GDP (constant 2015 US$) in European Union
European Union: GDP (constant 2015 US$) was 15.95 trillion constant 2015 US$ in 2025. ▲ Rising
GDP in European Union, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gdp in European Union is 15.95 trillion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 1.5% on the previous year and up 16.8% over ten years.
Over the whole period, gdp in European Union peaked at 15.95 trillion constant 2015 US$ in 2025 and was at its lowest, 3.08 trillion constant 2015 US$, in 1960.
European Union ranks 16th of 47 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
GDP (constant 2015 US$) in European Union, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 3.08 trillion constant 2015 US$ | — |
| 1961 | 3.25 trillion constant 2015 US$ | +5.8% |
| 1962 | 3.44 trillion constant 2015 US$ | +5.7% |
| 1963 | 3.60 trillion constant 2015 US$ | +4.8% |
| 1964 | 3.82 trillion constant 2015 US$ | +6.0% |
| 1965 | 4.02 trillion constant 2015 US$ | +5.2% |
| 1966 | 4.19 trillion constant 2015 US$ | +4.3% |
| 1967 | 4.34 trillion constant 2015 US$ | +3.5% |
| 1968 | 4.58 trillion constant 2015 US$ | +5.6% |
| 1969 | 4.90 trillion constant 2015 US$ | +7.0% |
| 1970 | 5.17 trillion constant 2015 US$ | +5.5% |
| 1971 | 5.36 trillion constant 2015 US$ | +3.7% |
| 1972 | 5.62 trillion constant 2015 US$ | +4.8% |
| 1973 | 5.96 trillion constant 2015 US$ | +6.0% |
| 1974 | 6.14 trillion constant 2015 US$ | +3.1% |
| 1975 | 6.11 trillion constant 2015 US$ | -0.6% |
| 1976 | 6.40 trillion constant 2015 US$ | +4.9% |
| 1977 | 6.59 trillion constant 2015 US$ | +2.9% |
| 1978 | 6.80 trillion constant 2015 US$ | +3.1% |
| 1979 | 7.06 trillion constant 2015 US$ | +3.9% |
| 1980 | 7.21 trillion constant 2015 US$ | +2.1% |
| 1981 | 7.25 trillion constant 2015 US$ | +0.6% |
| 1982 | 7.31 trillion constant 2015 US$ | +0.8% |
| 1983 | 7.41 trillion constant 2015 US$ | +1.4% |
| 1984 | 7.60 trillion constant 2015 US$ | +2.5% |
| 1985 | 7.77 trillion constant 2015 US$ | +2.3% |
| 1986 | 7.97 trillion constant 2015 US$ | +2.6% |
| 1987 | 8.18 trillion constant 2015 US$ | +2.5% |
| 1988 | 8.52 trillion constant 2015 US$ | +4.1% |
| 1989 | 8.85 trillion constant 2015 US$ | +3.9% |
| 1990 | 9.14 trillion constant 2015 US$ | +3.3% |
| 1991 | 9.27 trillion constant 2015 US$ | +1.5% |
| 1992 | 9.36 trillion constant 2015 US$ | +0.9% |
| 1993 | 9.30 trillion constant 2015 US$ | -0.6% |
| 1994 | 9.55 trillion constant 2015 US$ | +2.7% |
| 1995 | 9.81 trillion constant 2015 US$ | +2.7% |
| 1996 | 10.00 trillion constant 2015 US$ | +1.9% |
| 1997 | 10.27 trillion constant 2015 US$ | +2.7% |
| 1998 | 10.57 trillion constant 2015 US$ | +3.0% |
| 1999 | 10.89 trillion constant 2015 US$ | +3.0% |
| 2000 | 11.32 trillion constant 2015 US$ | +3.9% |
| 2001 | 11.56 trillion constant 2015 US$ | +2.2% |
| 2002 | 11.69 trillion constant 2015 US$ | +1.1% |
| 2003 | 11.80 trillion constant 2015 US$ | +0.9% |
| 2004 | 12.11 trillion constant 2015 US$ | +2.6% |
| 2005 | 12.35 trillion constant 2015 US$ | +2.0% |
| 2006 | 12.79 trillion constant 2015 US$ | +3.6% |
| 2007 | 13.19 trillion constant 2015 US$ | +3.1% |
| 2008 | 13.27 trillion constant 2015 US$ | +0.6% |
| 2009 | 12.70 trillion constant 2015 US$ | -4.3% |
| 2010 | 12.98 trillion constant 2015 US$ | +2.2% |
| 2011 | 13.23 trillion constant 2015 US$ | +2.0% |
| 2012 | 13.13 trillion constant 2015 US$ | -0.8% |
| 2013 | 13.13 trillion constant 2015 US$ | -0.0% |
| 2014 | 13.34 trillion constant 2015 US$ | +1.6% |
| 2015 | 13.66 trillion constant 2015 US$ | +2.4% |
| 2016 | 13.92 trillion constant 2015 US$ | +1.9% |
| 2017 | 14.31 trillion constant 2015 US$ | +2.8% |
| 2018 | 14.60 trillion constant 2015 US$ | +2.0% |
| 2019 | 14.88 trillion constant 2015 US$ | +1.9% |
| 2020 | 14.05 trillion constant 2015 US$ | -5.6% |
| 2021 | 14.94 trillion constant 2015 US$ | +6.4% |
| 2022 | 15.48 trillion constant 2015 US$ | +3.6% |
| 2023 | 15.54 trillion constant 2015 US$ | +0.4% |
| 2024 | 15.71 trillion constant 2015 US$ | +1.1% |
| 2025 | 15.95 trillion constant 2015 US$ | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.92 trillion constant 2015 US$ | 3.08 trillion constant 2015 US$ | 4.90 trillion constant 2015 US$ | 10 |
| 1970s | 6.12 trillion constant 2015 US$ | 5.17 trillion constant 2015 US$ | 7.06 trillion constant 2015 US$ | 10 |
| 1980s | 7.81 trillion constant 2015 US$ | 7.21 trillion constant 2015 US$ | 8.85 trillion constant 2015 US$ | 10 |
| 1990s | 9.82 trillion constant 2015 US$ | 9.14 trillion constant 2015 US$ | 10.89 trillion constant 2015 US$ | 10 |
| 2000s | 12.28 trillion constant 2015 US$ | 11.32 trillion constant 2015 US$ | 13.27 trillion constant 2015 US$ | 10 |
| 2010s | 13.72 trillion constant 2015 US$ | 12.98 trillion constant 2015 US$ | 14.88 trillion constant 2015 US$ | 10 |
| 2020s | 15.28 trillion constant 2015 US$ | 14.05 trillion constant 2015 US$ | 15.95 trillion constant 2015 US$ | 6 |
Countries ranked near European Union
- 13 Russia 1.64 trillion constant 2015 US$ compare
- 14 Spain 1.47 trillion constant 2015 US$ compare
- 15 Turkey 1.36 trillion constant 2015 US$ compare
- 16 Mexico 1.35 trillion constant 2015 US$ compare
- 17 Indonesia 1.30 trillion constant 2015 US$ compare
- 18 Netherlands 937.25 billion constant 2015 US$ compare
- 19 Saudi Arabia 926.78 billion constant 2015 US$ compare
More economy & growth data for European Union
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.7211 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), per capita 23,360 current US$ per person (2025)
- Exports of goods and services (current US$), per unit of GDP 0.4961 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 42,248 current US$ per person (2025)
- Exports of goods and services (current US$), annual growth rate 7.29 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per capita 33,955 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9619 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), annual growth rate 9.47 % change on previous year (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0099 BoP, current US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 2.34 % change on previous year (2025)
Frequently asked questions
- What is gdp in European Union?
- Gdp in European Union was 15.95 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in European Union?
- The highest recorded value was 15.95 trillion constant 2015 US$ in 2025.
- What is the lowest gdp recorded in European Union?
- The lowest recorded value was 3.08 trillion constant 2015 US$ in 1960.
- How does European Union rank for gdp?
- European Union ranks 16th out of 47 groups with data for 2025.
- Is gdp rising or falling in European Union?
- Over the last ten years it is up 16.8%. The long-run trend across the full record is rising.
- Where does this European Union data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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.