European Union vs United States of America: Gross domestic savings
Gross domestic savings over time
- European Union
- United States of America
How they compare
European Union currently reports 5.48 trillion current US$ against 5.41 trillion current US$ in United States of America, a difference of 70.35 billion current US$.
The two have swapped places 6 times across 55 shared years of data; in 1970 it was United States of America ahead.
European Union ranks 16th and United States of America ranks 2nd of 43 groups.
Across the 6 decades both report, European Union averaged higher in 4 and United States of America in 2.
Head to head by decade
| Decade | European Union | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 405.75 billion current US$ | 389.31 billion current US$ | 16.44 billion current US$ | European Union |
| 1980s | 808.83 billion current US$ | 896.69 billion current US$ | 87.86 billion current US$ | United States of America |
| 1990s | 1.77 trillion current US$ | 1.54 trillion current US$ | 232.67 billion current US$ | European Union |
| 2000s | 2.77 trillion current US$ | 2.19 trillion current US$ | 586.09 billion current US$ | European Union |
| 2010s | 3.67 trillion current US$ | 3.19 trillion current US$ | 479.64 billion current US$ | European Union |
| 2020s | 4.61 trillion current US$ | 4.72 trillion current US$ | 109.58 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, European Union or United States of America?
- European Union, at 5.48 trillion current US$ against 5.41 trillion current US$ in United States of America as of 2025.
- What is the difference in gross domestic savings between European Union and United States of America?
- 70.35 billion current US$, with European Union ahead.
- How many years of comparable data are there for European Union and United States of America?
- 55 years are reported by both, from 1970 to 2024.
- How do European Union and United States of America rank globally for gross domestic savings?
- European Union ranks 16th and United States of America ranks 2nd of 43 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (current US$). 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.