Gross Domestic Product, GDP in millions constant 2021 international $ in Western Europe
Western Europe: Gross Domestic Product, GDP in millions constant 2021 international $ was 12.78 million in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Western Europe, 1991–2027
Source: International Labour Organization.
Analysis
Western Europe recorded 12.78 million for gross domestic product, gdp in millions constant 2021 international $ in 2027. That is the highest value across all 37 years on record.
That represents a change of up 1.4% on the previous year and up 9.5% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Western Europe peaked at 12.78 million in 2027 and was at its lowest, 7.70 million, in 1991.
Western Europe ranks 33rd of 87 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Western Europe, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 7.70 million | — |
| 1992 | 7.84 million | +1.7% |
| 1993 | 7.80 million | -0.5% |
| 1994 | 8.00 million | +2.5% |
| 1995 | 8.15 million | +1.9% |
| 1996 | 8.26 million | +1.4% |
| 1997 | 8.47 million | +2.4% |
| 1998 | 8.71 million | +2.9% |
| 1999 | 8.96 million | +2.9% |
| 2000 | 9.28 million | +3.5% |
| 2001 | 9.44 million | +1.7% |
| 2002 | 9.48 million | +0.4% |
| 2003 | 9.50 million | +0.2% |
| 2004 | 9.70 million | +2.1% |
| 2005 | 9.85 million | +1.6% |
| 2006 | 10.18 million | +3.4% |
| 2007 | 10.49 million | +3.0% |
| 2008 | 10.59 million | +1.0% |
| 2009 | 10.16 million | -4.0% |
| 2010 | 10.46 million | +3.0% |
| 2011 | 10.77 million | +2.9% |
| 2012 | 10.80 million | +0.3% |
| 2013 | 10.85 million | +0.5% |
| 2014 | 11.04 million | +1.7% |
| 2015 | 11.20 million | +1.5% |
| 2016 | 11.40 million | +1.8% |
| 2017 | 11.67 million | +2.4% |
| 2018 | 11.86 million | +1.6% |
| 2019 | 12.05 million | +1.6% |
| 2020 | 11.42 million | -5.2% |
| 2021 | 12.03 million | +5.3% |
| 2022 | 12.36 million | +2.8% |
| 2023 | 12.38 million | +0.1% |
| 2024 | 12.42 million | +0.3% |
| 2025 | 12.49 million | +0.6% |
| 2026 | 12.61 million | +1.0% |
| 2027 | 12.78 million | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.21 million | 7.70 million | 8.96 million | 9 |
| 2000s | 9.87 million | 9.28 million | 10.59 million | 10 |
| 2010s | 11.21 million | 10.46 million | 12.05 million | 10 |
| 2020s | 12.31 million | 11.42 million | 12.78 million | 8 |
Countries ranked near Western Europe
- 30 Malaysia 1.37 million compare
- 31 Netherlands 1.32 million compare
- 32 Colombia 1.05 million compare
- 33 South Africa 905,053 compare
- 34 Singapore 853,754 compare
- 35 Kazakhstan 851,700 compare
- 36 United Arab Emirates 834,659 compare
More economy & growth data for Western Europe
- GDP Deflator — Value US$, 2015 prices 123.15 USD (2024)
- Gross Domestic Product — Value US$ 11.28 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 56,453 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 45,841 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 9.16 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 3.64 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.47 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.4755 % (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 127.32 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 0.7042 % (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 12.78 million in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Western Europe?
- The highest recorded value was 12.78 million in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Western Europe?
- The lowest recorded value was 7.70 million in 1991.
- How does Western Europe rank for gross domestic product, gdp in millions constant 2021 international $?
- Western Europe ranks 33rd out of 87 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 up 9.5%. The long-run trend across the full record is rising.
- Where does this Western Europe data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.