European Union GDP Annual Growth Rate  1996-2017 | Data | Chart | Calendar

European Union's gross domestic product expanded 1.9 percent year-on-year in the fourth quarter of 2016, the same as in the previous period and above a second estimate of 1.8 percent, the final figure showed. GDP Annual Growth Rate in European Union averaged 1.70 percent from 1996 until 2016, reaching an all time high of 4.60 percent in the second quarter of 2000 and a record low of -5.40 percent in the first quarter of 2009.

European Union GDP Annual Growth Rate
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European Union GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 1.90 1.90 4.60 -5.40 percent [+]
GDP 16311.90 18573.80 19116.30 358.97 USD Billion [+]
Gross Fixed Capital Formation 700243.90 701718.30 771448.60 508034.60 EUR Million [+]
GDP Constant Prices 3465188.50 3444115.30 3465188.50 2402482.90 EUR Million [+]
GDP Growth Rate 0.50 0.40 1.30 -2.60 percent [+]
GDP Per Capita 35079.15 34405.18 35079.15 10065.65 USD [+]
GDP Per Capita Ppp 35604.78 34893.20 35604.78 24863.65 USD [+]



European Union GDP Annual Growth Rate Notes

Among the Member States, the biggest economies are Germany (21 percent of total EU GDP); the United Kingdom (16 percent); France (15 percent); Italy (12 percent) and Spain (8 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 57 percent of its total use, followed by government expenditure (21 percent) and gross fixed capital formation (19 percent). Exports of goods and services account for 43 percent of GDP while imports account for 40 percent, adding 3 percent of total GDP. This page provides the latest reported value for - European Union GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. European Union GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.90 1.90 4.60 -5.40 1996 - 2016 percent Quarterly
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Last
Iceland 11.30 Dec/16
Ethiopia 9.60 Dec/15
Papua New Guinea 9.00 Dec/15
Ivory Coast 8.20 Dec/16
Uzbekistan 7.80 Dec/16
Cambodia 7.20 Dec/16
Ireland 7.20 Dec/16
Bangladesh 7.11 Dec/16
India 7.00 Dec/16
Laos 7.00 Dec/15
Macau 7.00 Dec/16
Myanmar 7.00 Dec/15
Tajikistan 6.90 Dec/16
China 6.80 Dec/16
Maldives 6.80 Jun/16
Djibouti 6.70 Dec/15
Vietnam 6.68 Dec/16
Philippines 6.60 Dec/16
Moldova 6.50 Dec/16
Tanzania 6.20 Sep/16
Turkmenistan 6.20 Dec/16
Dominican Republic 5.80 Sep/16
Kenya 5.70 Sep/16
Chad 5.60 Dec/15
Niger 5.60 Sep/16
Bhutan 5.50 Dec/15
Togo 5.50 Sep/16
Burkina Faso 5.40 Sep/16
Monaco 5.40 Dec/15
Sao Tome and Principe 5.30 Dec/15
Sri Lanka 5.30 Dec/16
Guinea Bissau 5.20 Dec/16
Mali 5.20 Dec/16
Palestine 5.20 Sep/16
Malta 5.10 Dec/16
Benin 5.00 Sep/16
Indonesia 4.94 Dec/16
Central African Republic 4.90 Dec/15
Sudan 4.90 Dec/15
Israel 4.80 Dec/16
Luxembourg 4.80 Sep/16
Ukraine 4.80 Dec/16
Pakistan 4.71 Dec/16
Gambia 4.70 Dec/15
Romania 4.70 Dec/16
Botswana 4.50 Sep/16
Malaysia 4.50 Dec/16
Panama 4.50 Dec/16
East Timor 4.30 Dec/15
Nicaragua 4.30 Sep/16
Seychelles 4.30 Dec/15
Fiji 4.20 Dec/15
Gabon 4.20 Dec/15
Cape Verde 4.00 Sep/16
Ghana 4.00 Sep/16
Mauritius 4.00 Sep/16
Senegal 4.00 Dec/16
Costa Rica 3.99 Sep/16
Algeria 3.90 Dec/15
Bahrain 3.90 Sep/16
Kosovo 3.80 Sep/16
Kyrgyzstan 3.80 Dec/16
Cameroon 3.70 Mar/16
Qatar 3.70 Sep/16
Honduras 3.60 Dec/15
Zambia 3.60 Dec/15
Bulgaria 3.40 Dec/16
Croatia 3.40 Dec/16
Lesotho 3.40 Dec/15
Paraguay 3.40 Dec/16
United Arab Emirates 3.40 Dec/15
Bolivia 3.24 Jun/16
Comoros 3.20 Dec/15
Lithuania 3.20 Dec/16
Albania 3.10 Sep/16
Hong Kong 3.10 Dec/16
Mauritania 3.10 Dec/15
Guyana 3.00 Dec/15
Madagascar 3.00 Dec/15
Peru 3.00 Dec/16
Slovakia 3.00 Dec/16
Spain 3.00 Dec/16
Thailand 3.00 Dec/16
Cyprus 2.90 Dec/16
Malawi 2.90 Dec/15
Singapore 2.90 Dec/16
Taiwan 2.88 Dec/16
Cayman Islands 2.80 Sep/16
Georgia 2.80 Dec/16
Estonia 2.70 Dec/16
New Zealand 2.70 Dec/16
Poland 2.70 Dec/16
Somalia 2.70 Dec/15
Guatemala 2.60 Sep/16
Slovenia 2.60 Dec/16
El Salvador 2.51 Sep/16
Congo 2.50 Dec/16
Serbia 2.50 Dec/16
Australia 2.40 Dec/16
Bosnia and Herzegovina 2.40 Sep/16
Iraq 2.40 Dec/15
Macedonia 2.40 Dec/16
Mexico 2.40 Dec/16
Montenegro 2.40 Sep/16
Egypt 2.30 Mar/16
Netherlands 2.30 Dec/16
Rwanda 2.30 Dec/16
South Korea 2.30 Dec/16
Sweden 2.30 Dec/16
New Caledonia 2.20 Dec/15
Latvia 2.10 Dec/16
Jamaica 2.00 Sep/16
Portugal 2.00 Dec/16
United Kingdom 2.00 Dec/16
Uruguay 2.00 Sep/16
Canada 1.90 Dec/16
Czech Republic 1.90 Dec/16
Denmark 1.90 Dec/16
European Union 1.90 Dec/16
United States 1.90 Dec/16
Jordan 1.80 Sep/16
Kuwait 1.80 Dec/15
Norway 1.80 Dec/16
Uganda 1.75 Sep/16
Austria 1.70 Dec/16
Euro Area 1.70 Dec/16
Swaziland 1.70 Dec/15
Barbados 1.60 Dec/16
Colombia 1.60 Dec/16
Hungary 1.60 Dec/16
Japan 1.60 Dec/16
Zimbabwe 1.50 Dec/15
Haiti 1.40 Dec/16
Finland 1.30 Dec/16
Tunisia 1.30 Sep/16
Belgium 1.20 Dec/16
Germany 1.20 Dec/16
Morocco 1.20 Dec/16
Republic of the Congo 1.20 Dec/15
France 1.10 Dec/16
Mozambique 1.10 Dec/16
Italy 1.00 Dec/16
Kazakhstan 1.00 Dec/16
Lebanon 1.00 Dec/15
Mongolia 1.00 Dec/16
Saudi Arabia 0.90 Sep/16
Nepal 0.77 Dec/15
South Africa 0.70 Dec/16
Bahamas 0.60 Dec/16
Iran 0.60 Mar/15
Switzerland 0.60 Dec/16
Chile 0.50 Dec/16
Eritrea 0.30 Dec/15
Liberia 0.30 Dec/15
Guinea 0.10 Dec/15
Russia -0.40 Sep/16
Puerto Rico -0.60 Dec/15
Belize -0.80 Sep/16
Liechtenstein -0.80 Dec/14
Cuba -0.90 Dec/16
Armenia -1.00 Dec/17
Namibia -1.00 Sep/16
Greece -1.10 Dec/16
North Korea -1.10 Dec/15
Nigeria -1.30 Dec/16
Ecuador -1.60 Sep/16
Turkey -1.80 Sep/16
Belarus -1.90 Dec/16
Argentina -2.10 Dec/16
Suriname -2.10 Dec/15
Syria -2.30 Dec/11
Afghanistan -2.40 Dec/16
Brazil -2.50 Dec/16
Azerbaijan -3.80 Dec/16
Brunei -3.80 Sep/16
Burundi -4.10 Dec/15
Angola -4.30 Sep/16
South Sudan -5.30 Dec/15
Libya -6.00 Dec/15
Trinidad and Tobago -8.00 Jun/16
Equatorial Guinea -10.60 Dec/15
Oman -14.10 Dec/15
Venezuela -18.60 Dec/16
Sierra Leone -21.50 Dec/15
Yemen -28.10 Dec/15