What is the GDP of the European Union in 2014?

What is the GDP of the European Union in 2014?

$13.05 trillion
$6,650 billion (2019 est.) $13.05 trillion (31 December 2014 est.)

What is the GDP of the European Union?

approximately 14.45 trillion euros
In 2021 the gross domestic product of the European Union amounted to approximately 14.45 trillion euros. GDP is the total value of all goods and services produced in a country within a year. It is an important indicator of the economic strength of a country.

Which EU member has the largest GDP?

Germany
List of European countries by GDP. Germany is the largest economy in Europe, followed by United Kingdom, France, Italy, and Russia. These five together hold a 50% share of the European economy. Total ten European economies represent almost 80% share.

What is the GDP of the European Union 2017?

€15 300 billion
In 2017, the gross domestic product (GDP) of the European Union (EU) amounted to €15 300 billion (bn) at current prices. Over half of it was generated by three Member States: Germany, the United Kingdom and France.

What is the EU’s GDP 2019?

In 2019, the gross domestic product (GDP) of the European Union (EU) stood at around €13 900 billion at current prices. In real terms, the EU’s GDP in 2019 was 17% higher than its level one decade earlier.

Is GDP of EU larger than US?

According to estimates by World Bank from 1966 to 2019, the US has higher gdp for 41 years, and European Union has higher gdp for 12 years.

What is the GDP of European Union in 2022?

The outlook in the EU is now for lower growth and higher inflation, especially for 2022. Real GDP growth in both the EU and the euro area is now expected at 2.7% in 2022 and 2.3% in 2023, down from 4.0% and 2.8% (2.7% in the euro area), respectively, in the Winter 2022 interim forecast (WiF).

Which EU countries had the highest GDP in 2021?

In 2021, Luxembourg recorded the highest level of GDP per capita in the EU followed by Ireland. Bulgaria had the lowest level of GDP per capita in the EU in 2021, followed by Greece and Slovakia.

What is the GDP of European Union in 2005?

$11,897.43B
European Union GDP 1966-2022

What is the GDP of the EU 2022?

GDP in European Union is expected to reach 16200.00 USD Billion by the end of 2022, according to Trading Economics global macro models and analysts expectations.

What is the GDP of Europe 2021?

around US$23.4 trillion
GDP of Europe The European economy, comprising 42 economies, in 2021 is projected around US$23.4 trillion in nominal terms, $2.6 trillion more than 2020, calculated by taking figures from the IMF. The GDP of Europe is $1 tn more than the US’s GDP, the largest economy in the world.

Which EU countries had the highest GDP in 2018?

List of nominal GDP for European countries in billion USD

Which EU countries had the highest GDP in 2019?

Almost a quarter of the EU’s GDP (24.7%) was generated by Germany, followed by France (17.4%) and Italy (12.8%), ahead of Spain (8.9%) and the Netherlands (5.8%).