European Union GDP Annual Growth Rate  1996-2017 | Data | Chart | Calendar

The European Union economy expanded 2.1 percent year-on-year in the first quarter of 2017, following a 2 percent advance in the previous period. GDP Annual Growth Rate in European Union averaged 1.72 percent from 1996 until 2017, reaching an all time high of 4.60 percent in the second quarter of 2000 and a record low of -5.40 percent in the first quarter of 2009.

European Union GDP Annual Growth Rate
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European Union GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 2.10 2.00 4.60 -5.40 percent [+]
GDP 16311.90 18573.80 19116.30 358.97 USD Billion [+]
Gross Fixed Capital Formation 740871.70 723968.50 769992.80 507778.80 EUR Million [+]
GDP Constant Prices 3485718.70 3466473.50 3485718.70 2404031.20 EUR Million [+]
GDP Growth Rate 0.60 0.60 1.30 -2.70 percent [+]
GDP Per Capita 35099.89 34432.16 35099.89 10065.65 USD [+]
GDP Per Capita Ppp 35630.30 34925.59 35630.30 24872.05 USD [+]


European Union GDP Annual Growth Rate Notes

Among the Member States, the biggest economies are Germany (21 percent of total EU GDP); the United Kingdom (16 percent); France (15 percent); Italy (12 percent) and Spain (8 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 57 percent of its total use, followed by government expenditure (21 percent) and gross fixed capital formation (19 percent). Exports of goods and services account for 43 percent of GDP while imports account for 40 percent, adding 3 percent of total GDP. This page provides the latest reported value for - European Union GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. European Union GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.00 4.60 -5.40 1996 - 2017 percent Quarterly
SA



gdp annual growth rate by Country

Last
China 6.90 Mar/17
India 6.10 Mar/17
Indonesia 5.01 Mar/17
Turkey 5.00 Mar/17
Netherlands 3.20 Mar/17
Spain 3.00 Mar/17
South Korea 2.90 Mar/17
Mexico 2.80 Mar/17
Canada 2.30 Mar/17
United Kingdom 2.00 Mar/17
United States 2.00 Mar/17
Euro Area 1.90 Mar/17
Australia 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.30 Mar/17
Italy 1.20 Mar/17
France 1.10 Mar/17
Switzerland 1.10 Mar/17
Russia 0.50 Mar/17
Brazil -0.40 Mar/17