GDP Constant Prices in European Union increased to 3186.56 EUR Billion in the third quarter of 2020 from 2854.94 EUR Billion in the second quarter of 2020. source: Eurostat

GDP Constant Prices in European Union averaged 2802.67 EUR Billion from 1995 until 2020, reaching an all time high of 3332.87 EUR Billion in the fourth quarter of 2019 and a record low of 2187.85 EUR Billion in the first quarter of 1995. This page provides - European Union GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union GDP Constant Prices - values, historical data and charts - was last updated on November of 2020.

GDP Constant Prices in European Union is expected to be 3186.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in European Union to stand at 3416.00 in 12 months time. In the long-term, the European Union GDP Constant Prices is projected to trend around 3342.00 EUR Billion in 2021 and 3419.00 EUR Billion in 2022, according to our econometric models.

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European Union GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
3186.56 2854.94 3332.87 2187.85 1995 - 2020 EUR Billion Quarterly
Constant Prices 2015, SA

European Union GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -4.30 -13.90 4.50 -13.90 percent [+]
GDP 15592.80 15932.00 16236.80 503.70 USD Billion [+]
Gross Fixed Capital Formation 602.37 711.96 746.04 444.12 EUR Billion [+]
GDP Constant Prices 3186.56 2854.94 3332.87 2187.85 EUR Billion [+]
GDP Growth Rate 11.60 -11.40 11.60 -11.40 percent [+]
GDP Per Capita 37104.00 36607.50 37104.00 10071.50 USD [+]
GDP Per Capita Ppp 44369.60 43711.30 44369.60 28596.70 USD [+]