GDP, PPP in European Union
European Union: GDP, PPP was 24.85 trillion constant 2021 international $ in 2025. ▲ Rising
GDP, PPP in European Union, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
In 2025, gdp, ppp in European Union stood at 24.85 trillion constant 2021 international $. That is the highest value across all 36 years on record.
The figure is up 1.6% on the previous year and up 17.9% over ten years.
Over the whole period, gdp, ppp in European Union peaked at 24.85 trillion constant 2021 international $ in 2025 and was at its lowest, 14.05 trillion constant 2021 international $, in 1990.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.98 trillion constant 2021 international $ | 14.05 trillion constant 2021 international $ | 16.59 trillion constant 2021 international $ | 10 |
| 2000s | 18.83 trillion constant 2021 international $ | 17.24 trillion constant 2021 international $ | 20.48 trillion constant 2021 international $ | 10 |
| 2010s | 21.19 trillion constant 2021 international $ | 20.00 trillion constant 2021 international $ | 23.09 trillion constant 2021 international $ | 10 |
| 2020s | 23.75 trillion constant 2021 international $ | 21.79 trillion constant 2021 international $ | 24.85 trillion constant 2021 international $ | 6 |
More economy & growth data for European Union
- Gross national expenditure 20.43 trillion current US$ (2025)
- Households and NPISHs final consumption expenditure 52.6% (2025)
- Final consumption expenditure 15.76 trillion current US$ (2025)
- Final consumption expenditure 11.88 trillion constant 2015 US$ (2025)
- Final consumption expenditure 1.6% (2025)
- Exports of goods and services 10.54 trillion current US$ (2025)
- Exports of goods and services 2.3% (2025)
- Exports of goods and services 8.35 trillion constant 2015 US$ (2025)
- Manufacturing, value added 14.3% (2025)
- Gross national expenditure 15.32 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is gdp, ppp in European Union?
- Gdp, ppp in European Union was 24.85 trillion constant 2021 international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp, ppp recorded in European Union?
- The highest recorded value was 24.85 trillion constant 2021 international $ in 2025.
- What is the lowest gdp, ppp recorded in European Union?
- The lowest recorded value was 14.05 trillion constant 2021 international $ in 1990.
- Is gdp, ppp rising or falling in European Union?
- Over the last ten years it is up 17.9%. 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 GDP, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross domestic product (GDP) 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 domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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.