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Euro Area Real GDP

Euro Area's real GDP rose to $13.39 trillion in 2024, up from $13.28 trillion in 2023, according to World Bank. This represents an increase of 0.9% ($114.64 billion) from the previous year and accounts for 13.85% of the world's total real 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 Real GDP (Trillion USD)
2024 13.39
2023 13.28
2022 13.22
2021 12.77
2020 12.01
2019 12.78
2018 12.58
2017 12.36
2016 12.04
2015 11.83
2014 11.58
2013 11.41
2012 11.43
2011 11.54
2010 11.34
2009 11.1
2008 11.62
2007 11.58
2006 11.24
2005 10.88
2004 10.69
2003 10.45
2002 10.37
2001 10.27
2000 10.05
1999 9.67
1998 9.39
1997 9.12
1996 8.87
1995 8.72
1994 8.51
1993 8.3
1992 8.36
1991 8.26
1990 8.07
1989 7.79
1988 7.49
1987 7.18
1986 7
1985 6.83
1984 6.67
1983 6.52
1982 6.43
1981 6.38
1980 6.35
1979 6.21
1978 5.98
1977 5.8
1976 5.62
1975 5.36
1974 5.4
1973 5.23
1972 4.92
1971 4.69
1970 4.52
1969 4.28
1968 4
1967 3.78
1966 3.66
1965 3.5
1964 3.33
1963 3.15
1962 3
1961 2.84
1960 2.69
Euro Area Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in Euro Area, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $16.41T $15.79T 2024
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