With a Gross Domestic Product of over 4.3 trillion Euros, the German economy was by far the largest in Europe in 2024. The similarly sized economies of the United Kingdom and France were the second and third largest economies in Europe during this year, followed by Italy and Spain. The smallest economy in this statistic is that of the small Balkan nation of Montenegro, which had a GDP of 7.4 billion Euros. In this year, the combined GDP of the 27 member states that compose the European Union amounted to approximately 17.95 trillion Euros. The big five Germany’s economy has consistently had the largest economy in Europe since 1980, even before the reunification of West and East Germany. The United Kingdom, by contrast, has had mixed fortunes during the same period and had a smaller economy than Italy in the late 1980s. The UK also suffered more than the other major economies during the recession of the late 2000s, meaning the French economy was the second largest on the continent for some time afterward. The Spanish economy was continually the fifth-largest in Europe in this 38-year period, and from 2004 onwards, has been worth more than one trillion Euros. The smallest GDP, the highest economic growth in Europe Despite having the smallerst GDP of Europe, Montenegro emerged as the fastest growing economy in the continent, achieving an impressive annual growth rate of 4.5 percent, surpassing Turkey's growth rate of 4 percent. Overall,this Balkan nation has shown a remarkable economic recovery since the 2010 financial crisis, with its GDP projected to grow by 28.71 percent between 2024 and 2029. Contributing to this positive trend are successful tourism seasons in recent years, along with increased private consumption and rising imports. Europe's economic stagnation Malta, Albania, Iceland, and Croatia were among the countries reporting some of the highest growth rates this year. However, Europe's overall performance reflected a general slowdown in growth compared to the trend seen in 2021, during the post-pandemic recovery. Estonia experienced the sharpest negative growth in 2023, with its economy shrinking by 2.3% compared to 2022, primarily due to the negative impact of sanctions placed on its large neighbor, Russia. Other nations, including Sweden, Germany, and Finland, also recorded slight negative growth.

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In the 16 years leading up to the First World War, the growth of GDP per capita varied across Europe, from growth rates of just six percent in the Netherlands, to 37 percent in Denmark. Of the major powers, France and Germany experienced the largest growth in this period, at 32 percent growth each, while Britain's growth was roughly half of this. It is important to remember, that the GDP per capita, along with economic development and industrialization, varied across Europe in this time period. For these reasons, Central and Eastern Europe had a higher overall GDP per capita growth rate than Western Europe, although Western Europe was much more advanced due to where its economy was in 1897.

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.

On the eve of the First World War in 1913, the United Kingdom was the only major Western European economy with productivity rates similar to the United States, although U.S. GDP per hour worked was still 14 percent higher. Across Western Europe, average productivity was below 60 percent of the U.S.' rate in 1914. By the end of the Second World War's recovery period in 1950, the U.S. had actually widened this gap, as it did not experience the same level of destruction that was felt across most of Western Europe, and economic output was not affected in this way. By the end of the century however, the economies of Western Europe had largely caught up with the U.S. in terms of productivity, with France even exceeding the U.S.' rate by two percent. Of the major economies in Western Europe, the United Kingdom went from having the highest productivity rates in 1913 and 1950, to having the lowest in the 1990s.

The Gross Domestic Product (GDP) in European Union expanded 1.50 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - European Union GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This dataset provides values for GDP ANNUAL GROWTH RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This table contents information of the Regional accounts. Regional accounts give a description of the economic process in the regions of a country in conformity with the national accounts. Elements in the economic process distinguished in national accounts are production, distribution of income, spending and financing. Regional accounts focus on the description of the production processes in the various regions. The new Standard industrial classification 2008 (SIC 2008) is used in the National and Regional Accounts of the Netherlands. This code is based on the European classification Nomenclature générale des Activités économiques dans la Communauté Européenne (NACE Rev. 2) which is used in all Member States of the European Union.

Data available from: 1996 up to and including 2017.

Status of the figures: Data from 1996 up to and including 2015 are final. Data of 2016 and 2017 are provicional. Since this table has been discontinued, data of 2016 and 2017 will not become final.

Changes as of November 23rd, 2018: None. This table has been discontinued. Statistics Netherlands has carried out a revision of the national accounts. New statistical sources and estimation methods have been used during the revision. Therefore this table has replaced by table Economic growth, GDP and value added by region; national accounts. For further information see section 3.

When will new figures be published? Not applicable anymore.

In 1950, GDP per capita in Western Europe (29 countries) was just 48 percent of GDP per capita in the U.S. The post-war economic boom from 1950 to 1973 was the most prosperous period in Western Europe's history, and GDP per capita more than doubled in this period, reaching 69 percent of the U.S.' rate. Due to several economic crises in Europe in the following decades, growth rates in Western Europe remained relatively stable. Still, they did not reach the same heights as seen during the so-called Golden Age of Capitalism.

In contrast, the U.S. had been harder hit than Western Europe by the economic difficulties of the 1970s and 1980s, but the dissolution of the Soviet Union in 1991 coincided with one of the most successful decades in U.S. history, with the economy thriving in the 1990s. For Western Europe, the fall of communism had a knock-on effect that limited growth in the early 1990s, although GDP per capita compared to the U.S. was fairly similar to 1973's rate (albeit lower) at 66 percent.

This table presents economic growth data (percentage volume changes of gross domestic product) and the contributions to economic growth by expenditure components.

Gross domestic product can be calculated as the sum of final consumptions, gross capital formation and net exports. This expenditure approach allows to estimate the contribution of the various components of final expenditure to the volume change of GDP. For estimating the contribution, final expenditure components have to be adjusted for the incorporated imports. The adjusted final expenditure components sum up to GDP and are the bases of the calculation of the contribution of GDP growth. The attribution of imports to final expenditure components is performed using input-output analysis.

Contributions of final expenditure to GDP are provided in percentage points of GDP growth.

Data available from 2016.

Status of the figures: Data of 2016 and 2017 are final. Data of 2018 are provisional.

Changes as of June 24th 2019: Data of 2018 have been added to this table.

When will new figures be published? Provisional data are published 6 months after the end of the reporting year. Final data are released 18 months after the end of the reporting year.

Across the United States, the United Kingdom, Germany, and the European Union, gross domestic products (GDP) decreased in 2020 as a result of the COVID-19 pandemic. However, by 2021, growth rates were positive in all four areas again. The United Kingdom, Germany, and the European Union all experiencing slow economic growth in 2023 amid high inflation, with Germany even seeing an economic recession. GDP and its components GDP refers to the total market value of all goods and services that are produced within a country per year. It is composed of government spending, consumption, business investments and net exports. It is an important indicator to measure the economic strength of a country. Economists rely on a variety of factors when predicting the future performance of the GDP. Inflation rate is one of the economic indicators providing insight into the future behavior of households, which make up a significant proportion of GDP. Projections are based on the past performance of such information. Future considerations Some factors can be more easily predicted than others. For example, projections of the annual inflation rate of the United States are easy to come by. However, the intensity and impact of something like Brexit is difficult to predict. Moreover, the occurrence and impact of events such as the COVID-19 pandemic and Russia's war in Ukraine is difficult to foresee. Hence, actual GDP growth may be higher or lower than the original estimates.

The current growing interest in the growth of the Western European economies between the end of World War II and the first oil crisis of 1973 is primarily due to the end of the Cold War and the subsequent demand for solutions for the economic problems of Central and Eastern European transition countries. It was and is discussed to what extent we could learn from the successful rebuilding of the Western European economies. In this context one area of special interest is the reconstruction of West Germany, closely accompanied by the principle of the social market economy. The recollection of this principle, and the call for a new Marshall Plan imply the idea that the Western European post-war boom in essence can be traced to a successful economic policy. It is shown how this assumption can stand up to a theoretical and empirical analysis. Using the new growth theory and the cointegration analysis both national (eg social market economy and Planification (i.e. macroeconomic framework development planning)) and international explanations (eg the Marshall Plan) of the so called ‘golden age’ are examined. It turns out that the impact of economic policies on economic growth must be put into perspective. In contrast, the importance of the different economic conditions of the countries for the explication of their growth process is underlined. Variables, inter alia:- Investment behavior of industry- Production and Export industry- Exchange Rates- Structure of the economies Data focus:Foreign trade structure, external value (foreign wholesale prices), export volume, industrial production, capital stock, long-term development (income, investment rates, openness, exchange rates), patents (patent applications in Germany, France). List of tables in the database HISTAT ZA:- Investment rates in four European countries (1880-1995)- Net fixed assets of the industry in Germany (1950-1968)- Sectoral Gross capital expenditures in Germany (1960-1976)- Sectoral Gross investment in France (1949-1965)- Export volume index of France and the Federal Republic of Germany (1950-1973)- Export volume in millions of current U.S. dollars (1951-1990)- Weighted exchange rate index in indirect rate (1950-1973)- Index of industrial production in Europe and North America (1950-1973)- Construction and equipment investment in Germany (1950-1968)- Investment rates in four European countries (1880-1995)- Sectoral gross and net capital stock in France (1950-1970)- Sectoral gross and net capital stock, investment in France (1950-1969)- Percentage of the French colonies in the French total exports (1950-1973)- Openness of four European economies (1880-1994)- Annual patent applications in the United States (1963-1995)- Real per capita income in Europe and the United States (1870-1992)- Regional structure of the French export value (1896-1973)- French sector gross investment (1960-1976)- Exchange rates in four European countries (1891-1995) Territory of investigation:Germany, France, further OECD-states. Sources:Publications of the official French and German statistics, publications of the OECD, USA and further states; scientific journals.

This table presents annual data on the output components, the final expenditure categories and the income components of gross domestic product of the Netherlands. In the national accounts gross domestic product is approached from three points of view: from the output, from the generation of income and from the final expenditure. Gross domestic product is a main macroeconomic indicator. The volume change of gross domestic product is a measure for the economic growth of a country.

Data available from: 1969 up to and including 2016.

Status of the figures: Data from 1969 up to and including 2015 are final. Data of 2016 are provisional. Since this table has been discontinued, data of 2016 will not become final.

Changes as of June 22nd 2018: None. This table has been discontinued. Statistics Netherlands has carried out a revision of the national accounts. New statistical sources and estimation methods have been used during the revision. Therefore this table has been replaced by table Approaches of domestic product (GDP); National Accounts. For further information see section 3.

When will new figures be published? Not applicable anymore.

The European Business Performance database describes the performance of the largest enterprises in the twentieth century. It covers eight countries that together consistently account for above 80 per cent of western European GDP: Great Britain, Germany, France, Belgium, Italy, Spain, Sweden, and Finland. Data have been collected for five benchmark years, namely on the eve of WWI (1913), before the Great Depression (1927), at the extremes of the golden age (1954 and 1972), and in 2000.The database is comprised of two distinct datasets. The Small Sample (625 firms) includes the largest enterprises in each country across all industries (economy-wide). To avoid over-representation of certain countries and sectors, countries contribute a number of firms that is roughly proportionate to the size of the economy: 30 firms from Great Britain, 25 from Germany, 20 from France, 15 from Italy, 10 from Belgium, Spain, and Sweden, and 5 from Finland. By the same token, a cap has been set on the number of financial firms entering the sample, so that they range between up to 6 for Britain and 1 for Finland.The second dataset, or Large Sample (1,167 firms), is made up of the largest firms per industry. Here industries are so selected as to take into account long-term technological developments and the rise of entirely new products and services. Firms have been individually classified using the two-digit ISIC Rev. 3.1 codes, then grouped under a manageable number of industries. To some extent and broadly speaking, the two samples have a rather distinct focus: the Small Sample is biased in favour of sheer bigness, whereas the Large Sample emphasizes industries.As far as size and performance indicators are concerned, total assets has been picked as the main size measure in the first three benchmarks, turnover in 1972 and 2000 (financial intermediaries, though, are ranked by total assets throughout the database). Performance is gauged by means of two financial ratios, namely return on equity and shareholders’ return, i.e. the percentage year-on-year change in share price based on year-end values. In order to smooth out volatility, at each benchmark performance figures have been averaged over three consecutive years (for instance, performance in 1913 reflects average performance in 1911, 1912, and 1913).All figures were collected in national currency and converted to US dollars at current year-average exchange rates.

This bar chart displays GDP (current US$) by continent using the aggregation sum in Western Europe. The data is about countries per year.

This table presents data about the macroeconomic production process. For the industries (economic activities) the output, intermediate consumption, value added and income components are given.

The subjects in this table are the same as the titles of the tables in the chapter output, intermediate consumption and generation of income in the printed edition of the National accounts. The industries are classified according to the Standard industrial classification 2008 (SBI 2008). The sectors are classified according to the European system of national and regional accounts (ESA 1995).

For a number of subjects (transactions) the industry figures does not equal the macroeconomic total because certain parts of transactions cannot be allocated to a specific industry. The following transactions cannot be attributed to individual industries: - goods and services n.e.c. (not elsewhere classified) - difference imputed and paid VAT Transactions not allocated to a specific industry are given under the heading: not by industries.

The above mentioned macroeconomic variables are presented in:

• Value at current prices, mln euro
• Value at prices of 2005, mln euro
• Volume change relative to previous year, %
• Price indices 2005=100

Data available from 1969 to 2012

Status of the figures: The figures concerning 2011,2012 are (revised) provisional. Because this table is discontinued, figures will not be updated anymore.

Changes as of June 25th 2014: None, this table is discontinued.

When will new figures be published? Not applicable anymore. This table is replaced by table GDP, production and expenditures; output and income by activity. See paragraph 3.

This horizontal bar chart displays GDP (current US$) by continent using the aggregation sum in Western Europe. The data is filtered where the date is 2023. The data is about countries per year.

This dataset provides values for GOVERNMENT DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This table shows how total value added has been generated from production and income. It provides figures on the output and income components of total value added at basic prices by economic activities.

Data available from: 1969 up to and including 2016.

Status of the figures: Data from 1969 up to and including 2015 are final. Data of 2016 are provisional. Since this table has been discontinued, data of 2016 will not become final.

Changes as of June 22nd 2018: None. This table has been discontinued. Statistics Netherlands has carried out a revision of the national accounts. New statistical sources and estimation methods have been used during the revision. Therefore this table has been replaced by table Output and income components of GDP; activities, National Accounts. For further information see section 3.

When will new figures be published? Not applicable anymore.

GDP, GDP per capita, consistency with GDP, total value added, taxes, compensation of employees, subsidies, gross operating surplus by region 2001 - 2004 Changed on February 11 2008. Frequency: Discontinued.