The euro area economy consists of 20 EU countries that share the euro, forming one of the world's largest and most integrated economic blocs. It is driven by advanced manufacturing, extensive trade networks, and a strong services sector including finance, transportation, and tourism. Major economies such as Germany, France, Italy, and Spain contribute through automotive production, aerospace, and consumer goods. The unified market supports investment and labor mobility, improving productivity. Challenges include demographic aging, energy transition pressures, and uneven fiscal positions, yet continued digitalization, innovation, and green investment bolster long-term stability.
World Bank Data. 2000-2024. Last updated Oct 2025.
Refer to the latest year-over-year Euro area GDP statistics.