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EUR, Euro

Gross Domestic Product y/y

Country: European Union
Source: Eurostat
Sector: GDP
High 2.5% 2.5%
2.5%
Last release Importance Actual Forecast
Previous
2.5%
2.5%
Next release Actual Forecast
Previous

Gross Domestic Product y/y reflects the changes in the total value of all goods and services produced in the euro area in the specified quarter compared to the same quarter of the previous year. The calculation excludes the price of goods and services used in the intermediate manufacturing. The data are seasonally adjusted.

GDP is a key indicator of the economy development in the region. It allows evaluating the rate of the economic growth and living standard of the population.

The value exceeding expectations is seen as positive for EUR.

Chart

History

Export
Date (GMT)
Reference
Actual
Forecast
Previous
3 Q 2017 prelim.
2.5%
2.5%
2.5%
3 Q 2017 prelim.
2.5%
2.4%
2.3%
2 Q 2017
2.3%
2.3%
2.2%
2 Q 2017 prelim.
2.2%
2.2%
2.1%
2 Q 2017 prelim.
2.1%
1.8%
1.9%
1 Q 2017
1.9%
1.6%
1.7%
1 Q 2017 prelim.
1.7%
1.5%
1.7%
1 Q 2017 prelim.
1.7%
1.6%
1.8% Revised from 1.7%
4 Q 2016
1.7%
1.7%
4 Q 2016 prelim.
1.7%
1.8%