July 23, 2020. Chart. According to the study, this mainly applied to countries that were governed semi So, what are the top 10 richest countries in Europe? Some information is indicative and estimated because of lack of official or up-to-date data. The United Nations has calculated that on this very day the number of people on the, 8 billion people on November 15, 2022. Accessed November 09, 2022. https://www.statista.com/statistics/923781/european-cities-by-gdp/, Eurostat. In the majority of German cities, the GDP and per capita income are high. However, because of the fact that there are only 38,000 people and most of them are rich tax evaders (due to great tax rules), Monaco takes first place. The median wage is the amount that divides the population into two equal groups: half the employees in a country earn above the median, and the other half below. But how has the worlds GDP evolved since 1960? Its GDP per capita is $181,000. The table has current values for GDP, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical data charts. Top 15 Countries by GDP in 2022United States: $20.89 trillionChina: $14.72 trillionJapan: $5.06 trillionGermany: $3.85 trillionUnited Kingdom: $2.67 trillionIndia: $2.66 trillionFrance: $2.63 trillionItaly: $1.89 trillionCanada: $1.64 trillionSouth Korea: $1.63 trillionMore items For the articles and videos I use different databases, such as Eurostat, OECD World Bank Open Data, Data Gov and others. GDP (US$ million) by country Country/Territory UN Region IMF World Bank United Nations; Estimate Year Estimate Year Estimate Year World 103,496,115: 2022: 96,100,091: 2021: PPP largely removes the exchange rate problem but not others; it does not reflect the value of economic output in international trade, and it also This is a list of estimates of the Real gross domestic product Economic growth in Europe countries for the latest years recorded in the CIA World Factbook. GDP per capita is a country's gross domestic product divided by the country's total population. how to improve regression model The number one in the GDP rankings has GDP per capita of only $10,000. List of European countries by GDP PPP. These investments in empty corporate shells almost always pass through well-known tax havens. Frankfurt in Germany is the second richest city after Dublin with an income of $102,941 per capita. A figure that puts the European state in first position with a gap over the second, Norway, of almost 17,000 dollars. The ideal entry-level account for individual users. Historical data can be found here. All the countries in the top five are in Europe (not all in the European Union). This is map and list of European countries by Gross national income per capita for year 2020 from World Bank. If you have any questions, dont hesitate to write to me! Below is a list of the top 10 richest countries in Europe from 2021 to 2022 by GDP per capita as of today. It is therefore possible not only to make a historical comparison, from the 1980s onwards, but also to analyse the latest data. There is one theme, however. Eurostat. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook Direct access to our data from your apps using any programing language. You can change your cookie settings at any time. View original page. I used several sources to make this article and video. A map of the world, with colours to highlight the GDP per capita of each country. Use Ask Statista Research Service, Inflation rate of the EU-27 in September 2022, by country, Unemployment rate in the EU 2022, by country. According to World Bank estimates, GDP in 1960 was 11.32 trillion. Australia 5 Year Note Yield at 3.52 percent, Australia 2 Year Note Yield at 3.26 percent, United States 7 Year Note Yield at 4.17 percent, United States 52 Week Bill Yield at 4.71 percent, United States 5 Year Note Yield at 4.24 percent, Bovespa Sinks Following Bad Earnings from Bradesco, Mexbol Turns Downward After Inflation Report, Canada TSX Declines with Commodities, CPI Uncertainty, Poland Holds Interest Rate Steady for 2nd Meeting. It is incredibly high, especially if we take into account the fact that Monaco itself is not the richest This is a map and list of European countries by GDP per capita at Purchasing power parity. Download historical data for 20 million indicators using your browser. Out of these three, the best GDP per capita belongs to Americans. Countries listed by Gross Domestic Product, Countries or territories by GDP (nominal), List of countries by GDP (PPP) per capita, Saint Helena, Ascension and Tristan da Cunha, Corporate haven GDP-per-capita tax haven proxy, Number of broadband Internet subscriptions, Creative Commons Attribution-ShareAlike License. Call us : (608) 921-2986 . This is a list and map of Europe states by GDP per capita. Chinas population in 2020 is 1,445,000,000 (approximately). These are just some of the bands that have made music and rock history. "}.mw-parser-output .srn-white-background{background:#fff}.mw-parser-output .static-row-numbers tr:hover{background:#eaf3ff}. Manipulation of data. But which festivals, Climate change is affecting the entire planet. An IMF investigation estimates that about 40% of global FDI flows, which heavily influence the GDP of various jurisdictions, are described as phantom transactions. Therefore, these figures should be used with caution. https://www.bankofengland.co.uk/statistics/research-datasets, Top 10 States in America Most Interested in Bitcoin and Ethereum. Luxembourg Switzerland Ireland Norway United States of America (USA) Denmark Singapore Iceland Netherlands Sweden 0 20,000 40,000 60,000 80,000 100,000 120,000. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP. An effect that also cannot be explained by different economic structures, sector composition or other factors. Which country has highest GDP in 2020?United States. GDP Nominal: $20.81 trillion. China. GDP Nominal: $14.86 trillion. Japan. GDP Nominal: $4.91 trillion. Germany. GDP Nominal: $3.78 trillion. United Kingdom. GDP Nominal: $2.64 trillion. India. France. Italy. This is a list and map of Europe states by GDP per capita. Despite the efforts of the greatest correspondence with the reality, there is no guarantee, that all the data is true. List of European Countries by GDP 2022: 1. These data have seen the strong impact of Covid-19, which is estimated to have decreased world GDP by 3 trillions. Update now. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. The citys economy is influenced by industries, information technology, the service sector, investments, local and international commerce, and transportation.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[580,400],'worldlistmania_com-medrectangle-3','ezslot_1',111,'0','0'])};__ez_fad_position('div-gpt-ad-worldlistmania_com-medrectangle-3-0'); London and Paris are the major and richest cities in Europe with a GDP of US$835 billion and US$822 billion respectively.Dublinis the wealthiest city, with a per capita income of $115,094.Frankfurtin Germany is the second richest city after Dublin with an income of $102,941 per capita. List of European countries by GDP (nominal) per capita. For the correct comparison, values The figures presented do not take into account differences in the cost of living in different countries, and the results vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency.Such fluctuations change a country's ranking from one year to the next, even though they often make Home datas Countries by GDP per Capita | 1980/2020. Incorrect growth statistics can also falsify indicators such as GDP or GDP per capita. Advanced users can use our Python/R/Matlab packages. Most of us are interested to see the GDP per capita for the richest countries in the world, namely China, the United States, and India. GDP per capita (Nominal) Country/Economy GDP per capita ($) % of Rank; 2018 2019 Change Europe World Europe World; Albania: 133.5: 20.4: 46.9: 40: 102: Armenia: 340.0: 17.2: 39.5: 42: "Leading European cities by gross domestic product in 2017/18 (in billion euros)." API users can feed a custom application. Bordered by 4 countries and lapped by the Adriatic Sea, Slovenia is the 2nd wealthiest Slavic country per capita (the Czech Republic just pips it the post at number 1 spot). According to the same data collected in 2019, India has only $2,000, which is one of the lowest values around the globe. An example of data being processed may be a unique identifier stored in a cookie. There is one theme, however. To use individual functions (e.g., mark statistics as favourites, set Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal, Show sources information An IMF investigation estimates that about 40% of global FDI flows, which heavily influence the GDP of various jurisdictions, are described as phantom transactions. The first nation in the world by GDP per capita is Luxembourg. Directly accessible data for 170 industries from 50 countries By the early 1970s global GDP had doubled to 22.435 trillion by 1973. Note that several leading GDP-per-capita (nominal) jurisdictions may be considered tax havens, and their GDP data subject to material distortion by tax planning activities. The page provides access to the GDP per capita forecast for different countries for the 2020-2024 time period from the latest IMF's World Economic Outlook (WEO). (See List of countries by GDP (PPP) per capita.) Examples include Bermuda, the Cayman Islands, and Luxembourg. Every country in the Eurozone uses the Euro as its official currency. For data from 1960 to 2020 on GDP per capita I used the world bank database. Which are the countries in the world with the highest GDP? Since the start, California dominates as the #1 state in America most interested in Bitcoin and Ethereum, based on a new study by CoinGecko, the worlds largest independent. Direct access to our data from your apps using any programing language. In this way, we can loosely see where people have a potential to earn the most and have the biggest wealth. Countries in green have more than $32,000, yellow $18,000-$32,000 and red below $18,000 GDP per capita. According to the study, this mainly applied to countries that were governed semi-authoritarian/authoritarian or did not have a functioning separation of powers. GDP per capita is often considered an indicator of a country's standard of living; however, this is inaccurate because GDP per capita is not a measure of personal income. According to data collected in 2018 by World Bank Data, the GDP per capita was almost 186,000. This page was last updated at 2022-11-08 01:13 UTC. Then you can access your favorite statistics via the star in the header. API users can feed a custom application. Bermuda closes the podium with the value of $117,000, which is still incredibly high. Further discussion on this topic can be found in the List of countries by GDP (PPP) per capita article. (July 23, 2020). Authoritarian states had consistently higher reported growth in GDP than their growth in night lights would suggest. This is a list and map of European states by GDP per capita. Are you interested in testing our corporate solutions? To see the video: Top 15 Countries by GDP per Capita 1970/2020: https://youtu.be/w6ZQwDUnedw, If you like it and want to support the channel donate a coffee to the Statistics and Data project:https://ko-fi.com/statisticsanddata, Read more articles:https://statisticsanddata.org/To follow the channel subscribe:https://youtube.com/c/statisticsanddata, 8 billion people on November 15 (world population 2022). The 2020 GDP (constant 2010 US$) is estimated by the world bank to be 81.913 trillion. We have seen which are the first nations in the world by GDP per capita from 1980 to 20200. All information comes from data.worldbank.org, wikipedia.org, cia.gov, imf.org and government websites. Numbers on the legend are US$. Non-sovereign entities (the world, continents, and some dependent territories) and states with limited international recognition (such as Kosovo, Palestine, and Taiwan) are included in the list in cases in which they appear in the sources. Currently, you are using a shared account. New, Insights into the worlds most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development. If on a global level we have seen that there has been a generalised growth, what have been the changes in GDP in the top 3 nations with the most inhabitants today? We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. its beautiful lanscapes and mountain ranges drive tourists to the cities and is a significant source of revenue for cities. These economies are not ranked in the charts here, but are listed in sequence by GDP for comparison. Europe is a continent with various economically and technologically developed cities. Top 10 countries by GDP per capita. The UAE had a value of USD 116.223 per capita. Corporate solution including all features. 2015 Irish GDP is 143% of 2015 Irish GNI*. The median is more representative of what a random chosen employee might earn than the mean value, which may be skewed It is incredibly high, especially if we take into account the fact that Monaco itself is not the richest country around. IMF updates its economic forecast twice a year: in April and October. This is map and list of European countries by Gross national income per capita for year 2020 from World Bank. Germany ($4.25 trillion), 2. The same phenomenon was only seen globally in 2009 during the US financial crisis. Many of the leading GDP-per-capita (nominal) jurisdictions are tax havens whose economic data is artificially inflated by tax-driven corporate accounting entries. Standard users can export data in a easy to use web interface or using an excel add-in. 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. In todays article we will try to answer this question by first showing the data for the 15 nations in the world, with at least 1 million inhabitants, with the highest GDP per capita and then the absolute data per nation. But what is certainly striking is the figure for China and India. The table initially ranks each country or territory with their latest available estimates, and can be reranked by either of the sources, * Nearly all country links in the table take to articles titled "Income in country or territory" or to "Economy of country or territory"..mw-parser-output table.static-row-numbers{counter-reset:rowNumber}body.skin-minerva .mw-parser-output .static-row-numbers2.sortable{counter-reset:rowNumber -1}body.skin-minerva .mw-parser-output .static-row-numbers2.sortable.static-row-header-two{counter-reset:rowNumber -2}.mw-parser-output table.static-row-numbers tr::before{display:table-cell;padding-right:0.5em;text-align:right}.mw-parser-output table.static-row-numbers tr::before{content:""}.mw-parser-output .static-row-numbers-skip{counter-increment:rowNumber}.mw-parser-output table.static-row-numbers.sortable tbody tr:not(.static-row-header):not(.static-row-numbers-norank)::before,.mw-parser-output table.static-row-numbers:not(.sortable) tbody tr:not(:first-child):not(.static-row-header):not(.static-row-numbers-norank)::before{counter-increment:rowNumber;content:counter(rowNumber);padding-right:0.5em;padding-left:0.5em;vertical-align:inherit}.mw-parser-output .static-row-header-text thead tr::before{content:"No. Bovespa Sinks Following Bad Earnings from Bradesco, Mexbol Turns Downward After Inflation Report, Canada TSX Declines with Commodities, CPI Uncertainty, Poland Holds Interest Rate Steady for 2nd Meeting. Chinas GDP per capita in 2020 is $8405. and over 1Mio. This is a list of Europe sorted by their In fact, Luxembourg has a GDP per capita of $107.458 in 2020. Top 10 Richest Countries in Europe 2022. Profit from the additional features of your individual account. Slovenia $36,566 GDP per capita. The UAE had a value of USD 116.223 per capita. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page. Manage Settings If you are an admin, please authenticate by logging in again. You only have access to basic statistics. We have a plan for your needs. But how many, The first commercial flight in history has a precise date. We use cookies to personalise content and ads. India, too, has grown, albeit much less strongly than China. To be clear, the GDP per capita for a Chinese inhabitant in 1990 was $729. The city of London in the United Kingdom had an estimated gross domestic product of 801 billion Euros in 2017/18, the most of any European city. Download historical data for 20 million indicators using your browser. A peer-reviewed study published in the Journal of Political Economy in October 2022 found signs of manipulation of economic growth statistics in the majority of countries. According to the World Banks latest estimates, published between May and June, global growth in 2021 is expected to be +5.6% with a strong rebound from 2020. To conclude the analysis on GDP, I looked at GDP per capita data for England. Dublin is the wealthiest city, with a per capita income of $115,094. Statista. The drop from 2019 to 2020 was over $2,000. Since 2008, the GDP of European cities has increased. Mail us : celulasenalianza@gmail.com . White label accounts can distribute our data. Which are the first nations in the world by GDP per capita, constant 2010 US in 2020. Countries by GDP per Capita | 1980/2020. Continue with Recommended Cookies. Please do not hesitate to contact me. ", Eurostat, Leading European cities by gross domestic product in 2017/18 (in billion euros) Statista, https://www.statista.com/statistics/923781/european-cities-by-gdp/ (last visited November 09, 2022), Leading European cities by gross domestic product in 2017/18, GDP annual growth rate in the EU 2013-2023, Gross domestic product (GDP) of Europe's largest economies 1980-2027, Leading European cities by GDP in 2017/18, Share of the EU in the global gross domestic product adjusted for purchasing power, Employment rate in the European Union 2005-2022, Number of employees in the European Union 2005-2022, Number of employees in the European Union 2022, by sector, Unemployment rate of the European Union 2000-2022, Unemployment rate of the largest economies in Europe 1980-2022, Number of self-employed people in the EU 2011-2020, Average annual wages in 26 countries in Europe 2021, Inflation rate of the European Union 1997-2022, Inflation rate of average consumer prices in largest economies in Europe 1980-2022, Inflation rate of the European Union 2002-2022, by category, Inflation rate of the European Union in 2022, by sector, Largest European companies based on revenue 2021, Largest European companies based on number of employees 2020, Number of businesses in the European Union 2008-2022, Number of businesses in the European Union in 2022, by country, Number of SMEs in the European Union 2008-2022, by size, Value added by SMEs in the European Union 2008-2022, by size, Number of people employed by SMEs in the European Union 2008-2022, by size, Corporate income tax rates in Europe in 2021, Korean Free Economic Zones in South Korea 2017, by region, Christmas spending growth in the United Kingdom (UK) 2013, by region, CAGR by product type in pharmaceutical markets forecast 2022-2026, Regions with the highest GRP per capita in Russia 2020, GDP value of the biggest counties in Romania 2019, Regions with the lowest GRP per capita in Russia 2020, Most profitable counties in Romania 2018, by revenue, U.S. Economic Freedom Index score 2003-2019, Provincial breakdown of economic freedom in Canada 2019, GDP for health and social work in Kuwait 2014-2019, Exports from the United Kingdom (UK) and Germany to the European Union 1999 and 2015, GDP for wholesale and retail trade in Kuwait 2014-2019, Expectations for the economy in the forthcoming year in the United States 2014, Share of Americans concerned over problems with China 2018, by type of problem, GDP for transport, storage and communication in Kuwait 2014-2019, GDP for community, social and personal services in Kuwait 2011-2019, Leading European cities by gross domestic product in 2017/18 (in billion euros), Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre.
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