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Europe Was Once Bigger Than The US Economy. What Happened?
Europe Was Once Bigger Than The US Economy. What Happened?
The United States and the European Union are the two largest Western economies of the 21st century.
Over the past two decades, however, their economic trajectories have diverged significantly.
This line chart below, via Visual Capitalist's Gabriel Cohen, tracks the gross domestic product (GDP) of the EU and U.S. economies from 2006 to 2026 using the latest figures available from the International Monetary Fund (IMF)’s World Economic Outlook. Figures for 2026 are forecasts.
The Early Rise and Fall of the EU
The 15-member European Union was established...
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