Euro Area GDP Annual Growth Rate

The Euro Area economy grew 1.6 percent year-on-year in the third quarter of 2018, following a 2.2 percent expansion in the previous period, the final estimate showed. GDP Annual Growth Rate in the Euro Area averaged 1.71 percent from 1995 until 2018, reaching an all time high of 5 percent in the first quarter of 1995 and a record low of -5.50 percent in the first quarter of 2009.

GDP Annual Growth Rate in Euro Area is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Euro Area to stand at 2.10 in 12 months time. In the long-term, the Euro Area GDP Annual Growth Rate is projected to trend around 2.30 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-09-07	09:00 AM	GDP Growth Rate YoY 3rd Est	2.1%	2.4%	2.2%	2.2%
2018-10-30	10:00 AM	GDP Growth Rate YoY Flash	1.7%	2.2%	1.8%	2.5%
2018-11-14	10:00 AM	GDP Growth Rate YoY 2nd Est	1.7%	2.2%	1.7%	1.7%
2018-12-07	10:00 AM	GDP Growth Rate YoY 3rd Est	1.6%	2.2%	1.7%	1.7%
2019-01-31	10:00 AM	GDP Growth Rate YoY Flash		1.6%		1.9%
2019-02-14	10:00 AM	GDP Growth Rate YoY 2nd Est		1.6%		1.9%
2019-03-07	10:00 AM	GDP Growth Rate YoY 3rd Est		1.6%		1.9%

Euro Area GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.20	0.40	1.30	-3.00	percent	[+]
GDP Annual Growth Rate	1.60	2.20	5.00	-5.50	percent	[+]
GDP	12589.50	11934.74	14113.09	245.48	USD Billion	[+]
GDP Constant Prices	2646.23	2642.13	2646.23	1768.47	EUR Billion	[+]
Gross Fixed Capital Formation	555.80	554.79	575.56	381.17	EUR Billion	[+]
GDP per capita	40088.65	39259.42	40088.65	10808.76	USD	[+]
GDP per capita PPP	39175.25	38359.70	39175.25	28115.88	USD	[+]

The Euro Area is the second largest economy in the world. Of the 19 member states it includes, the biggest are: Germany (29 percent of total GDP), France (20 percent), Italy (15 percent) and Spain (10 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 54 percent of its total use, followed by gross fixed capital formation (21 percent) and government expenditure (20 percent). Exports of goods and services account for 47 percent of GDP while imports account for 43 percent, adding 4 percent of total GDP. This page provides - Euro Area GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.60	2.20	5.00	-5.50	1995 - 2018	percent	Quarterly

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Country	Last		Previous	Range
India	7.10	Sep/18	8.2	11.4 : -5.2	%
China	6.50	Sep/18	6.7	15.4 : 3.8	%
Indonesia	5.17	Sep/18	5.27	7.16 : 1.56	%
United States	3.00	Sep/18	2.9	13.4 : -3.9	%
Australia	2.80	Sep/18	3.1	9 : -3.4	%
Mexico	2.50	Sep/18	2.6	9 : -9.1	%
Saudi Arabia	2.50	Sep/18	1.61	24.2 : -20.7	%
Netherlands	2.40	Sep/18	3.1	6.1 : -4.6	%
Spain	2.40	Sep/18	2.5	5.6 : -4.3	%
Switzerland	2.40	Sep/18	3.5	5.8 : -3.7	%
Singapore	2.20	Dec/18	2.3	19 : -8.8	%
Canada	2.10	Sep/18	1.9	9.3 : -4.1	%
South Korea	2.00	Sep/18	2.8	20.8 : -7.3	%
Euro Area	1.60	Sep/18	2.2	5 : -5.5	%
Turkey	1.60	Sep/18	5.3	11.7 : -14.4	%
Russia	1.50	Sep/18	1.9	12.1 : -11.2	%
United Kingdom	1.50	Sep/18	1.4	9.7 : -6.1	%
France	1.40	Sep/18	1.7	12.6 : -3.8	%
Brazil	1.30	Sep/18	0.9	10.1 : -5.5	%
Germany	1.10	Sep/18	2	7.2 : -6.8	%
South Africa	1.10	Sep/18	0.4	7.1 : -2.6	%
Italy	0.70	Sep/18	1.2	10.3 : -7.2	%
Japan	0.00	Sep/18	1.4	9.4 : -8.8	%
Argentina	-3.50	Sep/18	-4	16.2 : -16.3	%