GERD by sector of performance and socioeconomic objectives (NABS 2007) in European Union - 27 countries (from 2020)
European Union - 27 countries (from 2020): GERD by sector of performance and socioeconomic objectives (NABS 2007) was 408,427 Million euro in 2024. ▲ Rising
Latest (2024)
408,427 Million euro
Change on year
up 4.9%
Rank
2nd
of 4 regions
All-time high
408,427 Million euro
in 2024
All-time low
160,262 Million euro
in 2003
Years of data
22
2003–2024
GERD by sector of performance and socioeconomic objectives in European Union - 27 countries (from 2020), 2003–2024
Source: Eurostat. Measured in Million euro.
Analysis
European Union - 27 countries (from 2020) recorded 408,427 Million euro for gerd by sector of performance and socioeconomic objectives in 2024. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 4.9% on the previous year and up 64.3% over ten years.
Over the whole period, gerd by sector of performance and socioeconomic objectives in European Union - 27 countries (from 2020) peaked at 408,427 Million euro in 2024 and was at its lowest, 160,262 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 (NABS 2007) in European Union - 27 countries (from 2020), year by year
| Year | Million euro | Change |
|---|---|---|
| 2003 | 160,262 Million euro | — |
| 2004 | 164,637 Million euro | +2.7% |
| 2005 | 170,562 Million euro | +3.6% |
| 2006 | 182,480 Million euro | +7.0% |
| 2007 | 193,072 Million euro | +5.8% |
| 2008 | 207,804 Million euro | +7.6% |
| 2009 | 208,454 Million euro | +0.3% |
| 2010 | 216,262 Million euro | +3.7% |
| 2011 | 228,346 Million euro | +5.6% |
| 2012 | 236,675 Million euro | +3.6% |
| 2013 | 241,492 Million euro | +2.0% |
| 2014 | 248,550 Million euro | +2.9% |
| 2015 | 258,746 Million euro | +4.1% |
| 2016 | 265,704 Million euro | +2.7% |
| 2017 | 281,437 Million euro | +5.9% |
| 2018 | 295,555 Million euro | +5.0% |
| 2019 | 311,657 Million euro | +5.4% |
| 2020 | 309,444 Million euro | -0.7% |
| 2021 | 331,032 Million euro | +7.0% |
| 2022 | 359,342 Million euro | +8.6% |
| 2023 | 389,184 Million euro | +8.3% |
| 2024 | 408,427 Million euro | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 183,896 Million euro | 160,262 Million euro | 208,454 Million euro | 7 |
| 2010s | 258,442 Million euro | 216,262 Million euro | 311,657 Million euro | 10 |
| 2020s | 359,486 Million euro | 309,444 Million euro | 408,427 Million euro | 5 |
Countries ranked near European Union - 27 countries (from 2020)
- 1 United States 932,442 Million euro compare
- 2 United States 883,731 Million euro compare
- 3 Germany 137,060 Million euro compare
- 4 Japan 134,809 Million euro compare
- 5 South Korea 88,821 Million euro 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)
- 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)
- Average annual population to calculate regional GDP data (thousand) 451,029 Thousand (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) 115.3 Chain linked volumes, index 2020=100 (2026)
Frequently asked questions
- What is gerd by sector of performance and socioeconomic objectives in European Union - 27 countries (from 2020)?
- Gerd by sector of performance and socioeconomic objectives in European Union - 27 countries (from 2020) was 408,427 Million euro in 2024, according to Eurostat.
- What is the highest gerd by sector of performance and socioeconomic objectives recorded in European Union - 27 countries (from 2020)?
- The highest recorded value was 408,427 Million euro in 2024.
- What is the lowest gerd by sector of performance and socioeconomic objectives recorded in European Union - 27 countries (from 2020)?
- The lowest recorded value was 160,262 Million euro in 2003.
- How does European Union - 27 countries (from 2020) rank for gerd by sector of performance and socioeconomic objectives?
- European Union - 27 countries (from 2020) ranks 2nd out of 4 regions with data for 2024.
- Is gerd by sector of performance and socioeconomic objectives rising or falling in European Union - 27 countries (from 2020)?
- Over the last ten years it is up 64.3%. The long-run trend across the full record is rising.
- Where does this European Union - 27 countries (from 2020) 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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