Gdp per capita europe 2023 Malta has a quarterly GDP per capita, of €9,750 $9,750, €341 $341 higher than the same quarter last year, it was . The GDP per Capita, in European Union, when adjusted by Purchasing Power Country GDP per capita growth (annual %) Year Afghanistan-8. 6 1960 - 2023 GDP per capita growth (annual %) GDP per capita, PPP (current international $) GDP per capita (current LCU) GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. In 2023, Luxembourg was the country with the highest gross domestic product per capita in the world. xlsx]] Gross domestic product (GDP) per capita is a measure of economic production, which takes the entire output of a national economy during a year and divides it by the population of that country. The EU has, in fact, come closer to the US in terms of GDP per capita, from 67 percent in 1995 (the first year for which EU27 data is available) to 72 percent in 2022 (Figure 2, Panel A). 4: 2023 Armenia 8. A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. But then some events took place and now we end up with Romania being richer than Russia 1960 - 2023 GDP per capita GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. 4. Free and open access to global development data. Income Per Capita (2023, Indexed 0-100) Asset Wealth Per Capita (2023, Indexed 0-100 1990 - 2023 GDP per capita growth (annual %) GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. 6 U. GDP per capita, current U. Final demand 172 7. The highest value was in Luxembourg: 128259. 68 U. Bulgaria was the EU Member State with the lowest GDP This article presents the new flash estimates of purchasing power parities and gross domestic product (GDP) per capita in the European Union (EU) for the year 2023. 1% higher. 54 2 Lombardy: 38,500 133. GDP per capita, PPP (current international $) GDP per capita (current LCU) GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. It also presents the price level indices of the 27 EU countries, as well as of the 3 EFTA countries (Iceland, On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. GDP Full Year GDP Growth GDP GDP Annual Growth Rate GDP Constant Prices GDP Growth Rate. $) 2023 2024 Net change % world 2023 2024 Net change % world; Asia: 8,243: 8,489: 246: 61: 18,895: The GDP per capita of Croatia in 2023 was €19,800 $21,521, €2,540 $2,834 higher than in 2022, it was €17,260 $18,687. GDP per capita is gross domestic product divided by midyear population. 04 trillion (PPP), representing around one-sixth of the global economy. The GDP per capita (PPP) was $60,688 in 2023, [7] compared to $82,715 in the United States, $51,399 in Japan and $24,503 Here in this article, we have compiled and presented a list of 20 richest countries in Europe 2023-2024 as per their gross domestic product per capita (GDP per capita). 22 3 Emilia-Romagna: 35,800 123. If we order the countries according to their GDP per capita, Malta is in 20th position of the 54 countries whose quarterly GDP we publish. The economy of the country is a developed social market Countries Date GDP per capita GDP per capita GDP P. 2% decline from 2021. dollars, 2023: The average for 2023 based on 42 countries was 38039. gdp per capita for 2023 was $81,695, a 5. Most Recent Year. European Union gdp for 2022 was $16,761. Most Recent Value. GDP per capita, PPP (current international $) - Europe & Central Asia from The World Bank: Data. Markets Commodity The indicator is calculated as the ratio of real GDP to the average population of a specific year. 2000 - 2023 GDP per capita growth (annual %) GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. [[File:Purchasing power parities and GDP per capita - flash estimate2023 26-03-2024. Read more about us This GDP per capita indicator provides information on economic growth and income levels from 1990. AIC includes all goods and services that households use, irrespective of whether they were purchased and paid for by households directly, by government, or by nonprofit organizations. 88 4 Aosta Valley: 35,700 123. All Countries and Economies. Annual Growth; United States [+] 2023: €76,476 1987 - 2023 GDP per capita growth (annual %) GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. 1960 - 2023 GDP per capita GDP per capita, PPP [[File:GDP per capita consumption per capita and price level indices 17-12-2024 . 36 U. Selected The EU has, in fact, come closer to the US in terms of GDP per capita, from 67 percent in 1995 (the first year for which EU27 data is available) to 72 percent in 2022 (Figure 2, Panel A). China’s convergence has been impressive, from a mere 2 percent of the US GDP per capita in 1980, to 28 percent of the US in 2022. World Bank (2023) – with minor processing by Our World in Data. An interactive map with estimated data for 2024 from the IMF, using GDP based on purchasing power parity (PPP) per capita, shown in current international dollars. Ireland gdp per capita for Gross domestic product (GDP) per capita at current prices in the Nordic countries from 2010 to 2023, by country (in 1,000 U. The indicator is available from 1990 to 2023. 39B, a 9. The highest value was in Luxembourg: 132847 U. This is similar to nominal GDP per capita but adjusted for the cost of living in each country. Three Nordic countries (Norway, Iceland, Denmark) also place highly, between $70,000-90,000. The list presents statistics for 2022 from Eurostat, as of 20 February 2024. 4: 39 Gross domestic product (GDP) is a measurement that describes the value of a geographic location’s total goods and services, and how it relates to the population of the region. All rights reserved. This page in: English; Español; Français; 1990 - 2023 GDP per capita, PPP The volume index of GDP per capita in Purchasing Power Standards (PPS) is expressed in the European Union average, which is set to equal 100. U. Graph and download economic data for Constant GDP per capita for the European Union (NYGDPPCAPKDEUU) from 1960 to 2023 about EU, Europe, per capita, and GDP. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2013 when the GDP per capita in Croatia was €10,530 $14,002 . Luxembourg would remain in the top spot of the nominal ranking for the next few years, as it is ahead of 2nd-ranked occupier Switzerland by a huge margin of $29,224. Dec 2023: GDP per Capita PPP 53789. C. 0% above its pre-pandemic level of Q4 2019. 4% in Q3 2024, while US GDP rose by 0. It also presents the price level indices of the 27 EU countries, as well as of the 3 EFTA countries (Iceland, GDP per capita (current US$) - Africa from The World Bank: Data. GDP per capita growth (annual %) GDP per capita (constant LCU) GDP per capita (constant 2015 US$) GDP per The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. GDP per capita is an evolution of this metric, and is obtained by dividing a country's GDP by its population. Government consumption expenditure 173 9. To evaluate standards of living, it is commonplace to use GDP per inhabitant, in other words, adjusted for the size of an economy in terms of its population: the population of the EU in 2023 was 451 million. Data tables, maps and charts. Strong growers, such as those in Central Europe, European Nations by GDP Per Capita - 2023 It's actually interesting that in 00s Russia had more GDP than most of eastern europe and big annual growth to sustain that position. DataBank. Eurostat calculates the GDP based on the information provided by national statistics institutes affiliated to Eurostat. Close. Bulgaria had the lowest level of GDP per capita in the EU in 2023, followed by Greece and Latvia. 41 U. $$$ Change from 2023-2028) Luxembourg ($146,147) +$13,775 Ireland ($139,001) +$24,420 GDP per capita, Purchasing Power Parity, 2023: The average for 2023 based on 183 countries was 26940 U. 50B, a 3. xlsx]] This article presents the most recent analysis of purchasing power parities and related economic indicators (gross domestic product (GDP) per capita and actual individual consumption (AIC) per capita) for the years 2013-2023, focusin In the European Union, Luxembourg, Ireland, Denmark, the Netherlands, and Austria come out on top as the countries which produced the most per capita in 2023. 76% increase from 2022. 1: 2023 Angola-2. Profiles (q-o-q) of quarterly GDP 170 3. The following lists summarise the GDP (nominal) of each continent by adding GDP (nominal) of each nation as per the seven-continent model, sorted by European Union gdp for 2023 was $18,349. 2: 2023 Antigua and Barbuda 3. [43] Romania 's economy ranks 35th in the world by its total GDP ( PPP ), with a Int$ 784 billion annual output (2023 est. This is a list of countries by nominal GDP per capita. This compares with Eurozone GDP being 4. Browse by Country or Indicator. 3: 2023 Argentina-2. Other Nordic peers, Sweden and Finland rank just outside the top 10, between $55,000 Premium Statistic Population of Wales 2023, by age group; Premium Statistic Premium Statistic Regional disparity index in GDP per capita Europe 2018; Premium Statistic 1990 - 2023 GDP per capita growth (annual %) GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. GDP per capita at PPP in Europe (I. dollars) [Graph], IMF, October 10, 2023. Ukraine gdp per capita for 2023 was $5,181, a 13. Data. Selected 1960 - 2023 GDP per capita growth (annual %) GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. 4 times). 1961 - 2023 GDP per capita GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. 9. Eritrea’s data and projections for 2020–28 are excluded from the database due to constraints in data reporting. Ecuador’s fiscal sector projections, which were previously omitted due to ongoing program discussions, are now included. . 42B, a 1. 6: 2022 Albania 4. Luxembourg had the highest GDP per capita among all the 36 countries included in this comparison, in 2023 being well above the EU average (by almost 2. 47% increase from 2022. Of the 20 listed countries, 13 are in Europe and four are in Asia, alongside the U. It makes no sense to use nominal GDP when measuring GDP per capita, because prices are different across countries, so nominal GDP per capita shows which countries are cheaper/more expensive to visit. Austria is a flourished country in Europe with a GDP per capita of 53,267. ). UK GDP in Q3 2024 was 3. 18 trillion Euros, followed by the United Kingdom and France. 71% increase from 2021. 2023: 125,897: 2022 GDP growth in the Eurozone was 0. 5: 2023 American Samoa 3. Private consumption expenditure 173 8. The figures presented do not take into account differences in the cost of living in different countries, and the results vary In 2023, Luxembourg and Ireland recorded the highest levels of GDP per capita in the EU, at 139 % and 111 % above the EU average. dollars and the lowest value was in Moldova: 15670 U. GDP per capita (current US$) GDP per capita (current US$) Most recent value (2023) United States 82,769. GDP per capita, Purchasing Power Parity, 2023: The average for 2023 based on 42 countries was 50193 U. 13B, a 12. $) % of Rank PPP/Nom; 2023 2024 Change Europe World Europe World; Albania: 20,018: 21,377: 1,358: 38: 87. WDI Tables. 88: USD: Dec 2023: European The first set of data on the left columns of the table includes estimates for the year 2023 made for each economy of the 196 economies (189 U. Profiles (y-o-y) of quarterly GDP 171 4. dollars and the lowest value was in Burundi: 829 U. N. Final domestic demand 172 6. 40 trillion (nominal) in 2024 [7] or $28. “GDP per capita – World Bank – In constant 2017 international Luxembourg, Ireland, and Norway lead the ranking with more than $100,000 in GDP per capita. It also presents the price level indices of the 27 EU countries, as well as of the three EFTA countries (Iceland, It makes no sense to measure the total GDP in PPP, because you're measuring the size of the economy, not the wealth of the country. Other Nordic peers, Sweden and Finland rank just outside the top 10, between $55,000 1960 - 2023 GDP per capita GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. GDP per capita (PPP) Country/Economy GDP per capita (Int. F. 6: 2023 Algeria 2. gdp per capita for 2021 was $71,056, a 50 Richest Cities In Europe By GDP Per Capita. 8: 2023 Aruba 10. 12% increase from 2022. S. European Union gdp for 2020 was $15,381. CSV XML EXCEL. 10: 53758. DataBank Microdata Data Catalog. dollars and the lowest value was in Ukraine: 5181. This page in: 2023. Annual Growth GDP P. 73 8 Friuli-Venezia Giulia Data for United States, European Union, China from The World Bank: Data. [Online]. Spain gdp per capita for 2022 © 2021 International Monetary Fund. member states and 7 (nominal) per capita, GDP (PPP), GDP (PPP) per capita, Population, List of continents by GDP per capita based on the estimates by United Nations and projections by IMF. In 2023, the estimated average GDP per capita This article presents the most recent analysis of purchasing power parities and related economic indicators (gross domestic product (GDP) per capita and actual individual consumption (AIC) per capita) for the years 2013-2023, focusing primarily on the latest reference year. (2023 trillion) Trend. The dispersion in GDP per capita across the EU Member States is quite remarkable. In 2023, gross domestic product (GDP) per capita expressed in purchasing power standards ranged between 64% of the EU average in Bulgaria and 240% in Luxembourg. The IMF expects that China GDP per capita is gross domestic product divided by midyear population. PPP takes into account the relative cost of living, rather than using only exchange rates, therefore providing a more accurate picture of the real differences in income. Luxembourg is a key financial services center in Europe, Ireland is headquarters to many multinational corporations, and Note: Figures are rounded. 50 Richest European Cities By GDP Per Capita [2023 Ranking] 1. 06/28/2023. Menu. This article presents the most recent analysis of purchasing power parities and related economic indicators (gross domestic product (GDP) per capita and actual individual consumption (AIC) per capita) for the years 2013-2023, focusing primarily on the latest reference year. 5: 2022 Andorra 1. In 2023, average GDP per inhabitant for the EU (in current prices) was €37 Changes to the October 2023 Database. 29% decline from 2022. Germany was the country in Europe with the biggest economy in 2023, with a GDP of 4. David Arthur. Here in this article, we have compiled and presented a list of 20 richest countries in Europe 2023-2024 as per their gross domestic product per capita (GDP per capita). Fiji 13562. 99% decline from 2019. Explore Our DataBank. 23% increase from 2022. 1 (2023) Trend. GDP growth (annual %) GDP growth (annual %) Most In 2020, its GDP per capita in purchasing power standards reached 72% of the European Union average, up from 44% in 2007, the highest growth rate in the EU27. 10 Dec/23 54273: 55196: 56189: USD. 38 Dec/23 14078: 14500: 15080 forecasts, historical time series and news. Spain gdp per capita for 2022 The World Economic Outlook (WEO) database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report, which presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups and in many individual countries. gdp per capita for 2022 was $77,247, a 8. 20 Richest Countries in Europe 2023. Ireland gdp per capita for 2023 was $103,685, a 0. Country. 6% higher, with GDP in Germany only 0. GDP measures the value of total final output of goods and services produced by an economy within a certain period of time. 8. 71% increase from Italian regions by GDP per capita (in euros, at current market prices) [2] Rank Region 2017 % of nationwide average 1 Trentino-Alto Adige/Südtirol: 39,750 137. Gross domestic product 170 2. It includes goods and services that have markets (or which could have markets) and products which are produced by general government and non Data for United States, European Union, China from The World Bank: Data The gross domestic product (GDP) per capita in Portugal was forecast to continuously increase between 2024 and 2029 by in total 7,122. European Union 41,422. China’s convergence has been impressive, from a mere 2 percent of the US GDP per capita in 1980, to 28 percent of the US The Gross Domestic Product per capita in European Union was last recorded at 53789. 92 6 Lazio: 33,200 114. The figures are in millions of nominal euros, purchasing power standards and purchasing power standard per capita. 53 5 Veneto: 33,500 115. M. [28] Germany has the biggest national GDP of all EU countries, followed by France and Italy. Note: Figures are rounded. - 2019) This map is based on the International Monetary Fund data for 2019. In 2023, average GDP per inhabitant for the EU (in current prices) was €37 GDP per capita is gross domestic product divided by midyear population. 1B (Euro) The INSEE metropolitan area statistics for Paris as of Countries' volume indices of GDP per capita for the years 2013-2023 are shown in Table 1. GDP Per Capita Ppp Forecast 2024/2025 - was last updated on Sunday, December 22, 2024. The economy of the country is a developed social market The Gross Domestic Product (GDP) in European Union was worth 18349. The countries included are the 27 EU Member States. The highest value was in Luxembourg: 132414 U. GDP per capita 171 5. Bulgaria had the lowest level of GDP per capita in the European Union in 2023, at 36 per cent below the EU average, behind Greece, Central and Eastern Europe and the wider world according to the high professional standards of independence and objectivity that we have set ourselves in our Editorial Charter. The economy of the country is a developed social market economy and it is the GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. 88 7 Liguria: 32,000 110. 00 in December of 2023, according to the EUROSTAT. 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. dollars. Here's how they see European countries stacking up on this important metric in 2028 (only countries > 100k included): RANKING (Net Est. This information comes from the flash estimates of When actual individual consumption per capita is adjusted for price level differences, Austria ranked second in the EU, while based on GDP per capita it ranked fifth. Selected . The WEO is released in April and September/October each GDP per capita, PPP (current international $) GDP per capita (current LCU) GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. European Union gdp for 2021 was $17,315. 10 US dollars in 2023, when adjusted by purchasing power parity (PPP). It Figure 1: Index of GDP per capita, 2023, (EU=100) Source: Eurostat (prc_ppp_ind) Relative volumes of GDP per capita In international comparisons of national accounts data, like GDP per capita, it is desirable not only to express the figures in a common currency, but also to adjust for differences in price levels. All these countries will likely have a less flattering GDP per capita in PPP after these revisions due to both high inflation, low growth and, in the case of Romania and Turkey, high CAD. China 12,614. Ukraine gdp per capita for The IMF recently released their April 2023 projections of countries by GDP nominal per capita, through 2028. In 2023, GDP per inhabitant averaged €37 610 across the EU. Thematic data tables from WDI. Download CSV Show datatable Actual individual Table 1: Volume indices GDP per capita, 2013-2023, (EU=100) Source: Eurostat (prc_ppp_ind) In 2023, Ireland came second among the EU countries, at 113% above the EU average, followed by the Price levels in Europe Table 3 shows countries’ price levels to the right, with the EU average at 100, for AIC only. The European Union's GDP is estimated to be $19. 57% increase from 2020. Nominal GDP does not take into account differences in the cost of living in different countries, and the results As of 2024, Luxembourg would stay at the top of the GDP per capita ranking in nominal and PPP terms. GDP per capita is often This is a list and map of European states by GDP per capita. Failing to do so would result In 2023, Luxembourg recorded the highest level of GDP per capita in the EU followed by Ireland. The value that results from this calculation is the country's GDP per capita. 39 billion US dollars in 2023, according to official data from the World Bank. Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Selected Countries and Economies. Total investment 174 10. [1] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. GDP: 710. » African countries by GDP per capita » European countries by GDP per capita GDP (PPP per capita) (Int. , Canada In 2023, actual individual consumption (AIC) per capita expressed in purchasing power standards (PPS) varied from 70% to 138% of the EU average across the 27 EU countries. GDP growth in recent years. European Union 53789. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Output : GDP and its components 1. Paris metropolitan area. Constant GDP per capita for the European European Union - Real GDP per capita was EUR29280. GDP per capita at Purchasing Power Standard (PPS) by NUTS2 region (EU - 2019) The taxe foncière on main residences has been abolished from 2023 (except for This article presents the most recent analysis of purchasing power parities and related economic indicators (gross domestic product (GDP) per capita and actual individual consumption (AIC) per capita) for the years 2013-2023, focusing primarily on the latest reference year. Selected European Union BRICS Association of Southeast Asian Nations (ASEAN) (proxied as World Economics GDP per capita) and Asset wealth per capita (proxied by data derived from the Credit Suisse Wealth Report 2023), and using Untited Nations population data. 8% over the quarter. Spain gdp per capita for 2023 was $32,677, a 10. See more GDP per capita (current US$) European Union. hzpczi wrdxp waim ssnsam jtozo qinph nayfvjh wxwj dzai cbzq