GDP weights used in the calculation of the global specific indicator in European Union - 27 countries (from 2020)
European Union - 27 countries (from 2020): GDP weights used in the calculation of the global specific indicator was 100.7% in 2023. ▬ Flat
Latest (2023)
100.7%
Change on year
up 0.8%
Rank
1st
of 1 regions
All-time high
100.7%
in 2023
All-time low
99.8%
in 2019
Years of data
10
2014–2023
GDP weights used in the calculation of the global specific indicator in European Union - 27 countries (from 2020), 2014–2023
Source: Eurostat. Measured in Percentage of EU27 (from 2020) total (based on million purchasing power standard.
Analysis
The most recent figure for gdp weights used in the calculation of the global specific indicator in European Union - 27 countries (from 2020) is 100.7%, measured in 2023. That is the highest value across all 10 years on record.
The figure is up 0.8% on the previous year and up 0.7% over ten years.
Over the whole period, gdp weights used in the calculation of the global specific indicator in European Union - 27 countries (from 2020) peaked at 100.7% in 2023 and was at its lowest, 99.8%, in 2019.
GDP weights used in the calculation of the global specific indicator in European Union - 27 countries (from 2020), year by year
| Year | Percentage of EU27 (from 2020) total (based on million purchasing power standard | Change |
|---|---|---|
| 2014 | 100.0% | — |
| 2015 | 99.9% | -0.1% |
| 2016 | 100.2% | +0.3% |
| 2017 | 100.2% | +0.0% |
| 2018 | 99.9% | -0.3% |
| 2019 | 99.8% | -0.1% |
| 2020 | 100.3% | +0.5% |
| 2021 | 100.2% | -0.1% |
| 2022 | 99.9% | -0.3% |
| 2023 | 100.7% | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 100.0% | 99.8% | 100.2% | 6 |
| 2020s | 100.3% | 99.9% | 100.7% | 4 |
Countries ranked near European Union - 27 countries (from 2020)
- 1 Germany 21.9% compare
- 2 France 15.5% compare
- 3 United Kingdom of Great Britain and Northern Ireland 13.5% compare
- 3 United Kingdom 13.5% compare
More economy & growth data for European Union - 27 countries (from 2020)
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 112.4 Index, 2020=100 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 2 region 18.02 million Million euro (2024)
- Average annual population to calculate regional GDP data (thousand) 451,029 Thousand (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 18.02 million Million euro (2024)
- Gross value added at basic prices by NUTS 3 region 16.20 million Current prices, million euro (2024)
- Agricultural land prices by region 15,224 Euro per hectare (2024)
- Agricultural land renting prices for one year by region 295 Euro per hectare (2024)
- Irrigation of agricultural holdings by utilised agricultural area 155.11 million Hectare (2020)
- Farms and hectares by crops, utilised agricultural area, economic 155.11 million Hectare (2020)
- Gross domestic product (GDP) and main components (output, expenditure) 111.34 Chain linked volumes, index 2020=100 (2026)
Frequently asked questions
- What is gdp weights used in the calculation of the global specific indicator in European Union - 27 countries (from 2020)?
- Gdp weights used in the calculation of the global specific indicator in European Union - 27 countries (from 2020) was 100.7% in 2023, according to Eurostat.
- What is the highest gdp weights used in the calculation of the global specific indicator recorded in European Union - 27 countries (from 2020)?
- The highest recorded value was 100.7% in 2023.
- What is the lowest gdp weights used in the calculation of the global specific indicator recorded in European Union - 27 countries (from 2020)?
- The lowest recorded value was 99.8% in 2019.
- How does European Union - 27 countries (from 2020) rank for gdp weights used in the calculation of the global specific indicator?
- European Union - 27 countries (from 2020) ranks 1st out of 1 regions with data for 2023.
- Is gdp weights used in the calculation of the global specific indicator rising or falling in European Union - 27 countries (from 2020)?
- Over the last ten years it is up 0.7%. The long-run trend across the full record is flat.
- Where does this European Union - 27 countries (from 2020) data come from?
- The figures come from Eurostat, published as part of GDP weights used in the calculation of the global specific indicator. Statizoid updates them automatically from the source API.
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