Euro area - GDP

GDP (current US$)

The latest value for GDP (current US$) in Euro area was $13,021,000,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $14,158,300,000,000 in 2008 and $244,833,000,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $244,833,000,000
1961 $268,965,000,000
1962 $298,819,000,000
1963 $335,342,000,000
1964 $373,024,000,000
1965 $407,740,000,000
1966 $444,883,000,000
1967 $483,419,000,000
1968 $518,992,000,000
1969 $579,333,000,000
1970 $642,618,000,000
1971 $728,351,000,000
1972 $879,866,000,000
1973 $1,142,240,000,000
1974 $1,295,370,000,000
1975 $1,502,000,000,000
1976 $1,567,500,000,000
1977 $1,782,980,000,000
1978 $2,183,340,000,000
1979 $2,644,830,000,000
1980 $2,962,180,000,000
1981 $2,574,370,000,000
1982 $2,492,490,000,000
1983 $2,431,610,000,000
1984 $2,332,400,000,000
1985 $2,396,180,000,000
1986 $3,362,910,000,000
1987 $4,159,430,000,000
1988 $4,574,520,000,000
1989 $4,672,690,000,000
1990 $5,880,690,000,000
1991 $6,114,120,000,000
1992 $6,745,620,000,000
1993 $6,172,470,000,000
1994 $6,515,620,000,000
1995 $7,515,710,000,000
1996 $7,604,600,000,000
1997 $6,952,260,000,000
1998 $7,149,270,000,000
1999 $7,116,180,000,000
2000 $6,495,500,000,000
2001 $6,596,320,000,000
2002 $7,199,930,000,000
2003 $8,862,290,000,000
2004 $10,160,400,000,000
2005 $10,523,500,000,000
2006 $11,184,000,000,000
2007 $12,879,100,000,000
2008 $14,158,300,000,000
2009 $12,938,500,000,000
2010 $12,641,300,000,000
2011 $13,637,400,000,000
2012 $12,638,200,000,000
2013 $13,195,400,000,000
2014 $13,508,900,000,000
2015 $11,674,400,000,000
2016 $11,972,600,000,000
2017 $12,677,500,000,000
2018 $13,698,900,000,000
2019 $13,413,600,000,000
2020 $13,021,000,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Euro area was 11,814,000,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 12,621,000,000,000 in 2019 and 4,473,600,000,000 in 1970.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 4,473,600,000,000
1971 4,642,390,000,000
1972 4,869,460,000,000
1973 5,169,010,000,000
1974 5,335,130,000,000
1975 5,293,890,000,000
1976 5,560,030,000,000
1977 5,731,570,000,000
1978 5,910,590,000,000
1979 6,139,530,000,000
1980 6,272,100,000,000
1981 6,304,950,000,000
1982 6,349,880,000,000
1983 6,438,160,000,000
1984 6,591,290,000,000
1985 6,743,740,000,000
1986 6,912,860,000,000
1987 7,087,990,000,000
1988 7,393,180,000,000
1989 7,696,260,000,000
1990 7,973,580,000,000
1991 8,187,070,000,000
1992 8,303,120,000,000
1993 8,248,170,000,000
1994 8,451,060,000,000
1995 8,655,530,000,000
1996 8,801,770,000,000
1997 9,040,000,000,000
1998 9,314,400,000,000
1999 9,590,440,000,000
2000 9,961,030,000,000
2001 10,179,700,000,000
2002 10,275,300,000,000
2003 10,345,400,000,000
2004 10,582,600,000,000
2005 10,760,400,000,000
2006 11,108,000,000,000
2007 11,441,400,000,000
2008 11,489,200,000,000
2009 10,969,700,000,000
2010 11,208,800,000,000
2011 11,401,400,000,000
2012 11,305,300,000,000
2013 11,280,400,000,000
2014 11,438,500,000,000
2015 11,674,400,000,000
2016 11,892,100,000,000
2017 12,202,900,000,000
2018 12,426,600,000,000
2019 12,621,000,000,000
2020 11,814,000,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Euro area was 16,150,000,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 16,718,400,000,000 in 2019 and 5,290,160,000,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 5,290,160,000,000
1991 5,617,680,000,000
1992 5,826,710,000,000
1993 5,923,860,000,000
1994 6,198,560,000,000
1995 6,482,460,000,000
1996 6,700,330,000,000
1997 6,985,480,000,000
1998 7,334,090,000,000
1999 7,634,420,000,000
2000 8,133,790,000,000
2001 8,545,700,000,000
2002 8,924,380,000,000
2003 9,119,661,000,000
2004 9,528,870,000,000
2005 9,907,230,000,000
2006 10,766,800,000,000
2007 11,449,700,000,000
2008 11,938,700,000,000
2009 11,668,300,000,000
2010 12,025,400,000,000
2011 12,553,200,000,000
2012 12,706,500,000,000
2013 13,150,100,000,000
2014 13,521,500,000,000
2015 13,931,900,000,000
2016 14,822,300,000,000
2017 15,562,800,000,000
2018 16,259,900,000,000
2019 16,718,400,000,000
2020 16,150,000,000,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Euro area was 15,049,500,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 16,099,100,000,000 in 2019 and 10,172,600,000,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 10,172,600,000,000
1991 10,448,600,000,000
1992 10,595,600,000,000
1993 10,522,500,000,000
1994 10,779,700,000,000
1995 11,042,500,000,000
1996 11,232,200,000,000
1997 11,539,400,000,000
1998 11,890,600,000,000
1999 12,239,800,000,000
2000 12,713,800,000,000
2001 12,998,900,000,000
2002 13,128,000,000,000
2003 13,228,400,000,000
2004 13,534,900,000,000
2005 13,768,000,000,000
2006 14,218,700,000,000
2007 14,650,200,000,000
2008 14,711,600,000,000
2009 14,039,200,000,000
2010 14,333,300,000,000
2011 14,561,200,000,000
2012 14,424,700,000,000
2013 14,385,800,000,000
2014 14,586,000,000,000
2015 14,886,900,000,000
2016 15,166,400,000,000
2017 15,562,800,000,000
2018 15,849,400,000,000
2019 16,099,100,000,000
2020 15,049,500,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts