GDP growth in European Union
European Union: GDP growth was 1.5% in 2025. ◆ Volatile
GDP growth in European Union, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
The most recent figure for gdp growth in European Union is 1.5%, measured in 2025.
Compared with earlier readings it is up 41.5% on the previous year and down 35.2% over ten years.
Over the whole period, gdp growth in European Union peaked at 7.0% in 1969 and was at its lowest, -5.6%, in 2020.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in European Union, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 5.8% | — |
| 1962 | 5.7% | -1.0% |
| 1963 | 4.8% | -16.0% |
| 1964 | 6.0% | +25.3% |
| 1965 | 5.2% | -12.4% |
| 1966 | 4.3% | -18.6% |
| 1967 | 3.5% | -17.0% |
| 1968 | 5.6% | +57.6% |
| 1969 | 7.0% | +25.8% |
| 1970 | 5.5% | -21.3% |
| 1971 | 3.7% | -34.0% |
| 1972 | 4.8% | +30.7% |
| 1973 | 6.0% | +25.9% |
| 1974 | 3.1% | -47.6% |
| 1975 | -0.6% | -118.4% |
| 1976 | 4.9% | -940.2% |
| 1977 | 2.9% | -39.6% |
| 1978 | 3.1% | +3.9% |
| 1979 | 3.9% | +27.1% |
| 1980 | 2.1% | -46.9% |
| 1981 | 0.6% | -73.0% |
| 1982 | 0.8% | +46.7% |
| 1983 | 1.4% | +76.5% |
| 1984 | 2.5% | +74.7% |
| 1985 | 2.3% | -8.3% |
| 1986 | 2.6% | +11.3% |
| 1987 | 2.5% | -1.4% |
| 1988 | 4.1% | +62.4% |
| 1989 | 3.9% | -5.7% |
| 1990 | 3.3% | -15.3% |
| 1991 | 1.5% | -55.7% |
| 1992 | 0.9% | -38.3% |
| 1993 | -0.6% | -166.1% |
| 1994 | 2.7% | -553.2% |
| 1995 | 2.7% | +0.9% |
| 1996 | 1.9% | -29.7% |
| 1997 | 2.7% | +40.1% |
| 1998 | 3.0% | +11.1% |
| 1999 | 3.0% | +0.7% |
| 2000 | 3.9% | +31.0% |
| 2001 | 2.2% | -45.1% |
| 2002 | 1.1% | -49.2% |
| 2003 | 0.9% | -14.6% |
| 2004 | 2.6% | +177.5% |
| 2005 | 2.0% | -23.7% |
| 2006 | 3.6% | +79.9% |
| 2007 | 3.1% | -11.9% |
| 2008 | 0.6% | -80.3% |
| 2009 | -4.3% | -797.8% |
| 2010 | 2.2% | -150.6% |
| 2011 | 2.0% | -10.1% |
| 2012 | -0.8% | -139.0% |
| 2013 | -0.0% | -95.7% |
| 2014 | 1.6% | -5042.0% |
| 2015 | 2.4% | +45.3% |
| 2016 | 1.9% | -19.1% |
| 2017 | 2.8% | +46.8% |
| 2018 | 2.0% | -27.4% |
| 2019 | 1.9% | -8.4% |
| 2020 | -5.6% | -397.5% |
| 2021 | 6.4% | -214.3% |
| 2022 | 3.6% | -44.1% |
| 2023 | 0.4% | -87.7% |
| 2024 | 1.1% | +148.1% |
| 2025 | 1.5% | +41.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.3% | 3.5% | 7.0% | 9 |
| 1970s | 3.7% | -0.6% | 6.0% | 10 |
| 1980s | 2.3% | 0.6% | 4.1% | 10 |
| 1990s | 2.1% | -0.6% | 3.3% | 10 |
| 2000s | 1.6% | -4.3% | 3.9% | 10 |
| 2010s | 1.6% | -0.8% | 2.8% | 10 |
| 2020s | 1.2% | -5.6% | 6.4% | 6 |
Countries ranked near European Union
- 1 Guyana 19.3% compare
- 2 Northern Mariana Islands 16.6% compare
- 3 Libya 13.4% compare
- 4 Ireland 12.3% compare
- 5 Kyrgyzstan 11.1% compare
More economy & growth data for European Union
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.48 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 42,248 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8972 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 8.67 % change on previous year (2025)
- Services, value added (constant 2015 US$), per capita 23,693 constant 2015 US$ per person (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$), annual growth rate 1.26 % change on previous year (2025)
- Services, value added (current US$), per capita 31,026 current US$ per person (2025)
- Services, value added (current US$), per unit of GDP 0.6589 current US$ per US$ of GDP (2025)
- Services, value added (current US$), annual growth rate 8.74 % change on previous year (2025)
Frequently asked questions
- What is gdp growth in European Union?
- Gdp growth in European Union was 1.5% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in European Union?
- The highest recorded value was 7.0% in 1969.
- What is the lowest gdp growth recorded in European Union?
- The lowest recorded value was -5.6% in 2020.
- How does European Union rank for gdp growth?
- European Union ranks 2nd out of 3 groups with data for 2025.
- Is gdp growth rising or falling in European Union?
- Over the last ten years it is down 35.2%. The long-run trend across the full record is volatile.
- 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 growth (annual %). 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.