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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.
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 .
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] In 2023, Germany, France and Italy were the three largest economies in the
[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.
GDP (PPP) means gross domestic product based on purchasing power parity. This article includes a list of countries by their forecast estimated GDP (PPP). [2] Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates.
Based on the results, the World Bank announced that in 2021 Russia was the world's 4th largest economy (int$5.7 trillion and 3.8 percent of the world) and the largest economy in Europe and Central Asia when measured in PPP terms (15 percent of the regional total), followed by Germany (13 percent of the regional economy).
Blank map: File:World map (Miller cylindrical projection, blank).svg; Data from IMF: World Economic Outlook Database, April 2023. IMF.org. International Monetary Fund (11 April 2023). Retrieved on 14 April 2023. and WEO Database, April 2023. Report for Selected Countries and Subjects: World, EU. IMF.org. International Monetary Fund (11 April 2023).
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. San Marino is Europe's smallest economy, and is also the third weakest growing economy in Europe. United Kingdom is the largest non-eurozone economy in Europe.