Gross value added at basic prices (GVA) in Europe & Central Asia (IDA & IBRD countries)

Europe & Central Asia (IDA & IBRD countries): Gross value added at basic prices (GVA) was 6.36 trillion current US$ in 2025. ◆ Volatile

Latest (2025)
6.36 trillion current US$
Change on year
up 14.6%
All-time high
6.36 trillion current US$
in 2025
All-time low
737.40 billion current US$
in 1999
Years of data
37
1989–2025

Gross value added at basic prices (GVA) in Europe & Central Asia (IDA & IBRD countries), 1989–2025

02.0T4.0T6.0T1989200720251989: 969.4B current US$1990: 1.0T current US$1991: 1.0T current US$1992: 959.0B current US$1993: 900.3B current US$1994: 778.3B current US$1995: 907.6B current US$1996: 926.5B current US$1997: 955.3B current US$1998: 857.1B current US$1999: 737.4B current US$2000: 798.2B current US$2001: 811.9B current US$2002: 905.6B current US$2003: 1.1T current US$2004: 1.4T current US$2005: 1.8T current US$2006: 2.1T current US$2007: 2.8T current US$2008: 3.4T current US$2009: 2.8T current US$2010: 3.2T current US$2011: 3.9T current US$2012: 4.1T current US$2013: 4.3T current US$2014: 4.1T current US$2015: 3.2T current US$2016: 3.1T current US$2017: 3.5T current US$2018: 3.6T current US$2019: 3.7T current US$2020: 3.5T current US$2021: 4.1T current US$2022: 4.7T current US$2023: 5.0T current US$2024: 5.5T current US$2025: 6.4T current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

In 2025, gross value added at basic prices (gva) in Europe & Central Asia (IDA & IBRD countries) stood at 6.36 trillion current US$. That is the highest value across all 37 years on record.

The figure is up 14.6% on the previous year and up 95.7% over ten years.

Over the whole period, gross value added at basic prices (gva) in Europe & Central Asia (IDA & IBRD countries) peaked at 6.36 trillion current US$ in 2025 and was at its lowest, 737.40 billion current US$, in 1999.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 969.40 billion current US$ 969.40 billion current US$ 969.40 billion current US$ 1
1990s 909.47 billion current US$ 737.40 billion current US$ 1.04 trillion current US$ 10
2000s 1.79 trillion current US$ 798.23 billion current US$ 3.42 trillion current US$ 10
2010s 3.69 trillion current US$ 3.12 trillion current US$ 4.34 trillion current US$ 10
2020s 4.88 trillion current US$ 3.50 trillion current US$ 6.36 trillion current US$ 6

More economy & growth data for Europe & Central Asia (IDA & IBRD countries)

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Frequently asked questions

What is gross value added at basic prices (gva) in Europe & Central Asia (IDA & IBRD countries)?
Gross value added at basic prices (gva) in Europe & Central Asia (IDA & IBRD countries) was 6.36 trillion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in Europe & Central Asia (IDA & IBRD countries)?
The highest recorded value was 6.36 trillion current US$ in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Europe & Central Asia (IDA & IBRD countries)?
The lowest recorded value was 737.40 billion current US$ in 1999.
Is gross value added at basic prices (gva) rising or falling in Europe & Central Asia (IDA & IBRD countries)?
Over the last ten years it is up 95.7%. The long-run trend across the full record is volatile.
Where does this Europe & Central Asia (IDA & IBRD countries) data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.