Gross value added at basic prices (GVA) (constant 2015 US$), per unit in European Union
European Union: Gross value added at basic prices (GVA) (constant 2015 US$), per unit was 0.6737 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in European Union, 1970–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2025, gross value added at basic prices (gva) (constant 2015 us$), per unit in European Union stood at 0.6737 constant 2015 US$ per US$ of GDP. That is the lowest value across all 56 years on record.
That represents a change of down 6.8% on the previous year and down 24.4% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in European Union peaked at 6.23 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.6737 constant 2015 US$ per US$ of GDP, in 2025.
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$), per unit in European Union, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 6.23 constant 2015 US$ per US$ of GDP | — |
| 1971 | 5.71 constant 2015 US$ per US$ of GDP | -8.3% |
| 1972 | 4.96 constant 2015 US$ per US$ of GDP | -13.2% |
| 1973 | 4.06 constant 2015 US$ per US$ of GDP | -18.0% |
| 1974 | 3.73 constant 2015 US$ per US$ of GDP | -8.3% |
| 1975 | 3.17 constant 2015 US$ per US$ of GDP | -15.0% |
| 1976 | 3.17 constant 2015 US$ per US$ of GDP | +0.1% |
| 1977 | 2.88 constant 2015 US$ per US$ of GDP | -9.0% |
| 1978 | 2.44 constant 2015 US$ per US$ of GDP | -15.5% |
| 1979 | 2.09 constant 2015 US$ per US$ of GDP | -14.1% |
| 1980 | 1.92 constant 2015 US$ per US$ of GDP | -8.5% |
| 1981 | 2.21 constant 2015 US$ per US$ of GDP | +15.3% |
| 1982 | 2.31 constant 2015 US$ per US$ of GDP | +4.4% |
| 1983 | 2.41 constant 2015 US$ per US$ of GDP | +4.4% |
| 1984 | 2.57 constant 2015 US$ per US$ of GDP | +6.5% |
| 1985 | 2.55 constant 2015 US$ per US$ of GDP | -0.4% |
| 1986 | 1.87 constant 2015 US$ per US$ of GDP | -26.6% |
| 1987 | 1.55 constant 2015 US$ per US$ of GDP | -17.2% |
| 1988 | 1.47 constant 2015 US$ per US$ of GDP | -5.1% |
| 1989 | 1.5 constant 2015 US$ per US$ of GDP | +1.9% |
| 1990 | 1.24 constant 2015 US$ per US$ of GDP | -17.4% |
| 1991 | 1.23 constant 2015 US$ per US$ of GDP | -1.2% |
| 1992 | 1.13 constant 2015 US$ per US$ of GDP | -8.0% |
| 1993 | 1.23 constant 2015 US$ per US$ of GDP | +8.8% |
| 1994 | 1.18 constant 2015 US$ per US$ of GDP | -3.5% |
| 1995 | 1.05 constant 2015 US$ per US$ of GDP | -11.4% |
| 1996 | 1.05 constant 2015 US$ per US$ of GDP | +0.2% |
| 1997 | 1.18 constant 2015 US$ per US$ of GDP | +11.9% |
| 1998 | 1.17 constant 2015 US$ per US$ of GDP | -0.1% |
| 1999 | 1.21 constant 2015 US$ per US$ of GDP | +3.4% |
| 2000 | 1.38 constant 2015 US$ per US$ of GDP | +13.3% |
| 2001 | 1.38 constant 2015 US$ per US$ of GDP | +0.6% |
| 2002 | 1.28 constant 2015 US$ per US$ of GDP | -7.5% |
| 2003 | 1.05 constant 2015 US$ per US$ of GDP | -18.0% |
| 2004 | 0.9381 constant 2015 US$ per US$ of GDP | -10.7% |
| 2005 | 0.9156 constant 2015 US$ per US$ of GDP | -2.4% |
| 2006 | 0.8881 constant 2015 US$ per US$ of GDP | -3.0% |
| 2007 | 0.7924 constant 2015 US$ per US$ of GDP | -10.8% |
| 2008 | 0.722 constant 2015 US$ per US$ of GDP | -8.9% |
| 2009 | 0.7607 constant 2015 US$ per US$ of GDP | +5.4% |
| 2010 | 0.7889 constant 2015 US$ per US$ of GDP | +3.7% |
| 2011 | 0.7429 constant 2015 US$ per US$ of GDP | -5.8% |
| 2012 | 0.7951 constant 2015 US$ per US$ of GDP | +7.0% |
| 2013 | 0.7613 constant 2015 US$ per US$ of GDP | -4.3% |
| 2014 | 0.7558 constant 2015 US$ per US$ of GDP | -0.7% |
| 2015 | 0.8915 constant 2015 US$ per US$ of GDP | +18.0% |
| 2016 | 0.8864 constant 2015 US$ per US$ of GDP | -0.6% |
| 2017 | 0.8574 constant 2015 US$ per US$ of GDP | -3.3% |
| 2018 | 0.8091 constant 2015 US$ per US$ of GDP | -5.6% |
| 2019 | 0.839 constant 2015 US$ per US$ of GDP | +3.7% |
| 2020 | 0.8085 constant 2015 US$ per US$ of GDP | -3.6% |
| 2021 | 0.7618 constant 2015 US$ per US$ of GDP | -5.8% |
| 2022 | 0.8137 constant 2015 US$ per US$ of GDP | +6.8% |
| 2023 | 0.748 constant 2015 US$ per US$ of GDP | -8.1% |
| 2024 | 0.7232 constant 2015 US$ per US$ of GDP | -3.3% |
| 2025 | 0.6737 constant 2015 US$ per US$ of GDP | -6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.84 constant 2015 US$ per US$ of GDP | 2.09 constant 2015 US$ per US$ of GDP | 6.23 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 2.04 constant 2015 US$ per US$ of GDP | 1.47 constant 2015 US$ per US$ of GDP | 2.57 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 1.17 constant 2015 US$ per US$ of GDP | 1.05 constant 2015 US$ per US$ of GDP | 1.24 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 1.01 constant 2015 US$ per US$ of GDP | 0.722 constant 2015 US$ per US$ of GDP | 1.38 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.8127 constant 2015 US$ per US$ of GDP | 0.7429 constant 2015 US$ per US$ of GDP | 0.8915 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.7548 constant 2015 US$ per US$ of GDP | 0.6737 constant 2015 US$ per US$ of GDP | 0.8137 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near European Union
- 1 Nigeria 1.88 constant 2015 US$ per US$ of GDP compare
- 2 Yemen 1.63 constant 2015 US$ per US$ of GDP compare
- 3 Turkmenistan 1.51 constant 2015 US$ per US$ of GDP compare
- 4 Iran, Islamic Republic of 1.39 constant 2015 US$ per US$ of GDP compare
- 5 Libya 1.38 constant 2015 US$ per US$ of GDP compare
More economy & growth data for European Union
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8972 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), annual 8.35 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.222 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 10,454 current US$ per person (2025)
- Industry (including construction), value added (constant 2015 US$) 2.21 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1602 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 7,541 constant 2015 US$ per person (2025)
- Services, value added (current US$), annual growth rate 8.74 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6589 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 31,026 current US$ per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per unit in European Union?
- Gross value added at basic prices (gva) (constant 2015 us$), per unit in European Union was 0.6737 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in European Union?
- The highest recorded value was 6.23 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in European Union?
- The lowest recorded value was 0.6737 constant 2015 US$ per US$ of GDP in 2025.
- How does European Union rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- European Union ranks 2nd out of 2 groups with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in European Union?
- Over the last ten years it is down 24.4%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.