The gross domestic product in the Euro Area expanded 1.2 percent year-on-year in the first quarter of 2019, the same pace as in the previous period and in line with early estimates. GDP Annual Growth Rate in the Euro Area averaged 1.69 percent from 1995 until 2019, 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 1.20 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 1.40 in 12 months time. In the long-term, the Euro Area GDP Annual Growth Rate is projected to trend around 1.60 percent in 2020, according to our econometric models.

Euro Area GDP Annual Growth Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-14 10:00 AM GDP Growth Rate YoY 2nd Est 1.2% 1.6% 1.7% 1.2%
2019-03-07 10:00 AM GDP Growth Rate YoY 3rd Est 1.1% 1.6% 1.2% 1.2%
2019-04-30 09:00 AM GDP Growth Rate YoY Flash 1.2% 1.2% 1.1% 1%
2019-05-15 09:00 AM GDP Growth Rate YoY 2nd Est 1.2% 1.2% 1.2% 1.2%
2019-06-06 09:00 AM GDP Growth Rate YoY 3rd Est 1.2% 1.2% 1.2%
2019-07-31 09:00 AM GDP Growth Rate YoY Flash 1.2%
2019-08-14 09:00 AM GDP Growth Rate YoY 2nd Est 1.2%


Euro Area GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.20 1.30 -3.00 percent [+]
GDP Annual Growth Rate 1.20 1.20 5.00 -5.50 percent [+]
GDP 12589.50 11934.74 14113.09 245.48 USD Billion [+]
GDP Constant Prices 2662.19 2651.45 2662.19 1768.38 EUR Billion [+]
Gross Fixed Capital Formation 561.04 557.75 575.55 381.18 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 [+]


Euro Area GDP Annual Growth Rate

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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.20 1.20 5.00 -5.50 1995 - 2019 percent Quarterly




Country Last Previous
India 6.60 Dec/18
China 6.40 Mar/19
Indonesia 5.07 Mar/19
Saudi Arabia 3.60 Dec/18
United States 3.20 Mar/19
Spain 2.40 Mar/19
Australia 2.30 Dec/18
South Korea 1.80 Mar/19
United Kingdom 1.80 Mar/19
Netherlands 1.70 Mar/19
Canada 1.60 Dec/18
Switzerland 1.40 Dec/18
Mexico 1.30 Mar/19
Singapore 1.30 Mar/19
Euro Area 1.20 Mar/19
Brazil 1.10 Dec/18
France 1.10 Mar/19
South Africa 1.10 Dec/18
Germany 0.70 Mar/19
Russia 0.50 Mar/19
Japan 0.30 Dec/18
Italy 0.10 Mar/19
Turkey -3.00 Dec/18
Argentina -6.20 Dec/18


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