United States Economy vs European Union Economy
The U.S. economy is larger by nominal GDP ($27.4 trillion vs $17.9 trillion as of 2024) and grows faster, while the EU has higher per-capita wealth distribution and stronger labor protections, reflecting different economic models and structures.
United States Economy vs European Union Economy — Side-by-side comparison on A Versus B
World's largest economy by nominal GDP with market-driven approach and tech-sector dominance
Second-largest economy with emphasis on social protection, worker rights, and income equality
Nominal GDP (2024). GDP Growth Rate (2024). Per Capita GDP (2024). Unemployment Rate (2024). Corporate Tax Rate (Statutory). Labor Cost per Hour (Manufacturing). Top Tech Companies (Top 10 Global)
The U.S. economy is larger, faster-growing, and more concentrated in high-tech innovation, making it superior for investment growth and technological advancement. Choose the U.S. for dynamic market expansion and entrepreneurship. Choose the EU if prioritizing worker protections, social benefits, and more distributed wealth across member economies with greater regulatory consistency in business.
United States Economy: $30.0-30.5 trillion | European Union Economy: N/A
United States Economy: 17% | European Union Economy: N/A
United States Economy: ~6% | European Union Economy: N/A
United States Economy: ~16% | European Union Economy: N/A
United States Economy: ~3.8-4.0% | European Union Economy: N/A
Advanced Semiconductor Market Leadership
United States Economy: Dominant (Intel, TSMC partnership, Samsung); controls cutting-edge nodes | European Union Economy: N/A
United States Economy: 20-25% | European Union Economy: N/A
United States Economy: Global leader in design and manufacturing | European Union Economy: N/A
United States Economy: Moderate exposure | European Union Economy: N/A
United States Economy: 2.2% | European Union Economy: N/A
United States Economy: $925.8 billion | European Union Economy: N/A
United States Economy: $4.18 trillion (2024) | European Union Economy: N/A
United States Economy: 0.3-0.5% | European Union Economy: N/A
United States Economy: 30.0+ | European Union Economy: N/A
United States Economy: $4,175 billion | European Union Economy: N/A
United States Economy: $4,481 | European Union Economy: N/A
United States Economy: ~20% | European Union Economy: N/A
United States Economy: 6% | European Union Economy: N/A
United States Economy: Leading edge (3nm and below) | European Union Economy: N/A
United States Economy: Minimal negative impact | European Union Economy: N/A
United States Economy: ~10% | European Union Economy: N/A
United States Economy: Leading in design and manufacturing | European Union Economy: N/A
United States Economy: Minimal (exporter advantage) | European Union Economy: N/A
United States Economy: 2.0-2.5% | European Union Economy: N/A
United States Economy: €925.8 billion | European Union Economy: N/A
United States Economy: 25-30% of global EVs | European Union Economy: N/A
United States Economy: 8-10% | European Union Economy: N/A
United States Economy: ~4.0% | European Union Economy: N/A
United States Economy: $310 billion | European Union Economy: N/A
United States Economy: $4,175,432 million (2024) | European Union Economy: N/A
United States Economy: €925,796.8 million | European Union Economy: N/A
United States Economy: $89,000 | European Union Economy: N/A
United States Economy: $10,266.8 | European Union Economy: N/A
United States Economy: $925.8 | European Union Economy: N/A
United States Economy: Global market leader | European Union Economy: N/A
United States Economy: Lower exposure | European Union Economy: N/A
United States Economy: ~6% of global | European Union Economy: N/A
United States Economy: Minimal | European Union Economy: N/A
United States Economy: 0.4-0.6% | European Union Economy: N/A
Lithium Iron Phosphate Battery Production
United States Economy: ~15% | European Union Economy: N/A
United States Economy: $89,000+ | European Union Economy: N/A
United States Economy: 9% | European Union Economy: N/A
United States Economy: 0.2-0.4pp | European Union Economy: N/A
United States Economy: 0.3-0.5% (from AI investment) | European Union Economy: N/A
Lithium Iron Phosphate Battery Production Share
United States Economy: 4% | European Union Economy: N/A
United States Economy: 15% | European Union Economy: N/A
United States Economy: 12% | European Union Economy: N/A
United States Economy: $50-150B | European Union Economy: N/A
United States Economy: $31.5 trillion | European Union Economy: N/A
United States Economy: 2.1% | European Union Economy: N/A
United States Economy: 1st | European Union Economy: N/A
United States Economy: 126% | European Union Economy: 84%
United States Economy: 335 million | European Union Economy: 448M
United States Economy: $809 billion | European Union Economy: $312 billion
United States Economy: AI, semiconductors, cloud, fintech | European Union Economy: N/A
United States Economy: $35,000-45,000 | European Union Economy: N/A
United States Economy: $94,430 | European Union Economy: N/A
United States Economy: $11.1 trillion ahead | European Union Economy: N/A
United States Economy: Data not available | European Union Economy: N/A
United States Economy: ~25-26% of global GDP | European Union Economy: N/A
United States Economy: 1st (maintained) | European Union Economy: N/A
United States Economy: ~1.8% | European Union Economy: N/A
United States Economy: 26.2% | European Union Economy: N/A
United States Economy: Not specified | European Union Economy: N/A
United States Economy: $28.0 trillion | European Union Economy: $19.0 trillion
United States Economy: $85,000 | European Union Economy: $42,900
United States Economy: $27.4 trillion | European Union Economy: N/A
United States Economy: €10,217,935.3 million | European Union Economy: N/A
United States Economy: $3,981 | European Union Economy: N/A
United States Economy: 44.5 | European Union Economy: N/A
United States Economy: ~2.8% | European Union Economy: N/A
United States Economy: 1 EUR = 1.1797 USD | European Union Economy: N/A
United States Economy: 2.0-2.4% | European Union Economy: N/A
United States Economy: 2.0% | European Union Economy: N/A
United States Economy: $96,500+ | European Union Economy: N/A
United States Economy: $11.53 trillion lead | European Union Economy: N/A
United States Economy: $27.23 trillion | European Union Economy: N/A
United States Economy: 122.27% | European Union Economy: N/A
United States Economy: 37.74% | European Union Economy: N/A
United States Economy: 3.5% | European Union Economy: N/A
United States Economy: 336 million | European Union Economy: 448 million
United States Economy: 2.8% | European Union Economy: N/A
United States Economy: 11.8% | European Union Economy: N/A
United States Economy: 25.5% | European Union Economy: N/A
United States Economy: 38.5 years | European Union Economy: N/A
United States Economy: 4.2% | European Union Economy: N/A
United States Economy: 2.9% | European Union Economy: N/A
United States Economy: $156 billion | European Union Economy: N/A
United States Economy: 167 companies | European Union Economy: N/A
United States Economy: 11.2% | European Union Economy: N/A
United States Economy: $27.4T | European Union Economy: N/A
United States Economy: $82,000 | European Union Economy: N/A
United States Economy: $0.13T | European Union Economy: N/A
United States Economy: 4.1% | European Union Economy: N/A
United States Economy: $15.2T (Apple, Microsoft, Google, Amazon, Nvidia, Tesla, Broadcom) | European Union Economy: N/A
United States Economy: 38.9 years | European Union Economy: N/A
United States Economy: $2.1 trillion | European Union Economy: N/A
United States Economy: 2.8% | European Union Economy: 0.8%
United States Economy: $2.4 trillion | European Union Economy: N/A
United States Economy: $285 billion (2023) | European Union Economy: $645B
United States Economy: $82,500 | European Union Economy: N/A
United States Economy: 4.1% | European Union Economy: 6.2%
United States Economy: 123% | European Union Economy: N/A
United States Economy: $62,400 | European Union Economy: N/A
United States Economy: 339 million | European Union Economy: N/A
United States Economy: 65% | European Union Economy: N/A
United States Economy: 2.5% | European Union Economy: 0.9%
United States Economy: $87,000 | European Union Economy: $38,700
United States Economy: $0.13 trillion | European Union Economy: N/A
United States Economy: 129% | European Union Economy: N/A
United States Economy: $80,412 | European Union Economy: N/A
United States Economy: 16.3% | European Union Economy: N/A
United States Economy: $12.8 trillion | European Union Economy: N/A
United States Economy: $27.4 trillion | European Union Economy: $17.9 trillion
United States Economy: 335 million | European Union Economy: 450 million
United States Economy: 21% of electricity | European Union Economy: 46%
United States Economy: 135 companies | European Union Economy: N/A
United States Economy: 2.7% | European Union Economy: 1.1%
United States Economy: 11% | European Union Economy: N/A
United States Economy: 80.1% | European Union Economy: N/A
United States Economy: $346 billion | European Union Economy: N/A
United States Economy: $31.2 trillion | European Union Economy: N/A
United States Economy: 16% | European Union Economy: 12%
United States Economy: -$73 billion deficit | European Union Economy: N/A
United States Economy: 16% | European Union Economy: N/A
United States Economy: 4.1% | European Union Economy: 6.3%
United States Economy: $-$73 billion | European Union Economy: N/A
United States Economy: $2.3T | European Union Economy: N/A
United States Economy: 2.5% | European Union Economy: N/A
United States Economy: 11.5% | European Union Economy: N/A
United States Economy: $820 billion | European Union Economy: N/A
United States Economy: 615,000 | European Union Economy: N/A
United States Economy: 8.2% | European Union Economy: N/A
United States Economy: $28.0 trillion | European Union Economy: N/A
United States Economy: -$773 billion (deficit) | European Union Economy: N/A
United States Economy: $285 billion | European Union Economy: N/A
United States Economy: $82,000 | European Union Economy: $38,500
United States Economy: -$73.1 billion | European Union Economy: +$125 billion
United States Economy: +0.4% (growing) | European Union Economy: N/A
United States Economy: $27.9 trillion | European Union Economy: N/A
United States Economy: 2.4% | European Union Economy: 1.2%
United States Economy: $68,420 | European Union Economy: $52,000
United States Economy: 0.38 million | European Union Economy: N/A
United States Economy: $7.25 | European Union Economy: $13.50
United States Economy: 21% | European Union Economy: 19-25%
United States Economy: 8.7% | European Union Economy: 9.2%
United States Economy: $809 billion | European Union Economy: N/A
United States Economy: 9.8% | European Union Economy: N/A
United States Economy: $42.8 trillion | European Union Economy: N/A
United States Economy: 16.5% | European Union Economy: N/A
United States Economy: $7.1 trillion | European Union Economy: N/A
Foreign Direct Investment Inflows (2024)
United States Economy: $285B | European Union Economy: N/A
United States Economy: 63.0% | European Union Economy: N/A
Tech Sector Market Capitalization (Top 7 Companies)
United States Economy: $14.2 trillion | European Union Economy: N/A
Average Annual GDP Growth Rate (2010-2023)
United States Economy: 2.4% | European Union Economy: N/A
United States Economy: $28.2 trillion | European Union Economy: N/A
United States Economy: 26% of world GDP | European Union Economy: N/A
United States Economy: 0.41 | European Union Economy: 0.31
United States Economy: 17.3% | European Union Economy: 10.9%
United States Economy: -$773 billion | European Union Economy: N/A
United States Economy: 3.2% | European Union Economy: N/A
United States Economy: 398,144 | European Union Economy: N/A
United States Economy: $285 billion annually | European Union Economy: N/A
United States Economy: 170 million workers | European Union Economy: N/A
United States Economy: $28.7 trillion | European Union Economy: N/A
United States Economy: $12.4 trillion | European Union Economy: N/A
United States Economy: 2.6% | European Union Economy: 2.4%
United States Economy: $130 billion | European Union Economy: N/A
United States Economy: $76,398 | European Union Economy: N/A
United States Economy: 415,000 | European Union Economy: N/A
United States Economy: $48.2 trillion | European Union Economy: $18.5 trillion
United States Economy: $120,000 | European Union Economy: N/A
United States Economy: 680 GW | European Union Economy: 690 GW
United States Economy: $27.4 trillion | European Union Economy: $18.5T
United States Economy: 12% | European Union Economy: 20%
United States Economy: 12% | European Union Economy: 8%
United States Economy: 32.4% | European Union Economy: 20.1%
United States Economy: 16.9% | European Union Economy: 9.2%
United States Economy: 21.6% | European Union Economy: 42.6%
United States Economy: $27.4 trillion | European Union Economy: $18.5 trillion
United States Economy: $12.5 trillion | European Union Economy: N/A
United States Economy: $32 trillion | European Union Economy: N/A
United States Economy: 80% | European Union Economy: N/A
United States Economy: 26% | European Union Economy: 20%
United States Economy: 31% | European Union Economy: 21%
United States Economy: $189 billion | European Union Economy: N/A
United States Economy: 3.4% | European Union Economy: N/A
United States Economy: 0.41 | European Union Economy: 0.30
United States Economy: $27.4 trillion | European Union Economy: $17.2 trillion
United States Economy: 2.5% | European Union Economy: 0.7%
United States Economy: $7.25 | European Union Economy: $12.50 avg
United States Economy: $68.40 | European Union Economy: $58.20
United States Economy: 11.8% | European Union Economy: 15.2%
United States Economy: $119 billion | European Union Economy: $31 billion
United States Economy: $2.1 trillion | European Union Economy: $2.4 trillion
Annual GDP Growth Rate (2020-2026 Average)
United States Economy: 195 companies | European Union Economy: N/A
United States Economy: 38 years | European Union Economy: N/A
United States Economy: 285,000 | European Union Economy: N/A
United States Economy: 18% | European Union Economy: N/A
United States Economy: 0.84 million | European Union Economy: N/A
United States Economy: 13.3% | European Union Economy: N/A
United States Economy: 131% | European Union Economy: N/A
United States Economy: $840 billion | European Union Economy: N/A
United States Economy: $81,045 | European Union Economy: $41,200
United States Economy: 26.4% | European Union Economy: N/A
United States Economy: $83,250 | European Union Economy: N/A
United States Economy: $7.2 trillion | European Union Economy: N/A
United States Economy: $28.2T | European Union Economy: N/A
United States Economy: 11.4% | European Union Economy: N/A
United States Economy: 3.45% | European Union Economy: 2.4%
United States Economy: 16% | European Union Economy: 28%
United States Economy: 0.34 billion | European Union Economy: N/A
United States Economy: 21% | European Union Economy: N/A
United States Economy: 1.8% | European Union Economy: N/A
United States Economy: 8.1% | European Union Economy: N/A
United States Economy: $27.4 trillion | European Union Economy: $18.2 trillion
United States Economy: 3.5% | European Union Economy: 2.1%
United States Economy: 127% | European Union Economy: 88%
United States Economy: 58% | European Union Economy: N/A
United States Economy: $350 billion | European Union Economy: N/A
United States Economy: 21x (S&P 500) | European Union Economy: N/A
United States Economy: 2.8% | European Union Economy: 0.5%
United States Economy: 12% of global exports | European Union Economy: N/A
United States Economy: N/A | European Union Economy: $17.2T
United States Economy: N/A | European Union Economy: 0.5%
United States Economy: N/A | European Union Economy: 6.3%
United States Economy: N/A | European Union Economy: $38,200
United States Economy: N/A | European Union Economy: $3.8T
United States Economy: N/A | European Union Economy: 20-30
United States Economy: N/A | European Union Economy: 23.2%
United States Economy: N/A | European Union Economy: 3.4 (4th globally)
United States Economy: N/A | European Union Economy: $2.4 trillion
United States Economy: N/A | European Union Economy: 44.5 years
How to choose between United States Economy and European Union Economy
Compare United States Economy vs European Union Economy
United States Economy vs European Union Economy — Structured Comparison Data
Machine-readable comparison dataset for United States Economy vs European Union Economy. Contains 313 attribute comparisons, 5 FAQ pairs.
United States Economy vs European Union Economy — Attribute Category Vocabulary
Taxonomy of attribute categories used to classify comparison data for United States Economy vs European Union Economy.
Why is the U.S. economy larger than the EU economy?
The U.S. economy is 53% larger ($27.4T vs $17.9T) due to higher per-capita GDP ($81,000 vs $38,700), faster growth rates (2.5% vs 0.9%), and dominance in high-value tech sectors. The U.S. has 6 of the world's top 10 companies while the EU has only 1 (ASML). Additionally, the U.S. invests 2.6x more in R&D ($809B vs $312B), driving innovation and productivity gains.
The EU offers superior worker protections with mandatory 20+ days annual leave, stronger unions (23% unionization vs 10% in U.S.), universal healthcare coverage, and stricter labor laws. However, the U.S. offers higher wages (per capita income $81,000 vs $38,700) and more job mobility. EU unemployment is higher at 6.2% vs 4.1% in the U.S., though EU workers have more job security once employed.
The U.S. economy offers higher growth potential (2.5% vs 0.9%), larger stock markets ($48T vs $18.5T capitalization), and greater exposure to high-growth tech sectors. However, EU investments offer lower volatility, stronger dividend stability in mature companies, and lower currency risk within the eurozone for European investors. U.S. is better for growth; EU is better for stability.
The EU's 0.9% growth (vs U.S. 2.5%) stems from: (1) aging population with median age 44 vs 38 in U.S., (2) higher regulatory burden (GDPR, environmental standards), (3) lower business dynamism and entrepreneurship rates, (4) fragmented 27-country market with varying tax/labor laws, and (5) post-pandemic recovery lag. The U.S. benefits from immigration offsetting aging and more flexible labor markets.
What are the main structural differences between these economies?
The U.S. operates on market-driven capitalism with lighter regulation, higher inequality, privatized healthcare, and aggressive R&D investment. The EU practices regulated capitalism with strong social safety nets, universal healthcare, mandatory worker protections, and lower inequality. The U.S. prioritizes growth and innovation; the EU prioritizes stability and social welfare. These reflect different historical, political, and cultural values.
How to Choose Between United States Economy and European Union Economy
Nominal GDP (2024): United States Economy has $27.4 trillion, while European Union Economy has $17.9 trillion.
GDP Growth Rate (2024): United States Economy has 2.5%, while European Union Economy has 0.9%.
Per Capita GDP (2024): United States Economy has $81,000, while European Union Economy has $38,700.
Unemployment Rate (2024): United States Economy has 4.1%, while European Union Economy has 6.2%.
Consider: Corporate Tax Rate (Statutory)
Corporate Tax Rate (Statutory): United States Economy has 21%, while European Union Economy has 15-37% (varies by member state).
Consider: Labor Cost per Hour (Manufacturing)
Labor Cost per Hour (Manufacturing): United States Economy has $28.50, while European Union Economy has $26.80.
Consider: Top Tech Companies (Top 10 Global)
Top Tech Companies (Top 10 Global): United States Economy has 6 companies, while European Union Economy has 1 company.