Annual growth rate of real GDP per capita in Southern Europe
Southern Europe: Annual growth rate of real GDP per capita was 2.2% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Southern Europe, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth rate of real gdp per capita in Southern Europe is 2.2%, measured in 2024.
Compared with earlier readings it is up 4.8% on the previous year and up 144.4% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Southern Europe peaked at 8.3% in 2021 and was at its lowest, -9.2%, in 2020.
Southern Europe ranks 14th of 37 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita in Southern Europe, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.1% | — |
| 2001 | 2.5% | -39.0% |
| 2002 | 1.0% | -60.0% |
| 2003 | 0.6% | -40.0% |
| 2004 | 1.6% | +166.7% |
| 2005 | 1.1% | -31.2% |
| 2006 | 2.3% | +109.1% |
| 2007 | 1.8% | -21.7% |
| 2008 | -0.8% | -144.4% |
| 2009 | -5.0% | +525.0% |
| 2010 | 0.4% | -108.0% |
| 2011 | -0.6% | -250.0% |
| 2012 | -3.3% | +450.0% |
| 2013 | -1.3% | -60.6% |
| 2014 | 0.9% | -169.2% |
| 2015 | 2.3% | +155.6% |
| 2016 | 2.1% | -8.7% |
| 2017 | 2.4% | +14.3% |
| 2018 | 1.8% | -25.0% |
| 2019 | 1.3% | -27.8% |
| 2020 | -9.2% | -807.7% |
| 2021 | 8.3% | -190.2% |
| 2022 | 5.6% | -32.5% |
| 2023 | 2.1% | -62.5% |
| 2024 | 2.2% | +4.8% |
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita in Southern Europe changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -807.7% | 1.3% | -9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9% | -5.0% | 4.1% | 10 |
| 2010s | 0.6% | -3.3% | 2.4% | 10 |
| 2020s | 1.8% | -9.2% | 8.3% | 5 |
Countries ranked near Southern Europe
More economy & growth data for Southern Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 7.33 million (2027)
- Gross Domestic Product — Value US$ 5.03 million million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 890,910 million USD (2024)
- Gross Domestic Product — Value US$ per capita 33,234 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 27,640 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 4.18 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 4.81 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 5.14 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 3.1 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.32 % (2024)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Southern Europe?
- Annual growth rate of real gdp per capita in Southern Europe was 2.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Southern Europe?
- The highest recorded value was 8.3% in 2021.
- What is the lowest annual growth rate of real gdp per capita recorded in Southern Europe?
- The lowest recorded value was -9.2% in 2020.
- How does Southern Europe rank for annual growth rate of real gdp per capita?
- Southern Europe ranks 14th out of 37 groups with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Southern Europe?
- Over the last ten years it is up 144.4%. The long-run trend across the full record is volatile.
- Where does this Southern Europe data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).