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What is the richest country in Europe? Europe's richest country is Germany, which has a GDP of $3.8 trillion. When measuring GDP per capita, Monaco is the wealthiest, with $190,513 GDP per capita.
- Luxembourg- $110,870 GDP per capita. The small, robust economy of landlocked Luxembourg benefits from year on year growth, low inflation and an equally low unemployment rate.
- Ireland - $79,925 GDP per capita. Despite a stumble in the final quarter of 2018 (triggered by a slowdown in domestic demands and a contraction in construction related investments), Ireland’s small, modern economy is still one of the strongest in Europe.
- Norway - $74,065 GDP per capita. Norway boasts one of the highest standards of living of any European country, and a similarly prosperous economy. Its developed, mixed economic structure is heavily dependent on natural resources, and it remains one of the world’s leading petroleum exporters, despite oil production showing a 50% decline since 2000.
- Switzerland - $63,380 GDP per capita. As one of the world’s biggest free market economies, Switzerland has seen healthy growth in the last few years. Most of this is down to a highly developed service sector, which includes one of the world’s most significant banking industries and a very robust tourism trade.
Below is a table of sovereign states in Europe by GDP (PPP) per capita in international dollars. [2] Countries are ranked by their estimated 2023 figures. Note: transcontinental countries that are partly (but not entirely) located in Europe are also shown in the table, but the values shown are for the entire country.
Country2023143,304137,63889,53784,135- Luxembourg. GDP per Capita: $132,372. One of the smallest countries in the world, Luxembourg is economically powerful and holds the distinction of being the richest country in Europe by GDP per capita.
- Ireland. GDP per Capita: $114,581. Ireland, known as the “Emerald Isle” for its lush greenery and rolling hills, is the second-richest country in Europe according to GDP per capita.
- Norway. GDP per Capita: $101,103. Norway, with its stunning fjords and rich natural resources, has a GDP per capita of just over $100,000. The cornerstone of Norway’s wealth is its substantial oil and gas reserves, making it one of the world’s largest petroleum exporters.
- Switzerland. GDP per Capita: $98,767. The fourth-richest country in Europe by GDP per capita is Switzerland, renowned for its neutrality and high standard of living.
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 .
GDP in million euros (at current prices) Germany United Kingdom* France Italy Spain Netherlands Turkey Switzerland Poland Sweden Norway Belgium Ireland Austria Denmark Romania Czechia Finland...
Contents. hide. (Top) List of sovereign states in Europe by GDP (nominal) per capita 2021. Table of non-sovereign states in Europe by GDP per capita. Map of sovereign states in Europe by projected 2023 GDP nominal per capita based on USD exchange rate. Map of sovereign states in Europe by 2000 GDP nominal per capita based on USD exchange rate.
