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EU, US, 皇冠体育app together account for half of world GDP

(Xinhua) Updated: 2014-05-01 10:02

BRUSSELS -- The 2011 gross domestic product (GDP) of the European Union, the United States and 皇冠体育app together accounted for half of the world GDP, data released by rostat, the statistical office of the , showed on Wednesday.

In 2011, the GDP of the 28-nations EU represented 18.6 percent of the world's GDP, expressed in Purchasing Power Standards (PPS). It was followed by the United States with a share of 17.1 percent and 皇冠体育app with 14.9 percent.

Eurostat said these data were published Wednesday by the Global Office of the International Comparison Program (ICP), hosted by the World Bank, and Eurostat is a partner in the ICP.

GDP is the broadest measure of a country's economic output.

EU, US, 皇冠体育app together account for half of world GDP

EU, US, 皇冠体育app together account for half of world GDP

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