Public procurement represents around 15% of the European Union's GDP.
90% confidence
EconomyEuropean Union
Omissions
Some official EU sources use a slightly lower figure: the European Commission's single-market page and the European Parliament factsheet both state 'around 14% of EU GDP', while the same Commission page elsewhere cites 'around 16% of GDP (around €2.5 trillion per year)'. The 15% figure therefore sits at the upper end of the official range.
The OECD figure (14.8% in 2023) refers to OECD-EU countries, a subset, rather than the EU27 as a whole; the EU-specific 15% figure appears in the European Commission's 2026 draft proposal (reported by Reuters, published 2026-07-09, i.e. shortly before the session date).
The exact percentage varies by year: OECD data show 13.9% in 2019, 15% in 2021 and 14.8% in 2023 for OECD-EU countries, so the figure is a moving target rather than a fixed value.