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1 day ago · The European Union's GDP is estimated to be $19.35 trillion (nominal) in 2024 or $26.64 trillion (PPP), representing around one-sixth of the global economy. Germany has the biggest national GDP of all EU countries, followed by France and Italy .
15 hours ago · The International Comparison Program (ICP) showed that, in 2021, the EU's gross domestic product (GDP) represented 15.2% of world GDP when expressed in purchasing power standards (PPS). The largest economy in the world in 2021 was China with about 18.9% of world GDP. The United States was the second largest, with 15.5% of world GDP.
15 hours ago · Germany's Energy Crisis: Europe's Leading Economy is Falling Behind. 30.May.2024 . 7 min read. Just a few years ago, the German economy was the envy of the world. With strong growth, leading exports, and a balanced budget, the European Union’s largest economy was doing incredibly well, growing faster than the neighboring United Kingdom and ...
3 days ago · EU trade deficit with China shrinks to lowest level since 2021. Weak domestic demand and US tariffs on China provide boost to Europe’s transatlantic exports. Italian economy.
1 day ago · The creation of the European Economic Community in 1957 and the EU in 1993 greatly enhanced economic cooperation between many of the continent’s countries. Europe’s continuing economic achievements are evidenced by its high standard of living and its successes in science, technology, and the arts.
2 days ago · Deutsch. Bosnian Polish Romanian. Europe. Regional Economic Outlook: Europe Hitting Its Stride. November 2017. The European recovery is strengthening and broadening appreciably. Real GDP growth is projected at 2.4 percent in 2017, up from 1.7 percent in 2016, before easing to 2.1 percent in 2018.
2 days ago · European Union (EU), international organization comprising 27 European countries and governing common economic, social, and security policies. The EU was created by the Maastricht Treaty, which entered into force on November 1, 1993. The EU’s common currency is the euro. Learn more about the EU in this article.
