Gross national expenditure (current US$) in European Union
European Union: Gross national expenditure (current US$) was 20.43 trillion current US$ in 2025. ◆ Volatile
Latest (2025)
20.43 trillion current US$
Change on year
up 9.5%
Rank
16th
of 43 groups
All-time high
20.43 trillion current US$
in 2025
All-time low
743.72 billion current US$
in 1970
Years of data
56
1970–2025
Gross national expenditure in European Union, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
European Union recorded 20.43 trillion current US$ for gross national expenditure in 2025. That is the highest value across all 56 years on record.
The figure is up 9.5% on the previous year and up 56.5% over ten years.
Over the whole period, gross national expenditure in European Union peaked at 20.43 trillion current US$ in 2025 and was at its lowest, 743.72 billion current US$, in 1970.
That places European Union 16th out of 43 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$) in European Union, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 743.72 billion current US$ | — |
| 1971 | 837.96 billion current US$ | +12.7% |
| 1972 | 1.01 trillion current US$ | +20.2% |
| 1973 | 1.31 trillion current US$ | +29.8% |
| 1974 | 1.49 trillion current US$ | +14.0% |
| 1975 | 1.72 trillion current US$ | +15.7% |
| 1976 | 1.82 trillion current US$ | +5.7% |
| 1977 | 2.06 trillion current US$ | +12.8% |
| 1978 | 2.48 trillion current US$ | +20.6% |
| 1979 | 3.03 trillion current US$ | +22.3% |
| 1980 | 3.44 trillion current US$ | +13.6% |
| 1981 | 2.97 trillion current US$ | -13.8% |
| 1982 | 2.85 trillion current US$ | -4.0% |
| 1983 | 2.75 trillion current US$ | -3.6% |
| 1984 | 2.63 trillion current US$ | -4.3% |
| 1985 | 2.70 trillion current US$ | +2.8% |
| 1986 | 3.75 trillion current US$ | +38.5% |
| 1987 | 4.66 trillion current US$ | +24.5% |
| 1988 | 5.13 trillion current US$ | +10.0% |
| 1989 | 5.26 trillion current US$ | +2.5% |
| 1990 | 6.58 trillion current US$ | +25.2% |
| 1991 | 6.78 trillion current US$ | +3.0% |
| 1992 | 7.43 trillion current US$ | +9.7% |
| 1993 | 6.69 trillion current US$ | -10.0% |
| 1994 | 7.06 trillion current US$ | +5.6% |
| 1995 | 8.15 trillion current US$ | +15.4% |
| 1996 | 8.27 trillion current US$ | +1.5% |
| 1997 | 7.56 trillion current US$ | -8.6% |
| 1998 | 7.81 trillion current US$ | +3.3% |
| 1999 | 7.82 trillion current US$ | +0.0% |
| 2000 | 7.22 trillion current US$ | -7.7% |
| 2001 | 7.28 trillion current US$ | +0.9% |
| 2002 | 7.90 trillion current US$ | +8.4% |
| 2003 | 9.75 trillion current US$ | +23.5% |
| 2004 | 11.19 trillion current US$ | +14.8% |
| 2005 | 11.75 trillion current US$ | +4.9% |
| 2006 | 12.59 trillion current US$ | +7.2% |
| 2007 | 14.59 trillion current US$ | +15.8% |
| 2008 | 16.21 trillion current US$ | +11.1% |
| 2009 | 14.59 trillion current US$ | -10.0% |
| 2010 | 14.40 trillion current US$ | -1.3% |
| 2011 | 15.60 trillion current US$ | +8.3% |
| 2012 | 14.31 trillion current US$ | -8.3% |
| 2013 | 14.85 trillion current US$ | +3.8% |
| 2014 | 15.16 trillion current US$ | +2.1% |
| 2015 | 13.06 trillion current US$ | -13.9% |
| 2016 | 13.37 trillion current US$ | +2.4% |
| 2017 | 14.24 trillion current US$ | +6.5% |
| 2018 | 15.49 trillion current US$ | +8.7% |
| 2019 | 15.26 trillion current US$ | -1.5% |
| 2020 | 14.95 trillion current US$ | -2.0% |
| 2021 | 16.83 trillion current US$ | +12.6% |
| 2022 | 16.70 trillion current US$ | -0.8% |
| 2023 | 17.98 trillion current US$ | +7.6% |
| 2024 | 18.67 trillion current US$ | +3.8% |
| 2025 | 20.43 trillion current US$ | +9.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.65 trillion current US$ | 743.72 billion current US$ | 3.03 trillion current US$ | 10 |
| 1980s | 3.61 trillion current US$ | 2.63 trillion current US$ | 5.26 trillion current US$ | 10 |
| 1990s | 7.41 trillion current US$ | 6.58 trillion current US$ | 8.27 trillion current US$ | 10 |
| 2000s | 11.31 trillion current US$ | 7.22 trillion current US$ | 16.21 trillion current US$ | 10 |
| 2010s | 14.57 trillion current US$ | 13.06 trillion current US$ | 15.60 trillion current US$ | 10 |
| 2020s | 17.59 trillion current US$ | 14.95 trillion current US$ | 20.43 trillion current US$ | 6 |
Countries ranked near European Union
- 13 Spain 1.83 trillion current US$ compare
- 14 Australia 1.79 trillion current US$ compare
- 15 South Korea 1.78 trillion current US$ compare
- 16 Turkey 1.60 trillion current US$ compare
- 17 Indonesia 1.35 trillion current US$ compare
- 18 Saudi Arabia 1.26 trillion current US$ compare
- 19 Netherlands 1.18 trillion current US$ compare
More economy & growth data for European Union
- Gross national expenditure (constant 2015 US$), annual growth rate 2.12 % change on previous year (2025)
- Exports of goods and services (current US$), per capita 23,360 current US$ per person (2025)
- Exports of goods and services (current US$), per unit of GDP 0.4961 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), annual growth rate 7.29 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per capita 33,955 constant 2015 US$ per person (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.7211 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), annual growth rate 9.47 % change on previous year (2025)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.5591 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), per capita 26,328 constant 2015 US$ per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 2.34 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure in European Union?
- Gross national expenditure in European Union was 20.43 trillion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in European Union?
- The highest recorded value was 20.43 trillion current US$ in 2025.
- What is the lowest gross national expenditure recorded in European Union?
- The lowest recorded value was 743.72 billion current US$ in 1970.
- How does European Union rank for gross national expenditure?
- European Union ranks 16th out of 43 groups with data for 2025.
- Is gross national expenditure rising or falling in European Union?
- Over the last ten years it is up 56.5%. The long-run trend across the full record is volatile.
- Where does this European Union data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross national expenditure (current US$). Statizoid updates them automatically from the source API.
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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.