Key data points
Last release
—
Observation period
2023
Next release
—
Forecast
—
Highest
15.54 T USD on Dec 31, 2023
Lowest
244.83 B USD on Dec 31, 1960
About Euro Area GDP
Related indicators
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 2023 Euro Area GDP was 15.54 T USD, and the previous year it amounted to 14.22 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 15.54 T USD.
The lowest ever value Euro Area GDP has reached is 244.83 B USD.