Gross value added at basic prices (GVA) (constant 2015 US$) in Euro area
Euro area: Gross value added at basic prices (GVA) (constant 2015 US$) was 12.32 trillion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
12.32 trillion constant 2015 US$
Change on year
up 1.4%
Rank
5th
of 34 groups
All-time high
12.32 trillion constant 2015 US$
in 2025
All-time low
4.00 trillion constant 2015 US$
in 1970
Years of data
56
1970–2025
Gross value added at basic prices (GVA) in Euro area, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Euro area is 12.32 trillion constant 2015 US$, measured in 2025. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 1.4% on the previous year and up 16.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in Euro area peaked at 12.32 trillion constant 2015 US$ in 2025 and was at its lowest, 4.00 trillion constant 2015 US$, in 1970.
That places Euro area 5th out of 34 groups with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 56 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$) in Euro area, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 4.00 trillion constant 2015 US$ | — |
| 1971 | 4.15 trillion constant 2015 US$ | +3.7% |
| 1972 | 4.35 trillion constant 2015 US$ | +4.8% |
| 1973 | 4.62 trillion constant 2015 US$ | +6.2% |
| 1974 | 4.80 trillion constant 2015 US$ | +4.0% |
| 1975 | 4.75 trillion constant 2015 US$ | -1.1% |
| 1976 | 4.98 trillion constant 2015 US$ | +4.9% |
| 1977 | 5.15 trillion constant 2015 US$ | +3.3% |
| 1978 | 5.30 trillion constant 2015 US$ | +3.1% |
| 1979 | 5.51 trillion constant 2015 US$ | +3.8% |
| 1980 | 5.64 trillion constant 2015 US$ | +2.3% |
| 1981 | 5.67 trillion constant 2015 US$ | +0.7% |
| 1982 | 5.71 trillion constant 2015 US$ | +0.6% |
| 1983 | 5.79 trillion constant 2015 US$ | +1.5% |
| 1984 | 5.94 trillion constant 2015 US$ | +2.5% |
| 1985 | 6.08 trillion constant 2015 US$ | +2.4% |
| 1986 | 6.23 trillion constant 2015 US$ | +2.5% |
| 1987 | 6.38 trillion constant 2015 US$ | +2.4% |
| 1988 | 6.66 trillion constant 2015 US$ | +4.3% |
| 1989 | 6.93 trillion constant 2015 US$ | +4.2% |
| 1990 | 7.17 trillion constant 2015 US$ | +3.5% |
| 1991 | 7.36 trillion constant 2015 US$ | +2.6% |
| 1992 | 7.46 trillion constant 2015 US$ | +1.3% |
| 1993 | 7.41 trillion constant 2015 US$ | -0.7% |
| 1994 | 7.57 trillion constant 2015 US$ | +2.2% |
| 1995 | 7.76 trillion constant 2015 US$ | +2.5% |
| 1996 | 7.89 trillion constant 2015 US$ | +1.6% |
| 1997 | 8.10 trillion constant 2015 US$ | +2.7% |
| 1998 | 8.34 trillion constant 2015 US$ | +3.0% |
| 1999 | 8.58 trillion constant 2015 US$ | +2.8% |
| 2000 | 8.92 trillion constant 2015 US$ | +4.0% |
| 2001 | 9.12 trillion constant 2015 US$ | +2.3% |
| 2002 | 9.22 trillion constant 2015 US$ | +1.0% |
| 2003 | 9.28 trillion constant 2015 US$ | +0.7% |
| 2004 | 9.51 trillion constant 2015 US$ | +2.5% |
| 2005 | 9.68 trillion constant 2015 US$ | +1.7% |
| 2006 | 10.00 trillion constant 2015 US$ | +3.4% |
| 2007 | 10.33 trillion constant 2015 US$ | +3.3% |
| 2008 | 10.40 trillion constant 2015 US$ | +0.7% |
| 2009 | 9.93 trillion constant 2015 US$ | -4.6% |
| 2010 | 10.15 trillion constant 2015 US$ | +2.2% |
| 2011 | 10.35 trillion constant 2015 US$ | +1.9% |
| 2012 | 10.26 trillion constant 2015 US$ | -0.8% |
| 2013 | 10.26 trillion constant 2015 US$ | -0.0% |
| 2014 | 10.40 trillion constant 2015 US$ | +1.4% |
| 2015 | 10.61 trillion constant 2015 US$ | +2.0% |
| 2016 | 10.79 trillion constant 2015 US$ | +1.7% |
| 2017 | 11.08 trillion constant 2015 US$ | +2.6% |
| 2018 | 11.29 trillion constant 2015 US$ | +1.9% |
| 2019 | 11.47 trillion constant 2015 US$ | +1.6% |
| 2020 | 10.79 trillion constant 2015 US$ | -5.9% |
| 2021 | 11.48 trillion constant 2015 US$ | +6.4% |
| 2022 | 11.95 trillion constant 2015 US$ | +4.1% |
| 2023 | 12.03 trillion constant 2015 US$ | +0.7% |
| 2024 | 12.15 trillion constant 2015 US$ | +1.0% |
| 2025 | 12.32 trillion constant 2015 US$ | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.76 trillion constant 2015 US$ | 4.00 trillion constant 2015 US$ | 5.51 trillion constant 2015 US$ | 10 |
| 1980s | 6.10 trillion constant 2015 US$ | 5.64 trillion constant 2015 US$ | 6.93 trillion constant 2015 US$ | 10 |
| 1990s | 7.76 trillion constant 2015 US$ | 7.17 trillion constant 2015 US$ | 8.58 trillion constant 2015 US$ | 10 |
| 2000s | 9.64 trillion constant 2015 US$ | 8.92 trillion constant 2015 US$ | 10.40 trillion constant 2015 US$ | 10 |
| 2010s | 10.67 trillion constant 2015 US$ | 10.15 trillion constant 2015 US$ | 11.47 trillion constant 2015 US$ | 10 |
| 2020s | 11.79 trillion constant 2015 US$ | 10.79 trillion constant 2015 US$ | 12.32 trillion constant 2015 US$ | 6 |
Countries ranked near Euro area
- 2 India 3.37 trillion constant 2015 US$ compare
- 3 Germany 3.30 trillion constant 2015 US$ compare
- 4 United Kingdom 3.02 trillion constant 2015 US$ compare
- 5 France 2.46 trillion constant 2015 US$ compare
- 6 Italy 1.84 trillion constant 2015 US$ compare
- 7 South Korea 1.81 trillion constant 2015 US$ compare
- 8 Brazil 1.78 trillion constant 2015 US$ compare
More economy & growth data for Euro area
- Foreign direct investment, net outflows (BoP, current US$), per capita 684.21 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0136 BoP, current US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.47 % change on previous year (2025)
- Final consumption expenditure (current US$), per capita 37,260 current US$ per person (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.742 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 20,341 constant 2015 US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 84.93 billion BoP, current US$ (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4051 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.5677 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 8.5 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Euro area?
- Gross value added at basic prices (gva) in Euro area was 12.32 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Euro area?
- The highest recorded value was 12.32 trillion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Euro area?
- The lowest recorded value was 4.00 trillion constant 2015 US$ in 1970.
- How does Euro area rank for gross value added at basic prices (gva)?
- Euro area ranks 5th out of 34 groups with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Euro area?
- Over the last ten years it is up 16.1%. The long-run trend across the full record is rising.
- Where does this Euro area data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.