China vs European Union: Final consumption expenditure
Final consumption expenditure over time
- China
- European Union
How they compare
European Union currently reports 11.88 trillion constant 2015 US$ against 10.72 trillion constant 2015 US$ in China, a difference of 1.16 trillion constant 2015 US$.
That makes European Union's figure about 1.1 times China's.
Across all 31 years both countries report, European Union has been ahead every year.
China ranks 2nd and European Union ranks 1st of 171 countries.
European Union has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | China | European Union | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.29 trillion constant 2015 US$ | 7.90 trillion constant 2015 US$ | 6.61 trillion constant 2015 US$ | European Union |
| 2000s | 2.54 trillion constant 2015 US$ | 9.31 trillion constant 2015 US$ | 6.77 trillion constant 2015 US$ | European Union |
| 2010s | 5.99 trillion constant 2015 US$ | 10.33 trillion constant 2015 US$ | 4.34 trillion constant 2015 US$ | European Union |
| 2020s | 9.48 trillion constant 2015 US$ | 11.32 trillion constant 2015 US$ | 1.84 trillion constant 2015 US$ | European Union |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, China or European Union?
- European Union, at 11.88 trillion constant 2015 US$ against 10.72 trillion constant 2015 US$ in China as of 2025.
- What is the difference in final consumption expenditure between China and European Union?
- 1.16 trillion constant 2015 US$, with European Union ahead.
- How many years of comparable data are there for China and European Union?
- 31 years are reported by both, from 1995 to 2025.
- How do China and European Union rank globally for final consumption expenditure?
- China ranks 2nd and European Union ranks 1st of 171 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.