The Gross Domestic Product (GDP) in European Union was worth 18349.39 billion US dollars in 2023, according to official data from the World Bank. The GDP value of European Union represents 17.40 percent of the world economy. This page provides the latest
The European Union lowered its 2024 Eurozone GDP forecast from 1.2% to 0.8%.The translation is provided by third-party software. The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the ...
…it stopped being the EEC and became the European Union.…A big polity can prosper, but only if it behaves like a confederation of statelets. The supreme exemplar is the U.S., the only large nation that gets anywhere near the top of those GDP rankings… I’m not wild about the ...
The smallest economy in this statistic is that of the small Balkan nation of Montenegro, which had a GDP of 5.7 billion Euros. In this year, the combined GDP of the 27 member states that compose the European Union amounted to approximately 17.1 trillion Euros. The big five Germany’s ...
This chapter describes different effects of inflation and GDP on the European Union countries pointing out the costs attendant on high and low rate of inflation. To improve the understanding of GDP and inflation differences there were applied statistical methods. They verified some of the big ...
The chart of the entire available history of the "European Union Economic Sentiment Indicator" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates. A significant deviation of a real value from a forecast one may cause a shor...
The member countries of theOrganisation for European Economic Co-operation(OEEC; 1948) originally proposed an OEEC-wide free-trade area to which countries not wishing to join theEuropean Economic Community(EEC; now part of the European Union) could belong and in which the EEC would function as...
Five of the six founders of the EU—Germany, France, Italy, the Netherlands, Belgium—are in the top 10 biggest economies of the EU. Ireland and Denmark, the next entrants into the union (1973) are ranked 9th and 11th respectively. The bottom 10 countries all joined the EU post-2004. ...
Total population of the European Union (EU) 2023 Number of countries in the European Union 1958-2020 GDP of the European Union 2011-2023 GDP of European countries in 2023 Real GDP growth rates in Europe 2024 Discover Statista Statista Search Statista Search Need help with using Statista for...
US Inflation Reduction Act, for instance, provides nearly $400 billion of energy and climate funding, most in the form of tax credits; to claim many of those credits, manufacturing must occur on US soil. China funds industrial policy to the tune of 2 to 5 percent of GDP, while the EU ...