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Gross domestic product (GDP) of Europe's largest economies 1980-2025*

From 1980 until 2021, Europe's five largest economies have consistently been France, Germany, Italy, Spain and the United Kingdom. Throughout this time period Germany has always had the largest economy in Europe, while either France or the UK has had the second largest economy depending on the year. Italy's economy was of a relatively similar size to that of the UK and France until the mid 2000s when it started to diverge, resulting in a difference of approximately 800 billion U.S dollars by 2018. Spain's economy has followed a similar growth pattern to Italy, and has been the fifth largest economy for the whole period. Over the next four years, all five economies are expected to grow gradually, however this is likely to change as the economic impact of COVID-19 becomes clearer.

Gross domestic product (GDP) at current prices of Europe's largest economies from 1980 to 2025*

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Source

Release date

January 2021

Region

France, Germany, Italy, Spain, United Kingdom

Survey time period

1980 to 2021

Supplementary notes

Gross domestic product is the most commonly used single measure of a country's overall economic activity. It represents the total value at current prices of final goods and services produced within a country during a specified time period, such as one year.

**Estimate, as of January 05, 2020.
**Only includes West Germany prior to German reunification in 1990.

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Statistics on "European economy"

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