Euro area vs United Kingdom: Gross value added at basic prices (GVA) (constant 2015 US$)
Gross value added at basic prices (GVA) (constant 2015 US$) over time
- Euro area
- United Kingdom
How they compare
Euro area currently reports 12.32 trillion constant 2015 US$ against 3.02 trillion constant 2015 US$ in United Kingdom, a difference of 9.29 trillion constant 2015 US$.
That makes Euro area's figure about 4.1 times United Kingdom's.
Across all 56 years both countries report, Euro area has been ahead every year.
Euro area ranks 5th and United Kingdom ranks 4th of 34 groups.
Euro area has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Euro area | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.76 trillion constant 2015 US$ | 1.10 trillion constant 2015 US$ | 3.66 trillion constant 2015 US$ | Euro area |
| 1980s | 6.10 trillion constant 2015 US$ | 1.31 trillion constant 2015 US$ | 4.80 trillion constant 2015 US$ | Euro area |
| 1990s | 7.76 trillion constant 2015 US$ | 1.71 trillion constant 2015 US$ | 6.06 trillion constant 2015 US$ | Euro area |
| 2000s | 9.64 trillion constant 2015 US$ | 2.27 trillion constant 2015 US$ | 7.37 trillion constant 2015 US$ | Euro area |
| 2010s | 10.67 trillion constant 2015 US$ | 2.61 trillion constant 2015 US$ | 8.05 trillion constant 2015 US$ | Euro area |
| 2020s | 11.79 trillion constant 2015 US$ | 2.88 trillion constant 2015 US$ | 8.91 trillion constant 2015 US$ | Euro area |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Euro area or United Kingdom?
- Euro area, at 12.32 trillion constant 2015 US$ against 3.02 trillion constant 2015 US$ in United Kingdom as of 2025.
- What is the difference in gross value added at basic prices (gva) between Euro area and United Kingdom?
- 9.29 trillion constant 2015 US$, with Euro area ahead.
- How many years of comparable data are there for Euro area and United Kingdom?
- 56 years are reported by both, from 1970 to 2025.
- How do Euro area and United Kingdom rank globally for gross value added at basic prices (gva)?
- Euro area ranks 5th and United Kingdom ranks 4th of 34 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.