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Euro Area real GDPEE

Euro Area real GDP

3.05 BEURR
+18.73 M
EUR
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EUGDPCP chart



Key data points


Last release
—
Observation period
Q1 2025
Next release
—
Forecast
—
Highest
‪3,021.66 T‬ EUR on Sep 30, 2024
Lowest
‪3.03 T‬ EUR on Dec 31, 2024

About Euro Area real GDP


Category
GDP
Source
EUROSTAT
Frequency
Quarterly
Units
EUR

European Union in figures — see more economic indicators tied to EUGDPCP.
Full Year GDP Growth
R
EUFYGDPG
0.9%
GDP
R
EUGDP
16.41 TUSD
Real GDP
R
EUGDPCP
3.05 BEUR
GDP Growth Annualized
R
EUGDPGA
2.5%
GDP Per Capita
R
EUGDPPC
38.15 KUSD
GDP Per Capita PPP
R
EUGDPPCP
56.33 KUSD
GDP Growth Rate
R
EUGDPQQ
0.6%
GDP Growth
R
EUGDPYY
1.5%
Gross Fixed Capital Formation
R
EUGFCF
639.25 BEUR

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Euro Area real GDP was 3.05 B EUR, and the quarter before it reached 3.03 B EUR.