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
TagsEnergy Commodities Eastern Europe Canadian Economy oil prices Bitcoin Base Metals Banking Sector India Argentina Sub-Saharan Africa interview Forex Central America Agricultural Commodities USA Tunisia Lagarde TPS Greece CIS Countries Investment Iran Inflation France OPEC GDP Major Economies Turkey Russia Gold Africa digitalcurrencies Asian Financial Crisis Euro Area MENA Vietnam precious metals European Union Economic Debt Costa Rica; GDP; Budget Economists Germany Resource Curse G7 Israel United States scotiabank Canada Nordic Economies Asia Political Risk Palladium Unemployment rate South Africa Italy election Infographic Exports Trade Eurozone Brexit UK Copper Asean China Ukraine Emerging Markets Precious Metals Commodities Budget deficit Oil Mexico public debt Economic Growth (GDP) Exchange Rate economic growth Japan Base Metals Commodities Latin America TPP chile Spain Consensus Forecast Venezuela Housing Market Draghi Cryptocurrency Brazil Portugal Commodities IMF Colombia centralbanks Cannabis Healthcare Australia United Kingdom Nigeria Economic Crisis Company News
Protracted supply-side constraints and softer domestic demand drove the downturn, which in turn bodes ill for small… https://t.co/gawgfdsaQ4
1 day ago
A solid bounce-back in economic activity and intensifying price pressures have increased the likelihood of the Bank… https://t.co/wLVebPWyzp
3 days ago
Our panel of analysts raised their projections for inflation in the Euro area for the sixth consecutive month in ou… https://t.co/4CJUC8u7A0
4 days ago
Using our online portal you can quickly and easily compare the latest forecasts for G7 economies along with over 1… https://t.co/NnMrMm1l1V
5 days ago
1 week ago