European Union (EU) economy size measured in Power Purchasing Parity, i.e. comparing relative standard of living and ability to afford goods and services among countries. EU’s Gross Domestic Product (GDP) chart showing historical economic growth as measured in PPP international dollars.
EU: The European Union, when considered as a single economic entity, has one of the highest GDP PPP figures globally, thanks to the combined output of 27 member states. This collective economic power reflects a highly developed region with robust industrial bases, strong financial sectors, and significant technological innovation. Per capita GDP PPP across the EU varies widely, from wealthy nations like Luxembourg and Germany to lower-income members such as Bulgaria and Romania. On average, the EU maintains a high per capita GDP PPP, representing one of the worlds most prosperous regions, though internal disparities remain a critical policy concern.
