Europe GDP Annual Growth Rate Ranking (2024)
In 2022, GDP annual growth rate in Europe was highest in San Marino at 7.90%, followed by Malta at 5.97% and Monaco at 5.04%. The average GDP annual growth rate across countries in Europe was 2.09%, the median was 2.10%, and Isle of Man recorded the lowest GDP annual growth rate at -4.17%, according to the World Bank.
Data is available for the period 1961 to 2024 across 47 countries in Europe.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 7.9% | 13.9% | 2022 | |
| 2 | 5.97% | 6.8% | 2024 | |
| 3 | 5.04% | 11.05% | 2023 | |
| 4 | 4.41% | 4.07% | 2024 | |
| 5 | 4.34% | 4.08% | 2024 | |
| 6 | 4.01% | 4.13% | 2024 | |
| 7 | 3.96% | 3.94% | 2024 | |
| 8 | 3.88% | 3.85% | 2024 | |
| 9 | 3.81% | 3.3% | 2024 | |
| 10 | 3.68% | 2.5% | 2024 | |
| 11 | 3.45% | 2.76% | 2024 | |
| 12 | 3.37% | 2.58% | 2024 | |
| 13 | 3.18% | 5.11% | 2024 | |
| 14 | 3.15% | 2.68% | 2024 | |
| 15 | 3.04% | 6.34% | 2024 | |
| 16 | 2.92% | 0.25% | 2024 | |
| 17 | 2.91% | 5.53% | 2024 | |
| 18 | 2.81% | 1.89% | 2024 | |
| 19 | 2.77% | 0.34% | 2024 | |
| 20 | 2.76% | 2.07% | 2024 | |
| 21 | 2.49% | 3.56% | 2023 | |
| 22 | 2.48% | 1.99% | 2024 | |
| 23 | 2.27% | 2.33% | 2024 | |
| 24 | 2.1% | 0.07% | 2024 | |
| 25 | 2.06% | 2.17% | 2024 | |
| 26 | 1.93% | 2.61% | 2024 | |
| 27 | 1.59% | 2.11% | 2024 | |
| 28 | 1.3% | 0.68% | 2024 | |
| 29 | 1.22% | -5.53% | 2024 | |
| 30 | 1.17% | 0.94% | 2024 | |
| 31 | 1.12% | -0.06% | 2024 | |
| 32 | 1.1% | 0.4% | 2024 | |
| 33 | 1.03% | -0.69% | 2024 | |
| 34 | 1.02% | 1.2% | 2024 | |
| 35 | 0.98% | 0.07% | 2024 | |
| 36 | 0.97% | -0.11% | 2024 | |
| 37 | 0.81% | 2.4% | 2024 | |
| 38 | 0.73% | 0.72% | 2024 | |
| 39 | 0.52% | 5.65% | 2024 | |
| 40 | 0.51% | -0.84% | 2024 | |
| 41 | 0.1% | 1.2% | 2024 | |
| 42 | -0.15% | -0.95% | 2024 | |
| 43 | -0.24% | -0.27% | 2024 | |
| 44 | -0.26% | -3.02% | 2024 | |
| 45 | -0.44% | 2.85% | 2024 | |
| 46 | -1.17% | -0.95% | 2024 | |
| 47 | -4.17% | 3.84% | 2022 |
Europe GDP Annual Growth Rate Ranking (2024) : Definition
GDP Annual Growth Rate measures the year-over-year percentage change in real GDP for the full reporting year, expressed as an annual growth rate.