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Eurostat figures placed the European Union’s gross domestic product at €18.8 trillion in purchasing power standards for 2025. The statistics office noted that this total equated to an average of €41,570 per inhabitant across the bloc. Real GDP rose 1.4 percent from 2024 levels according to the data extracted in July 2026.
Germany contributed the largest share at €4.5 trillion or 23.8 percent of the EU total, Eurostat reported. The euro area accounted for 81.9 percent of overall EU GDP in the measurements, according to the statistics office. Such concentrations illustrate the varied economic outputs among the 27 member states.
The statistics office recorded positive contributions to the 1.4 percent expansion from final consumption expenditure, gross capital formation and the external balance. Average annual real GDP growth stood at 1.2 percent for the EU and 1.0 percent for the euro area between 2006 and 2025, Eurostat data shows. These rates incorporate the effects of the global financial crisis and the COVID-19 pandemic.
Services represented 73.7 percent of gross value added in the EU during 2025, according to Eurostat figures. The statistics office compiles the national accounts using standardized data submitted by all member states. An update to the dataset is scheduled for July 2027.
The International Monetary Fund estimated EU nominal GDP at 23.03 trillion dollars for 2026 in its April 2026 World Economic Outlook. This nominal figure aligns with the Eurostat purchasing power standard valuation when accounting for exchange rates and methodological differences. The data confirms the EU’s position as one of the world’s largest economies.
Eurostat emphasized that the PPS measure supports comparisons of economic output across countries rather than over time. The statistics office draws the information from established sources including naida_10_gdp and nama_10_gdp. Economists rely on these releases to monitor developments within the single market.
