Gross Domestic Product — Value US$ in Eastern Europe
Eastern Europe: Gross Domestic Product — Value US$ was 4.49 million million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Eastern Europe, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$ in Eastern Europe is 4.49 million million USD, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 6.2% on the previous year and up 27.0% over ten years.
Over the whole period, gross domestic product — value us$ in Eastern Europe peaked at 4.49 million million USD in 2024 and was at its lowest, 599,846 million USD, in 1999.
Eastern Europe ranks 13th of 29 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ in Eastern Europe, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 760,506 million USD | — |
| 1971 | 816,555 million USD | +7.4% |
| 1972 | 917,359 million USD | +12.3% |
| 1973 | 1.09 million million USD | +19.2% |
| 1974 | 1.15 million million USD | +4.9% |
| 1975 | 1.25 million million USD | +9.0% |
| 1976 | 1.31 million million USD | +5.1% |
| 1977 | 1.44 million million USD | +9.5% |
| 1978 | 1.02 million million USD | -29.3% |
| 1979 | 1.09 million million USD | +7.3% |
| 1980 | 1.12 million million USD | +2.6% |
| 1981 | 1.10 million million USD | -2.1% |
| 1982 | 1.17 million million USD | +6.8% |
| 1983 | 1.21 million million USD | +3.2% |
| 1984 | 1.14 million million USD | -5.5% |
| 1985 | 1.12 million million USD | -1.6% |
| 1986 | 1.08 million million USD | -3.8% |
| 1987 | 1.04 million million USD | -4.0% |
| 1988 | 1.03 million million USD | -0.5% |
| 1989 | 1.04 million million USD | +0.4% |
| 1990 | 1.01 million million USD | -2.3% |
| 1991 | 877,670 million USD | -13.4% |
| 1992 | 807,584 million USD | -8.0% |
| 1993 | 784,350 million USD | -2.9% |
| 1994 | 746,277 million USD | -4.9% |
| 1995 | 795,844 million USD | +6.6% |
| 1996 | 804,585 million USD | +1.1% |
| 1997 | 815,402 million USD | +1.3% |
| 1998 | 704,925 million USD | -13.5% |
| 1999 | 599,846 million USD | -14.9% |
| 2000 | 659,859 million USD | +10.0% |
| 2001 | 752,372 million USD | +14.0% |
| 2002 | 846,162 million USD | +12.5% |
| 2003 | 1.02 million million USD | +21.1% |
| 2004 | 1.32 million million USD | +28.4% |
| 2005 | 1.63 million million USD | +23.9% |
| 2006 | 1.99 million million USD | +21.8% |
| 2007 | 2.57 million million USD | +29.4% |
| 2008 | 3.23 million million USD | +25.8% |
| 2009 | 2.51 million million USD | -22.4% |
| 2010 | 2.87 million million USD | +14.6% |
| 2011 | 3.53 million million USD | +22.9% |
| 2012 | 3.62 million million USD | +2.6% |
| 2013 | 3.77 million million USD | +4.1% |
| 2014 | 3.53 million million USD | -6.3% |
| 2015 | 2.63 million million USD | -25.5% |
| 2016 | 2.56 million million USD | -2.9% |
| 2017 | 3.01 million million USD | +17.7% |
| 2018 | 3.28 million million USD | +9.1% |
| 2019 | 3.37 million million USD | +2.7% |
| 2020 | 3.17 million million USD | -6.1% |
| 2021 | 3.78 million million USD | +19.4% |
| 2022 | 4.20 million million USD | +11.0% |
| 2023 | 4.23 million million USD | +0.7% |
| 2024 | 4.49 million million USD | +6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.08 million million USD | 760,506 million USD | 1.44 million million USD | 10 |
| 1980s | 1.10 million million USD | 1.03 million million USD | 1.21 million million USD | 10 |
| 1990s | 794,962 million USD | 599,846 million USD | 1.01 million million USD | 10 |
| 2000s | 1.65 million million USD | 659,859 million USD | 3.23 million million USD | 10 |
| 2010s | 3.22 million million USD | 2.56 million million USD | 3.77 million million USD | 10 |
| 2020s | 3.97 million million USD | 3.17 million million USD | 4.49 million million USD | 5 |
Countries ranked near Eastern Europe
- 10 Australia and New Zealand 2.09 million million USD compare
- 11 Russian Federation 2.09 million million USD compare
- 12 Republic of Korea 1.87 million million USD compare
- 13 Mexico 1.85 million million USD compare
- 14 Australia 1.84 million million USD compare
- 15 Spain 1.72 million million USD compare
- 16 Indonesia 1.40 million million USD compare
More economy & growth data for Eastern Europe
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 130.82 USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 739,675 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 967,628 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 21.57 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 3.58 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.2 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 6.54 % (2024)
- Gross Domestic Product — Annual growth US$ 6.16 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.21 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 15,743 USD (2024)
Frequently asked questions
- What is gross domestic product — value us$ in Eastern Europe?
- Gross domestic product — value us$ in Eastern Europe was 4.49 million million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Eastern Europe?
- The highest recorded value was 4.49 million million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Eastern Europe?
- The lowest recorded value was 599,846 million USD in 1999.
- How does Eastern Europe rank for gross domestic product — value us$?
- Eastern Europe ranks 13th out of 29 groups with data for 2024.
- Is gross domestic product — value us$ rising or falling in Eastern Europe?
- Over the last ten years it is up 27.0%. The long-run trend across the full record is volatile.
- Where does this Eastern Europe data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$. 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).