Australia vs European Union: GDP
GDP over time
- Australia
- European Union
How they compare
European Union currently reports 21.24 trillion current US$ against 1.80 trillion current US$ in Australia, a difference of 19.44 trillion current US$.
That makes European Union's figure about 11.8 times Australia's.
Across all 66 years both countries report, European Union has been ahead every year.
Australia ranks 15th and European Union ranks 16th of 213 countries.
European Union has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Australia | European Union | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 25.71 billion current US$ | 449.98 billion current US$ | 424.27 billion current US$ | European Union |
| 1970s | 85.87 billion current US$ | 1.62 trillion current US$ | 1.53 trillion current US$ | European Union |
| 1980s | 198.30 billion current US$ | 3.57 trillion current US$ | 3.37 trillion current US$ | European Union |
| 1990s | 359.78 billion current US$ | 7.49 trillion current US$ | 7.13 trillion current US$ | European Union |
| 2000s | 657.12 billion current US$ | 11.48 trillion current US$ | 10.83 trillion current US$ | European Union |
| 2010s | 1.39 trillion current US$ | 15.08 trillion current US$ | 13.69 trillion current US$ | European Union |
| 2020s | 1.65 trillion current US$ | 18.24 trillion current US$ | 16.59 trillion current US$ | European Union |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp, Australia or European Union?
- European Union, at 21.24 trillion current US$ against 1.80 trillion current US$ in Australia as of 2025.
- What is the difference in gdp between Australia and European Union?
- 19.44 trillion current US$, with European Union ahead.
- How many years of comparable data are there for Australia and European Union?
- 66 years are reported by both, from 1960 to 2025.
- How do Australia and European Union rank globally for gdp?
- Australia ranks 15th and European Union ranks 16th of 213 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.