Gross value added at basic prices (GVA) (current US$), per square in European Union
European Union: Gross value added at basic prices (GVA) (current US$), per square was 4.23 million current US$ per square kilometre in 2023. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), per square in European Union, 1970–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
The most recent figure for gross value added at basic prices (gva) (current us$), per square in European Union is 4.23 million current US$ per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 10.3% on the previous year and up 22.7% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), per square in European Union peaked at 4.23 million current US$ per square kilometre in 2023 and was at its lowest, 183,956 current US$ per square kilometre, in 1970.
European Union ranks 2nd of 38 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$), per square in European Union, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1970 | 183,956 current US$ per square kilometre | — |
| 1971 | 208,288 current US$ per square kilometre | +13.2% |
| 1972 | 251,475 current US$ per square kilometre | +20.7% |
| 1973 | 326,106 current US$ per square kilometre | +29.7% |
| 1974 | 372,123 current US$ per square kilometre | +14.1% |
| 1975 | 434,189 current US$ per square kilometre | +16.7% |
| 1976 | 452,871 current US$ per square kilometre | +4.3% |
| 1977 | 513,652 current US$ per square kilometre | +13.4% |
| 1978 | 624,798 current US$ per square kilometre | +21.6% |
| 1979 | 754,624 current US$ per square kilometre | +20.8% |
| 1980 | 845,690 current US$ per square kilometre | +12.1% |
| 1981 | 738,295 current US$ per square kilometre | -12.7% |
| 1982 | 711,709 current US$ per square kilometre | -3.6% |
| 1983 | 690,799 current US$ per square kilometre | -2.9% |
| 1984 | 665,715 current US$ per square kilometre | -3.6% |
| 1985 | 684,648 current US$ per square kilometre | +2.8% |
| 1986 | 956,284 current US$ per square kilometre | +39.7% |
| 1987 | 1.18 million current US$ per square kilometre | +23.5% |
| 1988 | 1.30 million current US$ per square kilometre | +9.7% |
| 1989 | 1.32 million current US$ per square kilometre | +2.1% |
| 1990 | 1.66 million current US$ per square kilometre | +25.2% |
| 1991 | 1.71 million current US$ per square kilometre | +3.1% |
| 1992 | 1.76 million current US$ per square kilometre | +2.9% |
| 1993 | 1.55 million current US$ per square kilometre | -11.7% |
| 1994 | 1.63 million current US$ per square kilometre | +5.3% |
| 1995 | 1.89 million current US$ per square kilometre | +15.6% |
| 1996 | 1.92 million current US$ per square kilometre | +1.5% |
| 1997 | 1.76 million current US$ per square kilometre | -8.4% |
| 1998 | 1.81 million current US$ per square kilometre | +2.8% |
| 1999 | 1.79 million current US$ per square kilometre | -0.8% |
| 2000 | 1.63 million current US$ per square kilometre | -8.8% |
| 2001 | 1.66 million current US$ per square kilometre | +1.8% |
| 2002 | 1.82 million current US$ per square kilometre | +9.4% |
| 2003 | 2.24 million current US$ per square kilometre | +22.9% |
| 2004 | 2.57 million current US$ per square kilometre | +14.9% |
| 2005 | 2.68 million current US$ per square kilometre | +4.2% |
| 2006 | 2.85 million current US$ per square kilometre | +6.6% |
| 2007 | 3.31 million current US$ per square kilometre | +15.9% |
| 2008 | 3.68 million current US$ per square kilometre | +11.1% |
| 2009 | 3.34 million current US$ per square kilometre | -9.0% |
| 2010 | 3.29 million current US$ per square kilometre | -1.7% |
| 2011 | 3.56 million current US$ per square kilometre | +8.2% |
| 2012 | 3.30 million current US$ per square kilometre | -7.2% |
| 2013 | 3.45 million current US$ per square kilometre | +4.4% |
| 2014 | 3.52 million current US$ per square kilometre | +2.3% |
| 2015 | 3.05 million current US$ per square kilometre | -13.4% |
| 2016 | 3.12 million current US$ per square kilometre | +2.3% |
| 2017 | 3.32 million current US$ per square kilometre | +6.3% |
| 2018 | 3.59 million current US$ per square kilometre | +8.2% |
| 2019 | 3.53 million current US$ per square kilometre | -1.7% |
| 2020 | 3.48 million current US$ per square kilometre | -1.5% |
| 2021 | 3.91 million current US$ per square kilometre | +12.4% |
| 2022 | 3.83 million current US$ per square kilometre | -1.9% |
| 2023 | 4.23 million current US$ per square kilometre | +10.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 412,208 current US$ per square kilometre | 183,956 current US$ per square kilometre | 754,624 current US$ per square kilometre | 10 |
| 1980s | 909,332 current US$ per square kilometre | 665,715 current US$ per square kilometre | 1.32 million current US$ per square kilometre | 10 |
| 1990s | 1.75 million current US$ per square kilometre | 1.55 million current US$ per square kilometre | 1.92 million current US$ per square kilometre | 10 |
| 2000s | 2.58 million current US$ per square kilometre | 1.63 million current US$ per square kilometre | 3.68 million current US$ per square kilometre | 10 |
| 2010s | 3.37 million current US$ per square kilometre | 3.05 million current US$ per square kilometre | 3.59 million current US$ per square kilometre | 10 |
| 2020s | 3.86 million current US$ per square kilometre | 3.48 million current US$ per square kilometre | 4.23 million current US$ per square kilometre | 4 |
Countries ranked near European Union
- 1 Monaco 4.80 billion current US$ per square kilometre compare
- 2 Macao 1.33 billion current US$ per square kilometre compare
- 3 Singapore 675.81 million current US$ per square kilometre compare
- 4 Hong Kong 354.50 million current US$ per square kilometre compare
- 5 Bermuda 153.41 million current US$ per square kilometre compare
More economy & growth data for European Union
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.48 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 42,248 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8972 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 8.67 % change on previous year (2025)
- Gross domestic savings (current US$), per capita 12,148 current US$ per person (2025)
- Imports of goods and services 9.73 trillion current US$ (2025)
- Imports of goods and services 7.74 trillion constant 2015 US$ (2025)
- Imports of goods and services 3.7% (2025)
- Imports of goods and services 45.8% (2025)
- External balance on goods and services 3.8% (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), per square in European Union?
- Gross value added at basic prices (gva) (current us$), per square in European Union was 4.23 million current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), per square recorded in European Union?
- The highest recorded value was 4.23 million current US$ per square kilometre in 2023.
- What is the lowest gross value added at basic prices (gva) (current us$), per square recorded in European Union?
- The lowest recorded value was 183,956 current US$ per square kilometre in 1970.
- How does European Union rank for gross value added at basic prices (gva) (current us$), per square?
- European Union ranks 2nd out of 38 groups with data for 2023.
- Is gross value added at basic prices (gva) (current us$), per square rising or falling in European Union?
- Over the last ten years it is up 22.7%. 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) (current US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current US$) divided by Land area (sq. km), 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) (current US$) ÷ Land area (sq. km)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.