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 (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 Gross Domestic Product (GDP) In the Euro Area expanded 0.20 percent in the fourth 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.

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

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.

The dataset contains GDP growth data for 15+ European Countries, spanning from 1960 to 2023. The indicator name is GDP (current US$), and the corresponding indicator code is NY.GDP.MKTP.CD.

This dataset is made possible with Collaboration of @Batros Jamali

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.

Country, regional and world GDP in current US Dollars ($). Regional means collections of countries e.g. Europe & Central Asia. Data is sourced from the World Bank and turned into a standard normalized CSV.

Context

The European Union is a unique economic and political union between twenty-eight countries that together cover much of the continent. It was created in the aftermath of the Second World War to foster economic cooperation and thus avoid conflict. The result was the European Economic Community (EEC), established in 1958, with Belgium, Germany, France, Italy, Luxembourg and the Netherlands as its members. What began as an economic union has evolved into an organization spanning policy areas, from climate, environment and health to external relations and security, justice and migration. The 1993 name change from the European Economic Community (EEC) to the European Union (EU) reflected this.

The European Union has delivered more than half a century of peace, stability and prosperity, helped raise living standards and launched a single European currency: the Euro. In 2012, the EU was awarded the Nobel Peace Prize for advancing the causes of peace, reconciliation, democracy and human rights in Europe. The single market is the EU's main economic engine, enabling most goods, services, money and people to move freely.

Content

The European Union covers over 4 million square kilometers and has 508 million inhabitants — the world’s third largest population after China and India. This dataset includes information on each EU member state, candidate state, or European Free Trade Agreement (EFTA) signatory state.

Acknowledgements

The membership, population, and economic data was published by the European Commission's Eurostat. Gross domestic product and GDP per capita in US dollars was provided by the World Bank.

Inspiration

How has the European Union grown in the past fifty years? What is the largest country by population or surface area? Which country has the largest economy by gross domestic product? How many different languages are spoken across all the member states?

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. GDP per person employed is intended to give an overall impression of the productivity of national economies expressed in relation to the European Union average. If the index of a country is higher than 100, this country's level of GDP per person employed 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 'persons employed' does not distinguish between full-time and part-time employment. Labour productivity per hour worked is calculated as real output per unit of labour input (measured by the total number of hours worked). Measuring labour productivity per hour worked provides a better picture of productivity developments in the economy than labour productivity per person employed, as it eliminates differences in the full time/part time composition of the workforce across countries and years. Copyright notice and free re-use of data on: https://ec.europa.eu/eurostat/about-us/policies/copyright

In 1870, the GDP of the U.S., Canada, Australia, and New Zealand was eight times larger than in 1820, and by 1913 it was almost 42 times larger. Although Europe had the largest share of global GDP in 1913, it had only grown by 5.4 times since 1820. GDP in the Asia-Pacific region did not double over this period, as it was not until the latter half of the twentieth century when industrialization began on a large scale.

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 table shows Gross Domestic Product (GDP) and its components such as consumption expenditure, gross fixed capital formation (investment), changes in inventories, exports and imports of goods and services. The indicators are in volume terms and are converted to US dollars using current Purchasing Power Parities (PPPs).

When using the filters, please note that GDP is selected by default in the ‘Transaction filter’, but you can select other measures using this filter. The sector to which the selected transaction relates will be shown in the ‘Institutional sector’ filter, and further options (if applicable) will be shown under the ‘Financial instruments and non-financial assets’ filter.

Please also note that 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 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) per capita (or per person) according to the expenditure approach. Data is presented in US dollars. In the expenditure approach, GDP is made up of final consumption expenditure of households and non-profit institutions serving households plus final consumption expenditure of General Government plus gross fixed capital formation (or investment) plus net trade (exports minus imports).

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

TThe ERS International Macroeconomic Data Set provides historical and projected data for 181 countries that account for more than 99 percent of the world economy. These data and projections are assembled explicitly to serve as underlying assumptions for the annual USDA agricultural supply and demand projections, which provide a 10-year outlook on U.S. and global agriculture. The macroeconomic projections describe the long-term, 10-year scenario that is used as a benchmark for analyzing the impacts of alternative scenarios and macroeconomic shocks.

Explore the International Macroeconomic Data Set 2015 for annual growth rates, consumer price indices, real GDP per capita, exchange rates, and more. Get detailed projections and forecasts for countries worldwide.

Annual growth rates, Consumer price indices (CPI), Real GDP per capita, Real exchange rates, Population, GDP deflator, Real gross domestic product (GDP), Real GDP shares, GDP, projections, Forecast, Real Estate, Per capita, Deflator, share, Exchange Rates, CPI

Afghanistan, Albania, Algeria, Angola, Antigua and Barbuda, Argentina, Armenia, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Côte d'Ivoire, Cabo Verde, Cambodia, Cameroon, Canada, Central African Republic, Chad, Chile, China, Colombia, Congo, Costa Rica, Croatia, Cuba, Cyprus, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Eswatini, Ethiopia, Fiji, Finland, France, Gabon, Gambia, Georgia, Germany, Ghana, Greece, Grenada, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Lithuania, Luxembourg, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Mauritania, Mauritius, Mexico, Moldova, Mongolia, Morocco, Mozambique, Myanmar, Namibia, Nepal, Netherlands, New Zealand, Nicaragua, Niger, Nigeria, Norway, Oman, Pakistan, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Rwanda, Samoa, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, Spain, Sri Lanka, Sudan, Suriname, Sweden, Switzerland, Syria, Tajikistan, Tanzania, Thailand, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Uganda, Ukraine, United Arab Emirates, United Kingdom, Uruguay, Uzbekistan, Vanuatu, Venezuela, Vietnam, Yemen, Zambia, Zimbabwe, WORLD Follow data.kapsarc.org for timely data to advance energy economics research. Notes:

Developed countries/1 Australia, New Zealand, Japan, Other Western Europe, European Union 27, North America

Developed countries less USA/2 Australia, New Zealand, Japan, Other Western Europe, European Union 27, Canada

Developing countries/3 Africa, Middle East, Other Oceania, Asia less Japan, Latin America;

Low-income developing countries/4 Haiti, Afghanistan, Nepal, Benin, Burkina Faso, Burundi, Central African Republic, Chad, Democratic Republic of Congo, Eritrea, Ethiopia, Gambia, Guinea, Guinea-Bissau, Liberia, Madagascar, Malawi, Mali, Mozambique, Niger, Rwanda, Senegal, Sierra Leone, Somalia, Tanzania, Togo, Uganda, Zimbabwe;

Emerging markets/5 Mexico, Brazil, Chile, Czech Republic, Hungary, Poland, Slovakia, Russia, China, India, Korea, Taiwan, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Singapore

BRIICs/5 Brazil, Russia, India, Indonesia, China; Former Centrally Planned Economies

Former centrally planned economies/7 Cyprus, Malta, Recently acceded countries, Other Central Europe, Former Soviet Union

USMCA/8 Canada, Mexico, United States

Europe and Central Asia/9 Europe, Former Soviet Union

Middle East and North Africa/10 Middle East and North Africa

Other Southeast Asia outlook/11 Malaysia, Philippines, Thailand, Vietnam

Other South America outlook/12 Chile, Colombia, Peru, Bolivia, Paraguay, Uruguay

Indicator Source

Real gross domestic product (GDP) World Bank World Development Indicators, IHS Global Insight, Oxford Economics Forecasting, as well as estimated and projected values developed by the Economic Research Service all converted to a 2015 base year.

Real GDP per capita U.S. Department of Agriculture, Economic Research Service, Macroeconomic Data Set, GDP table and Population table.

GDP deflator World Bank World Development Indicators, IHS Global Insight, Oxford Economics Forecasting, as well as estimated and projected values developed by the Economic Research Service, all converted to a 2015 base year.

Real GDP shares U.S. Department of Agriculture, Economic Research Service, Macroeconomic Data Set, GDP table.

Real exchange rates U.S. Department of Agriculture, Economic Research Service, Macroeconomic Data Set, CPI table, and Nominal XR and Trade Weights tables developed by the Economic Research Service.

Consumer price indices (CPI) International Financial Statistics International Monetary Fund, IHS Global Insight, Oxford Economics Forecasting, as well as estimated and projected values developed by the Economic Research Service, all converted to a 2015 base year.

Population Department of Commerce, Bureau of the Census, U.S. Department of Agriculture, Economic Research Service, International Data Base.

United States GDP: PPP: 2021 Price data was reported at 25,674,728.990 Intl $ mn in 2024. This records an increase from the previous number of 24,977,117.772 Intl $ mn for 2023. United States GDP: PPP: 2021 Price data is updated yearly, averaging 18,467,460.193 Intl $ mn from Dec 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 25,674,728.990 Intl $ mn in 2024 and a record low of 11,065,901.510 Intl $ mn in 1991. United States GDP: PPP: 2021 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. This indicator provides values for gross domestic product (GDP) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.;International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/databrowser/explore/all/all_themes, publisher: Eurostat; The OECD PPP Programme, Organisation for Economic Co-operation and Development (OECD), uri: https://data-explorer.oecd.org/, publisher: OECD; Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF);Gap-filled total;

Explore annual GDP growth rates for various countries with this dataset. Analyze trends and patterns related to GDP growth to make informed decisions. Click here for more information!

GDP growth (annual %), GDP, Growth Rates

Kenya, Spain, Syrian Arab Republic, Bosnia and Herzegovina, El Salvador, Italy, Sint Maarten (Dutch part), Comoros, Kosovo, Argentina, Bulgaria, Guinea-Bissau, Slovenia, Guinea, Belize, Low income, Lower middle income, New Caledonia, St. Kitts and Nevis, Benin, World, Kyrgyz Republic, United Arab Emirates, Ethiopia, Burundi, Korea, Rep., Low & middle income, Euro area, Libya, Luxembourg, Namibia, Kiribati, India, Burkina Faso, East Asia & Pacific (excluding high income), Tajikistan, Lao PDR, Equatorial Guinea, Niger, Liechtenstein, Palau, Hong Kong SAR, China, Switzerland, Tonga, Qatar, Turkiye, Middle East & North Africa (excluding high income), Indonesia, Iraq, Fiji, Central Europe and the Baltics, Isle of Man, Costa Rica, Finland, Small states, Singapore, Slovak Republic, Netherlands, Turks and Caicos Islands, Europe & Central Asia (IDA & IBRD countries), Japan, Bhutan, Belgium, Australia, Denmark, Heavily indebted poor countries (HIPC), Middle East & North Africa (IDA & IBRD countries), Uzbekistan, Pacific island small states, Mongolia, Gabon, St. Vincent and the Grenadines, Ukraine, Venezuela, RB, Latvia, Macao SAR, China, Vietnam, Arab World, Myanmar, Latin America & Caribbean (excluding high income), Haiti, Micronesia, Fed. Sts., Nicaragua, Panama, San Marino, Gambia, The, Guatemala, IDA & IBRD total, Azerbaijan, Chad, Zimbabwe, Mali, Bolivia, Grenada, Mexico, East Asia & Pacific (IDA & IBRD countries), Timor-Leste, Dominica, Peru, Malawi, Trinidad and Tobago, Nauru, Monaco, Tuvalu, Egypt, Arab Rep., Virgin Islands (U.S.), Sao Tome and Principe, Cabo Verde, IDA only, Mozambique, Oman, Yemen, Rep., Albania, New Zealand, Latin America & Caribbean, Rwanda, Cameroon, Lesotho, Solomon Islands, Germany, Bangladesh, Papua New Guinea, Maldives, Moldova, Antigua and Barbuda, Congo, Dem. Rep., Romania, Portugal, Africa Western and Central, Mauritius, France, Uruguay, Tanzania, Colombia, South Asia (IDA & IBRD), Honduras, South Sudan, Sudan, Cuba, Least developed countries: UN classification, South Asia, Tunisia, Guyana, Nepal, Barbados, Brunei Darussalam, United States, Canada, Lebanon, Africa Eastern and Southern, Sub-Saharan Africa (excluding high income), Angola, Bahamas, The, Fragile and conflict affected situations, Malta, Middle East & North Africa, Turkmenistan, Cote d'Ivoire, Northern Mariana Islands, Thailand, Seychelles, North Macedonia, Afghanistan, Russian Federation, IBRD only, Iran, Islamic Rep., Malaysia, Djibouti, Europe & Central Asia (excluding high income), Norway, Dominican Republic, French Polynesia, Jordan, Nigeria, Lithuania, Estonia, Eswatini, Vanuatu, Late-demographic dividend, St. Lucia, Cambodia, Curacao, Kuwait, Belarus, American Samoa, Bahrain, Somalia, Pre-demographic dividend, Ghana, Sierra Leone, Jamaica, Ecuador, European Union, Post-demographic dividend, Brazil, Central African Republic, Chile, Puerto Rico, Pakistan, Uganda, United Kingdom, IDA total, Marshall Islands, Czechia, Channel Islands, Poland, Togo, Latin America & the Caribbean (IDA & IBRD countries), Sweden, Iceland, Armenia, Georgia, Montenegro, Europe & Central Asia, Hungary, IDA blend, Sub-Saharan Africa (IDA & IBRD countries), Paraguay, Zambia, Andorra, OECD members, Bermuda, Early-demographic dividend, Croatia, Upper middle income, Algeria, Samoa, Eritrea, Suriname, Mauritania, Guam, China, Sri Lanka, Congo, Rep., Liberia, Greece, Botswana, East Asia & Pacific, West Bank and Gaza, Philippines, Cayman Islands, Saudi Arabia, South Africa, High income, Serbia, Caribbean small states, Greenland, Cyprus, Aruba, Ireland, Israel, Kazakhstan, Morocco, Madagascar, Other small states, Sub-Saharan Africa, Senegal, Middle income, Austria, North America Follow data.kapsarc.org for timely data to advance energy economics research.

This table presents Gross Domestic Product (GDP) and its components according to the expenditure approach. In the expenditure approach, the main 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). 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 both purchasing power parities and exchange rates.

In this table, the presentation of GDP and its components is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. The default view shows all transactions (GDP and components) for the selected area, but it is possible to select specific components and sub-components of GDP using the ‘Transaction’ filter. The sector to which the selected transactions relate will be shown in the 'Institutional sector' filter, and further options (if applicable) will be shown under the ‘Financial instruments and non-financial assets’ filter. 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.

We are working on an issue with rows that appear empty but are in fact not applicable.

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 international investment position (IIP) is a statistical statement that shows at a point in time the value and composition of: -financial assets of residents of an economy that are claims on non-residents and gold bullion held as reserve assets, and -liabilities of residents of an economy to non-residents. The difference between an economy’s external financial assets and liabilities is the economy’s net IIP, which may be positive or negative. Respectively the net international investment position (NIIP) provides an aggregate view of the net financial position (assets minus liabilities) of a country vis-à-vis the rest of the world. It allows for a stock-flow analysis of external position of the country. The indicator is expressed in percent of GDP. The indicator is based on the Eurostat data from the Balance of payment statistics, i.e. the same data source used for the current account balance. Definitions are based on the IMF Sixth Balance of Payments Manual (BPM6). Copyright notice and free re-use of data on: https://ec.europa.eu/eurostat/about-us/policies/copyright