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The euro is the second largest reserve currency and the second most traded currency in the world after the United States dollar. [32] [33] [34] The euro is used by 20 of its 27 members, overall, it is the official currency in 26 countries, in the eurozone and in six other European countries, officially or de facto.
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.
Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. The euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar.
The troubles facing the German economy are captured by the crisis at the country’s largest manufacturer, which could close factories in its home country for the first time in its 87-year history ...
The European Union has the second largest economy in the world, behind that of the United States. [45] Trade within the Union accounts for more than one-third of the world total. The European Union or EU is a supranational union of 27 European states, the most recent acceding member being Croatia, which became full member on 1 July 2013.
Largest economies in the world by GDP (nominal) in 2024 according to International Monetary Fund estimates [n 1] [1] *The EU is an economic union, separate member of the WTO and includes Germany, France and Italy on this chart.
The euro is the second-largest currency held in reserves, making up around 20% to 25% of global reserves. The share of the euro fluctuates based on factors like the European Union's economic stability and the policies of the European Central Bank.
Mexico has 130 million people living within its borders and a lot of natural resources, which gives the country the title of the 14th largest economy in the world, not to mention Latin America’s ...