Adjusted net national income in European Union
European Union: Adjusted net national income was 12.00 trillion constant 2015 US$ in 2021. ▲ Rising
Latest (2021)
12.00 trillion constant 2015 US$
Change on year
up 5.6%
Rank
1st
of 2 groups
All-time high
12.20 trillion constant 2015 US$
in 2019
All-time low
4.55 trillion constant 2015 US$
in 1970
Years of data
52
1970–2021
Adjusted net national income in European Union, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in constant 2015 US$.
Analysis
European Union recorded 12.00 trillion constant 2015 US$ for adjusted net national income in 2021.
That represents a change of up 5.6% on the previous year and up 11.9% over ten years.
Over the whole period, adjusted net national income in European Union peaked at 12.20 trillion constant 2015 US$ in 2019 and was at its lowest, 4.55 trillion constant 2015 US$, in 1970.
The long-run direction has been consistently rising across the 52 years of available data.
Adjusted net national income in European Union, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 4.55 trillion constant 2015 US$ | — |
| 1971 | 4.70 trillion constant 2015 US$ | +3.4% |
| 1972 | 4.92 trillion constant 2015 US$ | +4.7% |
| 1973 | 5.19 trillion constant 2015 US$ | +5.5% |
| 1974 | 5.21 trillion constant 2015 US$ | +0.3% |
| 1975 | 5.18 trillion constant 2015 US$ | -0.5% |
| 1976 | 5.41 trillion constant 2015 US$ | +4.5% |
| 1977 | 5.55 trillion constant 2015 US$ | +2.5% |
| 1978 | 5.77 trillion constant 2015 US$ | +4.0% |
| 1979 | 5.96 trillion constant 2015 US$ | +3.2% |
| 1980 | 5.94 trillion constant 2015 US$ | -0.2% |
| 1981 | 5.86 trillion constant 2015 US$ | -1.4% |
| 1982 | 5.90 trillion constant 2015 US$ | +0.7% |
| 1983 | 6.01 trillion constant 2015 US$ | +1.8% |
| 1984 | 6.16 trillion constant 2015 US$ | +2.4% |
| 1985 | 6.31 trillion constant 2015 US$ | +2.6% |
| 1986 | 6.64 trillion constant 2015 US$ | +5.3% |
| 1987 | 6.84 trillion constant 2015 US$ | +3.0% |
| 1988 | 7.14 trillion constant 2015 US$ | +4.4% |
| 1989 | 7.40 trillion constant 2015 US$ | +3.6% |
| 1990 | 7.66 trillion constant 2015 US$ | +3.5% |
| 1991 | 7.81 trillion constant 2015 US$ | +1.9% |
| 1992 | 7.91 trillion constant 2015 US$ | +1.3% |
| 1993 | 7.83 trillion constant 2015 US$ | -1.0% |
| 1994 | 8.04 trillion constant 2015 US$ | +2.7% |
| 1995 | 8.27 trillion constant 2015 US$ | +2.8% |
| 1996 | 8.42 trillion constant 2015 US$ | +1.9% |
| 1997 | 8.66 trillion constant 2015 US$ | +2.8% |
| 1998 | 8.96 trillion constant 2015 US$ | +3.5% |
| 1999 | 9.23 trillion constant 2015 US$ | +3.0% |
| 2000 | 9.47 trillion constant 2015 US$ | +2.5% |
| 2001 | 9.65 trillion constant 2015 US$ | +1.9% |
| 2002 | 9.73 trillion constant 2015 US$ | +0.8% |
| 2003 | 9.83 trillion constant 2015 US$ | +1.0% |
| 2004 | 10.10 trillion constant 2015 US$ | +2.8% |
| 2005 | 10.27 trillion constant 2015 US$ | +1.7% |
| 2006 | 10.62 trillion constant 2015 US$ | +3.4% |
| 2007 | 10.93 trillion constant 2015 US$ | +3.0% |
| 2008 | 10.84 trillion constant 2015 US$ | -0.8% |
| 2009 | 10.42 trillion constant 2015 US$ | -3.9% |
| 2010 | 10.61 trillion constant 2015 US$ | +1.8% |
| 2011 | 10.72 trillion constant 2015 US$ | +1.1% |
| 2012 | 10.61 trillion constant 2015 US$ | -1.0% |
| 2013 | 10.65 trillion constant 2015 US$ | +0.3% |
| 2014 | 10.86 trillion constant 2015 US$ | +2.0% |
| 2015 | 11.16 trillion constant 2015 US$ | +2.8% |
| 2016 | 11.46 trillion constant 2015 US$ | +2.7% |
| 2017 | 11.76 trillion constant 2015 US$ | +2.6% |
| 2018 | 12.00 trillion constant 2015 US$ | +2.0% |
| 2019 | 12.20 trillion constant 2015 US$ | +1.7% |
| 2020 | 11.37 trillion constant 2015 US$ | -6.8% |
| 2021 | 12.00 trillion constant 2015 US$ | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.25 trillion constant 2015 US$ | 4.55 trillion constant 2015 US$ | 5.96 trillion constant 2015 US$ | 10 |
| 1980s | 6.42 trillion constant 2015 US$ | 5.86 trillion constant 2015 US$ | 7.40 trillion constant 2015 US$ | 10 |
| 1990s | 8.28 trillion constant 2015 US$ | 7.66 trillion constant 2015 US$ | 9.23 trillion constant 2015 US$ | 10 |
| 2000s | 10.19 trillion constant 2015 US$ | 9.47 trillion constant 2015 US$ | 10.93 trillion constant 2015 US$ | 10 |
| 2010s | 11.21 trillion constant 2015 US$ | 10.61 trillion constant 2015 US$ | 12.20 trillion constant 2015 US$ | 10 |
| 2020s | 11.69 trillion constant 2015 US$ | 11.37 trillion constant 2015 US$ | 12.00 trillion constant 2015 US$ | 2 |
Countries ranked near European Union
More economy & growth data for European Union
- Services, value added (constant 2015 US$), annual growth rate 1.26 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 2.21 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1602 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 7,541 constant 2015 US$ per person (2025)
- Services, value added (current US$), annual growth rate 8.74 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6589 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 31,026 current US$ per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.48 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5032 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 23,693 constant 2015 US$ per person (2025)
Frequently asked questions
- What is adjusted net national income in European Union?
- Adjusted net national income in European Union was 12.00 trillion constant 2015 US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted net national income recorded in European Union?
- The highest recorded value was 12.20 trillion constant 2015 US$ in 2019.
- What is the lowest adjusted net national income recorded in European Union?
- The lowest recorded value was 4.55 trillion constant 2015 US$ in 1970.
- How does European Union rank for adjusted net national income?
- European Union ranks 1st out of 2 groups with data for 2021.
- Is adjusted net national income rising or falling in European Union?
- Over the last ten years it is up 11.9%. The long-run trend across the full record is rising.
- Where does this European Union data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net national income (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.