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 6.36 trillion current US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Europe & Central Asia (IDA & IBRD countries), 1989–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross value added at basic prices (gva) in Europe & Central Asia (IDA & IBRD countries) stood at 6.36 trillion current US$. That is the highest value across all 37 years on record.
The figure is up 14.6% on the previous year and up 95.7% over ten years.
Over the whole period, gross value added at basic prices (gva) in Europe & Central Asia (IDA & IBRD countries) peaked at 6.36 trillion current US$ in 2025 and was at its lowest, 737.40 billion current US$, in 1999.
Europe & Central Asia (IDA & IBRD countries) ranks 11th of 36 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1989 | 969.40 billion current US$ | — |
| 1990 | 1.04 trillion current US$ | +7.2% |
| 1991 | 1.03 trillion current US$ | -0.5% |
| 1992 | 958.99 billion current US$ | -7.3% |
| 1993 | 900.27 billion current US$ | -6.1% |
| 1994 | 778.33 billion current US$ | -13.5% |
| 1995 | 907.64 billion current US$ | +16.6% |
| 1996 | 926.52 billion current US$ | +2.1% |
| 1997 | 955.31 billion current US$ | +3.1% |
| 1998 | 857.14 billion current US$ | -10.3% |
| 1999 | 737.40 billion current US$ | -14.0% |
| 2000 | 798.23 billion current US$ | +8.2% |
| 2001 | 811.91 billion current US$ | +1.7% |
| 2002 | 905.56 billion current US$ | +11.5% |
| 2003 | 1.11 trillion current US$ | +22.5% |
| 2004 | 1.43 trillion current US$ | +29.1% |
| 2005 | 1.78 trillion current US$ | +24.1% |
| 2006 | 2.15 trillion current US$ | +20.7% |
| 2007 | 2.77 trillion current US$ | +29.1% |
| 2008 | 3.42 trillion current US$ | +23.6% |
| 2009 | 2.76 trillion current US$ | -19.4% |
| 2010 | 3.22 trillion current US$ | +16.7% |
| 2011 | 3.91 trillion current US$ | +21.2% |
| 2012 | 4.09 trillion current US$ | +4.6% |
| 2013 | 4.34 trillion current US$ | +6.1% |
| 2014 | 4.10 trillion current US$ | -5.4% |
| 2015 | 3.25 trillion current US$ | -20.8% |
| 2016 | 3.12 trillion current US$ | -4.0% |
| 2017 | 3.51 trillion current US$ | +12.4% |
| 2018 | 3.64 trillion current US$ | +3.8% |
| 2019 | 3.73 trillion current US$ | +2.6% |
| 2020 | 3.50 trillion current US$ | -6.2% |
| 2021 | 4.12 trillion current US$ | +17.8% |
| 2022 | 4.75 trillion current US$ | +15.1% |
| 2023 | 4.99 trillion current US$ | +5.2% |
| 2024 | 5.55 trillion current US$ | +11.0% |
| 2025 | 6.36 trillion current US$ | +14.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 969.40 billion current US$ | 969.40 billion current US$ | 969.40 billion current US$ | 1 |
| 1990s | 909.47 billion current US$ | 737.40 billion current US$ | 1.04 trillion current US$ | 10 |
| 2000s | 1.79 trillion current US$ | 798.23 billion current US$ | 3.42 trillion current US$ | 10 |
| 2010s | 3.69 trillion current US$ | 3.12 trillion current US$ | 4.34 trillion current US$ | 10 |
| 2020s | 4.88 trillion current US$ | 3.50 trillion current US$ | 6.36 trillion current US$ | 6 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
- 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 Republic of Korea 1.74 trillion current US$ compare
- 12 Spain 1.73 trillion current US$ compare
- 13 Mexico 1.71 trillion current US$ compare
- 14 Australia 1.68 trillion current US$ compare
More economy & growth data for Europe & Central Asia (IDA & IBRD countries)
- External balance on goods and services -0.5% (2025)
- Gross capital formation 1.85 trillion current US$ (2025)
- Gross capital formation 26.1% (2025)
- Imports of goods and services 2.10 trillion current US$ (2025)
- Imports of goods and services 1.77 trillion constant 2015 US$ (2025)
- Imports of goods and services 4.7% (2025)
- Trade in services 13.0% (2025)
- Manufacturing, value added 890.15 billion constant 2015 US$ (2025)
- Manufacturing, value added 1.02 trillion current US$ (2025)
- Agriculture, forestry, and fishing, value added -0.9% (2025)
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 6.36 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 (IDA & IBRD countries)?
- The highest recorded value was 6.36 trillion current 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 737.40 billion current US$ in 1999.
- How does Europe & Central Asia (IDA & IBRD countries) rank for gross value added at basic prices (gva)?
- Europe & Central Asia (IDA & IBRD countries) ranks 11th out of 36 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 95.7%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (IDA & IBRD countries) 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.