The Gross Domestic Product (GDP) in European Union was worth 17277.70 billion US dollars in 2017. The GDP value of European Union represents 27.87 percent of the world economy. GDP in European Union averaged 7421.83 USD Billion from 1960 until 2017, reaching an all time high of 19137.01 USD Billion in 2008 and a record low of 359.03 USD Billion in 1960.

GDP in European Union is expected to be 17900.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union GDP is projected to trend around 18700.00 USD Billion in 2020, according to our econometric models.

European Union GDP
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European Union GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 1.80 2.10 4.50 -5.40 percent [+]
GDP 17277.70 16491.86 19137.01 359.03 USD Billion [+]
Gross Fixed Capital Formation 776966.40 773116.30 776966.40 502960.70 EUR Million [+]
GDP Constant Prices 3629508.50 3618356.70 3629508.50 2401685.30 EUR Million [+]
GDP Growth Rate 0.30 0.50 1.30 -2.60 percent [+]
GDP Per Capita 36593.03 35809.95 36593.03 10056.66 USD [+]
GDP Per Capita Ppp 37204.61 36357.07 37204.61 24875.04 USD [+]


European Union GDP

This page provides the latest reported value for - European Union GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. European Union GDP - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
17277.70 16491.86 19137.01 359.03 1960 - 2017 USD Billion Yearly
Current USD




Country Last Previous
United States 19390.60 Dec/17
Euro Area 12589.50 Dec/17
China 12237.70 Dec/17
Japan 4872.14 Dec/17
Germany 3677.44 Dec/17
United Kingdom 2622.43 Dec/17
India 2597.49 Dec/17
France 2582.50 Dec/17
Brazil 2055.51 Dec/17
Italy 1934.80 Dec/17
Canada 1653.04 Dec/17
Russia 1577.52 Dec/17
South Korea 1530.75 Dec/17
Australia 1323.42 Dec/17
Spain 1311.32 Dec/17
Mexico 1149.92 Dec/17
Indonesia 1015.54 Dec/17
Turkey 851.10 Dec/17
Netherlands 826.20 Dec/17
Saudi Arabia 683.83 Dec/17
Switzerland 678.89 Dec/17
Argentina 637.59 Dec/17
South Africa 349.42 Dec/17
Singapore 323.91 Dec/17


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