European Union vs United States of America: Gross fixed capital formation
Gross fixed capital formation over time
- European Union
- United States of America
How they compare
United States of America currently reports 5.02 trillion constant 2015 US$ against 3.39 trillion constant 2015 US$ in European Union, a difference of 1.64 trillion constant 2015 US$.
That makes United States of America's figure about 1.5 times European Union's.
The two have swapped places 3 times across 55 shared years of data; in 1970 it was European Union ahead.
European Union ranks 8th and United States of America ranks 1st of 33 groups.
Across the 6 decades both report, European Union averaged higher in 2 and United States of America in 4.
Head to head by decade
| Decade | European Union | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.39 trillion constant 2015 US$ | 1.01 trillion constant 2015 US$ | 375.45 billion constant 2015 US$ | European Union |
| 1980s | 1.57 trillion constant 2015 US$ | 1.46 trillion constant 2015 US$ | 113.08 billion constant 2015 US$ | European Union |
| 1990s | 2.03 trillion constant 2015 US$ | 2.06 trillion constant 2015 US$ | 29.23 billion constant 2015 US$ | United States of America |
| 2000s | 2.63 trillion constant 2015 US$ | 3.12 trillion constant 2015 US$ | 487.96 billion constant 2015 US$ | United States of America |
| 2010s | 2.78 trillion constant 2015 US$ | 3.67 trillion constant 2015 US$ | 890.71 billion constant 2015 US$ | United States of America |
| 2020s | 3.25 trillion constant 2015 US$ | 4.70 trillion constant 2015 US$ | 1.45 trillion constant 2015 US$ | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, European Union or United States of America?
- United States of America, at 5.02 trillion constant 2015 US$ against 3.39 trillion constant 2015 US$ in European Union as of 2024.
- What is the difference in gross fixed capital formation between European Union and United States of America?
- 1.64 trillion constant 2015 US$, with United States of America ahead.
- How many years of comparable data are there for European Union and United States of America?
- 55 years are reported by both, from 1970 to 2024.
- How do European Union and United States of America rank globally for gross fixed capital formation?
- European Union ranks 8th and United States of America ranks 1st of 33 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.