Graph and download economic data for Real Gross Domestic Product (Euro/ECU Series) for European Union (28 Countries) (CLVMEURSCAB1GQEU28) from Q1 1995 to Q4 2019 about EU, Europe, real, and GDP.

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.

CEIC calculates Real GDP Growth from quarterly Real GDP. Eurostat provides Real GDP in EUR, at chain linked 2015 prices. European Union stands for EU27 excluding UK.


Related information about European Union Real GDP Growth

• 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.

European Union - Real GDP per capita was EUR29280.00 in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Real GDP per capita - last updated from the EUROSTAT on August of 2025. Historically, European Union - Real GDP per capita reached a record high of EUR29300.00 in December of 2022 and a record low of EUR22580.00 in December of 2000.

Euro Area - Real GDP per capita was EUR32140.00 in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Euro Area - Real GDP per capita - last updated from the EUROSTAT on August of 2025. Historically, Euro Area - Real GDP per capita reached a record high of EUR32220.00 in December of 2022 and a record low of EUR26380.00 in December of 2000.

Graph and download economic data for Real Gross Domestic Product (Euro/ECU Series) for Euro Area (19 Countries) (CLVMEURSCAB1GQEA19) from Q1 1995 to Q2 2025 about Euro Area, Europe, real, and GDP.

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 August 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.

Greece - Real GDP growth rate was 2.30% 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 August 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.

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 July 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.

Croatia - Real GDP per capita was EUR15020.00 in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Croatia - Real GDP per capita - last updated from the EUROSTAT on July of 2025. Historically, Croatia - Real GDP per capita reached a record high of EUR15020.00 in December of 2023 and a record low of EUR7950.00 in December of 2000.

Poland - Real GDP growth rate was 2.90% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Poland - Real GDP growth rate - last updated from the EUROSTAT on August of 2025. Historically, Poland - Real GDP growth rate reached a record high of 6.90% in December of 2021 and a record low of -2.00% in December of 2020.

Portugal - Real GDP growth rate was 1.90% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - Real GDP growth rate - last updated from the EUROSTAT on August of 2025. Historically, Portugal - Real GDP growth rate reached a record high of 7.00% in December of 2022 and a record low of -8.20% in December of 2020.

Portugal - Real GDP per capita was EUR19250.00 in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - Real GDP per capita - last updated from the EUROSTAT on July of 2025. Historically, Portugal - Real GDP per capita reached a record high of EUR19250.00 in December of 2023 and a record low of EUR16030.00 in December of 2013.

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.

Greece - Real GDP per capita was EUR19460.00 in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - Real GDP per capita - last updated from the EUROSTAT on August of 2025. Historically, Greece - Real GDP per capita reached a record high of EUR22370.00 in December of 2007 and a record low of EUR16320.00 in December of 2020.

Poland - Real GDP per capita was EUR14880.00 in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Poland - Real GDP per capita - last updated from the EUROSTAT on August of 2025. Historically, Poland - Real GDP per capita reached a record high of EUR14880.00 in December of 2023 and a record low of EUR6500.00 in December of 2000.

Denmark - Real GDP per capita was EUR52510.00 in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Denmark - Real GDP per capita - last updated from the EUROSTAT on August of 2025. Historically, Denmark - Real GDP per capita reached a record high of EUR52510.00 in December of 2023 and a record low of EUR42220.00 in December of 2000.

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 July 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.

Italy - Real GDP growth rate was 0.70% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Real GDP growth rate - last updated from the EUROSTAT on August of 2025. Historically, Italy - Real GDP growth rate reached a record high of 8.90% in December of 2021 and a record low of -8.90% in December of 2020.

Romania - Real GDP per capita was EUR10250.00 in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Real GDP per capita - last updated from the EUROSTAT on July of 2025. Historically, Romania - Real GDP per capita reached a record high of EUR10250.00 in December of 2023 and a record low of EUR3780.00 in December of 2000.

The indicator is calculated as the ratio of real GDP (GDP adjusted for inflation) to the average population of a specific year, where GDP is expressed in millions and population is expressed in thousands. Real GDP is published without decimals. GDP measures the value of the total final output of goods and services produced by an economy within a certain period of time. It includes goods and services that have markets (or which could have markets) and products which are produced by general government and non-profit institutions. It is a measure of economic activity and is commonly used as a proxy for the development in a country’s material living standards. However, it is not a complete measure of economic welfare. For example, GDP does not include most unpaid household work. Neither does GDP take account of negative effects of economic activity, like environmental degradation.