Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in European Union (27 countries)
European Union (27 countries): Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP was 1.7 Percent per annum in 2028. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in European Union (27 countries), 1992–2028
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
The most recent figure for africa's development dynamics (afdd) table 04 - annual real gdp in European Union (27 countries) is 1.7 Percent per annum, measured in 2028.
The figure is down 2.1% on the previous year and down 21.4% over ten years.
Over the whole period, africa's development dynamics (afdd) table 04 - annual real gdp in European Union (27 countries) peaked at 6.15 Percent per annum in 2021 and was at its lowest, -5.6 Percent per annum, in 2020.
European Union (27 countries) ranks 36th of 46 regions on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in European Union (27 countries), year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1992 | 0.742 Percent per annum | — |
| 1993 | -0.8713 Percent per annum | -217.4% |
| 1994 | 2.44 Percent per annum | -380.3% |
| 1995 | 2.67 Percent per annum | +9.4% |
| 1996 | 1.91 Percent per annum | -28.3% |
| 1997 | 2.51 Percent per annum | +31.0% |
| 1998 | 2.85 Percent per annum | +13.6% |
| 1999 | 2.79 Percent per annum | -2.3% |
| 2000 | 3.71 Percent per annum | +33.3% |
| 2001 | 2.09 Percent per annum | -43.8% |
| 2002 | 1.05 Percent per annum | -49.9% |
| 2003 | 0.8307 Percent per annum | -20.5% |
| 2004 | 2.47 Percent per annum | +197.3% |
| 2005 | 1.78 Percent per annum | -28.0% |
| 2006 | 3.36 Percent per annum | +89.1% |
| 2007 | 2.98 Percent per annum | -11.3% |
| 2008 | 0.5337 Percent per annum | -82.1% |
| 2009 | -4.5 Percent per annum | -942.5% |
| 2010 | 1.86 Percent per annum | -141.4% |
| 2011 | 1.75 Percent per annum | -6.0% |
| 2012 | -0.8126 Percent per annum | -146.5% |
| 2013 | -0.1788 Percent per annum | -78.0% |
| 2014 | 1.62 Percent per annum | -1006.5% |
| 2015 | 2.41 Percent per annum | +48.5% |
| 2016 | 1.92 Percent per annum | -20.2% |
| 2017 | 2.9 Percent per annum | +50.8% |
| 2018 | 2.16 Percent per annum | -25.5% |
| 2019 | 1.81 Percent per annum | -16.1% |
| 2020 | -5.6 Percent per annum | -409.4% |
| 2021 | 6.15 Percent per annum | -209.8% |
| 2022 | 3.11 Percent per annum | -49.4% |
| 2023 | 0.1955 Percent per annum | -93.7% |
| 2024 | 1.42 Percent per annum | +626.5% |
| 2025 | 2.02 Percent per annum | +41.9% |
| 2026 | 1.91 Percent per annum | -5.2% |
| 2027 | 1.73 Percent per annum | -9.2% |
| 2028 | 1.7 Percent per annum | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.88 Percent per annum | -0.8713 Percent per annum | 2.85 Percent per annum | 8 |
| 2000s | 1.43 Percent per annum | -4.5 Percent per annum | 3.71 Percent per annum | 10 |
| 2010s | 1.54 Percent per annum | -0.8126 Percent per annum | 2.9 Percent per annum | 10 |
| 2020s | 1.4 Percent per annum | -5.6 Percent per annum | 6.15 Percent per annum | 9 |
Countries ranked near European Union (27 countries)
- 33 China 3.46 Percent per annum compare
- 34 Benin 3.42 Percent per annum compare
- 35 Lao People's Democratic Republic 3.39 Percent per annum compare
- 36 Yemen 3.38 Percent per annum compare
- 37 Guinea 3.36 Percent per annum compare
- 38 Malta 3.35 Percent per annum compare
- 39 Mauritius 3.31 Percent per annum compare
- 39 Timor-Leste 1.67 Percent per annum compare
More economy & growth data for European Union (27 countries)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.59 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 47.78 Percentage of GDP (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 14.34 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 3.61 million US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 49.19 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 53.89 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 203.64 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 18.72 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 3.02 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 0.0453 Percentage of GDP (2019)
Frequently asked questions
- What is africa's development dynamics (afdd) table 04 - annual real gdp in European Union (27 countries)?
- Africa's development dynamics (afdd) table 04 - annual real gdp in European Union (27 countries) was 1.7 Percent per annum in 2028, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 04 - annual real gdp recorded in European Union (27 countries)?
- The highest recorded value was 6.15 Percent per annum in 2021.
- What is the lowest africa's development dynamics (afdd) table 04 - annual real gdp recorded in European Union (27 countries)?
- The lowest recorded value was -5.6 Percent per annum in 2020.
- How does European Union (27 countries) rank for africa's development dynamics (afdd) table 04 - annual real gdp?
- European Union (27 countries) ranks 36th out of 46 regions with data for 2028.
- Is africa's development dynamics (afdd) table 04 - annual real gdp rising or falling in European Union (27 countries)?
- Over the last ten years it is down 21.4%. The long-run trend across the full record is volatile.
- Where does this European Union (27 countries) data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP growth per capita — Growth rate of real gross domestic product per capita. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 4 shows the full time series of annual real GDP growth per capta, up to present, and including projected real GDP growth rates over the next five years calculated using the real GDP growth and population growth figures reported in the AfDD Statistical Annex.