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)
-3.2 %
1ST QUARTER 2023
Real GDP growth rate (quarterly)
-14.1 %
1ST QUARTER 2023
Real GDP growth rate (quarterly, seasonally adjusted)
-0.6 %
1ST QUARTER 2023
GDP chain-linked volume (reference year 2015) | 2010–2022
GDP chain-linked volume (reference year 2015) | 2018 – 2022
Unit: million euros
2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Seasonally and working day unadjusted | 23,367.1 | 24,241.0 | 24,107.4 | 26,039.2 | 25,704.0 |
Seasonally and working day adjusted | 23,333.8 | 24,175.3 | 24,061.6 | 25,998.1 | 25,732.7 |
See also
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