Abstract
There exists a wide gap between European and American economies. The GDP, GDP per capita as well as productivity levels are much higher in the US than in Europe. These figures show the extent of American dynamism which cannot be denied. And after the 9/11 events, many felt that the American economy would enter into a recession. Though the statistics prove the contrary, the official figures are slightly biased in favor of the US, due to several factors. Among them, the difference in the methods of calculation is one. Making a comparison between Europe and the US has always been very interesting because one could say that the two continents are certainly the most powerful in the world. So, the two economies and their figures have to be analyzed carefully because they may not be very objective or subtle to consider.
