What is the GDP and Growth Rate of the EU?

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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

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