Gross value added at basic prices (GVA) (current US$) in Europe & Central Asia
Europe & Central Asia: Gross value added at basic prices (GVA) (current US$) was 29.10 trillion current US$ in 2025. ◆ Volatile
Latest (2025)
29.10 trillion current US$
Change on year
up 9.6%
Rank
5th
of 38 groups
All-time high
29.10 trillion current US$
in 2025
All-time low
928.42 billion current US$
in 1970
Years of data
56
1970–2025
Gross value added at basic prices (GVA) in Europe & Central Asia, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross value added at basic prices (gva) in Europe & Central Asia stood at 29.10 trillion current US$. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 9.6% on the previous year and up 57.5% over ten years.
Over the whole period, gross value added at basic prices (gva) in Europe & Central Asia peaked at 29.10 trillion current US$ in 2025 and was at its lowest, 928.42 billion current US$, in 1970.
Europe & Central Asia ranks 5th of 38 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$) in Europe & Central Asia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 928.42 billion current US$ | — |
| 1971 | 1.05 trillion current US$ | +12.8% |
| 1972 | 1.26 trillion current US$ | +20.1% |
| 1973 | 1.60 trillion current US$ | +27.3% |
| 1974 | 1.83 trillion current US$ | +14.0% |
| 1975 | 2.14 trillion current US$ | +17.3% |
| 1976 | 2.22 trillion current US$ | +3.5% |
| 1977 | 2.51 trillion current US$ | +13.3% |
| 1978 | 3.06 trillion current US$ | +21.8% |
| 1979 | 3.74 trillion current US$ | +22.1% |
| 1980 | 4.23 trillion current US$ | +13.3% |
| 1981 | 3.77 trillion current US$ | -11.0% |
| 1982 | 3.62 trillion current US$ | -4.0% |
| 1983 | 3.50 trillion current US$ | -3.3% |
| 1984 | 3.36 trillion current US$ | -3.9% |
| 1985 | 3.48 trillion current US$ | +3.5% |
| 1986 | 4.73 trillion current US$ | +35.9% |
| 1987 | 5.82 trillion current US$ | +23.2% |
| 1988 | 6.48 trillion current US$ | +11.3% |
| 1989 | 6.63 trillion current US$ | +2.3% |
| 1990 | 8.10 trillion current US$ | +22.1% |
| 1991 | 8.35 trillion current US$ | +3.1% |
| 1992 | 8.95 trillion current US$ | +7.3% |
| 1993 | 8.19 trillion current US$ | -8.5% |
| 1994 | 8.52 trillion current US$ | +4.1% |
| 1995 | 9.91 trillion current US$ | +16.2% |
| 1996 | 10.09 trillion current US$ | +1.9% |
| 1997 | 9.56 trillion current US$ | -5.2% |
| 1998 | 9.72 trillion current US$ | +1.6% |
| 1999 | 9.58 trillion current US$ | -1.4% |
| 2000 | 9.04 trillion current US$ | -5.6% |
| 2001 | 9.16 trillion current US$ | +1.2% |
| 2002 | 10.02 trillion current US$ | +9.4% |
| 2003 | 12.18 trillion current US$ | +21.5% |
| 2004 | 14.18 trillion current US$ | +16.4% |
| 2005 | 15.05 trillion current US$ | +6.2% |
| 2006 | 16.27 trillion current US$ | +8.1% |
| 2007 | 19.02 trillion current US$ | +16.9% |
| 2008 | 21.00 trillion current US$ | +10.4% |
| 2009 | 18.59 trillion current US$ | -11.5% |
| 2010 | 18.93 trillion current US$ | +1.8% |
| 2011 | 20.95 trillion current US$ | +10.7% |
| 2012 | 20.17 trillion current US$ | -3.7% |
| 2013 | 21.08 trillion current US$ | +4.5% |
| 2014 | 21.38 trillion current US$ | +1.5% |
| 2015 | 18.47 trillion current US$ | -13.6% |
| 2016 | 18.38 trillion current US$ | -0.5% |
| 2017 | 19.50 trillion current US$ | +6.1% |
| 2018 | 20.88 trillion current US$ | +7.0% |
| 2019 | 20.66 trillion current US$ | -1.0% |
| 2020 | 20.07 trillion current US$ | -2.8% |
| 2021 | 22.93 trillion current US$ | +14.2% |
| 2022 | 23.33 trillion current US$ | +1.7% |
| 2023 | 25.17 trillion current US$ | +7.9% |
| 2024 | 26.54 trillion current US$ | +5.4% |
| 2025 | 29.10 trillion current US$ | +9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.03 trillion current US$ | 928.42 billion current US$ | 3.74 trillion current US$ | 10 |
| 1980s | 4.56 trillion current US$ | 3.36 trillion current US$ | 6.63 trillion current US$ | 10 |
| 1990s | 9.10 trillion current US$ | 8.10 trillion current US$ | 10.09 trillion current US$ | 10 |
| 2000s | 14.45 trillion current US$ | 9.04 trillion current US$ | 21.00 trillion current US$ | 10 |
| 2010s | 20.04 trillion current US$ | 18.38 trillion current US$ | 21.38 trillion current US$ | 10 |
| 2020s | 24.52 trillion current US$ | 20.07 trillion current US$ | 29.10 trillion current US$ | 6 |
Countries ranked near Europe & Central Asia
- 2 Germany 4.57 trillion current US$ compare
- 3 Japan 4.16 trillion current US$ compare
- 4 United Kingdom 3.61 trillion current US$ compare
- 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
More economy & growth data for Europe & Central Asia
- General government final consumption expenditure (current US$), per 0.2059 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.22 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 18,580 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5369 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 10.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 5,268 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1522 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1.58 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 7,127 current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0105 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Europe & Central Asia?
- Gross value added at basic prices (gva) in Europe & Central Asia was 29.10 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?
- The highest recorded value was 29.10 trillion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Europe & Central Asia?
- The lowest recorded value was 928.42 billion current US$ in 1970.
- How does Europe & Central Asia rank for gross value added at basic prices (gva)?
- Europe & Central Asia ranks 5th out of 38 groups with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Europe & Central Asia?
- Over the last ten years it is up 57.5%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia 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.