Gross value added at basic prices (GVA) in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Gross value added at basic prices (GVA) was 4.48 trillion constant 2015 US$ in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Europe & Central Asia (IDA & IBRD countries), 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Europe & Central Asia (IDA & IBRD countries) is 4.48 trillion constant 2015 US$, measured in 2025. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 2.7% on the previous year and up 37.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Europe & Central Asia (IDA & IBRD countries) peaked at 4.48 trillion constant 2015 US$ in 2025 and was at its lowest, 1.53 trillion constant 2015 US$, in 1995.
Europe & Central Asia (IDA & IBRD countries) ranks 8th of 32 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Gross value added at basic prices (GVA) in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1990 | 2.25 trillion constant 2015 US$ | — |
| 1991 | 2.14 trillion constant 2015 US$ | -5.1% |
| 1992 | 1.92 trillion constant 2015 US$ | -10.2% |
| 1993 | 1.73 trillion constant 2015 US$ | -9.9% |
| 1994 | 1.58 trillion constant 2015 US$ | -8.6% |
| 1995 | 1.53 trillion constant 2015 US$ | -2.9% |
| 1996 | 1.55 trillion constant 2015 US$ | +0.9% |
| 1997 | 1.59 trillion constant 2015 US$ | +2.5% |
| 1998 | 1.58 trillion constant 2015 US$ | -0.7% |
| 1999 | 1.61 trillion constant 2015 US$ | +2.3% |
| 2000 | 1.72 trillion constant 2015 US$ | +7.0% |
| 2001 | 1.77 trillion constant 2015 US$ | +2.8% |
| 2002 | 1.86 trillion constant 2015 US$ | +5.0% |
| 2003 | 1.98 trillion constant 2015 US$ | +6.2% |
| 2004 | 2.13 trillion constant 2015 US$ | +7.7% |
| 2005 | 2.26 trillion constant 2015 US$ | +6.2% |
| 2006 | 2.43 trillion constant 2015 US$ | +7.7% |
| 2007 | 2.62 trillion constant 2015 US$ | +7.5% |
| 2008 | 2.73 trillion constant 2015 US$ | +4.4% |
| 2009 | 2.63 trillion constant 2015 US$ | -3.9% |
| 2010 | 2.74 trillion constant 2015 US$ | +4.2% |
| 2011 | 2.91 trillion constant 2015 US$ | +6.3% |
| 2012 | 3.02 trillion constant 2015 US$ | +3.7% |
| 2013 | 3.12 trillion constant 2015 US$ | +3.2% |
| 2014 | 3.20 trillion constant 2015 US$ | +2.6% |
| 2015 | 3.25 trillion constant 2015 US$ | +1.6% |
| 2016 | 3.31 trillion constant 2015 US$ | +1.9% |
| 2017 | 3.46 trillion constant 2015 US$ | +4.5% |
| 2018 | 3.59 trillion constant 2015 US$ | +3.9% |
| 2019 | 3.70 trillion constant 2015 US$ | +2.9% |
| 2020 | 3.64 trillion constant 2015 US$ | -1.5% |
| 2021 | 3.93 trillion constant 2015 US$ | +8.0% |
| 2022 | 4.03 trillion constant 2015 US$ | +2.6% |
| 2023 | 4.19 trillion constant 2015 US$ | +3.8% |
| 2024 | 4.36 trillion constant 2015 US$ | +4.1% |
| 2025 | 4.48 trillion constant 2015 US$ | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.75 trillion constant 2015 US$ | 1.53 trillion constant 2015 US$ | 2.25 trillion constant 2015 US$ | 10 |
| 2000s | 2.21 trillion constant 2015 US$ | 1.72 trillion constant 2015 US$ | 2.73 trillion constant 2015 US$ | 10 |
| 2010s | 3.23 trillion constant 2015 US$ | 2.74 trillion constant 2015 US$ | 3.70 trillion constant 2015 US$ | 10 |
| 2020s | 4.11 trillion constant 2015 US$ | 3.64 trillion constant 2015 US$ | 4.48 trillion constant 2015 US$ | 6 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
- 5 France 2.46 trillion constant 2015 US$ compare
- 6 Italy 1.84 trillion constant 2015 US$ compare
- 7 Republic of Korea 1.81 trillion constant 2015 US$ compare
- 8 Brazil 1.78 trillion constant 2015 US$ compare
- 9 Canada 1.77 trillion constant 2015 US$ compare
- 10 Australia 1.59 trillion constant 2015 US$ compare
- 11 Russian Federation 1.51 trillion constant 2015 US$ compare
More economy & growth data for Europe & Central Asia (IDA & IBRD countries)
- Gross fixed capital formation 1.72 trillion current US$ (2025)
- Exports of goods and services 2.07 trillion current US$ (2025)
- Exports of goods and services 1.52 trillion constant 2015 US$ (2021)
- Exports of goods and services 11.3% (2021)
- Exports of goods and services 29.2% (2025)
- GDP per capita 15,300 current US$ (2025)
- Gross fixed capital formation 24.2% (2025)
- Gross capital formation 26.1% (2025)
- Gross capital formation 1.85 trillion current US$ (2025)
- Gross national expenditure 4.81 trillion constant 2015 US$ (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Europe & Central Asia (IDA & IBRD countries)?
- Gross value added at basic prices (gva) in Europe & Central Asia (IDA & IBRD countries) was 4.48 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 (IDA & IBRD countries)?
- The highest recorded value was 4.48 trillion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 1.53 trillion constant 2015 US$ in 1995.
- How does Europe & Central Asia (IDA & IBRD countries) rank for gross value added at basic prices (gva)?
- Europe & Central Asia (IDA & IBRD countries) ranks 8th out of 32 groups with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is up 37.8%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia (IDA & IBRD countries) 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.