European Union vs United States of America: GDP, PPP
GDP, PPP over time
- European Union
- United States of America
How they compare
United States of America currently reports 26.29 trillion constant 2021 international $ against 24.85 trillion constant 2021 international $ in European Union, a difference of 1.44 trillion constant 2021 international $.
That makes United States of America's figure about 1.1 times European Union's.
The two have swapped places 1 time across 36 shared years of data; in 1990 it was European Union ahead.
European Union ranks 18th and United States of America ranks 2nd of 47 groups.
Across the 4 decades both report, European Union averaged higher in 3 and United States of America in 1.
Head to head by decade
| Decade | European Union | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 14.98 trillion constant 2021 international $ | 12.60 trillion constant 2021 international $ | 2.38 trillion constant 2021 international $ | European Union |
| 2000s | 18.83 trillion constant 2021 international $ | 17.13 trillion constant 2021 international $ | 1.70 trillion constant 2021 international $ | European Union |
| 2010s | 21.19 trillion constant 2021 international $ | 20.47 trillion constant 2021 international $ | 712.45 billion constant 2021 international $ | European Union |
| 2020s | 23.75 trillion constant 2021 international $ | 24.58 trillion constant 2021 international $ | 823.68 billion constant 2021 international $ | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp, ppp, European Union or United States of America?
- United States of America, at 26.29 trillion constant 2021 international $ against 24.85 trillion constant 2021 international $ in European Union as of 2025.
- What is the difference in gdp, ppp between European Union and United States of America?
- 1.44 trillion constant 2021 international $, with United States of America ahead.
- How many years of comparable data are there for European Union and United States of America?
- 36 years are reported by both, from 1990 to 2025.
- How do European Union and United States of America rank globally for gdp, ppp?
- European Union ranks 18th and United States of America ranks 2nd of 47 groups.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for gross domestic product (GDP) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.