Real GDP growth rate (chain-linked volume)
Gross domestic product (GDP) is calculated taking account of all economic transactions. When calculating the real economic growth, there needs to be an adjustment for price changes. The nominal GDP includes price changes, which is removed when calculating the real GDP. The real economic growth shows how much the volume of goods in the economy has increased.
Real GDP growth rate (annual)
-1.2 %
4TH QUARTER 2020
Real GDP growth rate (quarterly)
7.3 %
4TH QUARTER 2020
Real GDP growth rate (quarterly, seasonally adjusted)
2.1 %
4TH QUARTER 2020
GDP chain-linked volume (reference year 2015) | 2008 - 2020
GDP chain-linked volume (reference year 2015) | 2016 – 2020
Unit: million euros
2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Seasonally and working day unadjusted | 21,444.7 | 22,624.0 | 23,609.4 | 24,789.0 | 24,062.1 |
Seasonally and working day adjusted | 21,473.3 | 22,592.0 | 23,567.7 | 24,687.1 | 24,023.2 |
See also
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