| 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 the 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.
What is the poorest country in Europe?
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.
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).
Is Europe Poor or rich?
The EU as a whole is the second wealthiest and second largest economy in the world, below the US by about $5 trillion.
Which country is powerful in Europe?
This section’s factual accuracy may be compromised due to out-of-date information.
| Rank | Country | GDP (Millions of US$) |
|---|---|---|
| 2 | United Kingdom | 2,771,000 |
| 3 | France | 2,716,000 |
| 4 | Italy | 2,050,000 |
| 5 | Russia | 1,520,000 |
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?
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| Rank | Country | GDP-PPP ($) |
|---|---|---|
| 1 | Qatar | 132,886 |
| 2 | Macao SAR | 114,363 |
| 3 | Luxembourg | 108,951 |
| 4 | Singapore | 103,181 |
Which country is most developed in world?
Human Development Index (HDI)
| Rank | Country/territory | HDI |
|---|---|---|
| 2018 data (2019 report) rankings | 2018 data (2019 report) rankings | |
| 1 | Norway | 0.954 |
| 2 | Switzerland | 0.946 |
| 3 | Ireland | 0.942 |
Which country is financially strongest?
Top 10 largest economies in the world
- United States. In 2019, the nominal GDP of the US is expected to exceed USD 21 trillion. …
- China. The Chinese economy has witnessed an astonishing growth over the last few decades. …
- Japan. …
- Germany. …
- United Kingdom. …
- India. …
- France. …
- Brazil.
What are the top 10 richest countries in Europe?
2014-10 Richest countries in Europe
| 1 | Luxembourg | 90,790 |
|---|---|---|
| 2 | Norway | 65,461 |
| 3 | Switzerland | 53,672 |
| 4 | Austria | 44,149 |
| 5 | Sweden | 43,533 |
What is the richest Balkan country?
Albania is not far behind Bosnia, with a GDP that is 30 per cent of the EU average, while Serbia and Macedonia are both on 35 per cent and Montenegro is on 42 per cent. Croatia, which is going to become an EU member state on July 1, is the richest country in the region.
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% |
Is US or EU bigger?
Europe is larger in land area than the United States. Although the United States and Europe are relatively similar in size, Europe is bigger than the United States. … Therefore, Europe has a bigger land area (3,910,680 sq miles) than the U.S. (3,531,905 sq miles).
Is Nigeria richer than India?
Nigeria, one of Africa’s two wealthiest economies, has overtaken India as home to the world’s greatest concentration of extreme poverty, amid warnings that the continent will host nine out of 10 of the world’s poorest people within 12 years.