Gross value added at basic prices (GVA) (constant 2015 US$), annual in European Union
European Union: Gross value added at basic prices (GVA) (constant 2015 US$), annual was 1.48 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), annual in European Union, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
European Union recorded 1.48 % change on previous year for gross value added at basic prices (gva) (constant 2015 us$), annual in 2025.
The figure is up 40.8% on the previous year and down 32.6% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), annual in European Union peaked at 6.33 % change on previous year in 2021 and was at its lowest, -5.49 % change on previous year, in 2020.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant 2015 US$), annual in European Union, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 3.68 % change on previous year | — |
| 1972 | 4.69 % change on previous year | +27.5% |
| 1973 | 6.03 % change on previous year | +28.7% |
| 1974 | 3.86 % change on previous year | -35.9% |
| 1975 | -1.02 % change on previous year | -126.4% |
| 1976 | 4.79 % change on previous year | -569.5% |
| 1977 | 3.06 % change on previous year | -36.2% |
| 1978 | 2.97 % change on previous year | -3.1% |
| 1979 | 3.84 % change on previous year | +29.4% |
| 1980 | 2.36 % change on previous year | -38.5% |
| 1981 | 0.6559 % change on previous year | -72.2% |
| 1982 | 0.7236 % change on previous year | +10.3% |
| 1983 | 1.51 % change on previous year | +108.1% |
| 1984 | 2.64 % change on previous year | +75.1% |
| 1985 | 2.41 % change on previous year | -8.5% |
| 1986 | 2.51 % change on previous year | +4.1% |
| 1987 | 2.38 % change on previous year | -5.3% |
| 1988 | 4.16 % change on previous year | +74.8% |
| 1989 | 4.03 % change on previous year | -3.1% |
| 1990 | 3.34 % change on previous year | -17.2% |
| 1991 | 2.07 % change on previous year | -37.9% |
| 1992 | 1.06 % change on previous year | -49.0% |
| 1993 | -0.6275 % change on previous year | -159.4% |
| 1994 | 2.35 % change on previous year | -473.9% |
| 1995 | 2.69 % change on previous year | +14.8% |
| 1996 | 1.81 % change on previous year | -32.9% |
| 1997 | 2.63 % change on previous year | +45.4% |
| 1998 | 2.93 % change on previous year | +11.4% |
| 1999 | 2.88 % change on previous year | -1.8% |
| 2000 | 4.05 % change on previous year | +40.7% |
| 2001 | 2.25 % change on previous year | -44.4% |
| 2002 | 1.17 % change on previous year | -48.1% |
| 2003 | 0.8518 % change on previous year | -27.0% |
| 2004 | 2.72 % change on previous year | +219.3% |
| 2005 | 1.92 % change on previous year | -29.6% |
| 2006 | 3.62 % change on previous year | +88.7% |
| 2007 | 3.39 % change on previous year | -6.2% |
| 2008 | 0.8513 % change on previous year | -74.9% |
| 2009 | -4.39 % change on previous year | -615.6% |
| 2010 | 2.28 % change on previous year | -151.9% |
| 2011 | 2.11 % change on previous year | -7.4% |
| 2012 | -0.6826 % change on previous year | -132.4% |
| 2013 | 0.0803 % change on previous year | -111.8% |
| 2014 | 1.63 % change on previous year | +1931.3% |
| 2015 | 2.19 % change on previous year | +34.4% |
| 2016 | 1.84 % change on previous year | -15.9% |
| 2017 | 2.84 % change on previous year | +54.0% |
| 2018 | 2.12 % change on previous year | -25.4% |
| 2019 | 1.87 % change on previous year | -11.5% |
| 2020 | -5.49 % change on previous year | -393.4% |
| 2021 | 6.33 % change on previous year | -215.2% |
| 2022 | 3.93 % change on previous year | -37.9% |
| 2023 | 0.7616 % change on previous year | -80.6% |
| 2024 | 1.05 % change on previous year | +37.6% |
| 2025 | 1.48 % change on previous year | +40.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.54 % change on previous year | -1.02 % change on previous year | 6.03 % change on previous year | 9 |
| 1980s | 2.34 % change on previous year | 0.6559 % change on previous year | 4.16 % change on previous year | 10 |
| 1990s | 2.11 % change on previous year | -0.6275 % change on previous year | 3.34 % change on previous year | 10 |
| 2000s | 1.64 % change on previous year | -4.39 % change on previous year | 4.05 % change on previous year | 10 |
| 2010s | 1.63 % change on previous year | -0.6826 % change on previous year | 2.84 % change on previous year | 10 |
| 2020s | 1.34 % change on previous year | -5.49 % change on previous year | 6.33 % change on previous year | 6 |
Countries ranked near European Union
More economy & growth data for European Union
- Gross value added at basic prices (GVA) (current US$), per capita 42,248 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8972 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 8.67 % change on previous year (2025)
- Gross domestic savings (current US$), per capita 12,148 current US$ per person (2025)
- Imports of goods and services 9.73 trillion current US$ (2025)
- Imports of goods and services 7.74 trillion constant 2015 US$ (2025)
- Imports of goods and services 3.7% (2025)
- Imports of goods and services 45.8% (2025)
- External balance on goods and services 3.8% (2025)
- Trade 90.1% (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), annual in European Union?
- Gross value added at basic prices (gva) (constant 2015 us$), annual in European Union was 1.48 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in European Union?
- The highest recorded value was 6.33 % change on previous year in 2021.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in European Union?
- The lowest recorded value was -5.49 % change on previous year in 2020.
- How does European Union rank for gross value added at basic prices (gva) (constant 2015 us$), annual?
- European Union ranks 1st out of 2 groups with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), annual rising or falling in European Union?
- Over the last ten years it is down 32.6%. The long-run trend across the full record is volatile.
- Where does this European Union data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
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 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.