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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.
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.
The GDP per capita (PPP) was $60,688 in 2023, [7] compared to $82,715 in the United States, $51,399 in Japan and $24,503 in China. [37] There are significant disparities in GDP per capita (PPP) between member states ranging from $151,146 in Luxembourg to $39,185 in Bulgaria. [38]
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.
This is a list of countries by nominal GDP per capita. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita.
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.
This is a list of European nations sorted by their gross domestic product (GDP), the value of all final goods and services produced within a nation in a given year. The GDP dollar estimates presented here are derived from purchasing power parity (PPP) calculations for the latest years recorded in The World Factbook .