Euro Area GDP Growth Rate 1971-2022

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Euro Area gdp growth rate for 2021 was 5.40%, a 11.8% increase from 2020.
  • Euro Area gdp growth rate for 2020 was -6.40%, a 7.98% decline from 2019.
  • Euro Area gdp growth rate for 2019 was 1.58%, a 0.26% decline from 2018.
  • Euro Area gdp growth rate for 2018 was 1.83%, a 0.78% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
South Asia 8.32%
Latin America & Caribbean 6.75%
World 5.80%
East Asia & Pacific 5.76%
North America 5.58%
Euro Area 5.40%
European Union 5.38%
OECD members 5.23%
Sub-Saharan Africa 4.13%
Euro Area GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2021 5.40% 11.80%
2020 -6.40% -7.98%
2019 1.58% -0.26%
2018 1.83% -0.78%
2017 2.62% 0.75%
2016 1.86% -0.20%
2015 2.06% 0.66%
2014 1.40% 1.62%
2013 -0.22% 0.62%
2012 -0.84% -2.56%
2011 1.72% -0.46%
2010 2.18% 6.70%
2009 -4.52% -4.94%
2008 0.42% -2.58%
2007 3.00% -0.23%
2006 3.23% 1.55%
2005 1.68% -0.61%
2004 2.29% 1.61%
2003 0.68% -0.26%
2002 0.94% -1.26%
2001 2.20% -1.67%
2000 3.86% 0.90%
1999 2.96% -0.07%
1998 3.04% 0.33%
1997 2.71% 1.02%
1996 1.69% -0.73%
1995 2.42% -0.04%
1994 2.46% 3.12%
1993 -0.66% -2.08%
1992 1.42% -1.26%
1991 2.68% -0.93%
1990 3.60% -0.50%
1989 4.10% -0.21%
1988 4.31% 1.77%
1987 2.53% 0.03%
1986 2.51% 0.20%
1985 2.31% -0.07%
1984 2.38% 0.99%
1983 1.39% 0.68%
1982 0.71% 0.19%
1981 0.52% -1.64%
1980 2.16% -1.71%
1979 3.87% 0.75%
1978 3.12% 0.04%
1977 3.09% -1.94%
1976 5.03% 5.80%
1975 -0.77% -3.99%
1974 3.21% -2.94%
1973 6.15% 1.26%
1972 4.89% 1.12%
1971 3.77% 1.12%