Gross value added at basic prices (GVA) (constant 2015 US$), annual in Europe & Central Asia

Europe & Central Asia: Gross value added at basic prices (GVA) (constant 2015 US$), annual was 1.64 % change on previous year in 2025. ◆ Volatile

Latest (2025)
1.64 % change on previous year
Change on year
down 0.1%
Rank
32nd
of 32 groups
All-time high
6.88 % change on previous year
in 2021
All-time low
-5.25 % change on previous year
in 2020
Years of data
55
1971–2025

Gross value added at basic prices (GVA) (constant 2015 US$), annual in Europe & Central Asia, 1971–2025

-5-2.502.557.5197119982025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross value added at basic prices (gva) (constant 2015 us$), annual in Europe & Central Asia is 1.64 % change on previous year, measured in 2025.

Compared with earlier readings it is down 0.1% on the previous year and down 15.4% over ten years.

Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), annual in Europe & Central Asia peaked at 6.88 % change on previous year in 2021 and was at its lowest, -5.25 % change on previous year, in 2020.

Europe & Central Asia ranks 32nd of 32 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 value added at basic prices (GVA) (constant 2015 US$), annual in Europe & Central Asia, year by year

Annual values for Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate in Europe & Central Asia, 1971 to 2025.
Year % change on previous year Change
1971 3.33 % change on previous year
1972 4.46 % change on previous year +33.9%
1973 5.91 % change on previous year +32.6%
1974 3 % change on previous year -49.2%
1975 -0.8929 % change on previous year -129.7%
1976 4.46 % change on previous year -599.5%
1977 3.04 % change on previous year -31.9%
1978 3.04 % change on previous year +0.2%
1979 3.59 % change on previous year +18.0%
1980 1.52 % change on previous year -57.8%
1981 0.4372 % change on previous year -71.1%
1982 1.02 % change on previous year +132.6%
1983 1.93 % change on previous year +89.7%
1984 2.87 % change on previous year +49.0%
1985 2.66 % change on previous year -7.4%
1986 2.79 % change on previous year +4.9%
1987 2.88 % change on previous year +3.3%
1988 4.18 % change on previous year +45.1%
1989 3.58 % change on previous year -14.5%
1990 3.04 % change on previous year -15.1%
1991 0.6218 % change on previous year -79.5%
1992 -0.4507 % change on previous year -172.5%
1993 -1.28 % change on previous year +183.4%
1994 1.32 % change on previous year -203.5%
1995 2.12 % change on previous year +60.3%
1996 1.76 % change on previous year -16.8%
1997 2.9 % change on previous year +64.3%
1998 2.57 % change on previous year -11.3%
1999 2.76 % change on previous year +7.6%
2000 4.44 % change on previous year +60.7%
2001 2.3 % change on previous year -48.1%
2002 1.59 % change on previous year -30.8%
2003 1.75 % change on previous year +9.7%
2004 3.19 % change on previous year +82.5%
2005 2.67 % change on previous year -16.2%
2006 3.91 % change on previous year +46.3%
2007 3.84 % change on previous year -1.8%
2008 1.21 % change on previous year -68.4%
2009 -4.36 % change on previous year -459.0%
2010 2.66 % change on previous year -161.1%
2011 2.5 % change on previous year -6.1%
2012 0.4452 % change on previous year -82.2%
2013 0.9234 % change on previous year +107.4%
2014 2.01 % change on previous year +117.9%
2015 1.95 % change on previous year -3.3%
2016 1.88 % change on previous year -3.5%
2017 3 % change on previous year +60.0%
2018 2.25 % change on previous year -25.1%
2019 1.87 % change on previous year -17.1%
2020 -5.25 % change on previous year -381.1%
2021 6.88 % change on previous year -231.2%
2022 3.73 % change on previous year -45.8%
2023 1.25 % change on previous year -66.5%
2024 1.65 % change on previous year +31.8%
2025 1.64 % change on previous year -0.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.33 % change on previous year -0.8929 % change on previous year 5.91 % change on previous year 9
1980s 2.39 % change on previous year 0.4372 % change on previous year 4.18 % change on previous year 10
1990s 1.54 % change on previous year -1.28 % change on previous year 3.04 % change on previous year 10
2000s 2.06 % change on previous year -4.36 % change on previous year 4.44 % change on previous year 10
2010s 1.95 % change on previous year 0.4452 % change on previous year 3 % change on previous year 10
2020s 1.65 % change on previous year -5.25 % change on previous year 6.88 % change on previous year 6

Countries ranked near Europe & Central Asia

  1. 29 Uganda 6.18 % change on previous year compare
  2. 30 Gambia 6.15 % change on previous year compare
  3. 31 Cape Verde 6.06 % change on previous year compare
  4. 32 Kiribati 5.96 % change on previous year compare
  5. 33 Ghana 5.88 % change on previous year compare
  6. 34 Tanzania, United Republic of 5.85 % change on previous year compare
  7. 35 Seychelles 5.8 % change on previous year compare

See the full ranking of 227 places →

More economy & growth data for Europe & Central Asia

All data for Europe & Central Asia →

Frequently asked questions

What is gross value added at basic prices (gva) (constant 2015 us$), annual in Europe & Central Asia?
Gross value added at basic prices (gva) (constant 2015 us$), annual in Europe & Central Asia was 1.64 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Europe & Central Asia?
The highest recorded value was 6.88 % change on previous year in 2021.
What is the lowest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Europe & Central Asia?
The lowest recorded value was -5.25 % change on previous year in 2020.
How does Europe & Central Asia rank for gross value added at basic prices (gva) (constant 2015 us$), annual?
Europe & Central Asia ranks 32nd out of 32 groups with data for 2025.
Is gross value added at basic prices (gva) (constant 2015 us$), annual rising or falling in Europe & Central Asia?
Over the last ten years it is down 15.4%. The long-run trend across the full record is volatile.
Where does this Europe & Central Asia data come from?
The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant 2015 US$), annual in Europe & Central Asia. Statizoid, drawing on Statizoid (derived). Retrieved 04 September 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-annual-growth-rate/europe-and-central-asia/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-annual-growth-rate/europe-and-central-asia/">Gross value added at basic prices (GVA) (constant 2015 US$), annual in Europe & Central Asia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 9,544 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.