GERD by sector of performance and socioeconomic objectives in Euro area – 20 countries (2023-2025)

Euro area – 20 countries (2023-2025): GERD by sector of performance and socioeconomic objectives was 348,610 Million euro in 2024. ▲ Rising

Latest (2024)
348,610 Million euro
Change on year
up 3.9%
Rank
4th
of 4 regions
All-time high
348,610 Million euro
in 2024
All-time low
141,767 Million euro
in 2003
Years of data
22
2003–2024

GERD by sector of performance and socioeconomic objectives in Euro area – 20 countries (2023-2025), 2003–2024

0100.0k200.0k300.0k2003201320242003: 141.8k Million euro2004: 146.0k Million euro2005: 150.9k Million euro2006: 160.8k Million euro2007: 170.3k Million euro2008: 182.6k Million euro2009: 184.9k Million euro2010: 190.7k Million euro2011: 200.4k Million euro2012: 206.7k Million euro2013: 210.7k Million euro2014: 217.9k Million euro2015: 225.4k Million euro2016: 232.2k Million euro2017: 245.4k Million euro2018: 257.4k Million euro2019: 271.3k Million euro2020: 268.1k Million euro2021: 285.9k Million euro2022: 310.0k Million euro2023: 335.6k Million euro2024: 348.6k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

The most recent figure for gerd by sector of performance and socioeconomic objectives in Euro area – 20 countries (2023-2025) is 348,610 Million euro, measured in 2024. That is the highest value across all 22 years on record.

The figure is up 3.9% on the previous year and up 60.0% over ten years.

Over the whole period, gerd by sector of performance and socioeconomic objectives in Euro area – 20 countries (2023-2025) peaked at 348,610 Million euro in 2024 and was at its lowest, 141,767 Million euro, in 2003.

The long-run direction has been consistently rising across the 22 years of available data.

GERD by sector of performance and socioeconomic objectives in Euro area – 20 countries (2023-2025), year by year

Annual values for GERD by sector of performance and socioeconomic objectives (NABS 2007) in Euro area – 20 countries (2023-2025), 2003 to 2024.
Year Million euro Change
2003 141,767 Million euro
2004 146,019 Million euro +3.0%
2005 150,922 Million euro +3.4%
2006 160,834 Million euro +6.6%
2007 170,260 Million euro +5.9%
2008 182,560 Million euro +7.2%
2009 184,877 Million euro +1.3%
2010 190,682 Million euro +3.1%
2011 200,420 Million euro +5.1%
2012 206,732 Million euro +3.1%
2013 210,727 Million euro +1.9%
2014 217,896 Million euro +3.4%
2015 225,448 Million euro +3.5%
2016 232,166 Million euro +3.0%
2017 245,380 Million euro +5.7%
2018 257,432 Million euro +4.9%
2019 271,261 Million euro +5.4%
2020 268,094 Million euro -1.2%
2021 285,935 Million euro +6.7%
2022 309,953 Million euro +8.4%
2023 335,561 Million euro +8.3%
2024 348,610 Million euro +3.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 162,463 Million euro 141,767 Million euro 184,877 Million euro 7
2010s 225,814 Million euro 190,682 Million euro 271,261 Million euro 10
2020s 309,631 Million euro 268,094 Million euro 348,610 Million euro 5

Countries ranked near Euro area – 20 countries (2023-2025)

  1. 1 United States of America 883,731 Million euro compare
  2. 1 United States 883,731 Million euro compare
  3. 3 Germany 135,570 Million euro compare
  4. 4 Japan 134,017 Million euro compare
  5. 5 Korea 84,278 Million euro compare
  6. 5 South Korea 84,278 Million euro compare
  7. 7 France 63,600 Million euro compare

See the full ranking of 56 places →

More economy & growth data for Euro area – 20 countries (2023-2025)

All data for Euro area – 20 countries (2023-2025) →

Frequently asked questions

What is gerd by sector of performance and socioeconomic objectives in Euro area – 20 countries (2023-2025)?
Gerd by sector of performance and socioeconomic objectives in Euro area – 20 countries (2023-2025) was 348,610 Million euro in 2024, according to Eurostat.
What is the highest gerd by sector of performance and socioeconomic objectives recorded in Euro area – 20 countries (2023-2025)?
The highest recorded value was 348,610 Million euro in 2024.
What is the lowest gerd by sector of performance and socioeconomic objectives recorded in Euro area – 20 countries (2023-2025)?
The lowest recorded value was 141,767 Million euro in 2003.
How does Euro area – 20 countries (2023-2025) rank for gerd by sector of performance and socioeconomic objectives?
Euro area – 20 countries (2023-2025) ranks 4th out of 4 regions with data for 2024.
Is gerd by sector of performance and socioeconomic objectives rising or falling in Euro area – 20 countries (2023-2025)?
Over the last ten years it is up 60.0%. The long-run trend across the full record is rising.
Where does this Euro area – 20 countries (2023-2025) data come from?
The figures come from Eurostat, published as part of GERD by sector of performance and socioeconomic objectives (NABS 2007). Statizoid updates them automatically from the source API.

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GERD by sector of performance and socioeconomic objectives in Euro area – 20 countries (2023-2025). Statizoid, drawing on Eurostat. Retrieved 14 September 2026, from https://economy.statizoid.com/stat/gerd-by-sector-of-performance-and-socioeconomic-objectives-nabs-2007/euro-area-20-countries-2023-2025/

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About this data

Indicator
GERD by sector of performance and socioeconomic objectives (NABS 2007)
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
56 places, 1,141 data points, 2003–2024
Last refreshed