Nominal GDP: in USD: EU

Macro

2026-07-02

Description

The European Union Nominal Gross Domestic Product (GDP) in US Dollars is published by Eurostat, the statistical office of the European Union. This indicator measures the total market value of all final goods and services produced within the EU during a specific period, expressed in current US dollars. It serves as a key indicator for assessing the EU's economic performance and overall economic health. Higher GDP figures generally indicate economic growth, while lower figures can signal economic troubles.

Nominal GDP is calculated by adding up the total market value of all final goods and services produced within the EU, without adjusting for inflation. It includes consumer spending, government spending, investment, and net exports (exports minus imports).

The data is updated quarterly and annually. Preliminary estimates are usually released within 45 days of the end of the reference quarter, with more detailed and final data released approximately 70 days after the end of the reference period.

Published by
World Bank (Choice)
Frequency
Yearly
Next Update
Hashtags
GDP European Union

AI Data Insight

The EU's nominal GDP reached $21.24 trillion in the fourth quarter of 2025, a significant increase of approximately 9.4% compared to $19.42 trillion in the same period last year. In addition to being driven by exchange rate and inflation effects, the real momentum of this robust expansion relies mainly on domestic household consumption and defensive front-loading of exports. Looking ahead, while easing expectations from the European Central Bank support domestic demand, potential US tariff policies and economic weakness in core countries remain major medium-term concerns.

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AI Data Insight

The EU's nominal GDP reached $21.24 trillion in the fourth quarter of 2025, a significant increase of approximately 9.4% compared to $19.42 trillion in the same period last year. In addition to being driven by exchange rate and inflation effects, the real momentum of this robust expansion relies mainly on domestic household consumption and defensive front-loading of exports. Looking ahead, while easing expectations from the European Central Bank support domestic demand, potential US tariff policies and economic weakness in core countries remain major medium-term concerns.

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Description

The European Union Nominal Gross Domestic Product (GDP) in US Dollars is published by Eurostat, the statistical office of the European Union. This indicator measures the total market value of all final goods and services produced within the EU during a specific period, expressed in current US dollars. It serves as a key indicator for assessing the EU's economic performance and overall economic health. Higher GDP figures generally indicate economic growth, while lower figures can signal economic troubles.

Nominal GDP is calculated by adding up the total market value of all final goods and services produced within the EU, without adjusting for inflation. It includes consumer spending, government spending, investment, and net exports (exports minus imports).

The data is updated quarterly and annually. Preliminary estimates are usually released within 45 days of the end of the reference quarter, with more detailed and final data released approximately 70 days after the end of the reference period.

Published by
World Bank (Choice)
Frequency
Yearly
Next Update
Hashtags
GDP European Union