Euro area vs United States of America: Gross national expenditure
Gross national expenditure over time
- Euro area
- United States of America
How they compare
United States of America currently reports 30.20 trillion current US$ against 17.31 trillion current US$ in Euro area, a difference of 12.89 trillion current US$.
That makes United States of America's figure about 1.7 times Euro area's.
The two have swapped places 4 times across 55 shared years of data; in 1970 it was United States of America ahead.
Euro area ranks 17th and United States of America ranks 1st of 43 groups.
United States of America has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Euro area | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.48 trillion current US$ | 1.72 trillion current US$ | 240.01 billion current US$ | United States of America |
| 1980s | 3.26 trillion current US$ | 4.25 trillion current US$ | 988.72 billion current US$ | United States of America |
| 1990s | 6.73 trillion current US$ | 7.68 trillion current US$ | 945.55 billion current US$ | United States of America |
| 2000s | 10.04 trillion current US$ | 13.18 trillion current US$ | 3.14 trillion current US$ | United States of America |
| 2010s | 12.67 trillion current US$ | 18.57 trillion current US$ | 5.90 trillion current US$ | United States of America |
| 2020s | 14.56 trillion current US$ | 26.47 trillion current US$ | 11.91 trillion current US$ | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross national expenditure, Euro area or United States of America?
- United States of America, at 30.20 trillion current US$ against 17.31 trillion current US$ in Euro area as of 2024.
- What is the difference in gross national expenditure between Euro area and United States of America?
- 12.89 trillion current US$, with United States of America ahead.
- How many years of comparable data are there for Euro area and United States of America?
- 55 years are reported by both, from 1970 to 2024.
- How do Euro area and United States of America rank globally for gross national expenditure?
- Euro area ranks 17th and United States of America ranks 1st of 43 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.