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Euro Area GDP Annual Growth Rate

Euro Area's GDP annual growth rate rose to 0.86% in 2024, up from 0.42% in 2023, according to World Bank. This represents an increase of 0.44% from the previous year.

Euro Area's real GDP rose to $13.39 trillion in 2024, up from $13.28 trillion in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 0.86%
2023 0.42%
2022 3.54%
2021 6.36%
2020 -6.05%
2019 1.63%
2018 1.77%
2017 2.6%
2016 1.82%
2015 2.14%
2014 1.45%
2013 -0.17%
2012 -0.92%
2011 1.78%
2010 2.12%
2009 -4.48%
2008 0.42%
2007 3.01%
2006 3.32%
2005 1.77%
2004 2.31%
2003 0.75%
2002 0.95%
2001 2.19%
2000 3.9%
1999 3.01%
1998 3%
1997 2.76%
1996 1.74%
1995 2.47%
1994 2.52%
1993 -0.68%
1992 1.12%
1991 2.36%
1990 3.59%
1989 4.11%
1988 4.32%
1987 2.53%
1986 2.52%
1985 2.3%
1984 2.4%
1983 1.4%
1982 0.69%
1981 0.55%
1980 2.18%
1979 3.9%
1978 3.1%
1977 3.11%
1976 5.04%
1975 -0.81%
1974 3.29%
1973 6.2%
1972 4.9%
1971 3.76%
1970 5.61%
1969 7.13%
1968 5.66%
1967 3.46%
1966 4.4%
1965 5.04%
1964 5.84%
1963 4.89%
1962 5.76%
1961 5.72%
Euro Area GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Euro Area's total economic output.
Indicator Last Value Prior Value Period
GDP $16.41T $15.79T 2024
GDP Growth Rate (QoQ) 0.1% 0.6% Jun'25
GDP Growth Rate (YoY) 1.5% 1.6% Jun'25
GDP per Capita $38,145.12 $37,908.58 2024
GDP per Capita PPP $56,326.23 $55,940.09 2024
R&D Expenditure (% GDP) 2.28% 2.29% 2022
Real GDP $13.39T $13.28T 2024