GNI growth in Europe & Central Asia
Europe & Central Asia: GNI growth was 1.8% in 2024. ◆ Volatile
GNI growth in Europe & Central Asia, 1996–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
Europe & Central Asia recorded 1.8% for gni growth in 2024.
Compared with earlier readings it is up 48.9% on the previous year and down 7.6% over ten years.
Over the whole period, gni growth in Europe & Central Asia peaked at 7.1% in 2021 and was at its lowest, -6.0%, in 2020.
Europe & Central Asia ranks 20th of 26 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GNI growth in Europe & Central Asia, year by year
| Year | annual % | Change |
|---|---|---|
| 1996 | 1.9% | — |
| 1997 | 2.8% | +49.4% |
| 1998 | 3.2% | +15.4% |
| 1999 | 3.2% | -0.3% |
| 2000 | 3.5% | +8.4% |
| 2001 | 2.2% | -36.5% |
| 2002 | 1.3% | -41.4% |
| 2003 | 1.7% | +33.2% |
| 2004 | 2.8% | +65.0% |
| 2005 | 2.6% | -9.4% |
| 2006 | 3.2% | +22.8% |
| 2007 | 2.9% | -9.0% |
| 2008 | -0.2% | -106.1% |
| 2009 | -3.0% | +1610.9% |
| 2010 | 2.5% | -181.3% |
| 2011 | 1.3% | -46.2% |
| 2012 | -0.2% | -118.9% |
| 2013 | 0.8% | -401.0% |
| 2014 | 2.0% | +164.2% |
| 2015 | 2.0% | +3.1% |
| 2016 | 1.9% | -7.9% |
| 2017 | 2.6% | +38.2% |
| 2018 | 2.2% | -16.1% |
| 2019 | 2.1% | -5.9% |
| 2020 | -6.0% | -389.5% |
| 2021 | 7.1% | -218.6% |
| 2022 | 2.1% | -70.5% |
| 2023 | 1.2% | -40.9% |
| 2024 | 1.8% | +48.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.8% | 1.9% | 3.2% | 4 |
| 2000s | 1.7% | -3.0% | 3.5% | 10 |
| 2010s | 1.7% | -0.2% | 2.6% | 10 |
| 2020s | 1.3% | -6.0% | 7.1% | 5 |
Countries ranked near Europe & Central Asia
More economy & growth data for Europe & Central Asia
- Industry (including construction), value added 1.9% (2025)
- Agriculture, forestry, and fishing, value added 464.96 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 0.3% (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9017 current US$ per US$ of GDP (2025)
- Manufacturing, value added 3.67 trillion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 31,202 current US$ per person (2025)
- Industry (including construction), value added 7.31 trillion current US$ (2025)
- Industry (including construction), value added 5.48 trillion constant 2015 US$ (2025)
- Services, value added 65.5% (2025)
- Services, value added 16.26 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is gni growth in Europe & Central Asia?
- Gni growth in Europe & Central Asia was 1.8% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni growth recorded in Europe & Central Asia?
- The highest recorded value was 7.1% in 2021.
- What is the lowest gni growth recorded in Europe & Central Asia?
- The lowest recorded value was -6.0% in 2020.
- How does Europe & Central Asia rank for gni growth?
- Europe & Central Asia ranks 20th out of 26 groups with data for 2024.
- Is gni growth rising or falling in Europe & Central Asia?
- Over the last ten years it is down 7.6%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia 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.