Gdp per capita europe 2023 CSV XML EXCEL. 76% increase from 2022. Gross domestic product 170 2. 2023: 34,601. 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. 2% decline from 2021. Highest AIC levels in 1987 - 2023 GDP per capita growth (annual %) GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. 8: 2023 Aruba 10. GDP per capita PPP In 2021, the GDP amounted to 32,440 euros per capita in the European Union. 2023. 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. License : CC BY-4. 2023 [5] 2022 2021 [6] 2020 [6] 2019 List of sovereign states in Europe by GDP (nominal) per capita; List of sovereign states in Europe by GDP (PPP) List of metropolitan areas in the European Union by GDP; List of European countries by budget revenues; List of European countries by fiscal balance; Countries' volume indices of GDP per capita for the years 2013-2023 are shown in Table 1. This information comes from the flash estimates of Countries' volume indices of GDP per capita for the years 2013-2023 are shown in Table 1. In 2024 , Belgium would surpass Finland. 93% increase from 2022. 88: USD: Dec 2023: European Union GDP. Government consumption 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. For more GDP per capita This chart displays GDP per Capita (EUR) for Italy from 2023 to 2017. dollars) [Graph], IMF, October 10, 2023. European Union - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on Data for United States, European Union, China from The World Bank: Data Graph and download economic data for Constant GDP per capita for the European Union from 1960 to 2023 about EU, Europe, per capita, GDP, real, USA, India, and China. European Commission. Close. Failing to do so would result 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. Luxembourg had the highest GDP per Figure 1: Volume indices of GDP and AIC per capita, 2023, (EU=100) Source: Eurostat (prc_ppp_ind) Relative volumes of GDP per capita between 2021 and 2023 can be at least partly explained by fluctuations of a country’s currency against the euro. The GDP per Capita in Belgium is equivalent to 351 percent of the world's average. Historically, European Union - Real GDP per capita reached a record 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. 3 U. 2: 2023 Antigua and Barbuda 3. Thematic data tables from WDI. 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. Ireland $114,581 3. Graph and download economic data for Gross Domestic Product Per Capita for the Euro Area (NYGDPPCAPCDEMU) from 1960 to 2023 about Euro Area, Europe, per capita, and GDP. 35: 15544. Euro Area gdp per capita for 2021 was $42,528, a 12. The article presents some of the findings from the more detailed 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 Countries' volume indices of GDP per capita for the years 2013-2023 are shown in Table 1. Statistics on GDP per capita in PPS, actual individual consumption (AIC) per capita and price level indices are presented for the EU, three EFTA countries and six EU candidate countries. Estonia gdp per capita for 2023 was $29,824, a 6. dollars and the lowest value was in Moldova: 15855 U. 29% decline from 2022. GDP Full Year GDP Growth GDP GDP Annual Growth Rate GDP Constant Prices GDP Growth Rate. 50B, a 3. Private consumption expenditure 173 8. » African countries by GDP per capita » European countries by GDP per capita GDP (PPP per capita) (Int. GDP: 710. But then some events took place and now we end up Gross Domestic Product (GDP) per capita in Purchasing Power Standards (PPS) in Central and Eastern European countries from 2009 to 2023 [Graph], Eurostat, March 26, 2024. 1B (Euro) The INSEE metropolitan area statistics for Paris as of 2022 include 1,929 separate communities. Of the 20 listed countries, 13 are in Europe and four are in Asia, alongside Map of sovereign states in Europe by projected 2024 GDP nominal per capita based on USD exchange rate [ edit ] The map data is for year 2024 using IMF data (WEO October 2024 The average for 2023 based on 42 countries was 38039. Selected Countries and Economies. Figure 3 presents US states and European member states GDP per capita in US dollar, from the highest to the lowest. GDP per capita growth (annual %) GDP per capita (constant LCU) GDP per capita (constant 2015 US$) 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. There are no major shifts in the ranking. Selected The GDP per capita of Netherlands in 2023 was €59,720 $64,829, €3,580 $5,288 higher than in 2022, it was €56,140 $59,541. 0% above its pre-pandemic level of Q4 2019. 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 The indicator is calculated as the ratio of real GDP to the average population of a specific year. Select a country 2023; GDP per capita (EUR) 23,141 22,299 24,667 27,009 30,208 GDP per capita (USD) 25,902 25,421 29,159 28,390 GDP per capita, PPP (current international $) - Europe & Central Asia from The World Bank: Data. This compares with Eurozone GDP being 4. [5] The rankings of national economies over time have changed considerably; the economy of the United States surpassed the British Empire's output around 1916, [6] 2023: 100,834,796: 2022 Map of European countries in 2023 by GDP per capita PPP (projections) Map Archived post. The countries included are the 27 EU Member States. 98% decline from 2021. 13B, a 12. Markets. The average for 2023 based on 43 countries was 51080 U. List of continents by GDP per capita based on the estimates by United Nations and projections by IMF. UK GDP in Q3 2024 was 3. This information comes from the flash estimates of purchasing power parities and GDP for 2023 published by Eurostat today. The WEO is released in April and September/October each Germany - Real GDP per capita was EUR36290. Source: Macrobond. Selected in terms of GDP per capita, interrupting a (slow) convergence since the sovereign debt crisis. 2023: 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. Explore Our DataBank. 02008 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Trading Economics provides the current actual value, an historical data chart and related indicators for Hungary - Real GDP This is a list of countries by nominal GDP per capita. Final domestic demand 160 6. 23326 : 2020: Countries' volume indices of GDP per capita for the years 2013-2023 are shown in Table 1. This page provides the latest reported value for - Estonia GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, Updated charts and forecasts on Italy GDP per capita (EUR). 2% and 0. 41 U. dollars and the lowest value was in Burundi: 829 U. 9. GDP per capita ranking has been occupied by smaller economies, as among the top 10 list, only two economies (the United States and Switzerland) are in the top 20 list of gdp (nominal) ranking and only three economies (the United States, Singapore, and Switzerland) are in the top 40 lists of ppp ranking. Lithuanian numbers seem way too high. 6% in 2019 to 75. 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. GDP per capita as a percentage of the EU average Portugadeclined from 78. 6% in 2023 and 2024 respectively. GDP per capita in Central and Eastern European countries have grown considerably but their relatively small size and lower starting point stop them 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. 68 U. 1% and 1. Report, ECIPE, Brussels, Policy Brief 02/2023, 36 p. Singapore $91,100 6. Browse by Country or Indicator. The highest value was in Luxembourg: 128259. For more GDP per capita information, visit our dedicated page. 44 trillion euros that year. All Countries and Economies. IMF Data Year 2023. The volume index of GDP per capita in Purchasing Power Standards (PPS) is expressed in relation to the European Union average set to equal 100. Private consumption expenditure 161 8. [37] European Economic Forecast – Autumn 2023 . The US had the highest GDP growth among G7 economies over Germany was the country in Europe with the biggest economy in 2023, with a GDP of 4. GDP per capita is gross domestic product divided by midyear population. 86: 251. Of the 20 listed countries, 13 are in Europe and four are in Asia, alongside the U. GDP growth in recent years. Highest GDP per capita in Luxembourg and 2 Irish regions. 54% decline from 2019. This compares to the Euro Area average of EUR 39,644. Estonia gdp per capita for Inflation in the euro area; Excess mortality statistics; Electricity price statistics; GDP per capita, consumption per capita and price level indices; Minimum wage statistics; Beginners:Statistical concept - Percentage change and percentage points/fr; Migration and migrant population statistics; Overweight and obesity - BMI statistics 1987 - 2023 GDP per capita growth (annual %) GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. 6% higher, with GDP in Germany only 0. Its area of 18,941 km2 (7,313 sq mi) is far larger than the administrative territory of Île-de-France, which includes Paris (12,012 km2 (4,638 Wolfsburg was the level 3 region with the highest GDP per inhabitant in 2017 in the EU, at 155 000 PPS, while the neighbouring region of Helmstedt had a GDP per inhabitant of 18 000 PPS. 10: 53758. Below is a chart for all countries where data are available. [28] 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 in China. The highest value was in Luxembourg: 132847 U. GDP per capita is often 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. In 2023, average GDP per inhabitant for the EU (in current prices) was €37 The European Union's GDP is estimated to be $19. GDP measures the value of total final output of goods and services produced by an economy within a certain period of time. The GDP per Capita in Estonia is equivalent to 160 percent of the world's average. 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. However, inflation is putting pressure on real wages. (2015), Penn World Table (2021). Selected 1990 - 2023 GDP per capita growth (annual %) GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. The indicator is available from 1960 to GDP per capita, PPP (current international $) - European Union from The World Bank: Data. 6: 2022 Albania 4. -31. Andorra slides in at 10th in Europe’s richest countries by European Union gdp for 2023 was $18,349. Country. Here's how they see European countries stacking up on this important metric in 2028 (only countries > 100k included): RANKING (Net Est. WDI Tables. See more GDP per capita (current US$) - European Union from The World Bank: Data. 50: 18349. $$$ Change from 2023-2028) Luxembourg ($146,147) +$13,775 Ireland ($139,001) +$24,420 Euro Area gdp per capita for 2023 was $44,369, a 8. This page in: English; Español; Français; 1990 - 2023 GDP per capita, PPP (constant 2021 international $) Germany had a GDP per capita of EUR 46,264 in 2022, compared to EUR 34,860 a decade earlier. The GDP per Capita, in Ireland, when adjusted by Purchasing Power Parity is equivalent to 651 percent of the world's average. Profiles (q-o-q) of quarterly GDP 170 3. Selected This is an alphabetical list of countries by past and projected Gross Domestic Product per capita, based on the Purchasing Power Parity (PPP) methodology, not on official exchange rates. Countries' volume indices of GDP per capita for the years 2013-2023 are shown in Table 1. WB Data Year 2022. 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. 22971 : 2021: 33,456. N. The new estimates are presented and discussed Updated charts and forecasts on Poland GDP per capita (EUR). These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2024 edition. Sources Analyzing 2023 per capita GDP numbers from the International Monetary Fund lets us know where the richest countries in the world are. The GDP per Capita, In the Euro Area, when adjusted by Purchasing Power Parity is equivalent to 314 percent of the world's average. The indicator is available from 1990 to 2023. 57% increase from 2020. 1: 2023 Angola-2. Euro Area gdp per capita for 2022 was $40,836, a 3. As per IMF’s April 2023 Regional Economic Outlook, Europe is expected to relax financial conditions in 2024 GDP per capita is gross domestic product divided by midyear population. 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. Download CSV Show datatable Actual individual List of European Union regions and territories by GDP in 2022 [1] Region (NUTS2) Country Nominal GDP million EUR (2022) GDP in Purchasing Power Standard Population in millions [2] million EUR (2021) per capita in EUR (2022) per capita as % of EU average (2022) Burgenland Austria: 10,455: 8,326: 31,000: 88: 0. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Real GDP per capita - last updated from the EUROSTAT on December of 2024. The size of London's economy makes it the wealthiest city by GDP per capita in Europe. 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. 2023; GDP per capita (EUR) 14,182 14,009 15,724 17,933 20,375 GDP The Gross Domestic Product (GDP) In the Euro Area was worth 15544. dollars and the lowest value was in Ukraine: 5181. 39 billion US dollars in 2023, according to official data from the World Bank. The Flemish Region reaches 47,300 euro PPS. Selected Lithuania’s GDP per capita is below the EU average but is converging with it relatively well. Country GDP per capita growth (annual %) Year Afghanistan-8. Hannah Ritchie and Esteban Ortiz-Ospina (2023) - “Economic Growth”. Greece; Kosovo; Montenegro; North Macedonia; Serbia; Turkey; View All; Sub-Saharan Africa. 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. It GDP per capita is an evolution of this metric, and is obtained by dividing a country's GDP by its population. 42B, a 1. Albania; Bosnia-Herz. 20 Richest Countries in Europe 2023. 16% increase from 2020. 2023; GDP per capita (EUR) 42,541 41,481 44,190 47,183 49,525 Free sample report 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. This information comes from the flash estimates of In 2023, Luxembourg was the country with the highest gross domestic product per capita in the world. Ireland gdp per capita for 2023 was $103,685, a 0. Top 10 Countries by GDP Per Capita in 2023. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - Real GDP per capita - last updated from the EUROSTAT on December of 2024. 99% decline from 2019. 39B, a 9. 1% higher. 10 Dec/23 54273: 55196: forecasts, historical time series and news. DataBank. GDP per capita is lowest in the Walloon Region (33,400 euro PPS). Structure of European Union GDP: from agriculture, manufacturing, mining and services. The indicator is available from 1960 to GDP per capita growth (annual %) in European Union was reported at --0. 86: 14224. Link: Countries' volume indices of GDP per capita for the years 2013-2023 are shown in Table 1. 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. Actual Previous Highest Lowest Dates Unit Frequency; 18349. 12% increase from 2022. This GDP per capita indicator provides information on economic growth and income levels from 1990. The highest value was in Luxembourg: 132414 U. Italy GDP 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. 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. Diverging effects emerged linked to the timing of the pandemic, the tightness of lockdown This compares to the average for the Euro Area of EUR 39,644. 12. In 2022 and 2023, the national currency of Türkiye showed a large depreciation against the GDP per capita, PPP (current international $) - Euro area International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme. [Online]. gdp per capita for 2022 was 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 growth (annual %) Download. 4 times). Actual Previous Highest Lowest Dates Unit Frequency; 15544. DataBank Microdata Data Catalog. 5: 2023 American Samoa 3. 1960 - 2023 GDP per capita growth (annual %) GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. 6 GDP per capita is gross domestic product divided by midyear population. , Canada The Gross Domestic Product per capita In the Euro Area was last recorded at 37399. European Union - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2024. World Bank (2023) – with minor processing by Our World in Data. (2021, December 15). Final demand 172 7. 00 in December of 2023, according to the EUROSTAT. This difference in GDP per inhabitant — 8. 39 1980 - 2023 GDP per capita growth (annual %) GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. The value that results from this calculation is the country's GDP per capita. It includes goods and services that have markets (or which could have markets) and products which are produced by general government and non Note: Figures are rounded. See the total EU population figures for GDP (current US$) Central Europe and the Baltics. Contents 168 Output : GDP and its components 1. “GDP per capita – World Bank – In constant 2017 international $” [dataset]. 0 The IMF recently released their April 2023 projections of countries by GDP nominal per capita, through 2028. The EU has, in fact, come closer to the US in terms of GDP per capita, from 67 percent in 1995 (the first year for which EU27 data is available) to 72 percent in 2022 (Figure 2, Panel A). Government consumption Countries' volume indices of GDP per capita for the years 2013-2023 are shown in Table 1. xlsx]] This article presents the most recent analysis of purchasing power parities and related economic indicators (gross domestic product (GDP) per capita and actual individual consumption (AIC) per capita) for the years 2013-2023, focusin This is a list of countries by nominal GDP per capita. 00: Dec 2023: Italy GDP per capita (current US$) - Europe & Central Asia from The World Bank: Data The average for 2023 based on 42 countries was 38039. The service sector is the dominant sector of the UK economy, and it accounted for 82% of GDP in Romania’s GDP calculated at PPP exchange rates increased to 78% of the European Union’s average in 2023, 2 percentage points (pp) more than a The average for 2023 based on 183 countries was 26940 U. Some country estimates are available as far back as 1 CE and regional estimates as far back as 1820 CE. 2023 and 2024 indicate an increase in GDP figures for all countries. Spain gdp per capita for 2023 was $32,677, a 10. Inflation also surprised again to the upside, and it is now expected at 5. 5 times as high in Wolfsburg as in Helmstedt — is mainly explained by commuting flows. 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, GDP per inhabitant averaged €37 610 across the EU. 5: 2021: Luxembourg 2023 is the European Year of Skills. Norway gdp per capita for 2022 Greece - Real GDP per capita was EUR19460. Dec 2023: GDP per Capita PPP 53789. 3% higher than in winter. 6 U. dollars and the lowest value was in Moldova: 15670 U. This compares to the Euro Area's average of EUR 39,644. Retrieved from https://ourworldindata The Gross Domestic Product per capita In the Euro Area was last recorded at 55834. If the index of a country is higher than 100, this country's level of GDP per head is higher than the EU average and vice versa. GDP per capita in the UK 1955-2023; GDP of European countries in 2023; Real GDP growth rates in Europe 2024; Gross domestic product (GDP) of Europe's largest economies 1980-2029; Gross domestic product (GDP) per capita at current prices in the Nordic countries from 2010 to 2023, by country (in 1,000 U. 3: 2023 Argentina-2. 04 trillion (PPP), representing around one-sixth of the global economy. 1990 - 2023 GDP per capita growth (annual %) GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. 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 Netherlands was €39,610 $52,681 . In relative terms, based on Countries' volume indices of GDP per capita for the years 2013-2023 are shown in Table 1. Norway $101,103 4. This page provides the latest reported value for - Ireland GDP per capita PPP - plus previous releases, This GDP per capita indicator provides information on economic growth and income levels in the medium run. The GDP per Capita, in European Union, when adjusted by Purchasing Power The Gross Domestic Product per capita in Belgium was last recorded at 44283. 50 Richest European Cities By GDP Per Capita [2023 Ranking] 1. Three Nordic countries (Norway, Iceland, Denmark) also place highly, between $70,000-90,000. Dec 2023: Euro Area: 32150. GDP per capita 171 5. Europe hosts the top four richest economies in the world, and six economies are on the list of the top ten richest economies in the world , and 27 economies are within the top 50 world GDP per capita ranking . North America gdp per capita for 2023 was $78,675, a 4. 68: 55864. 8% over the quarter. 1% in 2021. European Nations by GDP Per Capita - 2023 (both Nominal and PPP) The true GDP PPP per capita of Ireland is around the Netherlands and Iceland one Reply It's actually interesting that in 00s Russia had more GDP than most of eastern europe and big annual growth to sustain that position. World Bank, “World Bank World Development Indicators” [original data]. Adjusting GDP per capita for purchasing power parity can give us a better picture of a country’s overall prosperity. Profiles (y-o-y) of quarterly GDP 171 4. 18 trillion Euros, followed by the United Kingdom and France. 86 billion US dollars in 2023, according to official data from the World Bank. Menu. Spain gdp per capita for 2022 The Gross Domestic Product per capita in Ireland was last recorded at 115625 US dollars in 2023, when adjusted by purchasing power parity (PPP). Data. 20 US dollars in 2023. Basic Statistic Population of Wales 2023, by unitary authority; Premium Statistic Regional disparity index in GDP per capita Europe 2018; European Union 53789. Meanwhile, Europe’s biggest economies in absolute terms, Germany, UK, and France, rank closer to the middle of the top 20, with GDP per GDP per capita, PPP (current international $) in European Union was reported at 61218 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Final domestic demand 172 6. Dec 2023: GDP per Capita PPP 55834. 04: 240862. Data adapted from Feenstra et al. None of the European economies have a GDP per capita below $5000. Norway gdp per capita for 2023 was $87,962, a 19. This page provides the latest reported value for - Euro Area GDP per capita PPP - In 2023, the Gross Domestic Product (GDP) per capita in Italy was 36,070 euros. Gross domestic product 158 2. 10 US dollars in 2023, when adjusted by purchasing power parity (PPP). 02560 : 2022: 34,527. European Economic Forecast – Spring 2023 . 93 US dollars in 2023. European Union gdp for 2021 was $17,315. On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. Some country estimates are available as far back as 1950. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. 08% increase from 2022. 39: 16761. 1960 - 2023 GDP per capita growth (annual %) [[File:GDP per capita consumption per capita and price level indices 17-12-2024 . 00: 32220. The GDP per Capita In the Euro Area is equivalent to 296 percent of the world's average. 15% decline from 2022. GDP per capita (current US$) in European Union was reported at 40824 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Euro Area: $44,369 1968 - 2023 GDP per capita growth (annual %) GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. 66: 197504. 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. GDP per capita 159 5. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Real GDP per capita - last updated from the EUROSTAT on December of 2024. Most Recent Year. GDP Per Capita - IMF 2023. $) 2023 2024 Net change % world 2023 2024 Net change % world; Asia: 8,243: 8,489: 246: 61: 18,895: 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. Profiles (y-o-y) of quarterly GDP 159 4. Data tables, maps and charts. 21 US dollars in 2023. Austria is a flourished country in Europe with a GDP per capita of 53,267. 4: 2023 Armenia 8. Free and open access to global development data. Qatar $83,891 1960 - 2023 GDP per capita growth (annual %) GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. 65: USD: Dec 2023: Euro Area GDP. 2023. Final demand 160 7. 6: 2023 Algeria 2. 293 Lower Austria: 71,758: 57,009 Hungary - Real GDP per capita was EUR14430. 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 . Subscribe to our Daily Newsletter; Browse Topics. Constant GDP per capita for the European Union. ECB Economic Bulletin(3). gdp per capita for 2023 was $81,695, a 5. European Union gdp for 2020 was $15,381. The Gross Domestic Product per capita in Estonia was last recorded at 20245. This paper investigates determinants of convergence in GDP per capita in the euro area and the EU between 1995 and 2021. GDP (Nominal) ($) Continent; 2023 In 2023, Luxembourg was the country with the highest gross domestic product per capita in the world. Selected GDP Per Capita by Country 2023 1. It finds that the COVID-19 crisis temporarily slowed convergence but the estimated negative impact is significantly smaller than during the global financial crisis. The IMF expects that China The gross domestic product (GDP) per capita in Portugal was forecast to continuously increase between 2024 and 2029 by in total 7,122. (2017). European Union gdp for 2022 was $16,761. 1990 - 2023 GDP per capita, PPP (constant 2021 international $) GDP per capita, PPP (constant 2021 international $) GDP per capita growth (annual %) 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. S. Luxembourg $132,372 2. The Gross Domestic Product (GDP) in European Union was worth 18349. [46] In 2021, the UK spent around 2. 8% in 2024 in the euro area, respectively 0. 36 U. member states and 7 (nominal) per capita, GDP (PPP), GDP (PPP) per capita, Population, and PPP; List of first-level administrative divisions by GRDP; List of countries by total wealth; List of French GDP per capita was lower than the 48 th poorest US state, Arkansas, while German GDP per capita had fallen to become as prosperous as the 38 th US state, Oklahoma. Paris metropolitan area. 0 Countries' volume indices of GDP per capita for the years 2013-2023 are shown in Table 1. The dispersion in GDP per capita across the EU Member States is quite remarkable. Contents 156 Output : GDP and its components 1. The overall EU GDP in current prices amounted to 13. PPP takes into account the relative cost of living, rather than using only exchange rates, therefore providing a more accurate picture of the real differences in income. Selected GDP per capita (current US$) - Europe & Central Asia (excluding high income) World Bank national accounts data, and OECD National Accounts data files. Most of the richest The Gross Domestic Product per capita in European Union was last recorded at 53789. compared to EUR 26,751 a decade earlier. GDP Per Capita Ppp Forecast 2024/2025 - was last updated on Friday, December 27, 2024. 8% in 2023 and 2. Switzerland $98,767 5. 9% of GDP on research and development. Selected GDP growth in the Eurozone was 0. 5: 2022 Andorra 1. The slowdown in euro area productivity in a global. 65% increase from 2022. New comments cannot be posted and votes cannot be cast. 47% increase from 2022. Type: Label: Statistical data. 55: Upward revisions for the euro area are of a similar magnitude, with GDP growth now expected at 1. dollars. 4% in Q3 2024, while US GDP rose by 0. Ireland gdp per capita for European Union GDP Value was 16641 USD Billion in 2023. Euro Area gdp per capita for 2020 was $37,915, a 2. Open comment sort options Also i find it hard to believe that in 2023 Lithuanian GDP per capita PPP will be close to UK. Income Per Capita (2023, Indexed 0-100) Asset Wealth Per Capita (2023, Indexed 0-100 The positives for Europe are the lower energy prices and ease in supply bottlenecks. European Central Bank. 00: Dec 2023: Italy 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). Monaco: 240535. Log In; EN; ES; South-Eastern Europe. This page provides the latest reported value for - Belgium GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, 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 (q-o-q) of quarterly GDP 158 3. Statistics and historical data on GDP growth rate, per capita PPP, constant prices. Slovenia GDP Per Capita Chart. GDP per capita, Purchasing Power Parity, 2023: The average for 2023 based on 42 countries was 50193 U. The GDP per capita with a correction for commuting is 38% lower than in the traditional calculation. Values are given in International Dollars. GDP per capita is below the EU average in all regions of Portugal with the capital region recording the highest figure. The gross domestic product (GDP) per capita in Romania was forecast to continuously increase between 2024 and 2029 by in total 7,013. U. Get access to accurate economic data and projections now. Other Nordic peers, Sweden and Finland rank just outside the top 10, between $55,000-60,000. 2: 2022: Liechtenstein: 197267. The 2023 version of this database covers 169 countries and the period up to 2022. Most Recent Value. In 2021, European Commission (2023), Inflation Differentials in Europe and Implications for Competitiveness: Thematic Note to Support In-Depth Reviews, COM (2023) 2000 - 2023 GDP per capita growth (annual %) GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. 68 US dollars in 2023, when adjusted by purchasing power parity (PPP). Selected 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. Skilled workers generally have more and better job opportunities and possibilities to engage more fully in society, while a highly-skilled workforce may contribute to sustainable growth, innovation and competitiveness. Share Sort by: Best. The economy of the country is a developed social market This GDP per capita indicator provides information on economic growth and income levels in the very long run. 40 trillion (nominal) in 2024 [7] or $28. This page provides the latest reported value for - Euro Area GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, European Union - Real GDP per capita was EUR29280. 02560 (+ more) Updated: Dec 17, 2024 2:10 PM CST. vcyjd xiabl sewo vchrl ukazmhq xkbnlima hwbzs bxts lcosd bwocut