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 3.99 trillion current US$ against 3.88 trillion current US$ in Euro area, a difference of 108.26 billion current US$.
The two have swapped places 6 times across 55 shared years of data; in 1970 it was United States of America ahead.
Euro area ranks 15th and United States of America ranks 1st of 43 groups.
Across the 6 decades both report, Euro area averaged higher in 3 and United States of America in 3.
Head to head by decade
| Decade | Euro area | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 267.17 billion current US$ | 285.94 billion current US$ | 18.77 billion current US$ | United States of America |
| 1980s | 649.25 billion current US$ | 665.27 billion current US$ | 16.03 billion current US$ | United States of America |
| 1990s | 1.36 trillion current US$ | 1.13 trillion current US$ | 227.67 billion current US$ | Euro area |
| 2000s | 2.06 trillion current US$ | 1.92 trillion current US$ | 139.10 billion current US$ | Euro area |
| 2010s | 2.75 trillion current US$ | 2.65 trillion current US$ | 103.33 billion current US$ | Euro area |
| 2020s | 3.27 trillion current US$ | 3.58 trillion current US$ | 307.29 billion current 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 3.99 trillion current US$ against 3.88 trillion current 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?
- 108.26 billion current US$, with United States of America ahead.
- How many years of comparable data are there for Euro area and United States of America?
- 55 years are reported by both, from 1970 to 2024.
- How do Euro area and United States of America rank globally for general government final consumption expenditure?
- Euro area ranks 15th and United States of America ranks 1st of 43 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (current US$). 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. 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.