Gross Domestic Product — Value US$ per capita, 2015 prices in European Union (27)
European Union (27): Gross Domestic Product — Value US$ per capita, 2015 prices was 34,842 USD in 2024. ▲ Rising
Gross Domestic Product — Value US$ per capita, 2015 prices in European Union (27), 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gross domestic product — value us$ per capita, 2015 prices in European Union (27) is 34,842 USD, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 1.1% on the previous year and up 15.7% over ten years.
Over the whole period, gross domestic product — value us$ per capita, 2015 prices in European Union (27) peaked at 34,842 USD in 2024 and was at its lowest, 13,782 USD, in 1970.
European Union (27) ranks 6th of 29 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$ per capita, 2015 prices in European Union (27), year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 13,782 USD | — |
| 1971 | 14,219 USD | +3.2% |
| 1972 | 14,783 USD | +4.0% |
| 1973 | 15,573 USD | +5.3% |
| 1974 | 16,000 USD | +2.7% |
| 1975 | 15,884 USD | -0.7% |
| 1976 | 16,608 USD | +4.6% |
| 1977 | 17,056 USD | +2.7% |
| 1978 | 17,517 USD | +2.7% |
| 1979 | 18,129 USD | +3.5% |
| 1980 | 18,376 USD | +1.4% |
| 1981 | 18,343 USD | -0.2% |
| 1982 | 18,415 USD | +0.4% |
| 1983 | 18,667 USD | +1.4% |
| 1984 | 19,116 USD | +2.4% |
| 1985 | 19,512 USD | +2.1% |
| 1986 | 19,970 USD | +2.3% |
| 1987 | 20,413 USD | +2.2% |
| 1988 | 21,166 USD | +3.7% |
| 1989 | 21,855 USD | +3.3% |
| 1990 | 22,434 USD | +2.7% |
| 1991 | 22,785 USD | +1.6% |
| 1992 | 22,376 USD | -1.8% |
| 1993 | 21,682 USD | -3.1% |
| 1994 | 22,206 USD | +2.4% |
| 1995 | 22,779 USD | +2.6% |
| 1996 | 23,204 USD | +1.9% |
| 1997 | 23,791 USD | +2.5% |
| 1998 | 24,507 USD | +3.0% |
| 1999 | 25,225 USD | +2.9% |
| 2000 | 26,468 USD | +4.9% |
| 2001 | 26,980 USD | +1.9% |
| 2002 | 27,192 USD | +0.8% |
| 2003 | 27,347 USD | +0.6% |
| 2004 | 27,955 USD | +2.2% |
| 2005 | 28,411 USD | +1.6% |
| 2006 | 29,348 USD | +3.3% |
| 2007 | 30,179 USD | +2.8% |
| 2008 | 30,260 USD | +0.3% |
| 2009 | 28,880 USD | -4.6% |
| 2010 | 29,449 USD | +2.0% |
| 2011 | 29,970 USD | +1.8% |
| 2012 | 29,704 USD | -0.9% |
| 2013 | 29,667 USD | -0.1% |
| 2014 | 30,112 USD | +1.5% |
| 2015 | 30,760 USD | +2.2% |
| 2016 | 31,288 USD | +1.7% |
| 2017 | 32,105 USD | +2.6% |
| 2018 | 32,705 USD | +1.9% |
| 2019 | 33,255 USD | +1.7% |
| 2020 | 31,372 USD | -5.7% |
| 2021 | 33,372 USD | +6.4% |
| 2022 | 34,430 USD | +3.2% |
| 2023 | 34,458 USD | +0.1% |
| 2024 | 34,842 USD | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15,955 USD | 13,782 USD | 18,129 USD | 10 |
| 1980s | 19,583 USD | 18,343 USD | 21,855 USD | 10 |
| 1990s | 23,099 USD | 21,682 USD | 25,225 USD | 10 |
| 2000s | 28,302 USD | 26,468 USD | 30,260 USD | 10 |
| 2010s | 30,901 USD | 29,449 USD | 33,255 USD | 10 |
| 2020s | 33,695 USD | 31,372 USD | 34,842 USD | 5 |
Countries ranked near European Union (27)
- 3 Bermuda 112,842 USD compare
- 4 Luxembourg 106,385 USD compare
- 5 Iran (Islamic Republic of) 5,892 USD compare
- 5 Ireland 93,695 USD compare
- 6 Switzerland 90,911 USD compare
- 6 Viet Nam 4,002 USD compare
- 7 Cayman Islands 82,382 USD compare
- 7 Micronesia 3,796 USD compare
- 8 Norway 79,745 USD compare
- 8 Venezuela (Bolivarian Republic of) 3,716 USD compare
- 9 Singapore 69,292 USD compare
- 9 Melanesia 3,365 USD compare
More economy & growth data for European Union (27)
- Gross Fixed Capital Formation — Value US$, 2015 prices 3.30 million million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.11 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.03 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.5 % (2024)
- Gross Domestic Product — Annual growth US$ 4.41 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 15.69 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 43,110 USD (2024)
- Gross Domestic Product — Value US$ 19.41 million million USD (2024)
- Gross Fixed Capital Formation — Value US$ 4.15 million million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 21.37 % (2024)
Frequently asked questions
- What is gross domestic product — value us$ per capita, 2015 prices in European Union (27)?
- Gross domestic product — value us$ per capita, 2015 prices in European Union (27) was 34,842 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita, 2015 prices recorded in European Union (27)?
- The highest recorded value was 34,842 USD in 2024.
- What is the lowest gross domestic product — value us$ per capita, 2015 prices recorded in European Union (27)?
- The lowest recorded value was 13,782 USD in 1970.
- How does European Union (27) rank for gross domestic product — value us$ per capita, 2015 prices?
- European Union (27) ranks 6th out of 29 groups with data for 2024.
- Is gross domestic product — value us$ per capita, 2015 prices rising or falling in European Union (27)?
- Over the last ten years it is up 15.7%. The long-run trend across the full record is rising.
- Where does this European Union (27) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$ per capita, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).