Gross value added at basic prices (GVA) (current US$) in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Gross value added at basic prices (GVA) (current US$) was 2.51 trillion current US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Europe & Central Asia (excluding high income), 1987–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Europe & Central Asia (excluding high income) is 2.51 trillion current US$, measured in 2025. That is the highest value across all 39 years on record.
The figure is up 14.5% on the previous year and up 85.4% over ten years.
Over the whole period, gross value added at basic prices (gva) in Europe & Central Asia (excluding high income) peaked at 2.51 trillion current US$ in 2025 and was at its lowest, 216.27 billion current US$, in 1987.
Europe & Central Asia (excluding high income) ranks 20th of 38 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$) in Europe & Central Asia (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1987 | 216.27 billion current US$ | — |
| 1988 | 240.70 billion current US$ | +11.3% |
| 1989 | 276.01 billion current US$ | +14.7% |
| 1990 | 329.29 billion current US$ | +19.3% |
| 1991 | 330.38 billion current US$ | +0.3% |
| 1992 | 317.84 billion current US$ | -3.8% |
| 1993 | 326.12 billion current US$ | +2.6% |
| 1994 | 250.35 billion current US$ | -23.2% |
| 1995 | 339.92 billion current US$ | +35.8% |
| 1996 | 360.76 billion current US$ | +6.1% |
| 1997 | 381.43 billion current US$ | +5.7% |
| 1998 | 383.70 billion current US$ | +0.6% |
| 1999 | 347.66 billion current US$ | -9.4% |
| 2000 | 349.52 billion current US$ | +0.5% |
| 2001 | 299.60 billion current US$ | -14.3% |
| 2002 | 345.47 billion current US$ | +15.3% |
| 2003 | 438.87 billion current US$ | +27.0% |
| 2004 | 565.50 billion current US$ | +28.9% |
| 2005 | 702.74 billion current US$ | +24.3% |
| 2006 | 818.20 billion current US$ | +16.4% |
| 2007 | 1.04 trillion current US$ | +26.9% |
| 2008 | 1.25 trillion current US$ | +19.9% |
| 2009 | 1.05 trillion current US$ | -16.0% |
| 2010 | 1.24 trillion current US$ | +18.2% |
| 2011 | 1.40 trillion current US$ | +13.3% |
| 2012 | 1.48 trillion current US$ | +5.7% |
| 2013 | 1.61 trillion current US$ | +8.8% |
| 2014 | 1.56 trillion current US$ | -3.4% |
| 2015 | 1.36 trillion current US$ | -12.9% |
| 2016 | 1.30 trillion current US$ | -4.4% |
| 2017 | 1.33 trillion current US$ | +2.8% |
| 2018 | 1.31 trillion current US$ | -1.8% |
| 2019 | 1.35 trillion current US$ | +2.8% |
| 2020 | 1.28 trillion current US$ | -4.6% |
| 2021 | 1.50 trillion current US$ | +16.5% |
| 2022 | 1.64 trillion current US$ | +9.5% |
| 2023 | 1.91 trillion current US$ | +16.9% |
| 2024 | 2.19 trillion current US$ | +14.6% |
| 2025 | 2.51 trillion current US$ | +14.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 244.33 billion current US$ | 216.27 billion current US$ | 276.01 billion current US$ | 3 |
| 1990s | 336.75 billion current US$ | 250.35 billion current US$ | 383.70 billion current US$ | 10 |
| 2000s | 684.89 billion current US$ | 299.60 billion current US$ | 1.25 trillion current US$ | 10 |
| 2010s | 1.39 trillion current US$ | 1.24 trillion current US$ | 1.61 trillion current US$ | 10 |
| 2020s | 1.84 trillion current US$ | 1.28 trillion current US$ | 2.51 trillion current US$ | 6 |
Countries ranked near Europe & Central Asia (excluding high income)
- 17 Saudi Arabia 1.21 trillion current US$ compare
- 18 Netherlands 1.20 trillion current US$ compare
- 19 Switzerland 1.02 trillion current US$ compare
- 20 Poland 911.54 billion current US$ compare
- 21 Ireland 689.58 billion current US$ compare
- 22 Belgium 657.04 billion current US$ compare
- 23 Sweden 599.18 billion current 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 2.51 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 Europe & Central Asia (excluding high income)?
- The highest recorded value was 2.51 trillion current 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 216.27 billion current US$ in 1987.
- How does Europe & Central Asia (excluding high income) rank for gross value added at basic prices (gva)?
- Europe & Central Asia (excluding high income) ranks 20th out of 38 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 85.4%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (excluding high income) 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.
Download this data
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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.