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The 2024 edition of the Fortune Best Cities in Europe for Business highlights the top 50 hubs excelling in key metrics, including quality of life, economic vitality, and attractiveness to business.
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.
The gross domestic product of India was estimated at 24.4% of the world's economy in 1500, 22.4% in 1600, 16% in 1820, and 12.1% in 1870. India's share of global GDP declined to less than 2% of global GDP by the time of its independence in 1947, and only rose gradually after the liberalization of its economy beginning in the 1990s.
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
On the surface, Russia’s economy looks OK, with the International Monetary Fund forecasting 3.2% GDP growth this year. That’s better than the 2.7% GDP growth forecast for the United States.
War severely hampered economic growth, with only Slovenia making any real progress in the 1990s. The European economy was affected by the September 11 Attacks in the United States in 2001, with Germany, Switzerland, France, and the United Kingdom being the worst hit. But, in 2002/2003, the economy began to recover from the attacks in US.
At companies on the 2023 Fortune 100 Best Companies to Work For® list, 78% of employees say promotions are fair, compared to just 37% of employees who said the same at a typical workplace in Europe.
Moldova is the fastest growing economy in Europe, but is also one of Europe's poorest countries, with the lowest GDP (nominal) per capita of any European state. Monaco has the highest GDP (nominal) per capita of any European state. Russia is the largest transcontinental European economy and will remain so until at least 2030.