3 ms·
> for a long time EU as a whole was a bigger economy than the US. It's only in the last 2 decades where the US is significantly outpacing the EU. Interesting.
by smnrchrds 4y ago
> for a long time EU as a whole was a bigger economy than the US. It's only in the last 2 decades where the US is significantly outpacing the EU.
Interesting. I couldn't find a good graph showing this. Do you by any chance have a graph or a source?
- revelio 4y agoI don't know when it was larger. However in the 1960s it was of equal size. https://ourworldindata.org/grapher/gross-domestic-product?tab=chart&stackMode=relative&country=USA~European+Union~GBR https://ourworldindata.org/grapher/gross-domestic-product?ta... Starting in the 1980s US GDP inflected and EU did not. The gap appeared then and has got wider ever since. What happened in the 80s? Probably tech?