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Euro Area GDP Annual Growth Rate

Last Release
Dec 31, 2023
Actual
0.1
Units In
%
Previous
0.1
Frequency
Quarterly
Next Release
N/A
Time to Release
N/A
Highest
Lowest
Average
Date Range
Source
14.4
Jun 2021
-14.5
Jun 2020
1.56 %1995-2023Eurostat
The Euro Area is the second largest economy in the world. Of the 19 member states it includes, the biggest are: Germany (29 percent of total GDP), France (20 percent), Italy (15 percent) and Spain (10 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 54 percent of its total use, followed by gross fixed capital formation (21 percent) and government expenditure (20 percent). Exports of goods and services account for 47 percent of GDP while imports account for 43 percent, adding 4 percent of total GDP.

Euro Area GDP Annual Growth Rate History

Last 12 readings

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