Where Data Tells the Story
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What we’re showing
The % GDP growth of the EU-27’s economies, based on purchasing power parity (PPP) international dollars.
Important context
GDP in PPP represents the GDP of a country when it is adjusted for differences in the cost of living and price levels between countries. It is expressed in international dollars.
PPP takes into account that goods and services have different prices in different countries. It equalizes the purchasing power of different currencies by comparing the quantity of goods and services a given amount of money can buy in each country.