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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.
It is the second largest economy in the world in nominal terms, after the United States, and the third largest at purchasing power parity (PPP), after China and the US. The European Union's GDP is estimated to be $19.40 trillion (nominal) in 2024 [7] or $28.04 trillion (PPP), representing around one-sixth of the global economy. [28]
The US government does not impose restrictions on state budget policies, whereas the Treaty of Maastricht requires each eurozone member country to keep its budget deficit below 3% of its GDP. [ 81 ] In 2008, a study by Alberto Alesina and Vincenzo Galasso found that the adoption of euro promoted market deregulation and market liberalization .
The key macroeconomic data in the eurozone countries are: General government net debt / Percent of GDP; General government net lending/borrowing / Percent of GDP; inflation rate; gross domestic product (real GDP); unemployment.
Date/Time Thumbnail Dimensions User Comment; current: 10:17, 4 November 2024: 5,834 × 3,021 (731 KB): Alcame011: I updated the country-colours according to the new imf data in the table
Germany, the eurozone's biggest economy is set for a second consecutive year of shrinking output this year at minus 0.1% percent, with a moderate rebound next year at 0.7%. Show comments Advertisement
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
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.