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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 Euro Area GDP), France (21 percent), Italy (16 percent) and Spain (11 percent). In 2014, private final consumption expenditure was the main component of GDP accounting for 56 percent of its total use, followed by government final consumption expenditure (21 percent) and gross fixed capital formation (20 percent). Also, external balance of exports and imports accounted for 4 percent of total GDP. This page provides - Euro Area GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Euro Area GDP Annual Growth Rate - was last refreshed on Monday, August 31, 2015.