Euro Area GDP Annual Growth Rate  1995-2016 | Data | Chart | Calendar

The Eurozone's gross domestic product advanced by 1.7 percent year-on-year in the third quarter of 2016, following an upwardly revised 1.7 percent expansion in the previous period and better than earlier estimates of 1.6 percent growth. Consumption expenditure rose for households (+1.6 percent from +1.7 percent in Q2) and the government (+2 percent, the same as in Q2) and fixed investment also expanded (+3 percent from +3.6 percent in Q2). Meanwhile, exports rose by 2.2 percent and imports increased by a faster 2.9 percent. GDP Annual Growth Rate in the Euro Area averaged 1.63 percent from 1995 until 2016, 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.

Euro Area GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-10-31 10:00 AM Q3 1.6% 1.6% 1.6% 1.4%
2016-11-15 10:00 AM Q3 1.6% 1.6% 1.6% 1.6%
2016-12-06 10:00 AM Q3 1.7% 1.7% 1.6% 1.6%
2017-02-13 10:00 AM Q4 1.7% 1.6%
2017-03-08 10:00 AM Q4 1.7% 1.6%
2017-04-28 09:00 AM Q1 1.5%




Euro Area GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.30 0.30 1.30 -3.00 percent [+]
GDP Annual Growth Rate 1.70 1.70 5.00 -5.50 percent [+]
GDP 11539.74 13407.43 14113.39 245.39 USD Billion [+]
GDP Constant Prices 2515.86 2507.16 2515.86 1768.58 EUR Billion [+]
Gross Fixed Capital Formation 508.16 507.32 571.65 381.90 EUR Billion [+]
GDP per capita 38341.20 37806.28 38817.88 10806.76 USD [+]
GDP per capita PPP 37486.19 36955.66 38026.39 28113.09 USD [+]



Euro Area GDP Annual Growth Rate Notes

The Euro Area is the second largest economy in the world. Of the 19 states it includes, the biggest are: Germany (29 percent of total GDP), France (21 percent), Italy (16 percent) and Spain (11 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 56 percent of its total use, followed by government expenditure (21 percent) and gross fixed capital formation (20 percent). Net exports of goods and services adds 4 percent to the GDP as exports accounts for 45 percent and imports for -41 percent. . This page provides - Euro Area GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
1.70 1.70 5.00 -5.50 1995 - 2016 percent Quarterly



Last
Iceland 10.20 Sep/16
Ethiopia 9.60 Dec/15
Ivory Coast 9.50 Jun/16
Papua New Guinea 9.00 Dec/15
Dominican Republic 8.70 Jun/16
Tanzania 7.90 Jun/16
Uzbekistan 7.80 Sep/16
Congo 7.70 Dec/15
India 7.30 Sep/16
Cambodia 7.20 Dec/16
Philippines 7.10 Sep/16
Bangladesh 7.05 Dec/16
Laos 7.00 Dec/15
Myanmar 7.00 Dec/15
Ireland 6.90 Sep/16
Maldives 6.80 Jun/16
China 6.70 Sep/16
Djibouti 6.70 Dec/15
Tajikistan 6.50 Sep/16
Vietnam 6.40 Sep/16
Kenya 6.20 Jun/16
Turkmenistan 6.20 Sep/16
Benin 6.10 Jun/16
Mali 6.00 Jun/16
Burkina Faso 5.90 Jun/16
Togo 5.80 Jun/16
Niger 5.70 Jun/16
Senegal 5.70 Jun/16
Chad 5.60 Dec/15
Bhutan 5.50 Dec/15
Guinea Bissau 5.50 Jun/16
Monaco 5.40 Dec/15
Rwanda 5.40 Jun/16
Nicaragua 5.30 Jun/16
Sao Tome and Principe 5.30 Dec/15
Panama 5.20 Jun/16
Indonesia 5.02 Sep/16
Paraguay 5.00 Sep/16
Zambia 5.00 Dec/15
Angola 4.90 Dec/15
Central African Republic 4.90 Dec/15
Sudan 4.90 Dec/15
Gambia 4.70 Dec/15
Luxembourg 4.40 Jun/16
Peru 4.40 Sep/16
Romania 4.40 Sep/16
Cuba 4.30 Dec/15
East Timor 4.30 Dec/15
Malaysia 4.30 Sep/16
Seychelles 4.30 Dec/15
Pakistan 4.24 Dec/15
Costa Rica 4.21 Jun/16
Fiji 4.20 Dec/15
Gabon 4.20 Dec/15
Macau 4.00 Sep/16
Uganda 3.91 Jun/16
Algeria 3.90 Dec/15
Palestine 3.90 Jun/16
Israel 3.80 Sep/16
Cameroon 3.70 Mar/16
Mozambique 3.70 Sep/16
Brunei 3.60 Mar/16
Honduras 3.60 Dec/15
New Zealand 3.60 Jun/16
Cape Verde 3.50 Jun/16
Bulgaria 3.40 Sep/16
Guatemala 3.40 Jun/16
Lesotho 3.40 Dec/15
United Arab Emirates 3.40 Dec/15
Kosovo 3.30 Jun/16
Bolivia 3.24 Jun/16
Albania 3.20 Jun/16
Comoros 3.20 Dec/15
Spain 3.20 Sep/16
Thailand 3.20 Sep/16
Mauritania 3.10 Dec/15
Turkey 3.10 Jun/16
Georgia 3.00 Jun/16
Guyana 3.00 Dec/15
Madagascar 3.00 Dec/15
Malta 3.00 Sep/16
Slovakia 3.00 Sep/16
Croatia 2.90 Sep/16
Cyprus 2.90 Sep/16
Malawi 2.90 Dec/15
Sweden 2.80 Sep/16
Montenegro 2.70 Jun/16
Slovenia 2.70 Sep/16
Serbia 2.60 Sep/16
Somalia 2.60 Dec/14
South Korea 2.60 Sep/16
Sri Lanka 2.60 Jun/16
Bahrain 2.50 Jun/16
El Salvador 2.50 Mar/16
Ghana 2.50 Jun/16
Mauritius 2.50 Jun/16
Poland 2.50 Sep/16
Cayman Islands 2.40 Mar/16
Iraq 2.40 Dec/15
Netherlands 2.40 Sep/16
Bosnia and Herzegovina 2.30 Jun/16
Egypt 2.30 Mar/16
United Kingdom 2.30 Sep/16
Hungary 2.20 Sep/16
Macedonia 2.20 Jun/16
New Caledonia 2.20 Dec/15
Afghanistan 2.10 Dec/15
Taiwan 2.03 Sep/16
Kyrgyzstan 2.00 Sep/16
Mexico 2.00 Sep/16
Qatar 2.00 Jun/16
Czech Republic 1.90 Sep/16
European Union 1.90 Sep/16
Hong Kong 1.90 Sep/16
Jordan 1.90 Jun/16
Australia 1.80 Sep/16
Greece 1.80 Sep/16
Kuwait 1.80 Dec/15
Moldova 1.80 Jun/16
Ukraine 1.80 Sep/16
Euro Area 1.70 Sep/16
Haiti 1.70 Dec/15
Lithuania 1.70 Sep/16
Swaziland 1.70 Dec/15
Botswana 1.60 Jun/16
Chile 1.60 Sep/16
Finland 1.60 Sep/16
Portugal 1.60 Sep/16
United States 1.60 Sep/16
Germany 1.50 Sep/16
Zimbabwe 1.50 Dec/15
Jamaica 1.40 Jun/16
Saudi Arabia 1.40 Jun/16
Uruguay 1.40 Jun/16
Belgium 1.30 Sep/16
Canada 1.30 Sep/16
Estonia 1.30 Sep/16
Switzerland 1.30 Sep/16
Tunisia 1.30 Sep/16
Austria 1.20 Sep/16
Bahamas 1.20 Dec/15
Colombia 1.20 Sep/16
Denmark 1.20 Sep/16
Republic of the Congo 1.20 Dec/15
France 1.10 Sep/16
Japan 1.10 Sep/16
Singapore 1.10 Sep/16
Italy 1.00 Sep/16
Lebanon 1.00 Dec/15
Morocco 1.00 Sep/16
Barbados 0.90 Dec/15
Nepal 0.77 Dec/15
South Africa 0.70 Sep/16
Iran 0.60 Mar/15
Kazakhstan 0.40 Sep/16
Eritrea 0.30 Dec/15
Latvia 0.30 Sep/16
Liberia 0.30 Dec/15
Guinea 0.10 Dec/15
Russia -0.40 Sep/16
Puerto Rico -0.60 Dec/15
Liechtenstein -0.80 Dec/14
Norway -0.90 Sep/16
North Korea -1.10 Dec/15
Namibia -1.20 Jun/16
Belarus -1.30 Jun/16
Belize -1.60 Jun/16
Mongolia -1.60 Sep/16
Suriname -2.10 Dec/15
Ecuador -2.20 Jun/16
Nigeria -2.24 Sep/16
Syria -2.30 Dec/11
Armenia -2.60 Sep/16
Brazil -2.90 Sep/16
Argentina -3.40 Jun/16
Azerbaijan -3.40 Jun/16
Burundi -4.10 Dec/15
South Sudan -5.30 Dec/15
Libya -6.00 Dec/15
Venezuela -7.10 Sep/15
Trinidad and Tobago -8.00 Jun/16
Equatorial Guinea -10.60 Dec/15
Oman -14.10 Dec/15
Sierra Leone -21.50 Dec/15
Yemen -28.10 Dec/15