Share of world GDP — all countries

Share of world GDP — European Union

Share of world GDP in the European Union in 2031 — 12.679%. Since 1980, the indicator has fallen by 14.751 pp.

2031 12.679% −0.213 pp vs 2030
World rank
Period maximum 27.43%1980
Period minimum 12.679%2031

Trend over time

1980–2031 · % of world GDP

Share of world GDP — European Union, 1980–2031101520253019801986199219982004201020162022202820311980: 27.43%1981: 27.01%1982: 27.024%1983: 26.815%1984: 26.316%1985: 25.971%1986: 25.827%1987: 25.506%1988: 25.365%1989: 25.364%1990: 25.028%1991: 24.811%1992: 22.738%1993: 22.336%1994: 22.31%1995: 22.637%1996: 22.268%1997: 21.95%1998: 22.013%1999: 21.888%2000: 21.64%2001: 21.596%2002: 21.278%2003: 20.762%2004: 20.285%2005: 19.806%2006: 19.539%2007: 19.184%2008: 18.815%2009: 18.138%2010: 17.595%2011: 17.278%2012: 16.608%2013: 16.067%2014: 15.797%2015: 15.659%2016: 15.485%2017: 15.37%2018: 15.147%2019: 15.448%2020: 15.158%2021: 14.93%2022: 14.942%2023: 14.551%2024: 14.243%2025: 13.991%2026: 13.771%2027: 13.534%2028: 13.321%2029: 13.104%2030: 12.892%2031: 12.679%
Change over the period: −14.751 pp Annual average: -0.29 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: European Union

European Union 12.679%
World computed 99.592%
Share of world GDP — European Union, by year European Union All countries CSV XLSX
Year % Change, pp
2031 12.679 −0.213 pp
2030 12.892 −0.212 pp
2029 13.104 −0.217 pp
2028 13.321 −0.213 pp
2027 13.534 −0.237 pp
2026 13.771 −0.22 pp
2025 13.991 −0.252 pp
2024 14.243 −0.308 pp
2023 14.551 −0.391 pp
2022 14.942 +0.012 pp
2021 14.93 −0.228 pp
2020 15.158 −0.29 pp
2019 15.448 +0.301 pp
2018 15.147 −0.223 pp
2017 15.37 −0.115 pp
2016 15.485 −0.174 pp
2015 15.659 −0.138 pp
2014 15.797 −0.27 pp
2013 16.067 −0.541 pp
2012 16.608 −0.67 pp
2011 17.278 −0.317 pp
2010 17.595 −0.543 pp
2009 18.138 −0.677 pp
2008 18.815 −0.369 pp
2007 19.184 −0.355 pp
2006 19.539 −0.267 pp
2005 19.806 −0.479 pp
2004 20.285 −0.477 pp
2003 20.762 −0.516 pp
2002 21.278 −0.318 pp
2001 21.596 −0.044 pp
2000 21.64 −0.248 pp
1999 21.888 −0.125 pp
1998 22.013 +0.063 pp
1997 21.95 −0.318 pp
1996 22.268 −0.369 pp
1995 22.637 +0.327 pp
1994 22.31 −0.026 pp
1993 22.336 −0.402 pp
1992 22.738 −2.073 pp
1991 24.811 −0.217 pp
1990 25.028 −0.336 pp
1989 25.364 −0.001 pp
1988 25.365 −0.141 pp
1987 25.506 −0.321 pp
1986 25.827 −0.144 pp
1985 25.971 −0.345 pp
1984 26.316 −0.499 pp
1983 26.815 −0.209 pp
1982 27.024 +0.014 pp
1981 27.01 −0.42 pp
1980 27.43

About the indicator

A country's share of world gross product measured at purchasing power parity. This is the indicator used when speaking of the shift of economic weight between regions: at PPP the shares look different than at market exchange rates — the weight of China and India is markedly higher, that of advanced countries lower, because prices for non-traded services are lower in poorer countries. The IMF series runs with a forecast several years ahead.

Important: The only indicator in the section where the sum over a group of countries has a direct meaning: the shares add up, and for a group the result is its weight in the world economy. The whole world should come to one hundred percent.

Source: World Economic Outlook (IMF), license IMF open data.