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Euro Area had a record low GDP growth of about -4.5% in 2009 followed by the rapid increase to 2.1% next year. The real GDP growth dropped below zero in 2012 and 2013, now it is finally stable. This is why agencies do not predict any substantial changes in the near future. However, a slight decrease in 2019 and 2020 is expected according to the WB, UN, EC and OECD forecasts.

 

For the analysis of the other G20 economies, select a country page:

US | Canada | Mexico | France | Germany | UK | Italy | Brazil | Argentina | Turkey | Australia | China | India | Japan | South Korea | Indonesia | Russia | South Africa | Saudi Arabia | EU | Euro Area

Or, select an economic indicator:

GDP Forecast | Inflation Forecast | Unemployment Forecast | Current Account Balance Forecast | Government Debt Forecast

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