Europe & Central Asia (IDA & IBRD): GDP (current US$)

Key figures

What the numbers say

In 2025, Europe & Central Asia (IDA & IBRD)'s GDP (current US$) rose 15.1% on 2024 (from US$6.15 trillion to US$7.08 trillion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +7.8% and a typical year strayed about 13.9% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 29.4% in 2004 and the biggest yearly fall was 21.8% in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about US$357.34 billion a year. A straight line explains 88% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

See how every economy compares in the full ranking.

What this measures

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Limitations: Gross domestic product (GDP), though widely tracked, may not always be the most relevant summary of aggregated economic performance for all economies, especially when production occurs at the expense of consuming capital stock. While GDP estimates based on the production approach are generally more reliable than estimates compiled from the income or expenditure side, different countries use different definitions, methods, and reporting standards. World Bank staff review the quality of national accounts data and sometimes make adjustments to improve consistency with international guidelines. Nevertheless, significant discrepancies remain between international standards and actual practice.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 38 values

GDP (current US$) in nearby economies

• Afghanistan — US$17.78 billion (2024)
• Algeria — US$287.03 billion (2025)
• Bahrain — US$48.97 billion (2025)
• Djibouti — US$4.62 billion (2025)
• Egypt, Arab Rep. — US$365.26 billion (2025)
• Iran, Islamic Rep. — US$362.68 billion (2025)
• Iraq — US$254.37 billion (2025)
• Israel — US$610.78 billion (2025)
• Jordan — US$61.61 billion (2025)
• Kuwait — US$157.21 billion (2025)
• Lebanon — US$25.97 billion (2024)
• Libya — US$48.1 billion (2025)

More economic policy & debt data for Europe & Central Asia (IDA & IBRD)

• Foreign direct investment, net inflows (BoP, current US$) — US$82.98 billion (2025)
• Foreign direct investment, net outflows (BoP, current US$) — US$19.58 billion (2025)
• Portfolio equity, net inflows (BoP, current US$) — −US$186.92 million (2025)
• Net financial flows, IBRD (NFL, current US$) — US$5.92 billion (2024)
• Net financial flows, IDA (NFL, current US$) — US$5.2 billion (2024)
• IFC, private nonguaranteed (NFL, current US$) — US$960.06 million (2024)
• Net bilateral aid flows from DAC donors, Austria (current US$) — US$227.32 million (2022)

Reading data like this

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Questions people ask

What is Europe & Central Asia (IDA & IBRD)'s GDP (current US$)?

US$7.08 trillion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1988?

It is up 613.66% from US$991.68 billion in 1988 (5.46% a year on average, compounded). The highest value was US$7.08 trillion in 2025 and the lowest US$824.14 billion in 1999.

Is the latest change in GDP (current US$) unusual for Europe & Central Asia (IDA & IBRD)?

In 2025, Europe & Central Asia (IDA & IBRD)'s GDP (current US$) rose 15.1% on 2024 (from US$6.15 trillion to US$7.08 trillion). Across the 30 yearly changes before that (1995 to 2024), the average change was +7.8% and a typical year strayed about 13.9% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NY.GDP.MKTP.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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