Gross value added at basic prices (GVA) in Europe & Central Asia
Europe & Central Asia: Gross value added at basic prices (GVA) was 29.10 trillion current US$ in 2025. β Volatile
Gross value added at basic prices (GVA) in Europe & Central Asia, 1970β2025
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$, in 1970.
Europe & Central Asia ranks 5th of 37 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.03 trillion current US$ | 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 Russian Federation 2.35 trillion current US$ compare
- 8 Italy 2.28 trillion current US$ compare
More economy & growth data for Europe & Central Asia
- Final consumption expenditure 1.9% (2025)
- Manufacturing, value added 3.67 trillion constant 2015 US$ (2025)
- Households and NPISHs final consumption expenditure 53.7% (2025)
- Final consumption expenditure 23.98 trillion current US$ (2025)
- Final consumption expenditure 18.61 trillion constant 2015 US$ (2025)
- Gross national expenditure 23.62 trillion constant 2015 US$ (2025)
- Exports of goods and services 11.21 trillion constant 2015 US$ (2025)
- Exports of goods and services 14.11 trillion current US$ (2025)
- Manufacturing, value added 13.5% (2025)
- Gross national expenditure 31.37 trillion current US$ (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 37 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.
Download this data
CSV Β· JSON β 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.