Euro Area GDP Annual Growth Rate
The Gross Domestic Product (GDP) In the Euro Area expanded 0.90 percent in the first quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in the Euro Area averaged 1.57 Percent from 1995 until 2014, reaching an all time high of 5 Percent in the first quarter of 1995 and a record low of -5.50 Percent in the first quarter of 2009. GDP Annual Growth Rate in the Euro Area is reported by the Eurostat.
||1995 - 2014
The Euro Area is the second largest economy in the world. Of the 18 states it includes, the biggest are: Germany (26 percent of total Euro Area GDP), France (21 percent), Italy (16 percent) and Spain (11 percent). The most important sectors of the economy are: business and financial activities (29 percent of GDP), transportation and communication services (21 percent), overall industry (18 percent) and construction (6 percent). This page provides - Euro Area GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.