The Gross Domestic Product (GDP) in European Union was worth 19100 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of European Union represents 15.77 percent of the world economy. GDP in European Union averaged 7813.96 USD Billion from 1960 until 2019, reaching an all time high of 19163.62 USD Billion in 2008 and a record low of 359.02 USD Billion in 1960. This page provides the latest reported value for – European Union GDP – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.