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Points Frog guide

Europe vs Oceania

Europe's GDP per person at PPP is 1.17 times Oceania's, and a dollar goes 32% further in Europe.

Compare two countries

A UN member state, or a continent's average.

The page updates.

In US dollars, spent in each country.

$100 spent in Europe buys about what

$132

buys in Oceania, at purchasing power parity

And $100 in Oceania buys what $76.02 buys in Europe. Prices across Europe's economy average 76% of Oceania's, so a dollar goes 32% further in Europe.

World Bank figures for 2025 unless another year is shown
MeasureEuropeOceania
Economy
Population743.0 million43 of 43 countries46.5 million14 of 14 countries
GDPUS dollars, market exchange rates$29.9 trillion40 of 43 countries$2.11 trillion14 of 14 countries
GDP per personUS dollars$40,25440 of 43 countries$45,37614 of 14 countries
GDP per person at PPPInternational dollars$59,58540 of 43 countries$51,05714 of 14 countries
Prices
Price levelUS prices = 100%68%40 of 43 countries89%14 of 14 countries
A US dollar goes as far as$1.48 in the US40 of 43 countries$1.13 in the US14 of 14 countries
Income
Median income or consumptionPer person, international dollarsMedians don't add upMedians don't add up
More figures: GDP at PPP, conversion factor and GNI
Gross national income is what residents earn, at home and abroad
MeasureEuropeOceania
GDP at PPPInternational dollars$44.3 trillion40 of 43 countries$2.37 trillion14 of 14 countries
PPP conversion factorLocal currency per international dollarMany currenciesMany currencies
GNI per person, Atlas methodUS dollars$38,30540 of 43 countries$44,40814 of 14 countries
GNI per person at PPPInternational dollars$59,15640 of 43 countries$49,34514 of 14 countries

Europe adds up its countries with 2025 figures (UN M49 regions); its per-person figures are the total over their population. Oceania adds up its countries with 2025 figures (UN M49 regions); its per-person figures are the total over their population.

GDP per person at PPP · 2000 to 2025, in constant 2021 international dollarsAdjusted for inflation, so recent years read lower than the current-dollar figures above. Europe covers the 40 of its 43 countries with figures for every year, weighted by population. Oceania covers the 14 of its 14 countries with figures for every year, weighted by population.
  • Europe
  • Oceania
Year-by-year table
YearEuropeOceania
2025$50,183$42,783
2024$49,598$42,833
2023$48,828$43,140
2022$48,171$42,654
2021$46,971$41,448
2020$44,056$40,811
2019$46,526$41,579
2018$45,679$41,329
2017$44,695$40,870
2016$43,562$40,624
2015$42,927$40,185
2014$42,469$39,901
2013$42,014$39,425
2012$41,862$39,093
2011$41,782$38,375
2010$40,828$38,113
2009$39,880$37,938
2008$42,079$38,067
2007$41,504$37,755
2006$39,893$37,113
2005$38,286$36,712
2004$37,254$36,138
2003$35,997$35,233
2002$35,213$34,687
2001$34,581$33,914
2000$33,639$33,724

World Bank figures, updated October 8, 2026. An educational estimate, not financial advice.

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Europe vs Oceania: questions

Is Europe richer than Oceania?

Europe's GDP per person at purchasing power parity was $59,585 in 2025, 1.17 times Oceania's $51,057, so Europe is the richer of the two by this measure. At market exchange rates, GDP per person was $40,254 in Europe and $45,376 in Oceania. Europe's figures add up the 40 of its 43 countries (UN M49 regions) with figures for 2025, and per-person figures are their total GDP over their total population. Oceania's figures add up the 14 of its 14 countries (UN M49 regions) with figures for 2025, and per-person figures are their total GDP over their total population.

How far does a dollar go in Europe compared with Oceania?

Prices across Europe's economy averaged 76% of Oceania's in 2025, so $100 spent in Europe buys about what $132 buys in Oceania, and a dollar goes 32% further in Europe. Against the United States, prices averaged 68% of US prices in Europe and 89% in Oceania.

How big is Europe's economy compared with Oceania's?

In 2025, Europe's GDP was $29.9 trillion at market exchange rates and $44.3 trillion at PPP; Oceania's GDP was $2.11 trillion at market exchange rates and $2.37 trillion at PPP. At market rates Europe's economy is 14 times Oceania's, and at PPP 19 times. Europe has 743.0 million people and Oceania 46.5 million.

Do people earn more in Europe or Oceania?

In 2025, gross national income per person by the World Bank's Atlas method was $38,305 in Europe and $44,408 in Oceania; at PPP it was $59,156 and $49,345. Survey medians can't be added up across countries, so there's none for Europe. Survey medians can't be added up across countries, so there's none for Oceania.

How has GDP per person changed since 2000?

After inflation, GDP per person at PPP grew 49% in Europe from 2000 to 2025, 1.6% a year, and grew 27% in Oceania, 1.0% a year. Europe's was 100% of Oceania's in 2000 and 1.17 times in 2025.

What is purchasing power parity (PPP)?

A rate that converts money between countries by what it buys rather than by the exchange rate. An international dollar buys in any country what a US dollar buys in the United States. The World Bank's International Comparison Program prices the same goods and services around the world to set these rates, so GDP at PPP compares how much economies actually produce, without exchange rate swings or price gaps.

How are the continent figures worked out?

Each continent's GDP and population are the sums of its countries with a figure for 2025, and its per-person figures are that total divided by the same countries' total population, so bigger countries count for more. Countries without a 2025 figure are left out. Continents follow the UN's M49 regions, with the Americas split at South America: Russia counts as Europe, Türkiye, Cyprus and the Caucasus as Asia, and Mexico, Central America and the Caribbean as North America. The chart uses only the countries with figures for every year since 2000.

What's the difference between GDP and GNI?

GDP is the value of everything produced inside a country. GNI, gross national income, adds income residents earn abroad and takes away income sent to foreign owners and workers. They differ most where foreign companies or workers take a large share, as in Ireland or Luxembourg, so GNI per person is closer to what a country's residents earn.

What is the World Bank Atlas method?

A way of converting GNI to US dollars that averages a country's exchange rate over three years, adjusted for inflation, so one year's currency swing doesn't jump it from one income group to another. The World Bank uses it to sort countries into low, lower-middle, upper-middle and high income each July.

Why is the median income missing or old for some countries?

Median income or consumption comes from household surveys, which most countries run every few years and some haven't run in a long time. Many lower-income countries measure what households spend rather than what they earn. This page shows the latest survey from the past 15 years in the World Bank's Poverty and Inequality Platform, with its year, and says when there isn't one.

Where do these figures come from?

From the World Bank's World Development Indicators, last updated October 8, 2026, with figures through 2025, and median income or consumption from its Poverty and Inequality Platform (September 22, 2026 release). Each figure is the latest the World Bank has for that country, from 2015 on; an older one is left out. The IMF publishes its own estimates, which usually differ by a few percent.

Is this comparison financial advice?

No. It's an educational comparison of official statistics. A country's average price level covers its whole economy, so your own costs in either place depend on where you live and what you buy.

How does the comparison work?