European Union Nominal GDP
Key information about European Union Nominal GDP
- European Union Nominal GDP reached 4,141.8 USD bn in Dec 2022, compared with 4,002.8 USD bn in the previous quarter.
- Nominal GDP in EU is updated quarterly, available from Mar 1999 to Dec 2022, with an average number of 3,579.7 USD bn.
- The data reached an all-time high of 4,357.5 USD bn in Jun 2008 and a record low of 1,739.3 USD bn in Dec 2000.
CEIC converts quarterly Nominal GDP into USD. Eurostat provides Nominal GDP in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. European Union stands for EU27 excluding UK.
Related information about European Union Nominal GDP
- In the latest reports, EU GDP expanded 1.7 % YoY in Dec 2022.
- Its GDP deflator (implicit price deflator) increased 6.2 % in Dec 2022.
- EU GDP Per Capita reached 38,451.0 USD in Dec 2021.
- Its Gross Savings Rate was measured at 26.0 % in Dec 2022.
- For Nominal GDP contributions, Investment accounted for 24.3 % in Dec 2022.
- Public Consumption accounted for 22.2 % in Dec 2022.
- Private Consumption accounted for 51.8 % in Dec 2022.
View European Union's Nominal GDP from Mar 1999 to Dec 2022 in the chart:
What was European Union's Nominal GDP in Dec 2022?
European Union Nominal GDP reached 4,141.8 USD bn in Dec 2022, compared with 4,002.8 USD bn in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
4,141,831.0 Dec 2022 | 4,002,842.3 Sep 2022 | 1,739,337.3 Dec 2000 | 4,357,484.2 Jun 2008 | USD mn | quarterly | Mar 1999 - Dec 2022 |
Nominal GDP by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Albania (USD mn) | 1,020.5 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
Algeria (USD mn) | 49,686.2 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
Argentina (USD mn) | 161,468.8 Sep 2022 | quarterly | Mar 1993 - Sep 2022 |
Armenia (USD mn) | 4,555.0 Mar 2023 | quarterly | Dec 1994 - Mar 2023 |
Australia (USD mn) | 440,146.9 Mar 2023 | quarterly | Sep 1959 - Mar 2023 |
Austria (USD mn) | 117,117.1 Dec 2022 | quarterly | Mar 1988 - Dec 2022 |
Azerbaijan (USD mn) | 20,960.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
Bahrain (USD mn) | 11,004.5 Dec 2022 | quarterly | Mar 2007 - Dec 2022 |
Bangladesh (USD mn) | 460,199.8 2022 | yearly | 1960 - 2022 |
Belarus (USD mn) | 16,878.2 Mar 2023 | quarterly | Mar 1994 - Mar 2023 |
Belgium (USD mn) | 153,814.1 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Bolivia (USD mn) | 10,724.0 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
Bosnia and Herzegovina (USD mn) | 6,170.0 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
Botswana (USD mn) | 5,136.2 Mar 2023 | quarterly | Sep 1993 - Mar 2023 |
Brazil (USD mn) | 486,069.0 Mar 2023 | quarterly | Mar 1990 - Mar 2023 |
Brunei (USD mn) | 4,130.1 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
Bulgaria (USD mn) | 24,538.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Cambodia (USD mn) | 29,598.9 2022 | yearly | 1993 - 2022 |
Canada (USD mn) | 513,543.5 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
Chile (USD mn) | 69,075.0 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
China (USD mn) | 4,166,759.1 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
Colombia (USD mn) | 79,499.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
Croatia (USD mn) | 17,564.7 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Cyprus (USD mn) | 7,631.5 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Czech Republic (USD mn) | 72,034.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Denmark (USD mn) | 96,987.7 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
Ecuador (USD mn) | 29,334.6 Sep 2022 | quarterly | Mar 1991 - Sep 2022 |
Egypt (USD mn) | 108,969.4 Dec 2022 | quarterly | Sep 2001 - Dec 2022 |
Estonia (USD mn) | 9,214.3 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
European Union (USD mn) | 4,141,831.0 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
Finland (USD mn) | 73,976.2 Mar 2023 | quarterly | Mar 1990 - Mar 2023 |
France (USD mn) | 689,415.2 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
Georgia (USD mn) | 7,535.8 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
Germany (USD mn) | 1,072,807.2 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
Ghana (USD mn) | 16,953.8 Jun 2023 | quarterly | Mar 2006 - Jun 2023 |
Greece (USD mn) | 50,731.1 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
Hong Kong SAR, China (USD mn) | 94,469.6 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
Hungary (USD mn) | 42,734.0 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Iceland (USD mn) | 7,161.1 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
India (USD mn) | 873,666.0 Mar 2023 | quarterly | Jun 1996 - Mar 2023 |
Indonesia (USD mn) | 328,642.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Iran (USD mn) | 429,426.7 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
Ireland (USD mn) | 133,294.5 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Israel (USD mn) | 133,411.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Italy (USD mn) | 538,664.9 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Ivory Coast (USD mn) | 11,011.3 Sep 2022 | quarterly | Mar 1997 - Sep 2022 |
Japan (USD mn) | 991,864.7 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
Jordan (USD mn) | 11,474.4 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
Kazakhstan (USD mn) | 76,997.7 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
Kenya (USD mn) | 26,869.9 Sep 2022 | quarterly | Mar 2009 - Sep 2022 |
South Korea (USD mn) | 429,247.3 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
Kosovo (USD mn) | 2,510.1 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
Kuwait (USD mn) | 27,984.3 Dec 2020 | quarterly | Mar 2010 - Dec 2020 |
Kyrgyzstan (USD mn) | 2,120.3 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
Laos (USD mn) | 15,362.5 2022 | yearly | 1984 - 2022 |
Latvia (USD mn) | 10,411.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Lebanon (USD mn) | 63,482.3 2020 | yearly | 1997 - 2020 |
Lithuania (USD mn) | 19,049.1 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Luxembourg (USD mn) | 22,027.3 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Macau SAR, China (USD mn) | 6,008.2 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
North Macedonia (USD mn) | 3,828.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
Malawi (USD mn) | 10,862.6 2019 | yearly | 1960 - 2019 |
Malaysia (USD mn) | 102,217.9 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
Malta (USD mn) | 4,614.7 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
Mauritius (USD mn) | 3,723.6 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
Mexico (USD mn) | 372,043.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Moldova (USD mn) | 3,863.7 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Mongolia (USD mn) | 3,889.7 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
Montenegro (USD mn) | 1,835.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Morocco (USD mn) | 33,460.2 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
Mozambique (USD mn) | 15,777.0 2021 | yearly | 1963 - 2021 |
Myanmar (USD mn) | 66,719.6 2018 | yearly | 2001 - 2018 |
Nepal (USD mn) | 40,828.2 2022 | yearly | 2001 - 2022 |
Netherlands (USD mn) | 272,109.1 Mar 2023 | quarterly | Mar 1988 - Mar 2023 |
New Zealand (USD mn) | 58,483.4 Dec 2022 | quarterly | Jun 1987 - Dec 2022 |
Nigeria (USD mn) | 111,302.5 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
Norway (USD mn) | 133,727.8 Dec 2022 | quarterly | Mar 1978 - Dec 2022 |
Oman (USD mn) | 27,116.8 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
Pakistan (USD mn) | 341,308.8 2023 | yearly | 2000 - 2023 |
Palestinian Territory (USD mn) | 4,747.2 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
Panama (USD mn) | 18,056.7 Sep 2022 | quarterly | Mar 2007 - Sep 2022 |
Paraguay (USD mn) | 10,371.6 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
Peru (USD mn) | 60,278.3 Mar 2023 | quarterly | Mar 1979 - Mar 2023 |
Philippines (USD mn) | 112,472.0 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
Poland (USD mn) | 188,184.3 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Portugal (USD mn) | 60,609.1 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
Qatar (USD mn) | 62,753.6 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Romania (USD mn) | 84,896.6 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Russia (USD mn) | 677,540.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Saudi Arabia (USD mn) | 272,995.3 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
Serbia (USD mn) | 17,095.0 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Singapore (USD mn) | 120,606.6 Mar 2023 | quarterly | Mar 1975 - Mar 2023 |
Slovakia (USD mn) | 31,651.0 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Slovenia (USD mn) | 15,628.1 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
South Africa (USD mn) | 98,826.0 Sep 2022 | quarterly | Mar 1960 - Sep 2022 |
Spain (USD mn) | 377,281.4 Mar 2023 | quarterly | Mar 1970 - Mar 2023 |
Sri Lanka (USD mn) | 17,949.0 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
Sudan (USD mn) | 30,863.0 2021 | yearly | 1960 - 2021 |
Sweden (USD mn) | 145,310.7 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Switzerland (USD mn) | 201,987.0 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
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Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 3.7 2017 | yearly | 2008 - 2017 |
Household Debt: % of GDP (%) | 47.7 Jun 2023 | quarterly | Sep 1997 - Jun 2023 |
Money Supply M1 (USD mn) | 11,170,863.789 Sep 2023 | monthly | Jan 1999 - Sep 2023 |
Money Supply M2 (USD mn) | 15,990,906.312 Sep 2023 | monthly | Jan 1999 - Sep 2023 |
M2 Growth (%) | -2.2 Sep 2023 | monthly | Jan 1981 - Sep 2023 |
Reserve Requirement Ratio (%) | 1.0 Nov 2023 | monthly | Jan 1999 - Nov 2023 |
Foreign Exchange Reserves (USD mn) | 290,838.5 Aug 2023 | monthly | Dec 1999 - Aug 2023 |
Foreign Exchange Reserves: % of GDP (%) | 1.938 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 1.3 Aug 2023 | monthly | Jan 2002 - Aug 2023 |
Total Deposits (USD mn) | 15,827,617.002 Sep 2023 | monthly | Jan 1999 - Sep 2023 |
Total Deposits Growth (%) | -1.0 Sep 2023 | monthly | Sep 1998 - Sep 2023 |
Domestic Credit (USD mn) | 25,959,601.5 Aug 2023 | monthly | Jan 1999 - Aug 2023 |
Domestic Credit Growth (%) | 1.5 Aug 2023 | monthly | Sep 1998 - Aug 2023 |
Household Debt (USD mn) | 7,027,052.2 Sep 2023 | monthly | Jan 1999 - Sep 2023 |
Total Loans (USD mn) | 19,163,341.836 Sep 2023 | monthly | Jan 1999 - Sep 2023 |
Total Loans Growth (%) | -1.08 Sep 2023 | monthly | Sep 1998 - Sep 2023 |
Private Debt: % of Nominal GDP (%) | 84.62 Jun 2023 | quarterly | Sep 1997 - Jun 2023 |
Money Supply M3: Outstanding (EUR bn) | 16,011.857 Sep 2023 | monthly | Jan 1970 - Sep 2023 |
Money Supply M2: Outstanding (EUR bn) | 15,110.780 Sep 2023 | monthly | Jan 1980 - Sep 2023 |
Money Supply M2: swda: Outstanding (EUR bn) | 15,108.566 Sep 2023 | monthly | Jan 1980 - Sep 2023 |
Money Supply M3: swda: Outstanding (EUR bn) | 16,017.399 Sep 2023 | monthly | Jan 1980 - Sep 2023 |
Money Supply M1: Outstanding (EUR bn) | 10,544.954 Sep 2023 | monthly | Jan 1970 - Sep 2023 |
Money Supply M1: swda: Outstanding (EUR bn) | 10,554.482 Sep 2023 | monthly | Jan 1980 - Sep 2023 |
Eurosystem: ORA: Foreign Currency Reserves (FCR) (EUR bn) | 266.422 Jul 2023 | monthly | Nov 1999 - Jul 2023 |
Eurosystem: Official Reserve Assets (ORA) (EUR bn) | 1,118.767 Aug 2023 | monthly | Nov 1999 - Aug 2023 |
MFIs Loans: Outstanding: Non Financial Sector (EUR bn) | 5,104.653 Sep 2023 | monthly | Sep 1997 - Sep 2023 |
MFIs Loans: Outstanding: Households: Consumer Credit (CS) (EUR bn) | 686.042 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
MFIs Loans: Outstanding: Households: HP: Over 5 Years (EUR bn) | 4,296.809 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
MFIs Deposits: Outstanding: Non Financial Corp (NFC) (EUR bn) | 3,461.583 Sep 2023 | monthly | Sep 1997 - Sep 2023 |
MFIs Deposits: Outstanding: Households (EUR bn) | 9,051.540 Sep 2023 | monthly | Sep 1997 - Sep 2023 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -7.4 Oct 2023 | monthly | Jan 1986 - Oct 2023 |
BE: Industrial Confidence Indicator (ICI): sa: NACE 2 (% Point) | -20.300 Oct 2023 | monthly | Jan 1985 - Oct 2023 |
Construction Confidence Indicator (CCI): sa: EU 27 excl UK (EU 27E) (% Point) | -15.900 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
Economic Sentiment Index: sa: EU 27 excl UK (NA) | 65.800 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
Industrial Confidence Indicator (ICI): sa: EA 19 (% Point) | 5.80 Jul 2018 | monthly | Jan 1985 - Jul 2018 |
Industrial Confidence Indicator (ICI): sa: EU 27 excl UK (EU 27E) (% Point) | -30.600 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
Service Confidence Indicator (SCI): sa: Euro Area 19 (% Point) | 15.30 Jul 2018 | monthly | Jan 1996 - Jul 2018 |
Service Confidence Indicator (SCI): sa: EU 27 excl UK (EU 27E) (% Point) | -35.400 Apr 2020 | monthly | Oct 1996 - Apr 2020 |
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