The Euro Area economy shrank an annualized 39.4 percent on quarter in the second quarter of 2020, the biggest plunge ever due to the coronavirus crisis.

Gdp Growth Annualized in the Euro Area averaged 1.01 percent from 1995 until 2020, reaching an all time high of 5.10 percent in the second quarter of 1997 and a record low of -39.40 percent in the second quarter of 2020. This page provides - Euro Area Gdp Growth Annualized- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Gdp Growth Annualized - values, historical data and charts - was last updated on October of 2020. source: Eurostat

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Euro Area Gdp Growth Annualized

Actual Previous Highest Lowest Dates Unit Frequency
-39.40 -14.10 5.10 -39.40 1995 - 2020 percent Quarterly
SA

Euro Area GDP Last Previous Highest Lowest Unit
GDP Growth Rate -11.80 -3.70 1.30 -11.80 percent [+]
GDP Annual Growth Rate -14.70 -3.20 5.00 -14.70 percent [+]
GDP 13335.84 13662.05 14098.98 244.90 USD Billion [+]
GDP Constant Prices 2416.14 2738.44 2844.28 1879.09 EUR Billion [+]
Gross Fixed Capital Formation 498.91 601.36 634.33 400.29 EUR Billion [+]
GDP per capita 41387.60 40954.00 41387.60 10732.40 USD [+]
GDP per capita PPP 47037.10 46539.70 47037.10 32778.60 USD [+]
Gdp Growth Annualized -39.40 -14.10 5.10 -39.40 percent [+]