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
TagsAsian Financial Crisis Palladium Energy Commodities IMF Healthcare USA Budget deficit Economic Debt Iran Resource Curse Economists oil prices Vietnam Draghi Emerging Markets Oil Central America Tunisia Brexit China Banking Sector Mexico Copper France Sub-Saharan Africa Colombia Exports MENA Investment economic growth Nordic Economies Germany Costa Rica; GDP; Budget Lagarde Company News Housing Market Africa Agricultural Commodities Venezuela Eurozone Italy Bitcoin Forex G7 Asean Brazil TPP Inflation European Union Trade Economic Crisis Turkey interview Spain election Base Metals Commodities scotiabank Gold public debt Major Economies Eastern Europe OPEC chile Euro Area Canada Argentina Portugal precious metals South Africa CIS Countries Commodities Political Risk UK Australia Precious Metals Commodities Israel Asia Consensus Forecast Exchange Rate Japan Ukraine Nigeria GDP Cryptocurrency United States Greece Latin America Unemployment rate United Kingdom Base Metals India Russia Infographic Cannabis TPS Canadian Economy Economic Growth (GDP)
Using our online portal, FocusAnalytics, you can easily see how leading forecasters have grown more cautiously opti… https://t.co/hmMFvsd7VD
3 days ago
Stronger demand prospects and tight supply amid weather concerns have sent corn, wheat and soybean prices higher in… https://t.co/RQnoznhJCw
5 days ago
2 weeks ago
Following our poll regarding which sectors you see being hardest-hit by the new UK-EU trade deal, we invite you to… https://t.co/3yz9Gb25X7
2 weeks ago
The Nordic economy is set to rebound this year after 2020’s downturn. Download our latest Norway Consensus Foreca… https://t.co/pMte88QjFh
2 weeks ago