GNI growth in Euro area
Euro area: GNI growth was 1.3% in 2024. ◆ Volatile
GNI growth in Euro area, 1971–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
In 2024, gni growth in Euro area stood at 1.3%.
That represents a change of down 22.1% on the previous year and down 20.1% over ten years.
Over the whole period, gni growth in Euro area peaked at 6.9% in 1995 and was at its lowest, -6.1%, in 2020.
The series is highly variable year to year, so single readings are best treated with caution.
GNI growth in Euro area, year by year
| Year | annual % | Change |
|---|---|---|
| 1971 | 4.3% | — |
| 1972 | 5.0% | +15.1% |
| 1973 | 5.6% | +13.0% |
| 1974 | 1.0% | -83.0% |
| 1975 | -0.1% | -108.9% |
| 1976 | 4.3% | -5185.1% |
| 1977 | 3.0% | -32.0% |
| 1978 | 4.0% | +36.8% |
| 1979 | 2.7% | -33.3% |
| 1980 | 0.3% | -87.6% |
| 1981 | -0.9% | -375.6% |
| 1982 | 0.8% | -183.7% |
| 1983 | 1.7% | +127.4% |
| 1984 | 2.3% | +31.8% |
| 1985 | 2.4% | +2.5% |
| 1986 | 4.9% | +108.4% |
| 1987 | 2.9% | -41.2% |
| 1988 | 4.5% | +57.0% |
| 1989 | 3.9% | -14.7% |
| 1990 | 4.2% | +8.9% |
| 1991 | 2.7% | -35.6% |
| 1992 | 2.2% | -20.9% |
| 1993 | -0.2% | -110.6% |
| 1994 | 2.1% | -1018.3% |
| 1995 | 6.9% | +227.6% |
| 1996 | 1.9% | -72.7% |
| 1997 | 2.7% | +46.2% |
| 1998 | 3.3% | +19.9% |
| 1999 | 3.2% | -3.6% |
| 2000 | 2.8% | -10.8% |
| 2001 | 2.1% | -24.9% |
| 2002 | 1.0% | -53.7% |
| 2003 | 1.0% | -0.7% |
| 2004 | 2.6% | +164.1% |
| 2005 | 1.6% | -37.9% |
| 2006 | 3.1% | +96.6% |
| 2007 | 2.9% | -8.8% |
| 2008 | -0.5% | -119.2% |
| 2009 | -2.9% | +428.0% |
| 2010 | 1.6% | -155.7% |
| 2011 | 1.1% | -31.1% |
| 2012 | -1.0% | -187.5% |
| 2013 | 0.2% | -120.8% |
| 2014 | 1.7% | +720.4% |
| 2015 | 2.4% | +47.3% |
| 2016 | 2.6% | +8.3% |
| 2017 | 2.2% | -17.2% |
| 2018 | 2.0% | -9.6% |
| 2019 | 1.7% | -13.2% |
| 2020 | -6.1% | -457.4% |
| 2021 | 6.3% | -203.0% |
| 2022 | 1.2% | -81.7% |
| 2023 | 1.7% | +46.9% |
| 2024 | 1.3% | -22.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.3% | -0.1% | 5.6% | 9 |
| 1980s | 2.3% | -0.9% | 4.9% | 10 |
| 1990s | 2.9% | -0.2% | 6.9% | 10 |
| 2000s | 1.4% | -2.9% | 3.1% | 10 |
| 2010s | 1.5% | -1.0% | 2.6% | 10 |
| 2020s | 0.9% | -6.1% | 6.3% | 5 |
Countries ranked near Euro area
- 1 Tajikistan 44.3% compare
- 2 Norway 26.3% compare
- 3 Guinea 16.5% compare
- 4 Russia 14.9% compare
- 5 Burkina Faso 14.8% compare
More economy & growth data for Euro area
- Agriculture, forestry, and fishing, value added 1.7% (2025)
- Imports of goods and services 8.05 trillion current US$ (2025)
- Imports of goods and services 6.39 trillion constant 2015 US$ (2025)
- Imports of goods and services 3.7% (2025)
- Imports of goods and services 44.7% (2025)
- External balance on goods and services 3.9% (2025)
- Trade 87.3% (2025)
- Agriculture, forestry, and fishing, value added 179.81 billion constant 2015 US$ (2025)
- Industry (including construction), value added 2.2% (2025)
- Industry (including construction), value added 2.84 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is gni growth in Euro area?
- Gni growth in Euro area was 1.3% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni growth recorded in Euro area?
- The highest recorded value was 6.9% in 1995.
- What is the lowest gni growth recorded in Euro area?
- The lowest recorded value was -6.1% in 2020.
- How does Euro area rank for gni growth?
- Euro area ranks 2nd out of 2 regions with data for 2024.
- Is gni growth rising or falling in Euro area?
- Over the last ten years it is down 20.1%. The long-run trend across the full record is volatile.
- Where does this Euro area data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GNI growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.