Euro area vs United States of America: General government final consumption expenditure
General government final consumption expenditure over time
- Euro area
- United States of America
How they compare
United States of America currently reports 3.03 trillion constant 2015 US$ against 2.96 trillion constant 2015 US$ in Euro area, a difference of 69.83 billion constant 2015 US$.
Across all 55 years both countries report, United States of America has been ahead every year.
Euro area ranks 8th and United States of America ranks 1st of 33 groups.
United States of America has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Euro area | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.07 trillion constant 2015 US$ | 1.42 trillion constant 2015 US$ | 350.90 billion constant 2015 US$ | United States of America |
| 1980s | 1.48 trillion constant 2015 US$ | 1.72 trillion constant 2015 US$ | 240.06 billion constant 2015 US$ | United States of America |
| 1990s | 1.81 trillion constant 2015 US$ | 2.08 trillion constant 2015 US$ | 266.25 billion constant 2015 US$ | United States of America |
| 2000s | 2.19 trillion constant 2015 US$ | 2.49 trillion constant 2015 US$ | 307.15 billion constant 2015 US$ | United States of America |
| 2010s | 2.48 trillion constant 2015 US$ | 2.66 trillion constant 2015 US$ | 174.19 billion constant 2015 US$ | United States of America |
| 2020s | 2.80 trillion constant 2015 US$ | 2.92 trillion constant 2015 US$ | 115.07 billion constant 2015 US$ | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Euro area or United States of America?
- United States of America, at 3.03 trillion constant 2015 US$ against 2.96 trillion constant 2015 US$ in Euro area as of 2024.
- What is the difference in general government final consumption expenditure between Euro area and United States of America?
- 69.83 billion constant 2015 US$, with United States of America ahead.
- How many years of comparable data are there for Euro area and United States of America?
- 55 years are reported by both, from 1970 to 2024.
- How do Euro area and United States of America rank globally for general government final consumption expenditure?
- Euro area ranks 8th and United States of America ranks 1st of 33 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.