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Europe

39 COUNTRIES MAKE UP EUROPE

World Economics has combined 39 principal countries to represent the Europen region. Overall these countries accounted for 23% of Global GDP and 13% of global GDP growth in the past 10 years (2012-2022).

Europe is home to over 0.8 billion people with an average life expectancy of 77 years and a current median age of 41 against a global average of 30.



Economics




European
Countries
Revised GDP PPP
Int$, Billions
CAGR
10 Year
Rate
%, 2012-2022
Share of
Global
GDP
%
Share of Global GDP Growth
%, 2012-2022
Revised GDP Per Capita
Int$
Government Debt to Revised GDP
%







Albania 55.8 2.5% 0.0% 0.0% 19,451 53.3%
Austria 550.1 1.1% 0.3% 0.1% 60,668 72.2%
Belarus 235.7 -0.3% 0.1% 0.0% 24,992 25.4%
Belgium 730.2 1.3% 0.4% 0.2% 62,576 87.2%
Bulgaria 214.5 2.4% 0.1% 0.1% 31,339 17.9%
Croatia 166.0 2.4% 0.1% 0.1% 40,886 56.1%
Czech Republic 496.0 2.0% 0.3% 0.2% 46,197 36.2%
Denmark 400.8 1.9% 0.2% 0.2% 68,687 27.5%
Estonia 62.9 2.9% 0.0% 0.0% 47,548 14.9%
Finland 315.3 1.0% 0.2% 0.1% 56,752 58.2%
France 3,539.0 1.0% 2.1% 0.8% 53,961 98.9%
Georgia 91.4 4.0% 0.1% 0.1% 23,035 27.2%
Germany 4,982.9 1.1% 2.9% 1.2% 59,402 63.9%
Greece 419.0 0.4% 0.2% 0.0% 40,611 139.9%
Hungary 423.3 3.4% 0.2% 0.3% 44,062 60.7%
Iceland 24.0 3.1% 0.0% 0.0% 69,371 59.9%
Ireland 629.0 8.7% 0.4% 0.8% 125,292 41.9%
Italy 3,184.0 0.4% 1.9% 0.2% 52,835 119.0%
Latvia 76.7 2.4% 0.0% 0.0% 41,474 36.8%
Lithuania 134.7 3.1% 0.1% 0.1% 50,605 34.7%
Luxembourg 84.7 2.6% 0.0% 0.0% 131,813 23.1%
Malta 30.6 5.3% 0.0% 0.0% 68,881 44.6%
Moldova 51.7 3.6% 0.0% 0.0% 12,892 25.6%
Netherlands 1,140.8 1.7% 0.7% 0.4% 66,284 43.9%
North Macedonia 47.0 2.2% 0.0% 0.0% 22,594 40.3%
Norway 425.9 1.9% 0.2% 0.2% 77,278 34.9%
Poland 1,673.6 3.5% 1.0% 1.1% 44,345 39.8%
Portugal 441.3 1.5% 0.3% 0.1% 43,519 95.3%
Romania 763.7 3.8% 0.4% 0.5% 40,127 40.1%
Russia 5,418.3 0.6% 3.2% 0.7% 37,161 11.9%
Serbia 198.5 2.7% 0.1% 0.1% 22,941 38.4%
Slovak Republic 200.5 1.7% 0.1% 0.1% 36,722 52.7%
Slovenia 110.2 2.8% 0.1% 0.1% 53,042 56.2%
Spain 2,301.6 1.2% 1.3% 0.6% 49,264 93.6%
Sweden 644.6 2.0% 0.4% 0.3% 63,081 29.5%
Switzerland 676.8 2.0% 0.4% 0.3% 77,137 37.5%
Turkey 3,679.1 5.2% 2.2% 3.3% 42,999 28.6%
Ukraine 501.0 -4.8% 0.3% -0.7% 11,600 33.0%
United Kingdom 3,540.1 1.6% 2.1% 1.2% 51,682 78.8%

Europe
Totals / Averages:
38,661.0 N/A 22.7% 12.7% 50,592* 50.8%*


World Economics revised GDP data removes serious errors in GDP measurement.
Revised GDP data can be used to analyse and compare country investment potential, but other hidden faults may still be present in source GDP data. Learn more...


Notes:
  • GDP data includes estimates for the Informal Economy, and updated Base Years, to improve the often imperfect quality of Europe data.
  • Debt-to-GDP ratio is total gross government debt as a proportion of revised GDP.
  • Data with an astrix (*) represents an average for all countries.
  • Offical GDP data quality is often poor in Emerging Market countries. See data quality for individual countries.







Demography




Emerging Market
Countries
Population
Data Quality
Grade
Total
Population
Millions
Life Expectancy
Years
Median
Age
Years
Statistical Capacity
0-100 Index
Age Dependency
Total






Albania B 2.9 76 37.3 87.8 51.8
Austria B 9.1 82 42.8 100.0 48.9
Belarus A 9.4 72 40.2 83.3 49.2
Belgium B 11.7 82 40.9 100.0 43.5
Bulgaria B 6.8 72 44.5 85.6 42.7
Croatia B 4.1 78 43.7 86.7 43.5
Czech Republic B 10.7 78 42.6 100.0 42.6
Denmark B 5.8 81 41.3 100.0 42.7
Estonia C 1.3 77 41.5 40.0 41.7
Finland B 5.6 82 42.4 100.0 37.9
France A 65.6 82 41.6 100.0 36.9
Georgia B 4.0 72 36.4 87.8 44.6
Germany B 83.9 81 44.9 100.0 43.6
Greece B 10.3 80 44.7 100.0 42.3
Hungary D 9.6 75 42.7 40.0 46.2
Iceland B 0.3 83 35.9 100.0 49.5
Ireland A 5.0 82 37.6 100.0 46.8
Italy B 60.3 83 46.8 100.0 42.9
Latvia C 1.8 74 43.6 53.3 40.7
Lithuania C 2.7 74 43.7 43.3 44.3
Luxembourg B 0.6 83 38.7 100.0 55.8
Malta B 0.4 84 39.0 100.0 52.9
Moldova B 4.0 69 36.1 91.1 49.8
Netherlands B 17.2 82 41.7 100.0 45.1
North Macedonia A 2.1 74 38.3 72.2 55.4
Norway B 5.5 83 39.3 100.0 46.0
Poland A 37.7 69 40.9 78.9 48.0
Portugal B 10.1 76 45.0 100.0 44.0
Romania B 19.0 79 41.9 84.4 46.3
Russia A 145.8 74 38.8 82.2 50.0
Serbia B 8.7 67 42.9 88.9 46.2
Slovak Republic D 5.5 83 40.6 40.0 50.5
Slovenia A 2.1 75 43.2 100.0 44.5
Spain B 46.7 62 43.9 100.0 48.5
Sweden B 10.2 70 39.5 100.0 39.2
Switzerland B 8.8 83 41.8 100.0 48.4
Turkey A 85.6 76 30.9 81.1 53.2
Ukraine A 43.2 72 40.8 72.2 51.6
United Kingdom A 68.5 81 39.6 100.0 42.3

Europe
Totals / Averages:
N/A 832.7 77* 41.0* 87.1* 46.2*


Notes:
  • Data with an astrix (*) represents an average for all countries.
  • Statistical Capacity Index numbers shown on a scale of 0-100.
    0 = Low level of resources, 100 = High level of resources.


Key:
Data Quality Grade definitions:
         A: As good as it gets;
         B: Use with caution;
         C: Unreliable for many purposes
         D: Extremely poor quality.








Environmental, Social and Governance




Emerging Market
Countries:
Carbon Emissions
Total MTCo2e
Methane Emissions
Total MTCo2e
Population in Poverty
% of Pop
Years of Schooling
Years
Rule
of Law
0-100 Index
Corruption Levels
0-100 Index






Albania 4.6 2.9 0% 11 41.1 36
Austria 64.6 7.1 0% 12 93.1 71
Belarus 59.6 17.1 0% 12 19.6 39
Belgium 95.7 8.1 0% 12 81.4 73
Bulgaria 42.6 6.8 0% 11 46.5 43
Croatia 17.7 3.7 0% 12 55.3 50
Czech Republic 97.1 12.5 0% 13 76.3 56
Denmark 29.6 7.8 0% 13 96.9 90
Estonia 10.4 1.1 0% 14 84.0 74
Finland 37.6 4.7 0% 13 100.0 87
France 306.0 58.2 0% 12 80.4 72
Georgia 11.0 5.6 4% 13 52.0 56
Germany 674.8 49.5 0% 14 88.6 79
Greece 56.3 9.0 0% 11 56.5 52
Hungary 48.4 6.9 0% 12 61.1 42
Iceland 3.4 0.5 0% 14 92.3 74
Ireland 37.6 15.6 0% 12 86.6 77
Italy 328.7 44.7 0% 11 54.5 56
Latvia 7.3 1.9 0% 13 72.6 59
Lithuania 13.9 2.9 0% 14 75.9 62
Luxembourg 8.4 0.6 0% 13 93.1 77
Malta 1.7 0.2 0% 12 69.6 51
Moldova 5.6 5.0 0% 12 39.2 39
Netherlands 141.0 15.5 0% 13 91.9 80
North Macedonia 6.9 2.4 3% 10 45.7 40
Norway 40.9 4.6 0% 13 97.3 84
Poland 328.6 28.7 0% 9 58.9 55
Portugal 40.8 11.2 0% 13 76.5 62
Romania 79.3 16.6 0% 10 58.0 46
Russia 1,755.5 694.5 0% 11 25.5 28
Serbia 30.9 14.4 2% 3 45.3 36
Slovak Republic 35.3 4.4 0% 12 65.6 53
Slovenia 12.6 1.7 0% 13 73.8 56
Spain 233.7 38.8 0% 11 69.9 60
Sweden 35.8 4.7 0% 10 91.8 83
Switzerland 34.9 5.1 0% 13 93.6 82
Turkey 446.2 49.3 0% 9 37.0 36
Ukraine 201.8 32.2 0% 11 30.8 33
United Kingdom 346.8 51.2 0% 13 83.9 73

Europe
Totals/Averages:
5,733.5 1,247.8 N/A 12* 68.3* 60*


Notes:
  • Data with an astrix (*) represents an average for all countries.
  • Index numbers shown on a scale of 0-100.
    Rule of Law: 0 = low rule of law, 100 = High rule of law.
    Corruption Perceptions Index: 0 = High levels of corruption, 100 = Low levels of corruption.
  • Total Carbon and Methane data expressed in MTCo2e (Million Metric Tons of CO2 equivalent)
  • Data with an astrix (*) represents an average for all countries.



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