Gross Domestic Product for the European Union (NYGDPMKTPCDEUU)

Source: World Bank  

Release: World Development Indicators  

Units:  Current U.S. Dollars, Not Seasonally Adjusted

Frequency:  Annual

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Nations that are included in this data series are listed at https://datahelpdesk.worldbank.org/knowledgebase/articles/906519

Source Code: NY.GDP.MKTP.CD