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The EU has a long-term budget, named Multiannual Financial Framework (MFF), of €1,082.5 billion for the period 2014–2020, representing 1.02% of the EU-28's GNI. [51]The overall budget for the period 2021-2027 is of €1.8 trillion combining the MFF of €1,074.3 billion with an extraordinary recovery fund of €750 billion, known as Next Generation EU, to support member states hit by the ...
This is a list and map of European states by GDP per capita.. The figures presented do not take into account differences in the cost of living in different countries, and the results vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency.
Below is a table of sovereign states in Europe by GDP (PPP) per capita in international dollars. [2] Countries are ranked by their estimated 2024 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.
Latvia is the fastest growing economy in both the eurozone and the European Union. Luxembourg is home to the highest GDP (nominal) per capita in both the European Union and eurozone. Malta is the smallest economy in the eurozone as well as the European Union, and is the fastest growing European economy in the Commonwealth of Nations.
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country.
Below is a map of European countries by gross national income per capita. [36] High income in blue ($12,616 or more, as defined by the World Bank ), upper middle income in green ($4,086 – $12,615) and lower middle income ($1,036 – $4,085) in yellow.
Eurostat calculates the GDP based on the information provided by national statistics institutes affiliated to Eurostat. The list presents statistics for 2022 from Eurostat, as of 20 February 2024. The figures are in millions of nominal euros, purchasing power standards and purchasing power standard per capita.
For change of GDP per capita over time as a measure of economic growth, see real GDP growth and real GDP per capita growth. Non-sovereign entities (the world, continents, and some dependent territories) and states with limited international recognition are included in the list in cases in which they appear in the sources. These economies are ...