Worldwide.

Households and NPISHs Final consumption expenditure, PPP (current international $) in Euro area was reported at 9297370653853 USD in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Euro area - Household final consumption expenditure, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about EU Private Consumption Expenditure

• EU Private Consumption Expenditure was reported at 2,556.722 USD bn in Dec 2024. This records a decrease from the previous number of 2,607.066 USD bn for Sep 2024.
• EU Private Consumption Expenditure data is updated quarterly, averaging 2,028.633 USD bn from Mar 1999 to Dec 2024, with 104 observations.
• The data reached an all-time high of 2,607.066 USD bn in Sep 2024 and a record low of 971.984 USD bn in Dec 2000.
• EU Private Consumption Expenditure data remains in an 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: Private Consumption Expenditure: USD: Quarterly: Seasonally Adjusted.

CEIC converts quarterly Private Consumption Expenditure into USD. Eurostat provides Private Consumption Expenditure in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. European Union stands for EU27 excluding UK.

Euro Area - Final consumption expenditure of households: Transport was 12.60% 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 - Final consumption expenditure of households: Transport - last updated from the EUROSTAT on July of 2025. Historically, Euro Area - Final consumption expenditure of households: Transport reached a record high of 13.90% in December of 1999 and a record low of 11.50% in December of 2020.

Euro Area - Final consumption expenditure of households and NPISH, current prices was EUR2050355.20 Million in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Euro Area - Final consumption expenditure of households and NPISH, current prices - last updated from the EUROSTAT on July of 2025. Historically, Euro Area - Final consumption expenditure of households and NPISH, current prices reached a record high of EUR2050355.20 Million in March of 2025 and a record low of EUR1350547.50 Million in June of 2020.

European Union - Final consumption expenditure of households: Restaurants and hotels was 8.50% in December of 2022, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Final consumption expenditure of households: Restaurants and hotels - last updated from the EUROSTAT on June of 2025. Historically, European Union - Final consumption expenditure of households: Restaurants and hotels reached a record high of 8.70% in December of 2019 and a record low of 5.90% in December of 2020.

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.

European Union: GDP: USD: Final Consumption Expenditure data was reported at 13,095.368 USD bn in 2017. This records an increase from the previous number of 12,583.836 USD bn for 2016. European Union: GDP: USD: Final Consumption Expenditure data is updated yearly, averaging 6,614.852 USD bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 14,701.961 USD bn in 2008 and a record low of 629.960 USD bn in 1970. European Union: GDP: USD: Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under World Trend Plus’s Aggregate: Euro Area and European Union – Table EU.World Bank.WDI: Gross Domestic Product: Nominal. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Key information about EU Public Consumption: % of GDP

• European Union Public Consumption accounted for 22.4 % of its Nominal GDP in Dec 2024, compared with a share of 21.0 % in the previous quarter.
• EU Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1995 to Dec 2024, with an average number of 20.7 %.
• The data reached an all-time high of 23.9 % in Jun 2020 and a record low of 19.1 % in Sep 2007.

CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. Eurostat provides Government Consumption Expenditure in EUR and Nominal GDP in EUR. European Union stands for EU27 excluding UK.


Related information about EU Public Consumption: % of GDP

• In the latest reports, EU GDP expanded 1.0 % YoY in Mar 2023.
• EU Nominal GDP reached 4,430.4 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 6.5 % in Mar 2023.
• EU GDP Per Capita reached 38,468.8 USD in Dec 2021.
• Its Gross Savings Rate was measured at 25.7 % in Dec 2024.
• For Nominal GDP contributions, Investment accounted for 21.9 % in Dec 2024.
• Private Consumption accounted for 51.9 % in Dec 2024.