Gross Domestic Product, GDP in millions constant 2021 international $ in Western Europe
Western Europe: Gross Domestic Product, GDP in millions constant 2021 international $ was 1.35 % change on previous year in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Western Europe, 1992–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Western Europe is 1.35 % change on previous year, measured in 2027.
That represents a change of up 37.2% on the previous year and down 42.6% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Western Europe peaked at 5.28 % change on previous year in 2021 and was at its lowest, -5.16 % change on previous year, in 2020.
Western Europe ranks 85th of 86 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product, GDP in millions constant 2021 international $ in Western Europe, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 1.7 % change on previous year | — |
| 1993 | -0.464 % change on previous year | -127.2% |
| 1994 | 2.52 % change on previous year | -644.1% |
| 1995 | 1.93 % change on previous year | -23.6% |
| 1996 | 1.4 % change on previous year | -27.6% |
| 1997 | 2.43 % change on previous year | +73.9% |
| 1998 | 2.86 % change on previous year | +17.8% |
| 1999 | 2.94 % change on previous year | +2.8% |
| 2000 | 3.52 % change on previous year | +19.8% |
| 2001 | 1.74 % change on previous year | -50.6% |
| 2002 | 0.4219 % change on previous year | -75.8% |
| 2003 | 0.195 % change on previous year | -53.8% |
| 2004 | 2.07 % change on previous year | +959.6% |
| 2005 | 1.56 % change on previous year | -24.4% |
| 2006 | 3.39 % change on previous year | +117.1% |
| 2007 | 3.05 % change on previous year | -10.1% |
| 2008 | 0.9589 % change on previous year | -68.5% |
| 2009 | -4.04 % change on previous year | -521.0% |
| 2010 | 2.96 % change on previous year | -173.2% |
| 2011 | 2.89 % change on previous year | -2.3% |
| 2012 | 0.2842 % change on previous year | -90.2% |
| 2013 | 0.527 % change on previous year | +85.4% |
| 2014 | 1.68 % change on previous year | +219.2% |
| 2015 | 1.5 % change on previous year | -11.0% |
| 2016 | 1.81 % change on previous year | +20.8% |
| 2017 | 2.35 % change on previous year | +30.2% |
| 2018 | 1.59 % change on previous year | -32.3% |
| 2019 | 1.56 % change on previous year | -1.8% |
| 2020 | -5.16 % change on previous year | -429.4% |
| 2021 | 5.28 % change on previous year | -202.4% |
| 2022 | 2.78 % change on previous year | -47.3% |
| 2023 | 0.1116 % change on previous year | -96.0% |
| 2024 | 0.3264 % change on previous year | +192.4% |
| 2025 | 0.5718 % change on previous year | +75.2% |
| 2026 | 0.9842 % change on previous year | +72.1% |
| 2027 | 1.35 % change on previous year | +37.2% |
Biggest year-on-year movements
Years where Gross Domestic Product, GDP in millions constant 2021 international $ in Western Europe changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +959.6% | 0.195 % change on previous year | 2.07 % change on previous year |
| 1994 | +644.1% | -0.464 % change on previous year | 2.52 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.91 % change on previous year | -0.464 % change on previous year | 2.94 % change on previous year | 8 |
| 2000s | 1.29 % change on previous year | -4.04 % change on previous year | 3.52 % change on previous year | 10 |
| 2010s | 1.72 % change on previous year | 0.2842 % change on previous year | 2.96 % change on previous year | 10 |
| 2020s | 0.7814 % change on previous year | -5.16 % change on previous year | 5.28 % change on previous year | 8 |
Countries ranked near Western Europe
- 82 Bahrain 3.28 % change on previous year compare
- 83 Israel 3.28 % change on previous year compare
- 84 Senegal 3.27 % change on previous year compare
- 85 Nicaragua 3.26 % change on previous year compare
- 86 Saudi Arabia 3.25 % change on previous year compare
- 87 Congo 3.23 % change on previous year compare
- 88 North Macedonia 3.2 % change on previous year compare
More economy & growth data for Western Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 12.78 million (2027)
- Gross Fixed Capital Formation — Value US$ 2.48 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 56,453 USD (2024)
- Gross Domestic Product — Value US$ 11.28 million million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.4755 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.3119 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.22 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 0.7042 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -1.68 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth -1.68 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product, gdp in millions constant 2021 international $ in Western Europe?
- Gross domestic product, gdp in millions constant 2021 international $ in Western Europe was 1.35 % change on previous year in 2027, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Western Europe?
- The highest recorded value was 5.28 % change on previous year in 2021.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Western Europe?
- The lowest recorded value was -5.16 % change on previous year in 2020.
- How does Western Europe rank for gross domestic product, gdp in millions constant 2021 international $?
- Western Europe ranks 85th out of 86 groups with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Western Europe?
- Over the last ten years it is down 42.6%. The long-run trend across the full record is volatile.
- Where does this Western Europe data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.