Gross value added at basic prices (GVA) (constant 2015 US$) in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Gross value added at basic prices (GVA) (constant 2015 US$) was 2.05 trillion constant 2015 US$ in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Europe & Central Asia (excluding high income), 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross value added at basic prices (gva) in Europe & Central Asia (excluding high income) stood at 2.05 trillion constant 2015 US$. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 51.0% over ten years.
Over the whole period, gross value added at basic prices (gva) in Europe & Central Asia (excluding high income) peaked at 2.05 trillion constant 2015 US$ in 2025 and was at its lowest, 530.60 billion constant 2015 US$, in 1994.
That places Europe & Central Asia (excluding high income) 18th out of 34 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$) in Europe & Central Asia (excluding high income), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1990 | 637.08 billion constant 2015 US$ | — |
| 1991 | 611.01 billion constant 2015 US$ | -4.1% |
| 1992 | 593.85 billion constant 2015 US$ | -2.8% |
| 1993 | 583.35 billion constant 2015 US$ | -1.8% |
| 1994 | 530.60 billion constant 2015 US$ | -9.0% |
| 1995 | 539.68 billion constant 2015 US$ | +1.7% |
| 1996 | 554.28 billion constant 2015 US$ | +2.7% |
| 1997 | 581.26 billion constant 2015 US$ | +4.9% |
| 1998 | 597.04 billion constant 2015 US$ | +2.7% |
| 1999 | 589.29 billion constant 2015 US$ | -1.3% |
| 2000 | 628.25 billion constant 2015 US$ | +6.6% |
| 2001 | 630.38 billion constant 2015 US$ | +0.3% |
| 2002 | 671.31 billion constant 2015 US$ | +6.5% |
| 2003 | 715.51 billion constant 2015 US$ | +6.6% |
| 2004 | 785.07 billion constant 2015 US$ | +9.7% |
| 2005 | 848.23 billion constant 2015 US$ | +8.0% |
| 2006 | 917.22 billion constant 2015 US$ | +8.1% |
| 2007 | 981.76 billion constant 2015 US$ | +7.0% |
| 2008 | 1.01 trillion constant 2015 US$ | +3.0% |
| 2009 | 979.67 billion constant 2015 US$ | -3.1% |
| 2010 | 1.04 trillion constant 2015 US$ | +6.6% |
| 2011 | 1.14 trillion constant 2015 US$ | +8.8% |
| 2012 | 1.19 trillion constant 2015 US$ | +4.6% |
| 2013 | 1.26 trillion constant 2015 US$ | +6.3% |
| 2014 | 1.31 trillion constant 2015 US$ | +3.7% |
| 2015 | 1.36 trillion constant 2015 US$ | +3.3% |
| 2016 | 1.39 trillion constant 2015 US$ | +2.8% |
| 2017 | 1.48 trillion constant 2015 US$ | +6.2% |
| 2018 | 1.54 trillion constant 2015 US$ | +4.1% |
| 2019 | 1.58 trillion constant 2015 US$ | +2.9% |
| 2020 | 1.58 trillion constant 2015 US$ | -0.2% |
| 2021 | 1.74 trillion constant 2015 US$ | +10.0% |
| 2022 | 1.81 trillion constant 2015 US$ | +3.8% |
| 2023 | 1.89 trillion constant 2015 US$ | +4.5% |
| 2024 | 1.97 trillion constant 2015 US$ | +4.1% |
| 2025 | 2.05 trillion constant 2015 US$ | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 581.74 billion constant 2015 US$ | 530.60 billion constant 2015 US$ | 637.08 billion constant 2015 US$ | 10 |
| 2000s | 816.82 billion constant 2015 US$ | 628.25 billion constant 2015 US$ | 1.01 trillion constant 2015 US$ | 10 |
| 2010s | 1.33 trillion constant 2015 US$ | 1.04 trillion constant 2015 US$ | 1.58 trillion constant 2015 US$ | 10 |
| 2020s | 1.84 trillion constant 2015 US$ | 1.58 trillion constant 2015 US$ | 2.05 trillion constant 2015 US$ | 6 |
Countries ranked near Europe & Central Asia (excluding high income)
- 15 Turkey 1.20 trillion constant 2015 US$ compare
- 16 Saudi Arabia 914.39 billion constant 2015 US$ compare
- 17 Netherlands 848.45 billion constant 2015 US$ compare
- 18 Switzerland 826.32 billion constant 2015 US$ compare
- 19 Poland 599.73 billion constant 2015 US$ compare
- 20 Nigeria 546.85 billion constant 2015 US$ compare
- 21 Ireland 544.74 billion constant 2015 US$ compare
More economy & growth data for Europe & Central Asia (excluding high income)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,786 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1606 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 16.87 % change on previous year (2025)
- General government final consumption expenditure (current US$) 15.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 68.56 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 20.44 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 5.18 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0018 BoP, current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,304 constant 2015 US$ per person (2025)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is gross value added at basic prices (gva) in Europe & Central Asia (excluding high income)?
- Gross value added at basic prices (gva) in Europe & Central Asia (excluding high income) was 2.05 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 Europe & Central Asia (excluding high income)?
- The highest recorded value was 2.05 trillion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 530.60 billion constant 2015 US$ in 1994.
- How does Europe & Central Asia (excluding high income) rank for gross value added at basic prices (gva)?
- Europe & Central Asia (excluding high income) ranks 18th out of 34 groups with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is up 51.0%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia (excluding high income) 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.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.