The $19 Trillion European Union Economy 🇪🇺

What We're Showing

This graphic visualizes the GDP the European Union's 27 member countries in USD. Data is for 2024.

Data comes from the International Monetary Fund.

Europe’s Economic Giants Hold Their Ground

Germany, France, and Italy have long been the EU’s largest economies, driven by industrial strength, financial hubs, and manufacturing power.

Together, they account around 53% of the EU’s $19.4 trillion GDP, with Germany alone surpassing the combined output of the 20 smallest EU economies.

However, these top three economies saw stagnating or negative growth last year.

Spain and the Netherlands round out the top five, bringing their collective share to 68%. Meanwhile, Malta posted the highest GDP growth at 5% in 2024 but remains the EU’s smallest economy at just 0.1% of the total.