Gross value added at basic prices (GVA) in Euro area
Euro area: Gross value added at basic prices (GVA) was 16.18 trillion current US$ in 2025. ◆ Volatile
Latest (2025)
16.18 trillion current US$
Change on year
up 8.2%
Rank
8th
of 38 groups
All-time high
16.18 trillion current US$
in 2025
All-time low
589.16 billion current 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 Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross value added at basic prices (gva) in Euro area stood at 16.18 trillion current US$. That is the highest value across all 56 years on record.
The figure is up 8.2% on the previous year and up 52.5% over ten years.
Over the whole period, gross value added at basic prices (gva) in Euro area peaked at 16.18 trillion current US$ in 2025 and was at its lowest, 589.16 billion current US$, in 1970.
Euro area ranks 8th of 38 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Euro area, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 589.16 billion current US$ | — |
| 1971 | 668.17 billion current US$ | +13.4% |
| 1972 | 808.40 billion current US$ | +21.0% |
| 1973 | 1.05 trillion current US$ | +30.0% |
| 1974 | 1.20 trillion current US$ | +14.1% |
| 1975 | 1.39 trillion current US$ | +16.2% |
| 1976 | 1.45 trillion current US$ | +4.0% |
| 1977 | 1.65 trillion current US$ | +14.0% |
| 1978 | 2.02 trillion current US$ | +22.3% |
| 1979 | 2.44 trillion current US$ | +21.0% |
| 1980 | 2.74 trillion current US$ | +12.0% |
| 1981 | 2.39 trillion current US$ | -12.9% |
| 1982 | 2.31 trillion current US$ | -3.2% |
| 1983 | 2.25 trillion current US$ | -2.8% |
| 1984 | 2.16 trillion current US$ | -4.0% |
| 1985 | 2.22 trillion current US$ | +2.7% |
| 1986 | 3.10 trillion current US$ | +40.1% |
| 1987 | 3.84 trillion current US$ | +23.6% |
| 1988 | 4.21 trillion current US$ | +9.6% |
| 1989 | 4.29 trillion current US$ | +2.0% |
| 1990 | 5.39 trillion current US$ | +25.5% |
| 1991 | 5.58 trillion current US$ | +3.5% |
| 1992 | 6.14 trillion current US$ | +10.2% |
| 1993 | 5.63 trillion current US$ | -8.4% |
| 1994 | 5.91 trillion current US$ | +5.0% |
| 1995 | 6.82 trillion current US$ | +15.4% |
| 1996 | 6.88 trillion current US$ | +0.9% |
| 1997 | 6.28 trillion current US$ | -8.7% |
| 1998 | 6.45 trillion current US$ | +2.7% |
| 1999 | 6.40 trillion current US$ | -0.7% |
| 2000 | 5.86 trillion current US$ | -8.5% |
| 2001 | 5.96 trillion current US$ | +1.8% |
| 2002 | 6.51 trillion current US$ | +9.2% |
| 2003 | 8.02 trillion current US$ | +23.2% |
| 2004 | 9.19 trillion current US$ | +14.6% |
| 2005 | 9.52 trillion current US$ | +3.6% |
| 2006 | 10.10 trillion current US$ | +6.1% |
| 2007 | 11.65 trillion current US$ | +15.3% |
| 2008 | 12.88 trillion current US$ | +10.5% |
| 2009 | 11.82 trillion current US$ | -8.2% |
| 2010 | 11.52 trillion current US$ | -2.6% |
| 2011 | 12.42 trillion current US$ | +7.8% |
| 2012 | 11.49 trillion current US$ | -7.5% |
| 2013 | 11.99 trillion current US$ | +4.4% |
| 2014 | 12.27 trillion current US$ | +2.3% |
| 2015 | 10.61 trillion current US$ | -13.5% |
| 2016 | 10.86 trillion current US$ | +2.4% |
| 2017 | 11.50 trillion current US$ | +5.9% |
| 2018 | 12.43 trillion current US$ | +8.0% |
| 2019 | 12.18 trillion current US$ | -2.0% |
| 2020 | 11.95 trillion current US$ | -1.9% |
| 2021 | 13.39 trillion current US$ | +12.0% |
| 2022 | 13.11 trillion current US$ | -2.1% |
| 2023 | 14.44 trillion current US$ | +10.2% |
| 2024 | 14.95 trillion current US$ | +3.6% |
| 2025 | 16.18 trillion current US$ | +8.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.33 trillion current US$ | 589.16 billion current US$ | 2.44 trillion current US$ | 10 |
| 1980s | 2.95 trillion current US$ | 2.16 trillion current US$ | 4.29 trillion current US$ | 10 |
| 1990s | 6.15 trillion current US$ | 5.39 trillion current US$ | 6.88 trillion current US$ | 10 |
| 2000s | 9.15 trillion current US$ | 5.86 trillion current US$ | 12.88 trillion current US$ | 10 |
| 2010s | 11.73 trillion current US$ | 10.61 trillion current US$ | 12.43 trillion current US$ | 10 |
| 2020s | 14.00 trillion current US$ | 11.95 trillion current US$ | 16.18 trillion current US$ | 6 |
Countries ranked near Euro area
- 5 India 3.59 trillion current US$ compare
- 6 France 3.00 trillion current US$ compare
- 7 Russia 2.35 trillion current US$ compare
- 8 Italy 2.28 trillion current US$ compare
- 9 Canada 2.18 trillion current US$ compare
- 10 Brazil 1.96 trillion current US$ compare
- 11 South Korea 1.74 trillion current US$ compare
More economy & growth data for Euro area
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4051 constant 2015 US$ per US$ of GDP (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)
- Final consumption expenditure (current US$), annual growth rate 8.5 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 20,341 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 26,432 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 8.13 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5264 current US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.47 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1.87 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Euro area?
- Gross value added at basic prices (gva) in Euro area was 16.18 trillion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Euro area?
- The highest recorded value was 16.18 trillion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Euro area?
- The lowest recorded value was 589.16 billion current US$ in 1970.
- How does Euro area rank for gross value added at basic prices (gva)?
- Euro area ranks 8th out of 38 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 52.5%. The long-run trend across the full record is volatile.
- Where does this Euro area data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.