| Indicator description |
The indicator is calculated as the ratio of real GDP, i.e. GDP adjusted for inflation, to the average population in a given year. GDP is expressed in million euro and population in thousand persons. Real GDP is published without decimals. |
|---|---|
| Data source and methodology |
The indicator is used to monitor progress towards Sustainable Development Goal 8 – Decent Work and Economic Growth. The indicator can be considered identical to the global SDG indicator 8.1.1, “Annual growth rate of real GDP per capita”. |
| Coverage and comparability |
GDP measures the value of the total final production of goods and services produced in an economy over a given period. Real GDP is adjusted for price changes and allows changes in economic activity to be monitored independently of inflation. Real GDP per capita is commonly used as an indicator of economic growth and the development of material living standards. However, GDP is not a comprehensive measure of economic well-being. For example, it does not include most unpaid household work and does not fully reflect the negative effects of economic activity, such as environmental degradation. |
| National context and objectives |
The long-term objective of the indicator is sustainable growth in real GDP per capita, while promoting inclusive economic growth and improving the material living conditions of the population. |
Download source data for disaggregations (.csv)
Headline data
| Year | Value | UNIT_MEASURE | SERIES |
|---|---|---|---|
| 2010 | 4.2 | Chain linked volumes (2020), euro per capita | Real GDP per capita |
| 2011 | 4.24 | Chain linked volumes (2020), euro per capita | Real GDP per capita |
| 2012 | 4.21 | Chain linked volumes (2020), euro per capita | Real GDP per capita |
| 2013 | 4.32 | Chain linked volumes (2020), euro per capita | Real GDP per capita |
| 2014 | 4.37 | Chain linked volumes (2020), euro per capita | Real GDP per capita |
| 2015 | 4.57 | Chain linked volumes (2020), euro per capita | Real GDP per capita |
| 2016 | 4.73 | Chain linked volumes (2020), euro per capita | Real GDP per capita |
| 2017 | 4.89 | Chain linked volumes (2020), euro per capita | Real GDP per capita |
| 2018 | 5.09 | Chain linked volumes (2020), euro per capita | Real GDP per capita |
| 2019 | 5.24 | Chain linked volumes (2020), euro per capita | Real GDP per capita |
| 2020 | 5.11 | Chain linked volumes (2020), euro per capita | Real GDP per capita |
| 2021 | 5.52 | Chain linked volumes (2020), euro per capita | Real GDP per capita |
| 2022 | 5.79 | Chain linked volumes (2020), euro per capita | Real GDP per capita |
| 2023 | 5.92 | Chain linked volumes (2020), euro per capita | Real GDP per capita |
| 2024 | 6.13 | Chain linked volumes (2020), euro per capita | Real GDP per capita |
| 2011 | 1.0 | Chain linked volumes, percentage change on previous period, per capita | Real GDP per capita |
| 2012 | -0.7 | Chain linked volumes, percentage change on previous period, per capita | Real GDP per capita |
| 2013 | 2.5 | Chain linked volumes, percentage change on previous period, per capita | Real GDP per capita |
| 2014 | 1.3 | Chain linked volumes, percentage change on previous period, per capita | Real GDP per capita |
| 2015 | 4.5 | Chain linked volumes, percentage change on previous period, per capita | Real GDP per capita |
| 2016 | 3.4 | Chain linked volumes, percentage change on previous period, per capita | Real GDP per capita |
| 2017 | 3.5 | Chain linked volumes, percentage change on previous period, per capita | Real GDP per capita |
| 2018 | 4.1 | Chain linked volumes, percentage change on previous period, per capita | Real GDP per capita |
| 2019 | 3.0 | Chain linked volumes, percentage change on previous period, per capita | Real GDP per capita |
| 2020 | -2.6 | Chain linked volumes, percentage change on previous period, per capita | Real GDP per capita |
| 2021 | 8.1 | Chain linked volumes, percentage change on previous period, per capita | Real GDP per capita |
| 2022 | 4.8 | Chain linked volumes, percentage change on previous period, per capita | Real GDP per capita |
| 2023 | 2.4 | Chain linked volumes, percentage change on previous period, per capita | Real GDP per capita |
| 2024 | 3.5 | Chain linked volumes, percentage change on previous period, per capita | Real GDP per capita |
| Indicator description |
The indicator is calculated as the ratio of real GDP, i.e. GDP adjusted for inflation, to the average population in a given year. GDP is expressed in million euro and population in thousand persons. Real GDP is published without decimals. |
|---|---|
| Data source and methodology |
The indicator is used to monitor progress towards Sustainable Development Goal 8 – Decent Work and Economic Growth. The indicator can be considered identical to the global SDG indicator 8.1.1, “Annual growth rate of real GDP per capita”. |
| Coverage and comparability |
GDP measures the value of the total final production of goods and services produced in an economy over a given period. Real GDP is adjusted for price changes and allows changes in economic activity to be monitored independently of inflation. Real GDP per capita is commonly used as an indicator of economic growth and the development of material living standards. However, GDP is not a comprehensive measure of economic well-being. For example, it does not include most unpaid household work and does not fully reflect the negative effects of economic activity, such as environmental degradation. |
| EU context and objectives |
Sustainable growth of real GDP per capita, along with increased economic productivity, the creation of conditions for decent work, and the improvement of the population’s standard of living. Economic growth must be inclusive and long-term sustainable, taking into account social and environmental aspects of development. |
Source 1
| Organisation |
ESS (NA) |
|---|---|
| Link to data source | Link opens in a new window |