European Union - GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in European Union was 18,666,100,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 19,850,300,000,000 in 2019 and 11,993,500,000,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 11,993,500,000,000
1991 12,162,300,000,000
1992 12,282,800,000,000
1993 12,220,700,000,000
1994 12,547,000,000,000
1995 12,897,700,000,000
1996 13,158,200,000,000
1997 13,495,900,000,000
1998 13,896,900,000,000
1999 14,293,400,000,000
2000 14,851,400,000,000
2001 15,187,500,000,000
2002 15,379,000,000,000
2003 15,546,900,000,000
2004 15,977,500,000,000
2005 16,309,900,000,000
2006 16,907,100,000,000
2007 17,470,600,000,000
2008 17,623,500,000,000
2009 16,870,200,000,000
2010 17,222,600,000,000
2011 17,533,300,000,000
2012 17,408,600,000,000
2013 17,408,000,000,000
2014 17,693,900,000,000
2015 18,116,100,000,000
2016 18,494,800,000,000
2017 19,041,700,000,000
2018 19,465,800,000,000
2019 19,850,300,000,000
2020 18,666,100,000,000

Aggregation method: Gap-filled total

Base Period: 2011

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity