Difference between revisions of "What is the GDP and Growth Rate of the EU?"
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Revision as of 13:03, 13 September 2009
Since 1999, the Euro Zone had been presenting positive growths but, because of the Financial and Economic Crisis the numbers are now negative.
The forecasts for 2009 indicate a growth rate of -4,0% when compared to the previous year. Translating in numbers, it means a reduction from EURO 12.5 trillion to EURO 12.19 trillion.
Reference
Real GDP growth rate - Growth rate of GDP volume - percentage change on previous year
Gross domestic product at market prices - At current prices