The Gross Domestic Product (GDP) in European Union expanded 0.70 percent in the second quarter of 2022 over the previous quarter. source: EUROSTAT
GDP Growth Rate in European Union averaged 0.42 percent from 1995 until 2022, reaching an all time high of 11.80 percent in the third quarter of 2020 and a record low of -11.20 percent in the second quarter of 2020. This page provides the latest reported value for - European Union GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. European Union GDP Growth Rate - values, historical data and charts - was last updated on October of 2022.
GDP Growth Rate in European Union is expected to be -0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union GDP Growth Rate is projected to trend around 0.40 percent in 2023 and 0.30 percent in 2024, according to our econometric models.