GDP PPP (Current USD) rose 14.3% to USD 23,817 bil in the European Union in 2020

GDP PPP (Current USD) (USD bil), 2020
Economy | European Union | January 1, 2021
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GDP in USD PPP terms rose 14.3% to USD 23,817 bil in the European Union in 2020, according to the National Statistical Office.

Historically, GDP in USD PPP terms in the European Union reached an all time high of USD 23,817 bil in 2020 and an all time low of USD 3,964 bil in 1980. When compared to European Union's main peers, GDP in USD PPP terms in China amounted to USD 29,713 bil, USD 5,935 bil in Japan, USD 4,508 bil in Russia and USD 22,289 bil in USA in 2020.

European Union has been ranked th within the group of 173 countries we follow in terms of GDP in USD PPP terms.

GDP PPP (Current USD) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Canada USD bil 1,777 1,856 1,930 2,003 2,077
China USD bil 19,887 21,747 23,523 29,713 32,082
European Union USD bil 19,116 19,866 20,838 23,817 24,680
Germany USD bil 4,402 4,531 4,679 4,716 4,874
India USD bil 8,281 9,002 9,560 12,531 13,753
Japan USD bil 5,180 5,230 5,459 5,935 6,087
Mexico USD bil 2,473 2,577 2,626 2,823 2,958
Russia USD bil 3,819 4,223 4,282 4,508 4,665
South Korea USD bil 2,106 2,180 2,231 2,348 2,459
USA USD bil 19,519 20,580 21,433 22,289 23,096