| Rank | Country | GDP (Millions of US$) |
|---|---|---|
| 1 | Germany | 3,930,000 |
| 2 | United Kingdom | 2,771,000 |
| 3 | France | 2,716,000 |
| 4 | Italy | 2,050,000 |
Which is richest country in Europe?
Luxembourg is the wealthiest country in the European Union, per capita, and its citizens enjoy a high standard of living. Luxembourg is a major center for large private banking, and its finance sector is the biggest contributor to its economy.
What are the top 5 economies in Europe?
From 1980 until 2021, Europe’s five largest economies have consistently been France, Germany, Italy, Spain and the United Kingdom. Throughout this time period Germany has always had the largest economy in Europe, while either France or the UK has had the second largest economy depending on the year.
Which country has the strongest economy?
Per the United Nations (2019)
| Rank | Country/Territory | GDP (US$million) |
|---|---|---|
| World | 83,844,988 | |
| 1 | United States | 20,807,269 |
| 2 | China | 14,860,775 |
| 3 | Japan | 4,910,580 |
Who is richer US or Europe?
In what sense is the US richer? Average gross domestic product (GDP) in the US is about 40% higher than average GDP of the EU-15 when measured at purchasing power parity (PPP). The gap is slightly greater if we consider either the twelve Eurozone members (EU-12) or add the accession states (EU-25).
What is the poorest European country?
Moldova is the poorest country in Europe, with a GDP per capita of $2,289. Part of the USSR, Moldova faced political instability, economic decline, trade obstacles, and other hardships following the Soviet Union’s collapse in 1991.
Which is the most advanced country in Europe?
Advertisement
| Ranking | Country | Composite Score |
|---|---|---|
| 1 | Norway | 3.682965 |
| 2 | Sweden | 3.681769 |
| 3 | Netherlands | 3.677732 |
| 4 | Denmark | 3.666274 |
Which country is No 1 in world?
For the fourth year in a row, Switzerland is considered the No. 1 Best Country.
Who is richest country in the world?
Advertisement
| Rank | Country | GDP-PPP ($) |
|---|---|---|
| 1 | Qatar | 132,886 |
| 2 | Macao SAR | 114,363 |
| 3 | Luxembourg | 108,951 |
| 4 | Singapore | 103,181 |
What’s the fastest growing economy in Europe?
The European Union’s fastest growing economy in 2019 was Ireland, with the country’s Gross Domestic Product growing by 5.5 percent that year. This was followed by Hungary at 4.9 percent and Malta at 4.4 percent.
What is the best country for living?
- Norway. The United Nations listed Norway as the best country to live in primarily because all of the factors the researchers took into consideration were good marks on behalf of Norway. …
- Switzerland. The health of people who live in Switzerland is outrageously impressive. …
- Australia. …
- Ireland. …
- Germany. …
- Iceland. …
- Sweden. …
- Hong Kong.
What country has the best quality of life?
Quality of Life Index by Country 2021
| Rank | Country | Quality of Life Index |
|---|---|---|
| 1 | Switzerland | 190.82 |
| 2 | Denmark | 190.01 |
| 3 | Netherlands | 183.31 |
| 4 | Finland | 182.79 |
Which country is the most capitalist?
Capitalist Countries 2021
| Rank | Country | Economic Freedom Score |
|---|---|---|
| 1 | Hong Kong | 8.94 |
| 2 | Singapore | 8.65 |
| 3 | New Zealand | 8.53 |
| 4 | Switzerland | 8.43 |
What is the poorest country?
Advertisement
| Rank | Country | GDP-PPP ($) |
|---|---|---|
| 1 | Burundi | 727 |
| 2 | Central African Republic | 823 |
| 3 | Democratic Republic of the Congo | 849 |
| 4 | Eritrea | 1,060 |
Is EU or US economy bigger?
It is the second largest economy in the world in nominal terms, after the United States, and the third one in purchasing power parity (PPP) terms, after China and the United States. The European Union’s GDP was estimated to be around $15 trillion (nominal) in 2020, representing around 1/6 of the global economy.
Is China richer than USA?
National wealth can fluctuate, as evidenced in the United States data following the 2008 financial crisis and subsequent economic recovery.
…
List of countries and geographic regions by total wealth (2019)
| Rank | 2 |
|---|---|
| Country/geographic region | China |
| Total wealth (billions USD) | 63,827 |
| Share of total | 17.7% |