European Union vs United Kingdom of Great Britain and Northern Ireland: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- European Union
- United Kingdom of Great Britain and Northern Ireland
How they compare
European Union currently reports 14.31 trillion constant 2015 US$ against 3.02 trillion constant 2015 US$ in United Kingdom of Great Britain and Northern Ireland, a difference of 11.29 trillion constant 2015 US$.
That makes European Union's figure about 4.7 times United Kingdom of Great Britain and Northern Ireland's.
Across all 56 years both countries report, European Union has been ahead every year.
European Union ranks 1st and United Kingdom of Great Britain and Northern Ireland ranks 4th of 2 groups.
European Union has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | European Union | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.38 trillion constant 2015 US$ | 1.10 trillion constant 2015 US$ | 4.28 trillion constant 2015 US$ | European Union |
| 1980s | 6.89 trillion constant 2015 US$ | 1.31 trillion constant 2015 US$ | 5.58 trillion constant 2015 US$ | European Union |
| 1990s | 8.70 trillion constant 2015 US$ | 1.71 trillion constant 2015 US$ | 6.99 trillion constant 2015 US$ | European Union |
| 2000s | 10.88 trillion constant 2015 US$ | 2.27 trillion constant 2015 US$ | 8.61 trillion constant 2015 US$ | European Union |
| 2010s | 12.23 trillion constant 2015 US$ | 2.61 trillion constant 2015 US$ | 9.62 trillion constant 2015 US$ | European Union |
| 2020s | 13.68 trillion constant 2015 US$ | 2.88 trillion constant 2015 US$ | 10.80 trillion constant 2015 US$ | European Union |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), European Union or United Kingdom of Great Britain and Northern Ireland?
- European Union, at 14.31 trillion constant 2015 US$ against 3.02 trillion constant 2015 US$ in United Kingdom of Great Britain and Northern Ireland as of 2025.
- What is the difference in gross value added at basic prices (gva) between European Union and United Kingdom of Great Britain and Northern Ireland?
- 11.29 trillion constant 2015 US$, with European Union ahead.
- How many years of comparable data are there for European Union and United Kingdom of Great Britain and Northern Ireland?
- 56 years are reported by both, from 1970 to 2025.
- How do European Union and United Kingdom of Great Britain and Northern Ireland rank globally for gross value added at basic prices (gva)?
- European Union ranks 1st and United Kingdom of Great Britain and Northern Ireland ranks 4th of 2 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.