Australia vs European Union 27: Gross Domestic Product, GDP in millions constant 2021 international $
Gross Domestic Product, GDP in millions constant 2021 international $ over time
- Australia
- European Union 27
How they compare
European Union 27 currently reports 25.54 million against 1.73 million in Australia, a difference of 23.81 million.
That makes European Union 27's figure about 14.8 times Australia's.
Across all 37 years both countries report, European Union 27 has been ahead every year.
Australia ranks 22nd and European Union 27 ranks 25th of 188 countries.
European Union 27 has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | European Union 27 | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 702,284 | 15.08 million | 14.38 million | European Union 27 |
| 2000s | 991,400 | 18.84 million | 17.84 million | European Union 27 |
| 2010s | 1.31 million | 21.19 million | 19.88 million | European Union 27 |
| 2020s | 1.60 million | 24.14 million | 22.54 million | European Union 27 |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product, gdp in millions constant 2021 international $, Australia or European Union 27?
- European Union 27, at 25.54 million against 1.73 million in Australia as of 2027.
- What is the difference in gross domestic product, gdp in millions constant 2021 international $ between Australia and European Union 27?
- 23.81 million, with European Union 27 ahead.
- How many years of comparable data are there for Australia and European Union 27?
- 37 years are reported by both, from 1991 to 2027.
- How do Australia and European Union 27 rank globally for gross domestic product, gdp in millions constant 2021 international $?
- Australia ranks 22nd and European Union 27 ranks 25th of 188 countries.
- Where does this data come from?
- International Labour Organization, published as Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.