What is the EU GDP per capita?
What is the EU GDP per capita?
GDP Per Capita in European Union averaged 23266.36 USD from 1970 until 2020, reaching an all time high of 32997.35 USD in 2019 and a record low of 13274.25 USD in 1970.
What’s the richest country in the EU?
Luxembourg
Luxembourg is the wealthiest country in the European Union, per capita, and its citizens enjoy a high standard of living. Luxembourg is a major center for large private banking, and its finance sector is the biggest contributor to its economy. The country’s main trading partners are Germany, France and Belgium.
What are the top 5 economies in Europe?
Europe’s largest national economies with GDP (nominal) of more than $1 trillion are:
- Germany (about $4.3 trillion),
- France (about $3.1 trillion),
- United Kingdom (about $3.1 trillion),
- Italy (about $2.1 trillion),
- Russia (about $1.7 trillion),
- Spain (about $1.5 trillion),
- Netherlands (about $1.0 trillion),
Is Germany the wealthiest country in Europe?
With a GDP of $3.5 trillion, Germany is the largest economy in Europe and one of the largest in the world. Like other highly developed, service-oriented social market economies, Germany has one of the highest standards of living in the world.
Which countries have the highest per capita income in Europe?
The EFTA countries Switzerland, Norway and Iceland have a level of GDP per capita of 60%, 42% and 25% above the EU average, respectively. Belgium, Finland and France are the other EU Member States with a GDP per capita above the EU average, followed by the United Kingdom.
Which member state has the lowest GDP per capita in Europe?
Bulgaria was the Member State with the lowest GDP per capita, at 45% below the EU average. Levels of actual individual consumption were somewhat more homogeneous, but still showed significant differences across Europe.
How many sovereign states in Europe by GDP (Nominal per capita)?
List of sovereign states in Europe by GDP (nominal) per capita 2021 Country Rank IMF Rank WB 2019 Albania 101 5,991 95 5,353 Austria 14 53,859 13 55,060 Belarus 88 6,487 88 6,663 Belgium 18 50,103 17 46,421
How does Ireland’s GDP per capita compare with the rest of Europe?
Ireland comes out second among the EU Member States, at 111% above the EU average, followed by Denmark, the Netherlands, Austria, Sweden and Germany, each with a GDP per capita more than 20% above the average. The EFTA countries Switzerland, Norway and Iceland have a level of GDP per capita of 60%, 42% and 25% above the EU average, respectively.