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In 2020, Ukraine was Europe's poorest country, followed by Georgia and Kosovo. The European Union's economy is among the top three globally, with such individual countries as Germany leading. Aided by the Marshall Plan, Western nations laid the EU's groundwork for post-WWII recovery, while Soviet-aligned countries lagged, seeking growth through ...
- The Gross Domestic Product (GDP) of The Richest European Countries
- Top 10 Richest Countries in Europe by Total 2020 GDP
- GDP vs GDP Per Capita
- Top 10 Richest Countries in Europe by 2020 GDP Per Capita
- Top 10 Richest Countries in Europe by 2020 GNI Per Capita
The most common fundamental measure of national wealth is Gross Domestic Product (GDP), which measures the value of all the goods and services produced by that country during a given time period (typically a year). Combined, the top six major countries in Europe all had a GDP of more than $1 trillion (US$) in 2020 and tallied a collective GDP of $1...
* Known for being the largest country in the world in terms of size, Russia is a transcontinental country. Although the majority of Russian territory lies in Asia, 78% of the Russian people live in the country's European portion. As such, Russia is typically considered a European country.
Useful as GDP is, it favors more heavily populated countries because it makes no account for the number of workers or corporations contributing to its total value. For example, Poland's population in 2020 was just under 38 million, roughly 25.9% of Russia's--however, its GDP was a full 40% of Russia's, which indicates that Poland's economy is actua...
Three tiny-but-wealthy micronations leap to the top in this metric, followed by a parade of Northern European countries. Several non-country territories perform well in this category as well, including Bermuda ($117,098), the Cayman Islands ($91,393), and Greenland ($54,471). This is likely due to several reasons, including (but not limited to) the...
With the exception of Monaco, which does not appear on this list because its GNI per capita was unavailable (if it were, Monaco would likely rank first), the GNI per capita list is similar to the GDP per capita list, with nine of the same countries in an altered order.
Russia: 35,310 Bulgaria: 33,780 Kazakhstan: 32,712 Montenegro: 28,002 Serbia: 26,074 Belarus: 24,017 Georgia: 22,357 North Macedonia: 21,391 Armenia: 19,745 Bosnia and Herzegovina: 19,634 Albania: 19,556 Azerbaijan: 16,694 Moldova: 16,916 Kosovo: 15,767 Ukraine: 14,304
Country2023143,304137,63889,53784,135Sep 1, 2023 · Greece has a GDP per capita of $39,480. Greece ranks 11th among the richest to poorest countries in Europe by GDP per capita (PPP). 10. Russian Federation. GDP per capita (PPP): $34,840
Jul 2, 2021 · Getty Images. Danish households are the richest in the European Union, according to a data analysis by the country’s central bank. The average household in Denmark had 1.88 million Danish krone...
- Vicky Mckeever
The map data is for year 2023 using IMF data (WEO October 2023 Edition) GDP nominal per capita - current international dollar. [10] >$40,000 $15,000 - $40,000 <$15,000. Map of sovereign states in Europe by 2000 GDP nominal per capita based on USD exchange rate.
This is a sortable list of all European countries by their gross domestic product in billions of US dollars at market or official government exchange rates (nominal GDP), according to the International Monetary Fund. The economic and political map of Europe also includes: Turkey, Georgia, Armenia, Azerbaijan, Cyprus and Kosovo . See also.
