List of European countries by GDP per capita
Source | International Monetary Fund World Economic Outlook (April-2024) |
Date | 30 Aug 2024 |
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Luxembourg is the richest economy in Europe, followed by Ireland and Switzerland. These three have a GDP per capita of above 100k US dollars. Fourteen economies would have per capita GDP above $50,000, and thirty-five would have above $10,000. Ukraine is the poorest economy in Europe. None of the European economies have a GDP per capita below $5000.
In 2024, Belgium would surpass Finland. 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. Only two economies are out of the top 100 lists.
Out of 42 economies, two European economies would see a decrease in 2024 compared to 2023. Norway will add $6,921 in 2024, followed by Switzerland ($5,256), and Iceland ($4,596). The Czech Republic and Belarus are the two decliners.
In PPP data, Luxembourg and Ireland have GDP per capita of above 100k Int. Dollars. Twenty-two economies would have per capita GDP above Int. $50,000, and all economies have above Int. $15,000. Five European economies are in the list of the top ten richest economies globally, and 28 economies are within the top 50 world GDP per capita ranking. Austria and Malta would overtake Sweden and Germany in 2024. Ukraine is the poorest economy in Europe in terms of PPP.
Out of 42 economies, none of the European economies would see a decrease in 2024 compared to 2023. Malta will add Int. $4,451 in 2024, followed by Denmark (Int. $3,184) and Ireland (Int. $2,980).
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- Nominal
- Change in Nominal
Country/Economy | GDP per capita ($) | % of | Rank | ||||
---|---|---|---|---|---|---|---|
2023 | 2024 | Change | Europe | World | Europe | World | |
Albania | 8,299 | 9,598 | 1,299 | 26 | 69.3 | 36 | 84 |
Andorra | 43,810 | 45,279 | 1,469 | 123 | 327 | 16 | 26 |
Austria | 56,856 | 58,669 | 1,812 | 160 | 424 | 9 | 14 |
Belarus | 7,822 | 8,008 | 186 | 22 | 57.9 | 39 | 94 |
Belgium | 53,854 | 56,129 | 2,275 | 153 | 405 | 11 | 16 |
Bosnia and Herzegovina | 7,810 | 8,221 | 411 | 22 | 59.4 | 38 | 91 |
Bulgaria | 15,765 | 17,069 | 1,305 | 47 | 123 | 32 | 65 |
Croatia | 21,521 | 23,380 | 1,860 | 64 | 169 | 30 | 54 |
Czech Republic | 31,630 | 31,366 | -265 | 86 | 227 | 22 | 42 |
Denmark | 68,619 | 69,273 | 654 | 189 | 500 | 6 | 10 |
Estonia | 30,138 | 31,531 | 1,393 | 86 | 228 | 21 | 41 |
Finland | 53,131 | 54,774 | 1,643 | 149 | 396 | 13 | 18 |
France | 46,305 | 48,012 | 1,707 | 131 | 347 | 15 | 24 |
Germany | 53,565 | 55,521 | 1,956 | 151 | 401 | 12 | 17 |
Greece | 22,880 | 24,342 | 1,461 | 66 | 176 | 26 | 49 |
Hungary | 22,132 | 23,881 | 1,750 | 65 | 173 | 28 | 52 |
Iceland | 83,485 | 85,787 | 2,302 | 234 | 620 | 5 | 7 |
Ireland | 103,466 | 103,500 | 34 | 282 | 748 | 3 | 3 |
Italy | 39,012 | 40,287 | 1,275 | 110 | 291 | 18 | 28 |
Kosovo | 5,922 | 6,334 | 412 | 17 | 45.8 | 41 | 108 |
Latvia | 23,176 | 24,223 | 1,047 | 66 | 175 | 27 | 50 |
Lithuania | 26,998 | 28,713 | 1,715 | 78 | 207 | 24 | 46 |
Luxembourg | 129,810 | 135,321 | 5,511 | 369 | 978 | 1 | 1 |
North Macedonia | 8,063 | 8,659 | 596 | 24 | 62.6 | 37 | 88 |
Malta | 41,205 | 44,140 | 2,935 | 120 | 319 | 17 | 27 |
Moldova | 6,642 | 7,368 | 727 | 20 | 53.2 | 40 | 100 |
Montenegro | 11,696 | 12,802 | 1,106 | 35 | 92.5 | 34 | 75 |
Netherlands | 64,829 | 67,984 | 3,155 | 185 | 491 | 7 | 11 |
Norway | 87,703 | 90,434 | 2,731 | 247 | 653 | 4 | 4 |
Poland | 22,086 | 23,563 | 1,477 | 64 | 170 | 29 | 53 |
Portugal | 27,835 | 29,341 | 1,506 | 80 | 212 | 23 | 44 |
Romania | 18,425 | 20,089 | 1,664 | 55 | 145 | 31 | 59 |
Russia | 13,739 | 14,953 | 1,214 | 41 | 108 | 33 | 68 |
San Marino | 58,249 | 59,841 | 1,591 | 163 | 432 | 8 | 13 |
Serbia | 11,352 | 12,514 | 1,162 | 34 | 90.4 | 35 | 78 |
Slovak Republic | 24,468 | 26,290 | 1,822 | 72 | 190 | 25 | 47 |
Slovenia | 32,673 | 34,544 | 1,871 | 94 | 250 | 20 | 36 |
Spain | 33,896 | 35,789 | 1,893 | 98 | 259 | 19 | 34 |
Sweden | 55,433 | 57,213 | 1,779 | 156 | 413 | 10 | 15 |
Switzerland | 101,510 | 106,098 | 4,588 | 289 | 766 | 2 | 2 |
Ukraine | 5,241 | 5,505 | 264 | 15 | 39.8 | 42 | 115 |
United Kingdom | 49,648 | 52,423 | 2,776 | 143 | 379 | 14 | 22 |
Europe | 34,958 | 36,677 | 1,719 | 264.97 |
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- PPP
- Change in PPP
Country/Economy | GDP per capita (Int. $) | % of | Rank | PPP/Nom | ||||
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2023 | 2024 | Change | Europe | World | Europe | World | ||
Albania | 20,018 | 21,377 | 1,358 | 38 | 87.4 | 39 | 91 | 2.227 |
Andorra | 67,396 | 68,612 | 1,216 | 120 | 280 | 14 | 24 | 1.515 |
Austria | 71,988 | 73,051 | 1,062 | 128 | 299 | 10 | 19 | 1.245 |
Belarus | 30,115 | 32,098 | 1,983 | 56 | 131 | 34 | 67 | 4.008 |
Belgium | 71,035 | 73,222 | 2,186 | 128 | 299 | 9 | 18 | 1.305 |
Bosnia and Herzegovina | 20,431 | 21,498 | 1,067 | 38 | 87.9 | 38 | 88 | 2.615 |
Bulgaria | 36,861 | 39,185 | 2,324 | 69 | 160 | 33 | 60 | 2.296 |
Croatia | 46,005 | 48,811 | 2,806 | 86 | 199 | 25 | 46 | 2.088 |
Czech Republic | 55,207 | 56,686 | 1,480 | 99 | 232 | 19 | 34 | 1.807 |
Denmark | 80,211 | 83,454 | 3,244 | 146 | 341 | 5 | 10 | 1.205 |
Estonia | 47,128 | 48,008 | 880 | 84 | 196 | 26 | 47 | 1.523 |
Finland | 63,559 | 64,657 | 1,099 | 113 | 264 | 16 | 27 | 1.180 |
France | 63,881 | 65,940 | 2,060 | 116 | 269 | 15 | 25 | 1.373 |
Germany | 69,532 | 70,930 | 1,399 | 124 | 290 | 13 | 22 | 1.278 |
Greece | 40,048 | 42,066 | 2,018 | 74 | 172 | 32 | 53 | 1.728 |
Hungary | 44,961 | 46,807 | 1,846 | 82 | 191 | 29 | 50 | 1.960 |
Iceland | 78,250 | 78,808 | 558 | 138 | 322 | 8 | 14 | 0.919 |
Ireland | 126,992 | 127,750 | 758 | 224 | 522 | 2 | 4 | 1.234 |
Italy | 59,165 | 60,993 | 1,828 | 107 | 249 | 18 | 32 | 1.514 |
Kosovo | 15,864 | 16,852 | 988 | 30 | 68.9 | 42 | 104 | 2.661 |
Latvia | 41,938 | 43,527 | 1,589 | 76 | 178 | 31 | 52 | 1.797 |
Lithuania | 51,129 | 53,624 | 2,494 | 94 | 219 | 22 | 38 | 1.868 |
Luxembourg | 148,694 | 151,146 | 2,452 | 265 | 618 | 1 | 1 | 1.117 |
North Macedonia | 25,718 | 26,912 | 1,194 | 47 | 110 | 37 | 77 | 3.108 |
Malta | 69,182 | 72,942 | 3,760 | 128 | 298 | 11 | 20 | 1.653 |
Moldova | 17,320 | 18,524 | 1,204 | 33 | 75.7 | 41 | 99 | 2.514 |
Montenegro | 30,007 | 31,858 | 1,851 | 56 | 130 | 35 | 69 | 2.488 |
Netherlands | 79,586 | 81,495 | 1,908 | 143 | 333 | 6 | 11 | 1.199 |
Norway | 100,154 | 103,446 | 3,292 | 182 | 423 | 3 | 6 | 1.144 |
Poland | 48,799 | 51,629 | 2,829 | 91 | 211 | 23 | 42 | 2.191 |
Portugal | 47,226 | 49,237 | 2,010 | 86 | 201 | 24 | 45 | 1.678 |
Romania | 44,974 | 47,204 | 2,230 | 83 | 193 | 28 | 49 | 2.350 |
Russia | 44,512 | 47,299 | 2,787 | 83 | 193 | 27 | 48 | 3.163 |
San Marino | 78,122 | 80,305 | 2,183 | 141 | 328 | 7 | 12 | 1.342 |
Serbia | 27,183 | 29,039 | 1,856 | 51 | 119 | 36 | 72 | 2.321 |
Slovak Republic | 43,556 | 45,632 | 2,076 | 80 | 186 | 30 | 51 | 1.736 |
Slovenia | 53,632 | 55,684 | 2,052 | 98 | 228 | 20 | 35 | 1.612 |
Spain | 52,908 | 55,089 | 2,181 | 97 | 225 | 21 | 36 | 1.539 |
Sweden | 70,047 | 71,731 | 1,684 | 126 | 293 | 12 | 21 | 1.254 |
Switzerland | 93,055 | 95,837 | 2,782 | 168 | 392 | 4 | 7 | 0.903 |
Ukraine | 18,270 | 19,603 | 1,334 | 34 | 80.1 | 40 | 96 | 3.561 |
United Kingdom | 60,735 | 62,574 | 1,838 | 110 | 256 | 17 | 31 | 1.194 |
Europe | 54,836 | 56,987 | 2,151 | 232.89 |