Euro Area GDPEuro Area GDPEuro Area GDP

Euro Area GDP

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Key data points

Last release
Next release
Time to release
Forecast
Observation period
2022
Highest
‪14.69 T‬USDDec 31, 2021
Lowest
‪244.83 B‬USDDec 31, 1960

About Euro Area GDP

Category
GDP
Frequency
Annual
Units
USD

Frequently Asked Questions

One of the ways to count Euro Area GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2022 Euro Area GDP was 14.136 T USD, and the previous year it amounted to 14.686 T USD.
Euro Area GDP accounts for 13.95% of the world GDP.
GDP per capita is gross domestic product divided by a country's population. In 2022 Euro Area GDP per capita was ‪37.67 K‬ USD, and in 2021 it amounted to ‪36.59 K‬ USD.
Last quarter Euro Area real GDP amounted to ‪2.96 T‬ EUR, the quarter before that it was ‪2.95 T‬ EUR.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Euro Area GDP has ever reached is 14.686 T USD.
The lowest ever value Euro Area GDP has reached is 244.83 B USD.