Gross domestic product (GDP) and Gross value added (GVA) in volume by in European Union - 27 countries (from 2020)
European Union - 27 countries (from 2020): Gross domestic product (GDP) and Gross value added (GVA) in volume by was 112.4 Index, 2020=100 in 2024. ▲ Rising
Latest (2024)
112.4 Index, 2020=100
Change on year
up 1.1%
Rank
166th
of 319 regions
All-time high
112.4 Index, 2020=100
in 2024
All-time low
80.1 Index, 2020=100
in 2000
Years of data
25
2000–2024
Gross domestic product (GDP) and Gross value added (GVA) in volume by in European Union - 27 countries (from 2020), 2000–2024
Source: Eurostat. Measured in Index, 2020=100.
Analysis
European Union - 27 countries (from 2020) recorded 112.4 Index, 2020=100 for gross domestic product (gdp) and gross value added (gva) in volume by in 2024. That is the highest value across all 25 years on record.
The figure is up 1.1% on the previous year and up 18.4% over ten years.
Over the whole period, gross domestic product (gdp) and gross value added (gva) in volume by in European Union - 27 countries (from 2020) peaked at 112.4 Index, 2020=100 in 2024 and was at its lowest, 80.1 Index, 2020=100, in 2000.
European Union - 27 countries (from 2020) ranks 166th of 319 regions on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Gross domestic product (GDP) and Gross value added (GVA) in volume by in European Union - 27 countries (from 2020), year by year
| Year | Index, 2020=100 | Change |
|---|---|---|
| 2000 | 80.1 Index, 2020=100 | — |
| 2001 | 81.8 Index, 2020=100 | +2.1% |
| 2002 | 82.7 Index, 2020=100 | +1.1% |
| 2003 | 83.4 Index, 2020=100 | +0.8% |
| 2004 | 85.7 Index, 2020=100 | +2.8% |
| 2005 | 87.2 Index, 2020=100 | +1.8% |
| 2006 | 90.3 Index, 2020=100 | +3.6% |
| 2007 | 93.4 Index, 2020=100 | +3.4% |
| 2008 | 94.2 Index, 2020=100 | +0.9% |
| 2009 | 90.1 Index, 2020=100 | -4.4% |
| 2010 | 92.1 Index, 2020=100 | +2.2% |
| 2011 | 94 Index, 2020=100 | +2.1% |
| 2012 | 93.4 Index, 2020=100 | -0.6% |
| 2013 | 93.4 Index, 2020=100 | +0.0% |
| 2014 | 94.9 Index, 2020=100 | +1.6% |
| 2015 | 97.1 Index, 2020=100 | +2.3% |
| 2016 | 98.8 Index, 2020=100 | +1.8% |
| 2017 | 101.7 Index, 2020=100 | +2.9% |
| 2018 | 103.8 Index, 2020=100 | +2.1% |
| 2019 | 105.8 Index, 2020=100 | +1.9% |
| 2020 | 100 Index, 2020=100 | -5.5% |
| 2021 | 106.3 Index, 2020=100 | +6.3% |
| 2022 | 110.4 Index, 2020=100 | +3.9% |
| 2023 | 111.2 Index, 2020=100 | +0.7% |
| 2024 | 112.4 Index, 2020=100 | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 86.89 Index, 2020=100 | 80.1 Index, 2020=100 | 94.2 Index, 2020=100 | 10 |
| 2010s | 97.5 Index, 2020=100 | 92.1 Index, 2020=100 | 105.8 Index, 2020=100 | 10 |
| 2020s | 108.06 Index, 2020=100 | 100 Index, 2020=100 | 112.4 Index, 2020=100 | 5 |
More economy & growth data for European Union - 27 countries (from 2020)
- 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)
- Gross value added and income by main industry (NACE Rev.2 ) 111.34 Chain linked volumes, index 2020=100 (2026)
Frequently asked questions
- What is gross domestic product (gdp) and gross value added (gva) in volume by in European Union - 27 countries (from 2020)?
- Gross domestic product (gdp) and gross value added (gva) in volume by in European Union - 27 countries (from 2020) was 112.4 Index, 2020=100 in 2024, according to Eurostat.
- What is the highest gross domestic product (gdp) and gross value added (gva) in volume by recorded in European Union - 27 countries (from 2020)?
- The highest recorded value was 112.4 Index, 2020=100 in 2024.
- What is the lowest gross domestic product (gdp) and gross value added (gva) in volume by recorded in European Union - 27 countries (from 2020)?
- The lowest recorded value was 80.1 Index, 2020=100 in 2000.
- How does European Union - 27 countries (from 2020) rank for gross domestic product (gdp) and gross value added (gva) in volume by?
- European Union - 27 countries (from 2020) ranks 166th out of 319 regions with data for 2024.
- Is gross domestic product (gdp) and gross value added (gva) in volume by rising or falling in European Union - 27 countries (from 2020)?
- Over the last ten years it is up 18.4%. 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 Gross domestic product (GDP) and Gross value added (GVA) in volume by NUTS 2 region. Statizoid updates them automatically from the source API.
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