Written by Gyorgyi Macsai (Members’ Research Service) with Igor Tkalec (GlobalStat, EUI).
The infographic illustrates the economic development in the United States in comparison with the EU economy in the past decade. Besides showing strong economic recovery capacity in both regions, it gives an insight into economic phenomena, such as rising inflation and growing public debt – unfavourable trends that started before 2022, a year marked by war in Europe. It also portrays trade relations between the two blocs, which, despite having suffered during the COVID-19 pandemic, grew to record levels in EU exports of goods and services in 2021. This is a further updated edition of an infographic, the last edition of which was published in June 2021.
Read this at a glance note on ‘United States: Economic indicators and trade with EU‘ in the Think Tank pages of the European Parliament.