GNI per capita, PPP in European Union
European Union: GNI per capita, PPP was 54,165 constant 2021 international $ in 2024. ▲ Rising
GNI per capita, PPP in European Union, 1995–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
European Union recorded 54,165 constant 2021 international $ for gni per capita, ppp in 2024. That is the highest value across all 30 years on record.
That represents a change of up 1.4% on the previous year and up 17.6% over ten years.
Over the whole period, gni per capita, ppp in European Union peaked at 54,165 constant 2021 international $ in 2024 and was at its lowest, 34,910 constant 2021 international $, in 1995.
That places European Union 5th out of 25 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
GNI per capita, PPP in European Union, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 1995 | 34,910 constant 2021 international $ | — |
| 1996 | 35,582 constant 2021 international $ | +1.9% |
| 1997 | 36,482 constant 2021 international $ | +2.5% |
| 1998 | 37,649 constant 2021 international $ | +3.2% |
| 1999 | 38,746 constant 2021 international $ | +2.9% |
| 2000 | 39,819 constant 2021 international $ | +2.8% |
| 2001 | 40,631 constant 2021 international $ | +2.0% |
| 2002 | 41,055 constant 2021 international $ | +1.0% |
| 2003 | 41,412 constant 2021 international $ | +0.9% |
| 2004 | 42,429 constant 2021 international $ | +2.5% |
| 2005 | 43,148 constant 2021 international $ | +1.7% |
| 2006 | 44,493 constant 2021 international $ | +3.1% |
| 2007 | 45,785 constant 2021 international $ | +2.9% |
| 2008 | 45,683 constant 2021 international $ | -0.2% |
| 2009 | 44,264 constant 2021 international $ | -3.1% |
| 2010 | 44,901 constant 2021 international $ | +1.4% |
| 2011 | 45,540 constant 2021 international $ | +1.4% |
| 2012 | 45,075 constant 2021 international $ | -1.0% |
| 2013 | 45,210 constant 2021 international $ | +0.3% |
| 2014 | 46,056 constant 2021 international $ | +1.9% |
| 2015 | 47,224 constant 2021 international $ | +2.5% |
| 2016 | 48,432 constant 2021 international $ | +2.6% |
| 2017 | 49,631 constant 2021 international $ | +2.5% |
| 2018 | 50,737 constant 2021 international $ | +2.2% |
| 2019 | 51,785 constant 2021 international $ | +2.1% |
| 2020 | 48,992 constant 2021 international $ | -5.4% |
| 2021 | 52,135 constant 2021 international $ | +6.4% |
| 2022 | 52,721 constant 2021 international $ | +1.1% |
| 2023 | 53,430 constant 2021 international $ | +1.3% |
| 2024 | 54,165 constant 2021 international $ | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 36,674 constant 2021 international $ | 34,910 constant 2021 international $ | 38,746 constant 2021 international $ | 5 |
| 2000s | 42,872 constant 2021 international $ | 39,819 constant 2021 international $ | 45,785 constant 2021 international $ | 10 |
| 2010s | 47,459 constant 2021 international $ | 44,901 constant 2021 international $ | 51,785 constant 2021 international $ | 10 |
| 2020s | 52,289 constant 2021 international $ | 48,992 constant 2021 international $ | 54,165 constant 2021 international $ | 5 |
Countries ranked near European Union
- 2 Macau, China 114,322 constant 2021 international $ compare
- 3 Norway 113,022 constant 2021 international $ compare
- 4 Bermuda 110,550 constant 2021 international $ compare
- 5 Ireland 88,346 constant 2021 international $ compare
- 6 Luxembourg 85,030 constant 2021 international $ compare
- 7 United Arab Emirates 84,671 constant 2021 international $ compare
- 8 Switzerland 82,430 constant 2021 international $ compare
More economy & growth data for European Union
- Manufacturing, value added (current US$), per unit of GDP 0.1427 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 2.21 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 10,454 current US$ per person (2025)
- Industry (including construction), value added (current US$), per 0.222 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), annual 8.35 % change on previous year (2025)
- Manufacturing, value added (constant 2015 US$), per capita 5,398 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1146 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 6,720 current US$ per person (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3645 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 17,166 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gni per capita, ppp in European Union?
- Gni per capita, ppp in European Union was 54,165 constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni per capita, ppp recorded in European Union?
- The highest recorded value was 54,165 constant 2021 international $ in 2024.
- What is the lowest gni per capita, ppp recorded in European Union?
- The lowest recorded value was 34,910 constant 2021 international $ in 1995.
- How does European Union rank for gni per capita, ppp?
- European Union ranks 5th out of 25 groups with data for 2024.
- Is gni per capita, ppp rising or falling in European Union?
- Over the last ten years it is up 17.6%. The long-run trend across the full record is rising.
- Where does this European Union data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GNI per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for gross national income (GNI) per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. The core indicator has been divided by the general population to achieve a per capita estimate. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.