Euro area vs United States of America: Gross domestic savings
Gross domestic savings over time
- Euro area
- United States of America
How they compare
United States of America currently reports 5.41 trillion current US$ against 4.65 trillion current US$ in Euro area, a difference of 764.11 billion current US$.
That makes United States of America's figure about 1.2 times Euro area's.
The two have swapped places 10 times across 55 shared years of data; in 1970 it was United States of America ahead.
Euro area ranks 17th and United States of America ranks 2nd of 43 groups.
Across the 6 decades both report, Euro area averaged higher in 2 and United States of America in 4.
Head to head by decade
| Decade | Euro area | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 368.82 billion current US$ | 389.31 billion current US$ | 20.49 billion current US$ | United States of America |
| 1980s | 737.69 billion current US$ | 896.69 billion current US$ | 159.00 billion current US$ | United States of America |
| 1990s | 1.62 trillion current US$ | 1.54 trillion current US$ | 78.09 billion current US$ | Euro area |
| 2000s | 2.46 trillion current US$ | 2.19 trillion current US$ | 268.51 billion current US$ | Euro area |
| 2010s | 3.16 trillion current US$ | 3.19 trillion current US$ | 21.95 billion current US$ | United States of America |
| 2020s | 3.93 trillion current US$ | 4.72 trillion current US$ | 796.93 billion current US$ | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Euro area or United States of America?
- United States of America, at 5.41 trillion current US$ against 4.65 trillion current US$ in Euro area as of 2024.
- What is the difference in gross domestic savings between Euro area and United States of America?
- 764.11 billion current US$, with United States of America ahead.
- How many years of comparable data are there for Euro area and United States of America?
- 55 years are reported by both, from 1970 to 2024.
- How do Euro area and United States of America rank globally for gross domestic savings?
- Euro area ranks 17th and United States of America ranks 2nd of 43 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.