European Union Nominal GDP Growth
1996 - 2024 | Quarterly | % | CEIC Data
Key information about EU Nominal GDP Growth
- European Union Nominal GDP Growth was reported at 4.145 % in Dec 2024.
- This records a decrease from the previous number of 4.350 % for Sep 2024.
- EU Nominal GDP Growth data is updated quarterly, averaging 3.822 % from Mar 1996 to Dec 2024, with 116 observations.
- The data reached an all-time high of 16.294 % in Jun 2021 and a record low of -11.067 % in Jun 2020.
- EU Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.
CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. Eurostat provides Nominal GDP in EUR. European Union stands for EU27 excluding UK.
View European Union's Nominal GDP Growth from Mar 1996 to Dec 2024 in the chart:
What was European Union's Nominal GDP Growth in Dec 2024?
European Union Nominal GDP Growth was reported at 4.145 % in Dec 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4.145 Dec 2024 | 4.350 Sep 2024 | -11.067 Jun 2020 | 16.294 Jun 2021 | % | quarterly | Mar 1996 - Dec 2024 |
Nominal GDP Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 6.526 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Algeria (%) | 3.990 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Argentina (%) | 208.098 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Armenia (%) | 5.482 Dec 2024 | quarterly | Dec 1995 - Dec 2024 |
| Australia (%) | 3.708 Dec 2024 | quarterly | Sep 1960 - Dec 2024 |
| Austria (%) | 1.931 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Azerbaijan (%) | 5.817 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Bahrain (%) | -0.880 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Bangladesh (%) | 11.397 2024 | yearly | 2007 - 2024 |
| Belarus (%) | 13.274 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Belgium (%) | 3.683 Dec 2024 | quarterly | Mar 1981 - Dec 2024 |
| Bolivia (%) | 6.158 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Bosnia and Herzegovina (%) | 1.927 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Botswana (%) | 0.082 Sep 2024 | quarterly | Sep 1994 - Sep 2024 |
| Brazil (%) | 9.591 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Brunei (%) | -2.064 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Bulgaria (%) | 7.546 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Cambodia (%) | 8.798 2022 | yearly | 1994 - 2022 |
| Canada (%) | 4.311 Sep 2024 | quarterly | Mar 1958 - Sep 2024 |
| Chile (%) | 9.139 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| China (%) | 4.619 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| Colombia (%) | 10.746 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Croatia (%) | 8.770 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Cyprus (%) | 5.817 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Czech Republic (%) | 5.594 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Denmark (%) | 9.999 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Ecuador (%) | 2.842 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
| Egypt (%) | 37.605 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Estonia (%) | 4.892 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| European Union (%) | 4.145 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Finland (%) | 2.813 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| France (%) | 2.432 Dec 2024 | quarterly | Mar 1950 - Dec 2024 |
| Georgia (%) | 15.756 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
| Germany (%) | 2.271 Dec 2024 | quarterly | Mar 1961 - Dec 2024 |
| Ghana (%) | 30.257 Dec 2024 | quarterly | Mar 2007 - Dec 2024 |
| Greece (%) | 5.578 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Hong Kong SAR, China (%) | 5.347 Dec 2024 | quarterly | Mar 1974 - Dec 2024 |
| Hungary (%) | 6.537 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Iceland (%) | 8.481 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| India (%) | 9.912 Dec 2024 | quarterly | Jun 1997 - Dec 2024 |
| Indonesia (%) | 7.020 Dec 2024 | quarterly | Mar 1994 - Dec 2024 |
| Iran (%) | 35.070 Mar 2024 | quarterly | Jun 1989 - Mar 2024 |
| Ireland (%) | 10.478 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Israel (%) | 11.169 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Italy (%) | 2.632 Dec 2024 | quarterly | Mar 1981 - Dec 2024 |
| Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
| Japan (%) | 3.995 Dec 2024 | quarterly | Mar 1981 - Dec 2024 |
| Jordan (%) | 4.600 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Kazakhstan (%) | 15.632 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Kenya (%) | 8.271 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| South Korea (%) | 5.415 Dec 2024 | quarterly | Mar 1961 - Dec 2024 |
| Kosovo (%) | 6.248 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Kuwait (%) | 3.246 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Kyrgyzstan (%) | 31.765 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Laos (%) | 23.128 2023 | yearly | 1985 - 2023 |
| Latvia (%) | 2.787 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 5.808 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Luxembourg (%) | 4.729 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Macau SAR, China (%) | 2.983 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| North Macedonia (%) | 6.039 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Malawi (%) | 31.544 2023 | yearly | 2003 - 2023 |
| Malaysia (%) | 5.497 Dec 2024 | quarterly | Mar 1992 - Dec 2024 |
| Malta (%) | 5.660 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Mauritius (%) | 9.785 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Mexico (%) | 6.870 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Moldova (%) | 5.567 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Mongolia (%) | 7.942 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Montenegro (%) | 5.713 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
| Morocco (%) | 5.964 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Mozambique (%) | 11.026 2023 | yearly | 1964 - 2023 |
| Nepal (%) | 6.662 2024 | yearly | 2002 - 2024 |
| Netherlands (%) | 6.420 Dec 2024 | quarterly | Mar 1989 - Dec 2024 |
| New Zealand (%) | 1.644 Sep 2024 | quarterly | Jun 1988 - Sep 2024 |
| Nigeria (%) | 18.914 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
| Norway (%) | 2.150 Dec 2024 | quarterly | Mar 1979 - Dec 2024 |
| Oman (%) | 3.409 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Pakistan (%) | 25.810 2024 | yearly | 2001 - 2024 |
| Palestinian Territory (%) | -26.929 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Panama (%) | 2.051 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Paraguay (%) | 6.257 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Philippines (%) | 7.442 Dec 2024 | quarterly | Mar 1982 - Dec 2024 |
| Poland (%) | 7.752 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Qatar (%) | 1.759 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
| Romania (%) | 8.126 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Russia (%) | 19.527 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Saudi Arabia (%) | 0.801 Dec 2024 | quarterly | Mar 2004 - Dec 2024 |
| Serbia (%) | 8.792 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Singapore (%) | 6.963 Dec 2024 | quarterly | Mar 1976 - Dec 2024 |
| Slovakia (%) | 4.096 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Slovenia (%) | 3.637 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| South Africa (%) | 4.279 Dec 2024 | quarterly | Mar 1961 - Dec 2024 |
| Spain (%) | 5.880 Dec 2024 | quarterly | Mar 1971 - Dec 2024 |
| Sri Lanka (%) | 8.262 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
| Sweden (%) | 4.155 Dec 2024 | quarterly | Mar 1981 - Dec 2024 |
| Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Syria (%) | 113.698 2022 | yearly | 1971 - 2022 |
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Learn more about what we doEuropean Union Key Series
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.7 2017 | yearly | 2008 - 2017 |
| Household Debt: % of GDP (%) | 44.1 Dec 2024 | quarterly | Sep 1997 - Dec 2024 |
| Money Supply M1 (USD mn) | 11,023,104.578 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
| Money Supply M2 (USD mn) | 16,206,204.586 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
| M2 Growth (%) | 3.3 Jan 2025 | monthly | Jan 1981 - Jan 2025 |
| Reserve Requirement Ratio (%) | 1.0 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
| Foreign Exchange Reserves (USD mn) | 297,453.5 Jan 2025 | monthly | Dec 1999 - Jan 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 1.915 Dec 2024 | quarterly | Dec 1999 - Dec 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.4 Dec 2024 | monthly | Jan 2002 - Dec 2024 |
| Total Deposits (USD mn) | 16,266,572.037 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
| Total Deposits Growth (%) | 3.8 Jan 2025 | monthly | Sep 1998 - Jan 2025 |
| Domestic Credit (USD mn) | 25,135,356.5 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Domestic Credit Growth (%) | 2.7 Dec 2024 | monthly | Sep 1998 - Dec 2024 |
| Household Debt (USD mn) | 6,956,182.2 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
| Total Loans (USD mn) | 19,557,431.930 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
| Total Loans Growth (%) | 3.91 Jan 2025 | monthly | Sep 1998 - Jan 2025 |
| Private Debt: % of Nominal GDP (%) | 78.27 Dec 2024 | quarterly | Sep 1997 - Dec 2024 |
| Money Supply M3: Outstanding (EUR bn) | 16,719.490 Jan 2025 | monthly | Jan 1970 - Jan 2025 |
| Money Supply M2: Outstanding (EUR bn) | 15,528.520 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| Money Supply M2: swda: Outstanding (EUR bn) | 15,582.889 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| Money Supply M3: swda: Outstanding (EUR bn) | 16,754.872 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| Money Supply M1: swda: Outstanding (EUR bn) | 10,599.139 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| Money Supply M1: Outstanding (EUR bn) | 10,525.431 Jan 2025 | monthly | Jan 1970 - Jan 2025 |
| Eurosystem: ORA: Foreign Currency Reserves (FCR) (EUR bn) | 286.127 Jan 2025 | monthly | Nov 1999 - Jan 2025 |
| Eurosystem: Official Reserve Assets (ORA) (EUR bn) | 1,457.531 Jan 2025 | monthly | Nov 1999 - Jan 2025 |
| MFIs Loans: Outstanding: Non Financial Sector (EUR bn) | 5,178.439 Jan 2025 | monthly | Sep 1997 - Jan 2025 |
| 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) | 3,532.244 Jan 2025 | monthly | Sep 1997 - Jan 2025 |
| MFIs Deposits: Outstanding: Households (EUR bn) | 9,493.509 Jan 2025 | monthly | Sep 1997 - Jan 2025 |
More Indicators for European Union
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