Euro Area GDP Growth RateEuro Area GDP Growth RateEuro Area GDP Growth Rate

Euro Area GDP Growth Rate

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Key data points


Last release
Observation period
Q3 2024
Next release
Forecast
0.40%
Highest
12.10% on Sep 30, 2020
Lowest
−11.30% on Jun 30, 2020

About Euro Area GDP Growth Rate


Category
GDP
Source
Frequency
Quarterly
Units
%
The Euro Area is an economic and monetary union of 19 European countries that adopted the euro as their currency. It is the second largest economy in the world and if it was a country it would be the third most populous with 341 million inhabitants. Germany, France, Italy and Spain are the most important economies accounting respectively for 29 percent, 20 percent, 15 percent and 10 percent of the bloc’s GDP.