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Euro Area GDP

Euro Area's GDP rose to $16.41 trillion in 2024, up from $15.79 trillion in 2023, according to World Bank. This represents an increase of 3.9% ($618.89 billion) from the previous year and accounts for 14.74% of the world's total GDP.

Euro Area's GDP per capita rose to $38,145.12 in 2024, up from $37,908.58 in 2023.

Yearly Historical Data (1960-2024)

(in Trillion USD)
Year GDP (Trillion USD)
2024 16.41
2023 15.79
2022 14.45
2021 14.92
2020 13.27
2019 13.59
2018 13.87
2017 12.84
2016 12.12
2015 11.83
2014 13.68
2013 13.36
2012 12.79
2011 13.81
2010 12.79
2009 13.08
2008 14.3
2007 13
2006 11.29
2005 10.61
2004 10.23
2003 8.92
2002 7.24
2001 6.63
2000 6.53
1999 7.15
1998 7.17
1997 6.98
1996 7.63
1995 7.54
1994 6.53
1993 6.18
1992 6.75
1991 6.13
1990 5.91
1989 4.69
1988 4.59
1987 4.18
1986 3.38
1985 2.4
1984 2.34
1983 2.44
1982 2.5
1981 2.58
1980 2.97
1979 2.66
1978 2.19
1977 1.79
1976 1.57
1975 1.51
1974 1.3
1973 1.15
1972 0.88
1971 0.73
1970 0.65
1969 0.57
1968 0.51
1967 0.47
1966 0.45
1965 0.41
1964 0.38
1963 0.34
1962 0.31
1961 0.28
1960 0.25
Euro Area GDP : Definition
GDP measures the total value of all goods and services produced in Euro Area, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 0.86% 0.42% 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