One of the ways to count Euro Area GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2023 Euro Area GDP was 15.545 T USD, and the previous year it amounted to 14.224 T USD.
Euro Area GDP accounts for 14.74% of the world GDP.
GDP per capita is gross domestic product divided by a country's population. In 2023 Euro Area GDP per capita was 37.40 K USD, and in 2022 it amounted to 37.45 K USD.
Last quarter Euro Area real GDP amounted to 3.02 T EUR, the quarter before that it was 3.01 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 15.545 T USD.
The lowest ever value Euro Area GDP has reached is 244.83 B USD.