GDP (IMF) — all countries

GDP (IMF) — European Union

GDP (IMF) in the European Union in 2031 — 27,361.5 bn US$. Since 1980, the indicator has risen by 752.7%.

2031 27,361.5 bn US$ +3.39% vs 2030
World rank
Period maximum 27,361.5 bn US$2031
Period minimum 2,588.1 bn US$1984

Trend over time

1980–2031 · billion US$

GDP (IMF) — European Union, 1980–2031010,00020,00030,00019801986199219982004201020162022202820311980: 3,208.8 bn US$1981: 2,836.4 bn US$1982: 2,749.2 bn US$1983: 2,688.4 bn US$1984: 2,588.1 bn US$1985: 2,665 bn US$1986: 3,655.2 bn US$1987: 4,479.9 bn US$1988: 4,949.3 bn US$1989: 5,037.4 bn US$1990: 6,201.4 bn US$1991: 6,612.8 bn US$1992: 7,294.8 bn US$1993: 6,668.1 bn US$1994: 7,077.6 bn US$1995: 8,288.3 bn US$1996: 8,422.2 bn US$1997: 7,732.9 bn US$1998: 7,967.9 bn US$1999: 7,936.7 bn US$2000: 7,284 bn US$2001: 7,397.9 bn US$2002: 8,085.1 bn US$2003: 9,942 bn US$2004: 11,430.7 bn US$2005: 11,947.2 bn US$2006: 12,756.3 bn US$2007: 14,782 bn US$2008: 16,361.6 bn US$2009: 14,831.7 bn US$2010: 14,652.7 bn US$2011: 15,872.8 bn US$2012: 14,740.1 bn US$2013: 15,398.8 bn US$2014: 15,767.7 bn US$2015: 13,657.2 bn US$2016: 13,984.5 bn US$2017: 14,867.4 bn US$2018: 16,099 bn US$2019: 15,810.5 bn US$2020: 15,493.9 bn US$2021: 17,505.5 bn US$2022: 17,036.3 bn US$2023: 18,669.3 bn US$2024: 19,499 bn US$2025: 21,231.6 bn US$2026: 23,034.6 bn US$2027: 23,839.3 bn US$2028: 24,703.7 bn US$2029: 25,577.8 bn US$2030: 26,464.3 bn US$2031: 27,361.5 bn US$
Change over the period: +24,152.7 (+752.7%) Average annual rate: 4.29 %

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: European Union

European Union 27,361.5 bn US$
World computed 157,296.9 bn US$
GDP (IMF) — European Union, by year European Union All countries CSV XLSX
Year bn US$ Change Change, %
2031 27,361.5 +897.3 +3.39%
2030 26,464.3 +886.5 +3.47%
2029 25,577.8 +874.1 +3.54%
2028 24,703.7 +864.4 +3.63%
2027 23,839.3 +804.7 +3.49%
2026 23,034.6 +1,803.1 +8.49%
2025 21,231.6 +1,732.5 +8.89%
2024 19,499 +829.8 +4.44%
2023 18,669.3 +1,633 +9.59%
2022 17,036.3 −469.2 −2.68%
2021 17,505.5 +2,011.6 +12.98%
2020 15,493.9 −316.6 −2%
2019 15,810.5 −288.5 −1.79%
2018 16,099 +1,231.5 +8.28%
2017 14,867.4 +882.9 +6.31%
2016 13,984.5 +327.3 +2.4%
2015 13,657.2 −2,110.5 −13.39%
2014 15,767.7 +368.9 +2.4%
2013 15,398.8 +658.7 +4.47%
2012 14,740.1 −1,132.7 −7.14%
2011 15,872.8 +1,220.2 +8.33%
2010 14,652.7 −179 −1.21%
2009 14,831.7 −1,529.9 −9.35%
2008 16,361.6 +1,579.6 +10.69%
2007 14,782 +2,025.8 +15.88%
2006 12,756.3 +809.1 +6.77%
2005 11,947.2 +516.5 +4.52%
2004 11,430.7 +1,488.6 +14.97%
2003 9,942 +1,856.9 +22.97%
2002 8,085.1 +687.1 +9.29%
2001 7,397.9 +114 +1.56%
2000 7,284 −652.7 −8.22%
1999 7,936.7 −31.3 −0.39%
1998 7,967.9 +235 +3.04%
1997 7,732.9 −689.3 −8.18%
1996 8,422.2 +133.9 +1.62%
1995 8,288.3 +1,210.7 +17.11%
1994 7,077.6 +409.5 +6.14%
1993 6,668.1 −626.7 −8.59%
1992 7,294.8 +681.9 +10.31%
1991 6,612.8 +411.5 +6.64%
1990 6,201.4 +1,164 +23.11%
1989 5,037.4 +88.1 +1.78%
1988 4,949.3 +469.4 +10.48%
1987 4,479.9 +824.6 +22.56%
1986 3,655.2 +990.3 +37.16%
1985 2,665 +76.9 +2.97%
1984 2,588.1 −100.3 −3.73%
1983 2,688.4 −60.9 −2.21%
1982 2,749.2 −87.2 −3.07%
1981 2,836.4 −372.4 −11.61%
1980 3,208.8

About the indicator

Gross domestic product in current prices, in billions of US dollars, from the IMF World Economic Outlook database. It differs from the World Bank series in the method of conversion into dollars and in that the most recent years are estimates while the next five are IMF projections. That makes the series convenient for planning, but part of the values are calculations rather than facts.

Important: Values for the current and following years are IMF estimates and projections; they are revised with every WEO release, in April and October.

Source: World Economic Outlook (IMF), license IMF open data.