European Country With Highest Gdp Per Capita

44 rows Below is a table of sovereign states in Europe by GDP PPP per capita in. This is a list of countries of the world sorted by their gross domestic product GDP per capitaGDP per capita is a measurement used to determine economic growth and potential increases in productivity and is calculated by taking the GDP and dividing it by the total population in the country.

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Luxembourg has by far the highest GDP per capita among all the 37 countries included in this comparison being more than two and a half times above the EU-27 average.

European country with highest gdp per capita. Twelve economies have per capita income above 50000. Comparisons of national income are also frequently made on the basis of purchasing power parity PPP to adjust for differences in the cost of living in different countries. Luxembourg would remain at the top spot of nominal ranking for the next few years as it is ahead of 2nd ranked occupier Ireland by a huge margin of 35445.

As of 2021 Luxembourg would remain at the top spot in gdp per capita ranking in nominal and PPP terms. View More Economy Statistics. This is a sortable list of all European countries by their gross domestic product in US dollars at market or official government exchange rates nominal GDP according to the International Monetary FundThe economic and political map of Europe also includes.

Which is richest country in Europe. In 2019 Luxembourg recorded the highest level of GDP per capita in the EU followed by Ireland. 44 rows Map of the European countries by GDP nominal per capita in 2021.

However this is problematic because GDP per capita is not a measure of personal income. In the ppp per capita Luxembourg is ahead of 2nd ranked occupier. As of 2019 the estimated average GDP per capita PPP of all of the countries.

GDP per capita is often considered an indicator of a countrys standard of living. Luxembourg is the wealthiest country in the European Union per capita and its citizens enjoy a high standard of living. In World Bank data Monaco and Liechtenstein have better per capita gdp than Luxembourg.

With a Gross Domestic Product of over 34 trillion Euros the German economy was by far the largest in Europe in 2019. List of nominal GDP for European countries in billion USD. This article is a list of the countries of the world by gross domestic product at purchasing power parity per capita ie the purchasing power parity PPP value of all final goods and services produced within a country in a given year divided by the average or mid-year population for the same year.

With above one lakh USD Luxembourg has the highest GDP nominal per capita globally in 2020 which is ten times the world GDP per capita and over 400 times of lowest-ranked South Sudan of US264. Which European country has the highest per capita income. The per capita income of 110697 makes Luxembourg the richest nation in all over Europe in terms of per capita income.

All of these nations have a staggering economy and its citizens enjoy a very high standard of living. These are the ten countries of Europe with richest population living among them. The similar sized economies of the United Kingdom and France were the second.

49 rows GDP per capita Nominal CountryEconomy GDP per capita. Turkey Georgia Armenia Azerbaijan and Kosovo. This is partly explained by the fact that a large number of foreign residents are employed in the country and thus contribute to its GDP while they are not included in the resident population.

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