The Gross Domestic Product (GDP) in European Union expanded 1.60 percent in the second quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in European Union averaged 1.65 percent from 1996 until 2025, reaching an all time high of 14.70 percent in the second quarter of 2021 and a record low of -13.10 percent in the second quarter of 2020. source: EUROSTAT

GDP Annual Growth Rate in European Union is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union GDP Annual Growth Rate is projected to trend around 1.80 percent in 2026 and 1.70 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 1.00 0.40 percent Dec 2024
GDP Annual Growth Rate 1.60 1.70 percent Jun 2025
GDP Constant Prices 3583.01 3575.14 EUR Billion Jun 2025
GDP Growth Annualized 0.70 2.00 percent Jun 2025
GDP Growth Rate 0.20 0.50 percent Jun 2025
Gross Fixed Capital Formation 745.30 758.42 EUR Billion Jun 2025



European Union GDP Annual Growth Rate
Among EU Member States, the biggest economies are Germany, France, Italy and Spain. On the expenditure side, household consumption is the main component of GDP and accounts for 56 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (20 percent). Exports of goods and services account for 46 percent of GDP while imports account for 42 percent, adding 4 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.70 14.70 -13.10 1996 - 2025 percent Quarterly
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