Euro Area 2016 GDP (billions of Euros)
The Gross Domestic Product (GDP) in the Euro Area totaled EUR 10,404 billion in 2015 and is expected to total EUR 10,607 billion by the end of this year. Analysts expect the Eurozone economy to grow a healthy 1.5% this year and 1.6% in 2017. However, the Eurozone is still facing a number of challenges and performing below its potential. High debt levels, a fragile banking sector and a persistent lack of inflationary pressure continues to impede the recovery of many economies in the region.
See below what analysts expect the GDP of each of the Euro Area countries to be by the end of 2016 (hover over the bubbles for more information):
Disclaimer: The views and opinions expressed in this article are those of the authors and do not necessarily reflect the opinion of FocusEconomics S.L.U. Views, forecasts or estimates are as of the date of the publication and are subject to change without notice. This report may provide addresses of, or contain hyperlinks to, other internet websites. FocusEconomics S.L.U. takes no responsibility for the contents of third party internet websites.
Date: May 6, 2016
TagsJapan oil prices Budget deficit IMF Forex G7 Latin America Euro Area interview Oil Brexit Base Metals Energy Commodities precious metals Mexico Asia Nigeria Resource Curse Greece chile public debt Economic Growth (GDP) United States Portugal Consensus Forecast Exchange Rate United Kingdom scotiabank Exports Turkey European Union Bitcoin Inflation Major Economies Commodities Unemployment rate Canadian Economy Gold MENA Eurozone TPS Trade Costa Rica; GDP; Budget Healthcare Draghi Base Metals Commodities Infographic Economic Debt Australia Vietnam France Canada Lagarde Brazil Iran CIS Countries Israel Company News centralbanks Africa UK Cryptocurrency Italy Political Risk Investment Germany Colombia Spain Emerging Markets Palladium China Russia Nordic Economies Eastern Europe Copper Precious Metals Commodities digitalcurrencies OPEC Cannabis USA election Economic Crisis Ukraine Argentina Central America Housing Market Agricultural Commodities economic growth TPP Sub-Saharan Africa India South Africa Economists Banking Sector Venezuela Asean GDP Tunisia Asian Financial Crisis
McDonald's is one of the hundreds of organizations around the world that trusts FocusEconomics' forecasts, data and… https://t.co/Mzh0mXuPPD
1 day ago
Consumer prices have been pushed up by elevated commodity prices, particularly for grain and oil due to the war in… https://t.co/SKqbBR5eDY
2 days ago
Asean’s economy has gone from strength to strength over the last two decades. In our latest insight piece, we look… https://t.co/pknIpLIGYJ
2 days ago
We are happy to announce that ING, Goldman Sachs, Moody's Analytics, E2 Economia, Citi, Banco Itaú, HSBC, TD Securi… https://t.co/DRJQc0j00k
6 days ago
Asia will be the best-performing world region economically in 2022, with India, the Philippines and Vietnam expecte… https://t.co/45botJr7G3
1 week ago