As per International Monetary Fund (IMF) 2019 estimates, the GDP (nominal) of European Union is USD 18,705,132 million. This GDP (nominal) is around 21.43% of Entire World’s GDP.

European Union GDP [PPP]

On the other hand, as per 2019 estimates by International Monetary Fund, the GDP (PPP) of European Union is USD 22,774,165 Million. This is 16.05% of World.