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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.
Nominal GDP (in US$) per capita by country Country Rank IMF [5] 2024 Rank WB [6] 2019 Change Albania 84: 9,598: 94: 5,353 10.5 Armenia ㅤㅤㅤ ㅤㅤㅤㅤ 86 8,518 41 4,670 9.5
List of European Union regions and territories by GDP in 2022 [1] Region (NUTS2) Country Nominal GDP million EUR (2023) GDP in Purchasing Power Standard Population in millions [2] million EUR (2021) per capita in EUR (2022) per capita as % of EU average (2023) Burgenland Austria: 10,993: 8,326: 31,000: 84: 0.293 Lower Austria: 73,205: 57,009 ...
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.
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.
This is similar to nominal GDP per capita but adjusted for the cost of living in each country. In 2023, the estimated average GDP per capita (PPP) of all of the countries was Int$22,452. [a] For rankings regarding wealth, see list of countries by wealth per adult.
Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the ...
GDP comparisons using PPP are arguably more useful than those using nominal GDP when assessing the domestic market of a state because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates, which may distort the real differences in per capita ...