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Euro Area GDP Growth Rate

Last Release
Sep 2021
Actual
2.2 %
Forecast
N/A
Previous
2.1 %
Frequency
Quarterly
Units In
%
Next Release
N/A
Time to Release
N/A
Highest
Lowest
Average
Date Range
Source
12.5 %
Sep 2020
-11.7 %
Jun 2020
0.37 %1995 - 2021Eurostat
The Euro Area is an economic and monetary union of 19 European countries that adopted the euro as their currency. It is the second largest economy in the world and if it was a country it would be the third most populous with 341 million inhabitants. Germany, France, Italy and Spain are the most important economies accounting respectively for 29 percent, 20 percent, 15 percent and 10 percent of the bloc’s GDP.

Latest Updates

The Euro Area economy advanced 2.2% on quarter in the three months to September 2021, following a 2.1% growth in the previous period, and matching initial estimates. The economy continued to recover from the coronavirus hit and Austria (3.3%), France (3%) and Portugal (2.9%) recorded the biggest expansions. The German GDP grew 1.8% and Italy 2.6%. The Euro Area economy is expected to grow 5% this year, according to the most recent forecasts from the European Commission although high energy prices, rising inflation, persistent supply constraints and an eventual increase in coronavirus cases continue to threat the recovery.

Euro Area GDP Growth Rate History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Nov 16, 202110:12Euro Area GDP Growth Unrevised at 2.2%
Oct 29, 202109:17Eurozone Q3 GDP Growth Stronger than Forecast
Sep 7, 202109:18Eurozone Q2 GDP Growth Revised Higher to 2.2%
Aug 17, 202109:12Eurozone Q2 GDP Growth Confirmed at 2%
Jul 30, 202109:07Eurozone Economic Recovery Beats Expectations
Dec 5, 201911:23Eurozone Q3 GDP Growth Confirmed at 0.2%
Nov 14, 201910:30Eurozone Q3 GDP Growth Confirmed at 0.2%
DATETIMEEVENTActual
Oct 30, 202010:00GDP Growth Rate QoQ Flash12.7 %
Aug 14, 202009:00GDP Growth Rate QoQ 2nd Est-12.1 %
Jul 31, 202009:00GDP Growth Rate QoQ Flash-12.1 %
May 15, 202009:00GDP Growth Rate QoQ 2nd Est-3.8 %
Apr 30, 202009:00GDP Growth Rate QoQ Flash-3.8 %
Mar 10, 202010:00GDP Growth Rate QoQ 3rd Est0.1 %
Feb 14, 202010:00GDP Growth Rate QoQ 2nd Est0.1 %

Euro Area gdp Indicators

All Euro Area indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
GDP
13,011.01
Dec 2020
13,406.73
Dec 2019
245.46
Dec 1960
14,124.88
Dec 2008
USD BillionYearly1960 - 2020
GDP Annual Growth Rate
3.7
Sep 2021
14.2
Jun 2021
-14.7
Jun 2020
14.2
Jun 2021
%Quarterly1995 - 2021
Gdp Constant Prices
2,836.1
Sep 2021
2,774.75
Jun 2021
1,879.59
Mar 1995
2,844.44
Dec 2019
EUR BillionQuarterly1995 - 2021
GDP Growth Rate
2.2
Sep 2021
2.1
Jun 2021
-11.7
Jun 2020
12.5
Sep 2020
%Quarterly1995 - 2021
GDP per capita
34,423.5
Dec 2020
36,837.32
Dec 2019
10,826.5
Dec 1960
40,954
Dec 2018
USDYearly1960 - 2020
GDP per capita PPP
43,681.04
Dec 2020
46,913.55
Dec 2019
28,133
Dec 1990
46,913.55
Dec 2019
USDYearly1990 - 2020

GDP Growth Rate across Europe

GDP Growth Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Albania
2.11
Jun 2021
2.3
Mar 2021
-8.8
Jun 2020
9.8
Sep 2020
%Quarterly2005 - 2021
Austria
3.3
Sep 2021
4
Jun 2021
-11.6
Jun 2020
12
Sep 2020
%Quarterly1996 - 2021
Belgium
1.8
Sep 2021
1.7
Jun 2021
-11.8
Jun 2020
15.8
Mar 1995
%Quarterly1980 - 2021
Bosnia and Herzegovina
1.9
Jun 2021
4.6
Mar 2021
-10.5
Jun 2020
6
Dec 2010
%Quarterly2009 - 2021
Czech Republic
1.4
Sep 2021
1
Jun 2021
-8.7
Jun 2020
7.1
Sep 2020
%Quarterly1995 - 2021
Denmark
2
Sep 2021
2.8
Jun 2021
-7.1
Jun 2020
5.2
Sep 2020
%Quarterly1991 - 2021

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