The Euro Area is the second largest economy in the world. Of the 19 states it includes, the biggest are: Germany (29 percent of total GDP), France (21 percent), Italy (16 percent) and Spain (11 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 56 percent of its total use, followed by government expenditure (21 percent) and gross fixed capital formation (20 percent). Net exports of goods and services adds 4 percent to the GDP as exports accounts for 45 percent and imports for -41 percent.
. This page provides - Euro Area GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on February of 2018.