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.
Flash estimate of GDP, at constant prices and seasonally and working-day adjusted | 1st quarter 2022 – 2nd quarter 2024
GDP chain-linked volume (reference year 2020) | 2011–2023
GDP chain-linked volume (reference year 2020) | 2019 – 2023
Unit: million euros
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Seasonally and working day unadjusted | 28,686.6 | 27,855.2 | 29,846.0 | 29,864.8 | 28,961.3 |
Seasonally and working day adjusted | 28,612.2 | 27,881.3 | 29,876.8 | 29,863.1 | 28,930.9 |
See also
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