The economy of the European Union expanded by a record 5.3 percent in 2021, following a 5.9% contraction in 2020 which was the biggest decline ever, due to the COVID-19 crisis. source: EUROSTAT
Full Year GDP Growth in European Union averaged 1.58 percent from 1996 until 2021, reaching an all time high of 5.30 percent in 2021 and a record low of -5.90 percent in 2020. This page includes a chart with historical data for European Union Full Year GDP Growth. European Union Full Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.