China vs European Union: Gross national expenditure

China
18.20 trillion current US$
in 2024
European Union
20.43 trillion current US$
in 2025
China rank
2nd
European Union rank
1st

Gross national expenditure over time

  • China
  • European Union
05.0T10.0T15.0T20.0T196019922025

How they compare

European Union currently reports 20.43 trillion current US$ against 18.20 trillion current US$ in China, a difference of 2.24 trillion current US$.

That makes European Union's figure about 1.1 times China's.

The two have swapped places 2 times across 55 shared years of data; in 1970 it was European Union ahead.

China ranks 2nd and European Union ranks 1st of 185 countries.

Across the 6 decades both report, China averaged higher in 1 and European Union in 5.

Head to head by decade

Decade China European Union Difference Ahead
1970s 137.56 billion current US$ 1.65 trillion current US$ 1.51 trillion current US$ European Union
1980s 265.40 billion current US$ 3.61 trillion current US$ 3.35 trillion current US$ European Union
1990s 673.16 billion current US$ 7.41 trillion current US$ 6.74 trillion current US$ European Union
2000s 2.49 trillion current US$ 11.31 trillion current US$ 8.82 trillion current US$ European Union
2010s 10.47 trillion current US$ 14.57 trillion current US$ 4.10 trillion current US$ European Union
2020s 17.26 trillion current US$ 17.02 trillion current US$ 233.78 billion current US$ China

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross national expenditure, China or European Union?
European Union, at 20.43 trillion current US$ against 18.20 trillion current US$ in China as of 2025.
What is the difference in gross national expenditure between China and European Union?
2.24 trillion current US$, with European Union ahead.
How many years of comparable data are there for China and European Union?
55 years are reported by both, from 1970 to 2024.
How do China and European Union rank globally for gross national expenditure?
China ranks 2nd and European Union ranks 1st of 185 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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China vs European Union: Gross national expenditure. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 02 September 2026, from https://economy.statizoid.com/compare/gross-national-expenditure-current-us/china/european-union/

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About this data

Indicator
Gross national expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
228 places, 10,837 data points, 1960–2025
Last refreshed

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross 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.