Gross value added at basic prices (GVA) (constant 2015 US$), per in European Union
European Union: Gross value added at basic prices (GVA) (constant 2015 US$), per was 31,724 constant 2015 US$ per person in 2025. ▲ Rising
Gross value added at basic prices (GVA) (constant 2015 US$), per in European Union, 1970–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
European Union recorded 31,724 constant 2015 US$ per person for gross value added at basic prices (gva) (constant 2015 us$), per in 2025. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 1.3% on the previous year and up 15.6% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per in European Union peaked at 31,724 constant 2015 US$ per person in 2025 and was at its lowest, 11,752 constant 2015 US$ per person, in 1970.
The long-run direction has been consistently rising across the 56 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$), per in European Union, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1970 | 11,752 constant 2015 US$ per person | — |
| 1971 | 12,116 constant 2015 US$ per person | +3.1% |
| 1972 | 12,599 constant 2015 US$ per person | +4.0% |
| 1973 | 13,272 constant 2015 US$ per person | +5.3% |
| 1974 | 13,702 constant 2015 US$ per person | +3.2% |
| 1975 | 13,485 constant 2015 US$ per person | -1.6% |
| 1976 | 14,058 constant 2015 US$ per person | +4.2% |
| 1977 | 14,417 constant 2015 US$ per person | +2.6% |
| 1978 | 14,776 constant 2015 US$ per person | +2.5% |
| 1979 | 15,275 constant 2015 US$ per person | +3.4% |
| 1980 | 15,564 constant 2015 US$ per person | +1.9% |
| 1981 | 15,600 constant 2015 US$ per person | +0.2% |
| 1982 | 15,664 constant 2015 US$ per person | +0.4% |
| 1983 | 15,858 constant 2015 US$ per person | +1.2% |
| 1984 | 16,240 constant 2015 US$ per person | +2.4% |
| 1985 | 16,592 constant 2015 US$ per person | +2.2% |
| 1986 | 16,963 constant 2015 US$ per person | +2.2% |
| 1987 | 17,316 constant 2015 US$ per person | +2.1% |
| 1988 | 17,977 constant 2015 US$ per person | +3.8% |
| 1989 | 18,636 constant 2015 US$ per person | +3.7% |
| 1990 | 19,193 constant 2015 US$ per person | +3.0% |
| 1991 | 19,534 constant 2015 US$ per person | +1.8% |
| 1992 | 19,684 constant 2015 US$ per person | +0.8% |
| 1993 | 19,497 constant 2015 US$ per person | -0.9% |
| 1994 | 19,904 constant 2015 US$ per person | +2.1% |
| 1995 | 20,402 constant 2015 US$ per person | +2.5% |
| 1996 | 20,737 constant 2015 US$ per person | +1.6% |
| 1997 | 21,250 constant 2015 US$ per person | +2.5% |
| 1998 | 21,844 constant 2015 US$ per person | +2.8% |
| 1999 | 22,435 constant 2015 US$ per person | +2.7% |
| 2000 | 23,315 constant 2015 US$ per person | +3.9% |
| 2001 | 23,808 constant 2015 US$ per person | +2.1% |
| 2002 | 24,029 constant 2015 US$ per person | +0.9% |
| 2003 | 24,145 constant 2015 US$ per person | +0.5% |
| 2004 | 24,705 constant 2015 US$ per person | +2.3% |
| 2005 | 25,086 constant 2015 US$ per person | +1.5% |
| 2006 | 25,906 constant 2015 US$ per person | +3.3% |
| 2007 | 26,691 constant 2015 US$ per person | +3.0% |
| 2008 | 26,828 constant 2015 US$ per person | +0.5% |
| 2009 | 25,586 constant 2015 US$ per person | -4.6% |
| 2010 | 26,126 constant 2015 US$ per person | +2.1% |
| 2011 | 26,718 constant 2015 US$ per person | +2.3% |
| 2012 | 26,496 constant 2015 US$ per person | -0.8% |
| 2013 | 26,496 constant 2015 US$ per person | -0.0% |
| 2014 | 26,898 constant 2015 US$ per person | +1.5% |
| 2015 | 27,433 constant 2015 US$ per person | +2.0% |
| 2016 | 27,883 constant 2015 US$ per person | +1.6% |
| 2017 | 28,632 constant 2015 US$ per person | +2.7% |
| 2018 | 29,190 constant 2015 US$ per person | +1.9% |
| 2019 | 29,679 constant 2015 US$ per person | +1.7% |
| 2020 | 28,052 constant 2015 US$ per person | -5.5% |
| 2021 | 29,869 constant 2015 US$ per person | +6.5% |
| 2022 | 30,974 constant 2015 US$ per person | +3.7% |
| 2023 | 31,092 constant 2015 US$ per person | +0.4% |
| 2024 | 31,325 constant 2015 US$ per person | +0.7% |
| 2025 | 31,724 constant 2015 US$ per person | +1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13,545 constant 2015 US$ per person | 11,752 constant 2015 US$ per person | 15,275 constant 2015 US$ per person | 10 |
| 1980s | 16,641 constant 2015 US$ per person | 15,564 constant 2015 US$ per person | 18,636 constant 2015 US$ per person | 10 |
| 1990s | 20,448 constant 2015 US$ per person | 19,193 constant 2015 US$ per person | 22,435 constant 2015 US$ per person | 10 |
| 2000s | 25,010 constant 2015 US$ per person | 23,315 constant 2015 US$ per person | 26,828 constant 2015 US$ per person | 10 |
| 2010s | 27,555 constant 2015 US$ per person | 26,126 constant 2015 US$ per person | 29,679 constant 2015 US$ per person | 10 |
| 2020s | 30,506 constant 2015 US$ per person | 28,052 constant 2015 US$ per person | 31,724 constant 2015 US$ per person | 6 |
Countries ranked near European Union
- 1 Bermuda 112,409 constant 2015 US$ per person compare
- 2 Ireland 99,326 constant 2015 US$ per person compare
- 3 Luxembourg 92,937 constant 2015 US$ per person compare
- 4 Switzerland 90,880 constant 2015 US$ per person compare
- 5 Isle of Man 83,917 constant 2015 US$ per person compare
More economy & growth data for European Union
- Gross capital formation 3.44 trillion constant 2015 US$ (2025)
- Gross fixed capital formation 4.53 trillion current US$ (2025)
- Gross fixed capital formation 3.39 trillion constant 2015 US$ (2025)
- Gross fixed capital formation 2.7% (2025)
- Gross fixed capital formation 21.3% (2025)
- Gross capital formation 4.67 trillion current US$ (2025)
- Imports of goods and services 9.73 trillion current US$ (2025)
- Imports of goods and services 3.7% (2025)
- Imports of goods and services 7.74 trillion constant 2015 US$ (2025)
- Exports of goods and services 49.6% (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per in European Union?
- Gross value added at basic prices (gva) (constant 2015 us$), per in European Union was 31,724 constant 2015 US$ per person in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per recorded in European Union?
- The highest recorded value was 31,724 constant 2015 US$ per person in 2025.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per recorded in European Union?
- The lowest recorded value was 11,752 constant 2015 US$ per person in 1970.
- How does European Union rank for gross value added at basic prices (gva) (constant 2015 us$), per?
- European Union ranks 2nd out of 2 groups with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), per rising or falling in European Union?
- Over the last ten years it is up 15.6%. The long-run trend across the full record is rising.
- 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$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.