European Union - GDP, PPP (current International $)

GDP, PPP (current international $) in European Union was reported at 28106710424589 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. European Union - GDP, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.



European Union - GDP, PPP (current International $)
This indicator provides values for gross domestic product (GDP) expressed in current international dollars, converted by purchasing power parity (PPP) conversion factor. GDP is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. PPP conversion factor is a spatial price deflator and currency converter that eliminates the effects of the differences in price levels between countries. From April 2020, “GDP: linked series (current LCU)” [NY.GDP.MKTP.CN.AD] is used as underlying GDP in local currency unit so that it’s in line with time series of PPP conversion factors for GDP, which are extrapolated with linked GDP deflators.

European Union | World Bank Development Indicators