The Gross Domestic Product (GDP) In the Euro Area was worth 13335.84 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Euro Area represents 11.06 percent of the world economy.

GDP in the Euro Area averaged 5794.61 USD Billion from 1960 until 2019, reaching an all time high of 14098.98 USD Billion in 2008 and a record low of 244.90 USD Billion in 1960. This page provides the latest reported value for - Euro Area GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area GDP - values, historical data and charts - was last updated on July of 2020. source: World Bank

GDP in Euro Area is expected to reach 11800.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area GDP is projected to trend around 12700.00 USD Billion in 2021 and 13400.00 USD Billion in 2022, according to our econometric models.

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Euro Area GDP

Actual Previous Highest Lowest Dates Unit Frequency
13335.84 13662.05 14098.98 244.90 1960 - 2019 USD Billion Yearly
Current USD

Euro Area GDP Last Previous Highest Lowest Unit
GDP Growth Rate -3.60 0.10 1.30 -3.60 percent [+]
GDP Annual Growth Rate -3.10 1.00 5.00 -5.70 percent [+]
GDP 13335.84 13662.05 14098.98 244.90 USD Billion [+]
GDP Constant Prices 2742.42 2844.44 2844.44 1879.72 EUR Billion [+]
Gross Fixed Capital Formation 600.29 627.04 628.16 400.38 EUR Billion [+]
GDP per capita 41387.60 40954.00 41387.60 10732.40 USD [+]
GDP per capita PPP 47037.10 46539.70 47037.10 32778.60 USD [+]

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