GDP in European Union
European Union: GDP was 21.24 trillion current US$ in 2025. ◆ Volatile
GDP in European Union, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gdp in European Union is 21.24 trillion current US$, measured in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 8.9% on the previous year and up 55.6% over ten years.
Over the whole period, gdp in European Union peaked at 21.24 trillion current US$ in 2025 and was at its lowest, 285.35 billion current US$, in 1960.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 449.98 billion current US$ | 285.35 billion current US$ | 644.94 billion current US$ | 10 |
| 1970s | 1.62 trillion current US$ | 729.45 billion current US$ | 2.96 trillion current US$ | 10 |
| 1980s | 3.57 trillion current US$ | 2.61 trillion current US$ | 5.21 trillion current US$ | 10 |
| 1990s | 7.49 trillion current US$ | 6.51 trillion current US$ | 8.43 trillion current US$ | 10 |
| 2000s | 11.48 trillion current US$ | 7.28 trillion current US$ | 16.36 trillion current US$ | 10 |
| 2010s | 15.08 trillion current US$ | 13.66 trillion current US$ | 16.09 trillion current US$ | 10 |
| 2020s | 18.24 trillion current US$ | 15.50 trillion current US$ | 21.24 trillion current US$ | 6 |
More economy & growth data for European Union
- Final consumption expenditure 1.6% (2025)
- Manufacturing, value added 2.44 trillion constant 2015 US$ (2025)
- Households and NPISHs final consumption expenditure 52.6% (2025)
- Final consumption expenditure 15.76 trillion current US$ (2025)
- Final consumption expenditure 11.88 trillion constant 2015 US$ (2025)
- Gross national expenditure 15.32 trillion constant 2015 US$ (2025)
- Exports of goods and services 8.35 trillion constant 2015 US$ (2025)
- Exports of goods and services 10.54 trillion current US$ (2025)
- Manufacturing, value added 14.3% (2025)
- Gross national expenditure 20.43 trillion current US$ (2025)
Frequently asked questions
- What is gdp in European Union?
- Gdp in European Union was 21.24 trillion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in European Union?
- The highest recorded value was 21.24 trillion current US$ in 2025.
- What is the lowest gdp recorded in European Union?
- The lowest recorded value was 285.35 billion current US$ in 1960.
- Is gdp rising or falling in European Union?
- Over the last ten years it is up 55.6%. The long-run trend across the full record is volatile.
- Where does this European Union data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.