economy
US vs Europe GDP 2025 | Economic Comparison
The US economy is larger in absolute terms with a 2025 GDP of approximately $28.7 trillion compared to the EU's $17.9 trillion, representing a 60% economic advantage. However, the EU's combined GDP rivals or exceeds individual major economies and represents a larger population base of 450 million people.
United States Economy
World's largest economy with $28.7 trillion GDP and advanced service and technology sectors
Investors seeking exposure to world's most dynamic economy; technology and financial sector investors; those measuring absolute economic dominance
Score71%
VS
EU
European Union Economy
Second-largest economic bloc with $17.9 trillion GDP across 27 member states and 450 million population
Investors seeking exposure to large consumer market; industrial and manufacturing sector exposure; those valuing social stability and regulated markets
Score71%
Quick Answer
AI SummaryThe US economy is larger in absolute terms with a 2025 GDP of approximately $28.7 trillion compared to the EU's $17.9 trillion, representing a 60% economic advantage. However, the EU's combined GDP rivals or exceeds individual major economies and represents a larger population base of 450 million people.
Our Verdict
AI-assistedThe US economy is substantially larger in absolute GDP and per-capita wealth, with faster growth momentum and greater technological sector dominance. Choose the US metric if measuring absolute economic power and innovation capacity; choose the EU metric if measuring collective prosperity across a larger, more diverse population base or potential as a consumer market.
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United States Economy
9/10
European Union Economy
6/10
E
Choose United States Economy if
Best pickInvestors seeking exposure to world's most dynamic economy; technology and financial sector investors; those measuring absolute economic dominance
E
Choose European Union Economy if
Investors seeking exposure to large consumer market; industrial and manufacturing sector exposure; those valuing social stability and regulated markets
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Key Differences at a Glance
- Total GDP (2025):✓ United States Economy wins($28.7 trillion vs $17.9 trillion)
- GDP Per Capita:✓ United States Economy wins($85,900 vs $39,800)
- Population:✓ European Union Economy wins(450 million vs 335 million)
Key Facts & Figures
217 numeric metrics compared
| Metric | United States Economy | European Union Economy | Ratio |
|---|---|---|---|
| Total Nominal GDP 2026(USD Trillion) | $30.0-30.5 trillion | — | — |
| Global EV Production Share(%) | 17% | — | — |
| Global Battery (LFP) Production(%) | ~6% | — | — |
| Global Manufacturing Output(%) | ~16% | — | — |
| Unemployment Rate 2026 (Projected)(%) | ~3.8-4.0% | — | — |
| Global EV Market Share(%) | 20-25% | — | — |
| Projected GDP Growth Rate 2026(percent) | 2.2% | — | — |
| Government Defense Expenditure(USD Billions) | $925.8 billion | — | — |
| Government Health Expenditure(USD Million) | $4.18 trillion (2024) | — | — |
| Tariff Impact Risk on GDP(Percentage Points) | 0.3-0.5% | — | — |
| Total GDP 2026(trillion USD) | 30.0+ | — | — |
| Government Defense Expenditure 2024(billion USD) | $925.8 billion | — | — |
| Government Health Expenditure 2024(billion USD) | $4,175 billion | — | — |
| Education Expenditure Per Capita 2023(USD) | $4,481 | — | — |
| EV Production Share(% of global) | ~20% | — | — |
| Solar Panel Manufacturing(% of global) | 6% | — | — |
| Global Solar Panel Production(%) | ~10% | — | — |
| GDP Growth Rate (2026)(%) | 2.0-2.5% | — | — |
| Defence Expenditure (2024)(billion USD) | €925.8 billion | — | — |
| Expected GDP Growth Rate 2026(%) | 2.0-2.5% | — | — |
| Global EV Production Market Share(percent) | 25-30% of global EVs | — | — |
| Solar Panel Production(% of global) | 8-10% | — | — |
| Unemployment Rate Projection(%) | ~4.0% | — | — |
| 2026 GDP Growth Target(percent) | 2.0-2.5% | — | — |
| Health Expenditure (Government)(million USD) | $4,175,432 million (2024) | — | — |
| Defense Expenditure(Million Euros) | €925,796.8 million | — | — |
| Per Capita GDP 2026(USD) | $89,000 | — | — |
| Total Government Expenditure 2024(USD Billion) | $10,266.8 | — | — |
| Defense Expenditure 2024(USD Billion) | $925.8 | — | — |
| Battery Production (LFP)(Percent (%)) | ~6% of global | — | — |
| Government Defense Expenditure (2024)(billion €) | €925.8 billion | — | — |
| GDP Growth Rate (2026 Target)(%) | 2.0-2.5% | — | — |
| LFP Battery Production Share(%) | 6% | — | — |
| Tariff Impact Risk to GDP(percentage points) | Minimal | — | — |
| AI Adoption Growth Contribution(percentage points) | 0.4-0.6% | — | — |
| Lithium Iron Phosphate Battery Production(%) | ~15% | — | — |
| Per Capita GDP (Nominal)(USD) | $89,000+ | — | — |
| Global Solar Panel Production Share(%) | 9% | — | — |
| Potential Tariff Impact on GDP Growth(percentage points) | 0.2-0.4pp | — | — |
| AI Adoption Boost to Growth(Percentage Points) | 0.3-0.5% (from AI investment) | — | — |
| Real GDP Growth Rate 2026(%) | 2.2% | — | — |
| Lithium Iron Phosphate Battery Production Share(%) | 4% | — | — |
| EV Production (Global Share)(%) | 15% | — | — |
| Solar Panel Production (Global Share)(%) | 12% | — | — |
| Potential Tariff Impact (2026-2027)(billion USD annual reduction) | $50-150B | — | — |
| PPP-Adjusted GDP 2026(trillion USD) | $31.5 trillion | — | — |
| Projected Annual GDP Growth Rate(percent) | 2.1% | — | — |
| Global Economic Ranking 2026(rank) | 1st | — | — |
| Government Debt-to-GDP Ratio(percent) | 123% | 84% | |
| Population(Billions) | 335 million | 450 million | |
| Annual R&D Investment(USD billion) | $809 billion | $312 billion | |
| Unemployment Rate Forecast 2026(percent) | ~4.0% | — | — |
| Average EV Cost (Entry Model)(USD (converted)) | $35,000-45,000 | — | — |
| GDP Per Capita (Nominal)(USD) | $94,430 | — | — |
| GDP Per Capita 2026(USD) | $94,430 | — | — |
| GDP Gap vs Competitor(USD Trillions) | $11.1 trillion ahead | — | — |
| Global Economic Ranking(Rank) | 1st | — | — |
| GDP as Percentage of Global Economy(Percent) | ~25-26% of global GDP | — | — |
| Global Economic Rank 2026(rank) | 1st | — | — |
| Projected Global Rank 2031(rank) | 1st (maintained) | — | — |
| Expected Consumption Growth 2026(%) | ~1.8% | — | — |
| Share of Global GDP 2026(percent) | 26.2% | — | — |
| Total Nominal GDP (2026)(USD Trillion) | $28.0 trillion | $19.0 trillion | |
| GDP Per Capita (Nominal, 2026)(USD) | $85,000 | $42,900 | |
| Gross Domestic Product (GDP)(USD trillion) | $31 trillion | — | — |
| Government Expenditure(USD Million) | €10,217,935.3 million | — | — |
| Education Expenditure Per Capita(USD) | $3,981 | — | — |
| Fragile States Index(score) | 44.5 | — | — |
| GDP Growth Rate (YoY)(Percentage) | ~2.8% | — | — |
| Exchange Rate vs Euro(EUR conversion) | 1 EUR = 1.1797 USD | — | — |
| Nominal GDP 2026(trillion USD) | $32.38 trillion | — | — |
| GDP Growth Rate 2026(%) | 2.0-2.4% | — | — |
| Quarterly GDP Growth (Q1 2026)(% (q/q, SAAR)) | 2.0% | — | — |
| GDP per Capita (estimated 2026)(USD) | $96,500+ | — | — |
| GDP Advantage Over Rival(USD Trillion) | $11.53 trillion lead | — | — |
| Total Annual GDP(USD trillions) | $27.23 trillion | — | — |
| Government Debt as % of GDP(percent) | 122.27% | — | — |
| Government Expenditure as % of GDP(percent) | 37.74% | — | — |
| Defence Expenditure(USD billions) | $925.8 billion | — | — |
| Projected Economic Growth 2026(percent) | 3.5% | — | — |
| GDP Per Capita (2024)(USD) | $76,398 | — | — |
| Population (2024)(Millions) | 337 million | — | — |
| Annual Real GDP Growth Rate (2024)(Percent) | 2.8% | — | — |
| Manufacturing Sector Contribution(Percent of GDP) | 11.8% | — | — |
| Share of Global GDP(Percent (%)) | 26.3% | — | — |
| Median Population Age(Years) | 38.5 years | — | — |
| Gross Domestic Product (2024)(USD Trillions) | $27.4 trillion | — | — |
| Nominal GDP (2025)(USD trillion) | $27.4 trillion | — | — |
| Unemployment Rate (2025)(percent) | 4.2% | — | — |
| Inflation Rate (2025)(%) | 2.9% | — | — |
| Annual Automotive Exports(USD billion) | $156 billion | — | — |
| Global Fortune 500 Companies(count) | 167 companies | — | — |
| Exports as % of GDP(percent) | 11.2% | — | — |
| Total GDP 2024(USD Trillion) | $27.4 trillion | — | — |
| GDP per Capita 2024(USD) | $82,000 | — | — |
| Nominal GDP (2024)(USD trillions) | $28.3 trillion | — | — |
| GDP Per Capita(USD) | $85,900 | $39,800 | |
| Real GDP Growth Rate (2024)(Percent) | 2.5% | — | — |
| Total Merchandise Trade Volume(USD trillion) | $2.4 trillion | — | — |
| Foreign Direct Investment Inflows(billion USD) | $285 billion (2023) | — | — |
| Nominal Gross Domestic Product(USD trillion) | $27.4 trillion | — | — |
| GDP per Capita(USD) | $82,500 | — | — |
| Unemployment Rate(%) | 4.1% | — | — |
| Government Debt-to-GDP Ratio(%) | 123% | — | — |
| Average Annual Wage(USD) | $62,400 | — | — |
| Inflation Rate(%) | 2.8% | — | — |
| Population(millions) | 339 million | — | — |
| Global Venture Capital Share(%) | 65% | — | — |
| GDP Growth Rate(%) | 2.5% | 0.9% | |
| Per Capita GDP(USD) | $81,000 | $38,700 | |
| Foreign Exchange Reserves(USD trillion) | $0.13 trillion | — | — |
| Manufacturing Output Share(Percent of Global) | 16% | — | — |
| Total Debt-to-GDP Ratio(%) | 123% | — | — |
| Annual Exports(USD Trillion) | $2.1 trillion | — | — |
| R&D Spending(% of GDP) | 3.5% | — | — |
| GDP Growth Rate (2025)(% annual) | 2.1% | — | — |
| Per Capita GDP (PPP)(USD) | $76,398 | — | — |
| E-commerce as % of Retail(percentage) | 16.3% | — | — |
| Government Debt-to-GDP(%) | 123% | — | — |
| Technology Sector Market Cap(USD trillions) | $12.8 trillion | — | — |
| Total GDP (2024)(USD trillions) | $27.4 trillion | $17.9 trillion | |
| Total Population(millions) | 340 million | 448 million | |
| Unemployment Rate(Percentage) | 4.2% | 6.2% | |
| Global GDP Share(%) | 31% | 20% | |
| Renewable Energy Share(%) | 21% of electricity | 40% of electricity | |
| Nominal GDP(USD Trillions) | $27.4 trillion | $17.9 trillion | |
| Fortune 500 Companies(count) | 136 companies | — | — |
| Total Annual Exports(USD trillion) | $2.1 trillion | — | — |
| National Debt(USD trillion) | $33.2 trillion | — | — |
| Annual GDP Growth Rate(%) | 2.1% | — | — |
| Manufacturing Sector Share(Percent of GDP (%)) | 11.2% | — | — |
| Service Sector Share(% of GDP) | 80.1% | — | — |
| Foreign Direct Investment (Annual)(USD billion) | $285 billion | — | — |
| Projected GDP in 2030(USD trillion) | $31.2 trillion | — | — |
| Global Manufacturing Share(percent) | 17% | 12% | |
| Trade Surplus/Deficit(USD Billions) | -$73 billion deficit | — | — |
| Manufacturing Output (Global Share)(Percent) | 12% | — | — |
| Unemployment Rate (2024)(percent) | 4.0% | — | — |
| Trade Balance (Annual)(USD Billions) | -$773 billion (deficit) | — | — |
| Debt-to-GDP Ratio(Percent) | 129% | — | — |
| Total Merchandise Exports(USD Trillions) | $2.3T | — | — |
| GDP Growth Rate 2023(Percent Annual) | 2.5% | — | — |
| Manufacturing Share of GDP(Percent) | 11.5% | — | — |
| Public Debt to GDP Ratio(percent) | 123% | — | — |
| Unemployment Rate 2024(Percent) | 4.1% | — | — |
| Defense Spending(USD billion) | $820 billion | — | — |
| Annual Patent Filings(Millions) | 625,000 | — | — |
| GDP at Purchasing Power Parity(USD trillion) | $27.4 trillion | — | — |
| Real GDP Growth Rate(Percentage) | 2.7% | 0.9% | |
| Global Export Share(% of global exports) | 8.2% | — | — |
| GDP by Purchasing Power Parity(USD Trillions) | $27.4 trillion | — | — |
| Annual Trade Balance(USD Billions) | -$773 billion | — | — |
| Foreign Direct Investment Annual Inflow(USD Billions) | $285 billion | — | — |
| Annual Real GDP Growth Rate(%) | 2.5% | — | — |
| Trade Balance (2024)(USD Billions) | -$773 billion deficit | — | — |
| Working-Age Population Growth Rate(% Annual Change) | +0.4% (growing) | — | — |
| Total GDP (Nominal)(USD Trillion) | $27.4 trillion | — | — |
| Manufacturing Output(% of global) | $2.3 trillion | — | — |
| National Debt to GDP Ratio(%) | 130% | — | — |
| Average Annual Wage(USD) | $60,500 | $52,000 | |
| Patent Filings (Annual)(millions) | 0.38 million | — | — |
| Annual R&D Spending(USD Billion) | $809 billion | — | — |
| Manufacturing Share of Global Output(percent) | 17% | — | — |
| EV Market Penetration (Domestic)(%) | 9.8% | — | — |
| Stock Market Capitalization (2024)(USD trillions) | $42.8 trillion | — | — |
| Global Manufacturing Output Share(%) | 16% | — | — |
| Total Trade Volume (2024)(USD Trillions) | $7.1 trillion | — | — |
| Nominal Gross Domestic Product(trillion USD) | $27.4 trillion | — | — |
| Manufacturing as Percentage of GDP(percent) | 11.8% | — | — |
| Foreign Direct Investment Inflows (2024)(USD billion) | $269 billion | — | — |
| PPP-Adjusted GDP(trillion USD) | $27.9 trillion | — | — |
| Labor Force Participation Rate(percentage) | 63.0% | — | — |
| Federal/National Debt as % of GDP(percentage) | 123% | — | — |
| Tech Sector Market Capitalization (Top 7 Companies)(USD Trillion) | $14.2 trillion | — | — |
| Average Annual GDP Growth Rate (2010-2023)(%) | 2.4% | — | — |
| Purchasing Power Parity GDP(USD trillion) | $28.2 trillion | — | — |
| Global Economic Share(%) | 26% of world GDP | — | — |
| Foreign Direct Investment Inflow (2023)(USD Billion) | $285 billion | — | — |
| GDP Growth Rate (2024)(%) | 2.5% | 0.9% | |
| Gini Coefficient (Income Inequality)(index 0-1) | 0.48 | 0.31 | |
| Healthcare Spending (% of GDP)(%) | 17.3% | 10.9% | |
| Trade Balance(USD Billions) | -$773B | — | — |
| Inflation Rate(%) | 3.4% | — | — |
| Median Age(Years) | 38.4 | — | — |
| Public Debt as Percentage of GDP(%) | 123% | — | — |
| Patent Filings in Technology(Annual count) | 398,144 | — | — |
| Foreign Direct Investment(USD billions annually) | $285 billion | — | — |
| Working Age Population(millions) | 209 million | — | — |
| Nominal GDP (2026)(USD trillions) | $28.7 trillion | — | — |
| Foreign Direct Investment (2025)(USD billions) | $285 billion | — | — |
| Tech Sector Market Cap(USD trillions) | $12.4 trillion | — | — |
| Global Manufacturing Share (2024)(percent) | 16% | — | — |
| Patent Filings Annually (2023)(thousand filings) | 615,000 | — | — |
| Inflation Rate (2024)(percent) | 2.9% | — | — |
| Foreign Currency Reserves(USD trillions) | $0.13 trillion | — | — |
| GDP Per Capita (PPP)(USD) | $76,398 | — | — |
| Manufacturing as % of GDP(Percent) | 11.8% | — | — |
| Patent Filings (2024)(Thousands) | 415,000 | — | — |
| Stock Market Capitalization(USD Trillion) | $42 trillion | $18.5 trillion | |
| Average Annual Wage (Tech Sector)(USD) | $120,000 | — | — |
| Per Capita Income(USD) | $76,500 | — | — |
| Renewable Energy Capacity(GW) | 680 GW | 690 GW | |
| Global Trade Volume Share(%) | 8.2% | — | — |
| Federal Debt-to-GDP Ratio(%) | 123% | — | — |
| Total GDP(trillion USD) | $28.7 trillion | $17.9 trillion | |
| Annual Growth Rate(percent) | 2.7% | 0.9% | |
| Manufacturing Sector(percent of GDP) | 12% | 20% | |
| Technology Sector(percent of GDP) | 12% | 8% | |
| World GDP Share(percent) | 32.4% | 20.1% | |
| Nominal GDP(USD trillion) | $17.2T | $17.2T | |
| Annual GDP Growth Rate(%) | 0.5% | 0.5% | |
| Unemployment Rate(%) | 6.3% | 6.3% | |
| Per Capita GDP(USD) | $38,200 | $38,200 | |
| Tech Sector Market Capitalization(USD trillion) | $3.8T | $3.8T | |
| Minimum Paid Leave Requirement(days per year) | 20-30 | 20-30 | |
| Corporate Income Tax Rate(percent) | 23.2% | 23.2% | |
| Export Competitiveness Index Rank(score (higher=better)) | 3.4 (4th globally) | 3.4 (4th globally) |
Sourced from publicly available data ·
Key Differences
7 attributes compared head-to-head
United States Economy leads1 tie
EU
1European Union EconomyUnited States Economy
Attribute
European Union Economy
- $28.7 trillion(winner)Total GDP (2025)$17.9 trillion
- $85,900(winner)GDP Per Capita$39,800
- 335 millionPopulation450 million(winner)
- 2.7%(winner)GDP Growth Rate (2024)0.9%
- Services (80%)Largest Economic SectorServices (75%)
- 12%(winner)Tech Sector Share of GDP8%
- 32.4%(winner)World GDP Share20.1%
- Total GDP (2025)
United States Economy
$28.7 trillion(winner)
European Union Economy
$17.9 trillion
- GDP Per Capita
United States Economy
$85,900(winner)
European Union Economy
$39,800
- Population
United States Economy
335 million
European Union Economy
450 million(winner)
- GDP Growth Rate (2024)
United States Economy
2.7%(winner)
European Union Economy
0.9%
- Largest Economic Sector
United States Economy
Services (80%)
European Union Economy
Services (75%)
- Tech Sector Share of GDP
United States Economy
12%(winner)
European Union Economy
8%
- World GDP Share
United States Economy
32.4%(winner)
European Union Economy
20.1%
Full Comparison
| Attribute | United States Economy | European Union Economy |
|---|---|---|
| Total Nominal GDP 2026(USD Trillion) | $30.0-30.5 trillion | — |
| Total GDP 2026(trillion USD) | 30.0+ | — |
| Total Nominal GDP (2026)(USD Trillion) | $28.0 trillion(winner) | $19.0 trillion |
| Nominal GDP 2026(trillion USD) | $32.38 trillion | — |
| Total GDP 2024(USD Trillion) | $27.4 trillion | — |
Show 9 more attributesNominal GDP (2024)(USD trillions) $28.3 trillion — Nominal Gross Domestic Product(USD trillion) $27.4 trillion — Total GDP (2024)(USD trillions) $27.4 trillion $17.9 trillion Nominal GDP(USD Trillions) $27.4 trillion $17.9 trillion GDP by Purchasing Power Parity(USD Trillions) $27.4 trillion — Total GDP (Nominal)(USD Trillion) $27.4 trillion — Nominal Gross Domestic Product(trillion USD) $27.4 trillion — PPP-Adjusted GDP(trillion USD) $27.9 trillion — Nominal GDP (2026)(USD trillions) $28.7 trillion — | ||
| Global EV Production Share(%) | 17% | — |
| Global Battery (LFP) Production(%) | ~6% | — |
| Global Manufacturing Output(%) | ~16% | — |
| Unemployment Rate 2026 (Projected)(%) | ~3.8-4.0% | — |
| Unemployment Rate Projection(%) | ~4.0% | — |
| Unemployment Rate Forecast 2026(percent) | ~4.0% | — |
| Unemployment Rate (2025)(percent) | 4.2% | — |
| Unemployment Rate(Percentage) | 4.2%(winner) | 6.2% |
Show 3 more attributesUnemployment Rate 2024(Percent) 4.1% — Labor Force Participation Rate(percentage) 63.0% — Unemployment Rate(%) 6.3% — | ||
| Advanced Semiconductor Market Leadership(Qualitative) | Dominant (Intel, TSMC partnership, Samsung); controls cutting-edge nodes | — |
| AI Chip Technology Leadership(competitive ranking) | Global leader in design and manufacturing | — |
| Semiconductor & Chip Design Leadership(Qualitative) | Global market leader | — |
| AI Adoption Growth Contribution(percentage points) | 0.4-0.6% | — |
| Tech Sector Market Cap(USD trillions) | $12.4 trillion | — |
| Global EV Market Share(%) | 20-25% | — |
| Tariff Impact on GDP (2026 risk)(percentage points reduction) | Moderate exposure | — |
| Projected GDP Growth Rate 2026(percent) | 2.2% | — |
| GDP Growth Rate (YoY)(Percentage) | ~2.8% | — |
| Annual Real GDP Growth Rate (2024)(Percent) | 2.8% | — |
| Real GDP Growth Rate (2024)(Percent) | 2.5% | — |
| GDP Growth Rate(%) | 2.5%(winner) | 0.9% |
Show 3 more attributesAnnual GDP Growth Rate(%) 2.1% — GDP Growth Rate (2024)(%) 2.5% 0.9% Annual GDP Growth Rate(%) 0.5% — | ||
| Government Defense Expenditure(USD Billions) | $925.8 billion | — |
| Government Defense Expenditure 2024(billion USD) | $925.8 billion | — |
| Defence Expenditure (2024)(billion USD) | €925.8 billion | — |
| Total Government Expenditure 2024(USD Billion) | $10,266.8 | — |
| Government Defense Expenditure (2024)(billion €) | €925.8 billion | — |
Show 1 more attributeGovernment Expenditure(USD Million) €10,217,935.3 million — | ||
| Government Health Expenditure(USD Million) | $4.18 trillion (2024) | — |
| Tariff Impact Risk on GDP(Percentage Points) | 0.3-0.5% | — |
| Potential Tariff Impact on GDP(USD billion) | Minimal (exporter advantage) | — |
| Government Health Expenditure 2024(billion USD) | $4,175 billion | — |
| Education Expenditure Per Capita 2023(USD) | $4,481 | — |
| Education Expenditure Per Capita(USD) | $3,981 | — |
| EV Production Share(% of global) | ~20% | — |
| Semiconductor Technology Tier(nanometers) | Leading edge (3nm and below) | — |
| Solar Panel Manufacturing(% of global) | 6% | — |
| Tariff Impact Risk 2026(% GDP reduction) | Minimal negative impact | — |
| Global Solar Panel Production(%) | ~10% | — |
| Solar Panel Production(% of global) | 8-10% | — |
| Semiconductor Technology Leadership(index (0-100)) | Leading in design and manufacturing | — |
| Global EV Production Market Share(percent) | 25-30% of global EVs | — |
| GDP Growth Rate (2026)(%) | 2.0-2.5% | — |
| Expected GDP Growth Rate 2026(%) | 2.0-2.5% | — |
| GDP Growth Rate (2026 Target)(%) | 2.0-2.5% | — |
| Real GDP Growth Rate(Percentage) | 2.7%(winner) | 0.9% |
| Annual Real GDP Growth Rate(%) | 2.5% | — |
| 2026 GDP Growth Target(percent) | 2.0-2.5% | — |
| GDP Growth Rate 2026(%) | 2.0-2.4% | — |
| Quarterly GDP Growth (Q1 2026)(% (q/q, SAAR)) | 2.0% | — |
| Health Expenditure (Government)(million USD) | $4,175,432 million (2024) | — |
| Defense Expenditure(Million Euros) | €925,796.8 million | — |
| Defense Expenditure 2024(USD Billion) | $925.8 | — |
| Defence Expenditure(USD billions) | $925.8 billion | — |
| Per Capita GDP 2026(USD) | $89,000 | — |
| Per Capita GDP (Nominal)(USD) | $89,000+ | — |
| GDP Per Capita (Nominal)(USD) | $94,430 | — |
| Per Capita GDP(USD) | $81,000(winner) | $38,700 |
| Per Capita GDP(USD) | $38,200 | — |
| Tariff Vulnerability Impact(USD Billions) | Lower exposure | — |
| Potential Tariff Impact (2026-2027)(billion USD annual reduction) | $50-150B | — |
| Battery Production (LFP)(Percent (%)) | ~6% of global | — |
| Lithium Iron Phosphate Battery Production(%) | ~15% | — |
| LFP Battery Production Share(%) | 6% | — |
| Tariff Impact Risk to GDP(percentage points) | Minimal | — |
| Global Solar Panel Production Share(%) | 9% | — |
| Potential Tariff Impact on GDP Growth(percentage points) | 0.2-0.4pp | — |
| AI Adoption Boost to Growth(Percentage Points) | 0.3-0.5% (from AI investment) | — |
| Real GDP Growth Rate 2026(%) | 2.2% | — |
| Lithium Iron Phosphate Battery Production Share(%) | 4% | — |
| EV Production (Global Share)(%) | 15% | — |
| Solar Panel Production (Global Share)(%) | 12% | — |
| PPP-Adjusted GDP 2026(trillion USD) | $31.5 trillion | — |
| Projected Annual GDP Growth Rate(percent) | 2.1% | — |
| Global Economic Ranking 2026(rank) | 1st | — |
| Global Economic Ranking(Rank) | 1st | — |
| Government Debt-to-GDP Ratio(percent) | 123% | 84%(winner) |
| Government Debt as % of GDP(percent) | 122.27% | — |
| Government Debt-to-GDP Ratio(%) | 123% | — |
| Government Debt-to-GDP(%) | 123% | — |
| National Debt(USD trillion) | $33.2 trillion | — |
Show 6 more attributesDebt-to-GDP Ratio(Percent) 129% — Public Debt to GDP Ratio(percent) 123% — National Debt to GDP Ratio(%) 130% — Federal/National Debt as % of GDP(percentage) 123% — Public Debt as Percentage of GDP(%) 123% — Federal Debt-to-GDP Ratio(%) 123% — | ||
| Population(Billions) | 335 million | 450 million |
| Population (2024)(Millions) | 337 million | — |
| Median Population Age(Years) | 38.5 years | — |
| Population(millions) | 339 million | — |
| Total Population(millions) | 340 million(winner) | 448 million |
Show 1 more attributeMedian Age(Years) 38.4 — | ||
| Annual R&D Investment(USD billion) | $809 billion(winner) | $312 billion |
| Annual Patent Filings(Millions) | 625,000 | — |
| Patent Filings (Annual)(millions) | 0.38 million | — |
| Patent Filings in Technology(Annual count) | 398,144 | — |
| Patent Filings Annually (2023)(thousand filings) | 615,000 | — |
Show 1 more attributePatent Filings (2024)(Thousands) 415,000 — | ||
| Primary Tech Focus Area | AI, semiconductors, cloud, fintech | — |
| Average EV Cost (Entry Model)(USD (converted)) | $35,000-45,000 | — |
| GDP Per Capita 2026(USD) | $94,430 | — |
| GDP per Capita (estimated 2026)(USD) | $96,500+ | — |
| GDP Per Capita (2024)(USD) | $76,398 | — |
| GDP per Capita 2024(USD) | $82,000 | — |
| GDP Per Capita(USD) | $85,900(winner) | $39,800 |
Show 3 more attributesGDP per Capita(USD) $82,500 — GDP Per Capita (PPP)(USD) $76,398 — Per Capita Income(USD) $76,500 — | ||
| GDP Gap vs Competitor(USD Trillions) | $11.1 trillion ahead | — |
| Q1 2026 GDP Growth Rate(Percent Year-over-Year) | Data not available | — |
| Q1 2026 Industrial Output Growth(Percent Year-over-Year) | Data not available | — |
| GDP as Percentage of Global Economy(Percent) | ~25-26% of global GDP | — |
| Q1 2026 Inflation Rate(Percent) | Data not available | — |
| Inflation Rate(%) | 2.8% | — |
| Inflation Rate(%) | 3.4% | — |
| Inflation Rate (2024)(percent) | 2.9% | — |
| Global Economic Rank 2026(rank) | 1st | — |
| World GDP Share(percent) | 32.4%(winner) | 20.1% |
| Projected Global Rank 2031(rank) | 1st (maintained) | — |
| Expected Consumption Growth 2026(%) | ~1.8% | — |
| Share of Global GDP 2026(percent) | 26.2% | — |
| Goldman Sachs Growth Forecast 2026(%) | Not specified | — |
| GDP Per Capita (Nominal, 2026)(USD) | $85,000(winner) | $42,900 |
| Gross Domestic Product (GDP)(USD trillion) | $31 trillion | — |
| Inflation Rate (2025)(%) | 2.9% | — |
| Fragile States Index(score) | 44.5 | — |
| Exchange Rate vs Euro(EUR conversion) | 1 EUR = 1.1797 USD | — |
| GDP Advantage Over Rival(USD Trillion) | $11.53 trillion lead | — |
| Total Annual GDP(USD trillions) | $27.23 trillion | — |
| Nominal GDP (2025)(USD trillion) | $27.4 trillion | — |
| Total GDP(trillion USD) | $28.7 trillion(winner) | $17.9 trillion |
| Nominal GDP(USD trillion) | $17.2T | — |
| Government Expenditure as % of GDP(percent) | 37.74% | — |
| Projected Economic Growth 2026(percent) | 3.5% | — |
| Manufacturing Sector Contribution(Percent of GDP) | 11.8% | — |
| Share of Global GDP(Percent (%)) | 26.3% | — |
| Global GDP Share(%) | 31%(winner) | 20% |
| Global Economic Share(%) | 26% of world GDP | — |
| Gross Domestic Product (2024)(USD Trillions) | $27.4 trillion | — |
| Annual Automotive Exports(USD billion) | $156 billion | — |
| Global Fortune 500 Companies(count) | 167 companies | — |
| Exports as % of GDP(percent) | 11.2% | — |
| Total Merchandise Trade Volume(USD trillion) | $2.4 trillion | — |
| Total Annual Exports(USD trillion) | $2.1 trillion | — |
| Total Merchandise Exports(USD Trillions) | $2.3T | — |
| Global Export Share(% of global exports) | 8.2% | — |
| Annual Trade Balance(USD Billions) | -$773 billion | — |
Show 1 more attributeTotal Trade Volume (2024)(USD Trillions) $7.1 trillion — | ||
| Foreign Direct Investment Inflows(billion USD) | $285 billion (2023) | — |
| Foreign Direct Investment Annual Inflow(USD Billions) | $285 billion | — |
| Unemployment Rate(%) | 4.1% | — |
| Average Annual Wage(USD) | $62,400 | — |
| Global Venture Capital Share(%) | 65% | — |
| R&D Spending(% of GDP) | 3.5% | — |
| Annual R&D Spending(USD Billion) | $809 billion | — |
| Foreign Exchange Reserves(USD trillion) | $0.13 trillion | — |
| Manufacturing Output Share(Percent of Global) | 16% | — |
| Manufacturing Output (Global Share)(Percent) | 12% | — |
| Global Manufacturing Share (2024)(percent) | 16% | — |
| Total Debt-to-GDP Ratio(%) | 123% | — |
| Annual Exports(USD Trillion) | $2.1 trillion | — |
| Trade Balance (Annual)(USD Billions) | -$773 billion (deficit) | — |
| Trade Balance(USD Billions) | -$773B | — |
| Global Trade Volume Share(%) | 8.2% | — |
| GDP Growth Rate (2025)(% annual) | 2.1% | — |
| Per Capita GDP (PPP)(USD) | $76,398 | — |
| E-commerce as % of Retail(percentage) | 16.3% | — |
| Technology Sector Market Cap(USD trillions) | $12.8 trillion | — |
| Renewable Energy Share(%) | 21% of electricity | 40% of electricity(winner) |
| Fortune 500 Companies(count) | 136 companies | — |
| Manufacturing Sector Share(Percent of GDP (%)) | 11.2% | — |
| Service Sector Share(% of GDP) | 80.1% | — |
| Manufacturing Share of GDP(Percent) | 11.5% | — |
| Manufacturing as Percentage of GDP(percent) | 11.8% | — |
| Manufacturing as % of GDP(Percent) | 11.8% | — |
Show 2 more attributesManufacturing Sector(percent of GDP) 12% 20% Technology Sector(percent of GDP) 12% 8% | ||
| Foreign Direct Investment (Annual)(USD billion) | $285 billion | — |
| Projected GDP in 2030(USD trillion) | $31.2 trillion | — |
| Global Manufacturing Share(percent) | 17%(winner) | 12% |
| Global Manufacturing Output Share(%) | 16% | — |
| Trade Surplus/Deficit(USD Billions) | -$73 billion deficit | — |
| Unemployment Rate (2024)(percent) | 4.0% | — |
| GDP Growth Rate 2023(Percent Annual) | 2.5% | — |
| Annual Growth Rate(percent) | 2.7%(winner) | 0.9% |
| Defense Spending(USD billion) | $820 billion | — |
| GDP at Purchasing Power Parity(USD trillion) | $27.4 trillion | — |
| Trade Balance (2024)(USD Billions) | -$773 billion deficit | — |
| Working-Age Population Growth Rate(% Annual Change) | +0.4% (growing) | — |
| Manufacturing Output(% of global) | $2.3 trillion | — |
| Average Annual Wage(USD) | $60,500(winner) | $52,000 |
| Manufacturing Share of Global Output(percent) | 17% | — |
| EV Market Penetration (Domestic)(%) | 9.8% | — |
| Stock Market Capitalization (2024)(USD trillions) | $42.8 trillion | — |
| Stock Market Capitalization(USD Trillion) | $42 trillion(winner) | $18.5 trillion |
| Foreign Direct Investment Inflows (2024)(USD billion) | $269 billion | — |
| Tech Sector Market Capitalization (Top 7 Companies)(USD Trillion) | $14.2 trillion | — |
| Average Annual GDP Growth Rate (2010-2023)(%) | 2.4% | — |
| Purchasing Power Parity GDP(USD trillion) | $28.2 trillion | — |
| Foreign Direct Investment Inflow (2023)(USD Billion) | $285 billion | — |
| Gini Coefficient (Income Inequality)(index 0-1) | 0.48 | 0.31(winner) |
| Healthcare Spending (% of GDP)(%) | 17.3% | 10.9%(winner) |
| Foreign Direct Investment(USD billions annually) | $285 billion | — |
| Working Age Population(millions) | 209 million | — |
| Foreign Direct Investment (2025)(USD billions) | $285 billion | — |
| Foreign Currency Reserves(USD trillions) | $0.13 trillion | — |
| Average Annual Wage (Tech Sector)(USD) | $120,000 | — |
| Renewable Energy Capacity(GW) | 680 GW | 690 GW(winner) |
| Tech Sector Market Capitalization(USD trillion) | $3.8T | — |
| Minimum Paid Leave Requirement(days per year) | 20-30 | — |
| Corporate Income Tax Rate(percent) | 23.2% | — |
| Export Competitiveness Index Rank(score (higher=better)) | 3.4 (4th globally) | — |
United States EconomyEEuropean Union Economy
Total Nominal GDP 2026(USD Trillion)
$30.0-30.5 trillion
—
Total GDP 2026(trillion USD)
30.0+
—
Total Nominal GDP (2026)(USD Trillion)
$28.0 trillion
$19.0 trillion
Nominal GDP 2026(trillion USD)
$32.38 trillion
—
Total GDP 2024(USD Trillion)
$27.4 trillion
—
Show 9 more attributes
Nominal GDP (2024)(USD trillions)
$28.3 trillion
—
Nominal Gross Domestic Product(USD trillion)
$27.4 trillion
—
Total GDP (2024)(USD trillions)
$27.4 trillion
$17.9 trillion
Nominal GDP(USD Trillions)
$27.4 trillion
$17.9 trillion
GDP by Purchasing Power Parity(USD Trillions)
$27.4 trillion
—
Total GDP (Nominal)(USD Trillion)
$27.4 trillion
—
Nominal Gross Domestic Product(trillion USD)
$27.4 trillion
—
PPP-Adjusted GDP(trillion USD)
$27.9 trillion
—
Nominal GDP (2026)(USD trillions)
$28.7 trillion
—
Global EV Production Share(%)
17%
—
Global Battery (LFP) Production(%)
~6%
—
Global Manufacturing Output(%)
~16%
—
Unemployment Rate 2026 (Projected)(%)
~3.8-4.0%
—
Unemployment Rate Projection(%)
~4.0%
—
Unemployment Rate Forecast 2026(percent)
~4.0%
—
Unemployment Rate (2025)(percent)
4.2%
—
Unemployment Rate(Percentage)
4.2%
6.2%
Show 3 more attributes
Unemployment Rate 2024(Percent)
4.1%
—
Labor Force Participation Rate(percentage)
63.0%
—
Unemployment Rate(%)
6.3%
—
Advanced Semiconductor Market Leadership(Qualitative)
Dominant (Intel, TSMC partnership, Samsung); controls cutting-edge nodes
—
AI Chip Technology Leadership(competitive ranking)
Global leader in design and manufacturing
—
Semiconductor & Chip Design Leadership(Qualitative)
Global market leader
—
AI Adoption Growth Contribution(percentage points)
0.4-0.6%
—
Tech Sector Market Cap(USD trillions)
$12.4 trillion
—
Global EV Market Share(%)
20-25%
—
Tariff Impact on GDP (2026 risk)(percentage points reduction)
Moderate exposure
—
Projected GDP Growth Rate 2026(percent)
2.2%
—
GDP Growth Rate (YoY)(Percentage)
~2.8%
—
Annual Real GDP Growth Rate (2024)(Percent)
2.8%
—
Real GDP Growth Rate (2024)(Percent)
2.5%
—
GDP Growth Rate(%)
2.5%
0.9%
Show 3 more attributes
Annual GDP Growth Rate(%)
2.1%
—
GDP Growth Rate (2024)(%)
2.5%
0.9%
Annual GDP Growth Rate(%)
0.5%
—
Government Defense Expenditure(USD Billions)
$925.8 billion
—
Government Defense Expenditure 2024(billion USD)
$925.8 billion
—
Defence Expenditure (2024)(billion USD)
€925.8 billion
—
Total Government Expenditure 2024(USD Billion)
$10,266.8
—
Government Defense Expenditure (2024)(billion €)
€925.8 billion
—
Show 1 more attribute
Government Expenditure(USD Million)
€10,217,935.3 million
—
Government Health Expenditure(USD Million)
$4.18 trillion (2024)
—
Tariff Impact Risk on GDP(Percentage Points)
0.3-0.5%
—
Potential Tariff Impact on GDP(USD billion)
Minimal (exporter advantage)
—
Government Health Expenditure 2024(billion USD)
$4,175 billion
—
Education Expenditure Per Capita 2023(USD)
$4,481
—
Education Expenditure Per Capita(USD)
$3,981
—
EV Production Share(% of global)
~20%
—
Semiconductor Technology Tier(nanometers)
Leading edge (3nm and below)
—
Solar Panel Manufacturing(% of global)
6%
—
Tariff Impact Risk 2026(% GDP reduction)
Minimal negative impact
—
Global Solar Panel Production(%)
~10%
—
Solar Panel Production(% of global)
8-10%
—
Semiconductor Technology Leadership(index (0-100))
Leading in design and manufacturing
—
Global EV Production Market Share(percent)
25-30% of global EVs
—
GDP Growth Rate (2026)(%)
2.0-2.5%
—
Expected GDP Growth Rate 2026(%)
2.0-2.5%
—
GDP Growth Rate (2026 Target)(%)
2.0-2.5%
—
Real GDP Growth Rate(Percentage)
2.7%
0.9%
Annual Real GDP Growth Rate(%)
2.5%
—
2026 GDP Growth Target(percent)
2.0-2.5%
—
GDP Growth Rate 2026(%)
2.0-2.4%
—
Quarterly GDP Growth (Q1 2026)(% (q/q, SAAR))
2.0%
—
Health Expenditure (Government)(million USD)
$4,175,432 million (2024)
—
Defense Expenditure(Million Euros)
€925,796.8 million
—
Defense Expenditure 2024(USD Billion)
$925.8
—
Defence Expenditure(USD billions)
$925.8 billion
—
Per Capita GDP 2026(USD)
$89,000
—
Per Capita GDP (Nominal)(USD)
$89,000+
—
GDP Per Capita (Nominal)(USD)
$94,430
—
Per Capita GDP(USD)
$81,000
$38,700
Per Capita GDP(USD)
$38,200
—
Tariff Vulnerability Impact(USD Billions)
Lower exposure
—
Potential Tariff Impact (2026-2027)(billion USD annual reduction)
$50-150B
—
Battery Production (LFP)(Percent (%))
~6% of global
—
Lithium Iron Phosphate Battery Production(%)
~15%
—
LFP Battery Production Share(%)
6%
—
Tariff Impact Risk to GDP(percentage points)
Minimal
—
Global Solar Panel Production Share(%)
9%
—
Potential Tariff Impact on GDP Growth(percentage points)
0.2-0.4pp
—
AI Adoption Boost to Growth(Percentage Points)
0.3-0.5% (from AI investment)
—
Real GDP Growth Rate 2026(%)
2.2%
—
Lithium Iron Phosphate Battery Production Share(%)
4%
—
EV Production (Global Share)(%)
15%
—
Solar Panel Production (Global Share)(%)
12%
—
PPP-Adjusted GDP 2026(trillion USD)
$31.5 trillion
—
Projected Annual GDP Growth Rate(percent)
2.1%
—
Global Economic Ranking 2026(rank)
1st
—
Global Economic Ranking(Rank)
1st
—
Government Debt-to-GDP Ratio(percent)
123%
84%
Government Debt as % of GDP(percent)
122.27%
—
Government Debt-to-GDP Ratio(%)
123%
—
Government Debt-to-GDP(%)
123%
—
National Debt(USD trillion)
$33.2 trillion
—
Show 6 more attributes
Debt-to-GDP Ratio(Percent)
129%
—
Public Debt to GDP Ratio(percent)
123%
—
National Debt to GDP Ratio(%)
130%
—
Federal/National Debt as % of GDP(percentage)
123%
—
Public Debt as Percentage of GDP(%)
123%
—
Federal Debt-to-GDP Ratio(%)
123%
—
Population(Billions)
335 million
450 million
Population (2024)(Millions)
337 million
—
Median Population Age(Years)
38.5 years
—
Population(millions)
339 million
—
Total Population(millions)
340 million
448 million
Show 1 more attribute
Median Age(Years)
38.4
—
Annual R&D Investment(USD billion)
$809 billion
$312 billion
Annual Patent Filings(Millions)
625,000
—
Patent Filings (Annual)(millions)
0.38 million
—
Patent Filings in Technology(Annual count)
398,144
—
Patent Filings Annually (2023)(thousand filings)
615,000
—
Show 1 more attribute
Patent Filings (2024)(Thousands)
415,000
—
Primary Tech Focus Area
AI, semiconductors, cloud, fintech
—
Average EV Cost (Entry Model)(USD (converted))
$35,000-45,000
—
GDP Per Capita 2026(USD)
$94,430
—
GDP per Capita (estimated 2026)(USD)
$96,500+
—
GDP Per Capita (2024)(USD)
$76,398
—
GDP per Capita 2024(USD)
$82,000
—
GDP Per Capita(USD)
$85,900
$39,800
Show 3 more attributes
GDP per Capita(USD)
$82,500
—
GDP Per Capita (PPP)(USD)
$76,398
—
Per Capita Income(USD)
$76,500
—
GDP Gap vs Competitor(USD Trillions)
$11.1 trillion ahead
—
Q1 2026 GDP Growth Rate(Percent Year-over-Year)
Data not available
—
Q1 2026 Industrial Output Growth(Percent Year-over-Year)
Data not available
—
GDP as Percentage of Global Economy(Percent)
~25-26% of global GDP
—
Q1 2026 Inflation Rate(Percent)
Data not available
—
Inflation Rate(%)
2.8%
—
Inflation Rate(%)
3.4%
—
Inflation Rate (2024)(percent)
2.9%
—
Global Economic Rank 2026(rank)
1st
—
World GDP Share(percent)
32.4%
20.1%
Projected Global Rank 2031(rank)
1st (maintained)
—
Expected Consumption Growth 2026(%)
~1.8%
—
Share of Global GDP 2026(percent)
26.2%
—
Goldman Sachs Growth Forecast 2026(%)
Not specified
—
GDP Per Capita (Nominal, 2026)(USD)
$85,000
$42,900
Gross Domestic Product (GDP)(USD trillion)
$31 trillion
—
Inflation Rate (2025)(%)
2.9%
—
Fragile States Index(score)
44.5
—
Exchange Rate vs Euro(EUR conversion)
1 EUR = 1.1797 USD
—
GDP Advantage Over Rival(USD Trillion)
$11.53 trillion lead
—
Total Annual GDP(USD trillions)
$27.23 trillion
—
Nominal GDP (2025)(USD trillion)
$27.4 trillion
—
Total GDP(trillion USD)
$28.7 trillion
$17.9 trillion
Nominal GDP(USD trillion)
$17.2T
—
Government Expenditure as % of GDP(percent)
37.74%
—
Projected Economic Growth 2026(percent)
3.5%
—
Manufacturing Sector Contribution(Percent of GDP)
11.8%
—
Share of Global GDP(Percent (%))
26.3%
—
Global GDP Share(%)
31%
20%
Global Economic Share(%)
26% of world GDP
—
Gross Domestic Product (2024)(USD Trillions)
$27.4 trillion
—
Annual Automotive Exports(USD billion)
$156 billion
—
Global Fortune 500 Companies(count)
167 companies
—
Exports as % of GDP(percent)
11.2%
—
Total Merchandise Trade Volume(USD trillion)
$2.4 trillion
—
Total Annual Exports(USD trillion)
$2.1 trillion
—
Total Merchandise Exports(USD Trillions)
$2.3T
—
Global Export Share(% of global exports)
8.2%
—
Annual Trade Balance(USD Billions)
-$773 billion
—
Show 1 more attribute
Total Trade Volume (2024)(USD Trillions)
$7.1 trillion
—
Foreign Direct Investment Inflows(billion USD)
$285 billion (2023)
—
Foreign Direct Investment Annual Inflow(USD Billions)
$285 billion
—
Unemployment Rate(%)
4.1%
—
Average Annual Wage(USD)
$62,400
—
Global Venture Capital Share(%)
65%
—
R&D Spending(% of GDP)
3.5%
—
Annual R&D Spending(USD Billion)
$809 billion
—
Foreign Exchange Reserves(USD trillion)
$0.13 trillion
—
Manufacturing Output Share(Percent of Global)
16%
—
Manufacturing Output (Global Share)(Percent)
12%
—
Global Manufacturing Share (2024)(percent)
16%
—
Total Debt-to-GDP Ratio(%)
123%
—
Annual Exports(USD Trillion)
$2.1 trillion
—
Trade Balance (Annual)(USD Billions)
-$773 billion (deficit)
—
Trade Balance(USD Billions)
-$773B
—
Global Trade Volume Share(%)
8.2%
—
GDP Growth Rate (2025)(% annual)
2.1%
—
Per Capita GDP (PPP)(USD)
$76,398
—
E-commerce as % of Retail(percentage)
16.3%
—
Technology Sector Market Cap(USD trillions)
$12.8 trillion
—
Renewable Energy Share(%)
21% of electricity
40% of electricity
Fortune 500 Companies(count)
136 companies
—
Manufacturing Sector Share(Percent of GDP (%))
11.2%
—
Service Sector Share(% of GDP)
80.1%
—
Manufacturing Share of GDP(Percent)
11.5%
—
Manufacturing as Percentage of GDP(percent)
11.8%
—
Manufacturing as % of GDP(Percent)
11.8%
—
Show 2 more attributes
Manufacturing Sector(percent of GDP)
12%
20%
Technology Sector(percent of GDP)
12%
8%
Foreign Direct Investment (Annual)(USD billion)
$285 billion
—
Projected GDP in 2030(USD trillion)
$31.2 trillion
—
Global Manufacturing Share(percent)
17%
12%
Global Manufacturing Output Share(%)
16%
—
Trade Surplus/Deficit(USD Billions)
-$73 billion deficit
—
Unemployment Rate (2024)(percent)
4.0%
—
GDP Growth Rate 2023(Percent Annual)
2.5%
—
Annual Growth Rate(percent)
2.7%
0.9%
Defense Spending(USD billion)
$820 billion
—
GDP at Purchasing Power Parity(USD trillion)
$27.4 trillion
—
Trade Balance (2024)(USD Billions)
-$773 billion deficit
—
Working-Age Population Growth Rate(% Annual Change)
+0.4% (growing)
—
Manufacturing Output(% of global)
$2.3 trillion
—
Average Annual Wage(USD)
$60,500
$52,000
Manufacturing Share of Global Output(percent)
17%
—
EV Market Penetration (Domestic)(%)
9.8%
—
Stock Market Capitalization (2024)(USD trillions)
$42.8 trillion
—
Stock Market Capitalization(USD Trillion)
$42 trillion
$18.5 trillion
Foreign Direct Investment Inflows (2024)(USD billion)
$269 billion
—
Tech Sector Market Capitalization (Top 7 Companies)(USD Trillion)
$14.2 trillion
—
Average Annual GDP Growth Rate (2010-2023)(%)
2.4%
—
Purchasing Power Parity GDP(USD trillion)
$28.2 trillion
—
Foreign Direct Investment Inflow (2023)(USD Billion)
$285 billion
—
Gini Coefficient (Income Inequality)(index 0-1)
0.48
0.31
Healthcare Spending (% of GDP)(%)
17.3%
10.9%
Foreign Direct Investment(USD billions annually)
$285 billion
—
Working Age Population(millions)
209 million
—
Foreign Direct Investment (2025)(USD billions)
$285 billion
—
Foreign Currency Reserves(USD trillions)
$0.13 trillion
—
Average Annual Wage (Tech Sector)(USD)
$120,000
—
Renewable Energy Capacity(GW)
680 GW
690 GW
Tech Sector Market Capitalization(USD trillion)
$3.8T
—
Minimum Paid Leave Requirement(days per year)
20-30
—
Corporate Income Tax Rate(percent)
23.2%
—
Export Competitiveness Index Rank(score (higher=better))
3.4 (4th globally)
—
Pros & Cons
10 pros·4 cons across both
EU
United States Economy
+5-2
Pros
- Largest absolute GDP at $28.7 trillion (2025)
- Highest GDP per capita at $85,900 demonstrating greater individual wealth
- Fastest growth rate at 2.7% annually (2024 data)
- Dominates technology and financial services sectors (12% of GDP)
- Controls 42% of global venture capital investment
Cons
- Growing wealth inequality with Gini coefficient of 0.48
- Slower population growth of 0.6% annually limits demographic dividend
EU
European Union Economy
+5-2
Pros
- Larger total population of 450 million providing massive consumer market
- More balanced economic growth across multiple diverse member states
- Strong manufacturing and industrial base (20% of GDP vs US 12%)
- Leader in renewable energy with 46% of electricity from renewables (2024)
- Higher social safety nets and lower income inequality (Gini: 0.31)
Cons
- Fragmented governance across 27 member states creates regulatory complexity
- Slower economic growth at 0.9% (2024) with geopolitical headwinds limiting recovery
Frequently Asked Questions
5 questions
The US has significantly higher GDP per capita ($85,900 vs $39,800), driven by greater labor productivity, higher wages, larger technology sector (12% vs 8% of GDP), and more efficient capital allocation. The US also benefits from entrepreneurship-focused venture capital market with 42% of global VC funding, compared to Europe's more regulated labor and business environments.
Resources & Learn More
Curated sources to dive deeper
Wikipedia
- W
United States Economy on Wikipedia (opens in new tab)
World's largest economy with $28.7 trillion GDP and advanced service and technology sectors
- W
European Union Economy on Wikipedia (opens in new tab)
Second-largest economic bloc with $17.9 trillion GDP across 27 member states and 450 million population
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