What was the economic growth in 2014?

Current-dollar GDP increased 3.9 percent, or $652.6 billion, in 2014 to a level of $17,420.7 billion, compared with an increase of 3.7 percent, or $604.9 billion, in 2013.

What is the GDP of the European Union in 2014?

$13.05 trillion
$6,650 billion (2019 est.) $13.05 trillion (31 December 2014 est.)

Is the EU economy growing?

The EU’s gross domestic product (GDP) will expand 2.7 percent this year and 2.3 percent in 2023, the bloc’s executive arm said Monday — its first economic predictions since Russia invaded Ukraine on February 24. The European Commission’s previous outlook expected growth of 4 percent this year and 2.8 percent in 2023.

What is EU growth?

GDP Annual Growth Rate in European Union averaged 1.63 percent from 1996 until 2022, reaching an all time high of 14 percent in the second quarter of 2021 and a record low of -13.80 percent in the second quarter of 2020.

What was the real GDP for 2014?

17.14 trillion
Show:

Date Value
Dec 31, 2016 17.81 trillion
Dec 31, 2015 17.46 trillion
Dec 31, 2014 17.14 trillion
Dec 31, 2013 16.71 trillion

How is the EU doing economically?

The EU accounts for around 15% of the world’s trade in goods. The EU, China and the United States are the three largest global players in international trade. In 2019, the EU accounted for € 4 071 billion in total global trade. Intra-EU trade was valued at € 3 061 billion in 2019.

Is the EU growing stronger?

After a soft patch, the economic expansion is set to regain pace in the second quarter of this year and remain robust over the forecast horizon. Following a strong recovery by 5.3% in 2021, the EU economy is now forecast to grow by 4.0% in 2022, as in the euro area, and by 2.8% in 2023 (2.7% in the euro area).

Is the population of Europe increasing?

EU population shows a slight decrease in 2020 Over a longer period, the population of the EU grew from 354.5 million in 1960 to 447.0 million on 1 January 2021, an increase of 92.5 million people (see Figure 1).