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List of European countries by GDP

Source International Monetary Fund World Economic Outlook (October - 2025)
Date11 Nov 2025
Top Statistics
IPL 2025
List of continents by gdp per capita
Top 10 largest economies by GDP
  • See Also:
  • » European countries by GDP per capita
  • » European countries by Population
  • » European Union countries by GDP
  • » Asian countries by GDP
  • » African countries by GDP
  • » North American countries by GDP
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Germany is the largest economy in Europe, followed by the United Kingdom, France, Italy, and Russia. These five together hold a 58.75% share of the European economy. The top ten European economies represent almost 79% share. San Marino is the smallest economy in Europe.

Nine economies in Europe would have a GDP above $1 trillion, and 24 would have an economy above $100 billion. Five European economies are on the list of the top ten largest economies globally, and nineteen economies are within the top 50 world GDP rankings.

The nominal GDP of all 43 European economies would increase in 2025 compared to 2024. With $367 billion, Russia will be the top contributor, followed by Germany ($329 bn) and the United Kingdom ($314 bn). Russia, San Marino, and Andorra are the three decliners. Poland and Croatia will move ahead to Switzerland and Luxembourg, respectively.

In PPP data, the five largest economies of Europe are Russia, Germany, France, the United Kingdom, and Italy. Eight economies would have a GDP above Int. $1 trillion in 2025, and 30 would have an economy above Int. $100 billion. Four European economies are in the top ten list, and seventeen economies are within the top 50 world GDP rankings.

None of the European economies would see a decrease in 2025 compared to 2024. Russia (Int. $212 bn), the United Kingdom (Int. $162 bn), Germany (Int. $158 bn), Spain (Int. $145 bn), and France (Int. $137 bn) would be the top gainers. Ireland and Kosovo will move ahead to Sweden and Iceland, respectively.

Forty economies have higher GDP on a PPP basis, and two have higher on a nominal basis. Belarus has the highest PPP-to-nominal ratio of 3.611, while Iceland has the lowest figure of 0.820.

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  • Nominal
  • Change in Nominal
GDP (Nominal)
Country/Economy GDP (billions of $) Share (%) Rank
20242025ChangeEuropeWorld EuropeWorld
Albania30.27933.3333.0540.1010.026435118
Andorra, Principality of4.4914.8790.3880.01490.0038642165
Austria579.928623.71943.7911.910.4941329
Belarus, Republic of92.766102.0429.2760.2890.08082982
Belgium724.917776.73051.8132.420.6151024
Bosnia and Herzegovina32.96236.7713.8090.1120.029134113
Bulgaria131.024148.12117.0970.4310.1172464
Croatia, Republic of106.055116.57410.5190.3500.09232574
Czech Republic389.020432.59743.5771.290.3431742
Denmark461.718503.77242.0541.550.3991538
Estonia, Republic of47.00451.6344.6300.1580.040932101
Finland316.860337.66920.8091.060.2671950
France3,368.9253,596.094227.16911.32.8537
Germany5,048.0595,452.858404.79916.94.3213
Greece280.476307.55427.0780.9510.2442052
Hungary246.891271.12224.2310.8360.2152155
Iceland38.58343.8005.2170.1290.034733106
Ireland718.140779.38161.2412.390.6171123
Italy2,550.1112,738.164188.0538.582.1748
Kosovo, Republic of12.44914.0531.6040.04270.011139150
Latvia, Republic of48.59153.6865.0950.1610.04253198
Liechtenstein, Principality of8.9919.4420.4510.03180.0074840154
Lithuania, Republic of94.927105.90710.9800.3210.08392881
Luxembourg101.100110.4179.3170.3390.08742678
North Macedonia, Republic of19.14221.6052.4630.06330.017138135
Malta27.75630.7122.9560.09360.024336121
Moldova, Republic of20.34221.8891.5470.06620.017337134
Montenegro9.22810.2270.9990.03150.0081041153
Netherlands, The1,332.2401,449.704117.4644.451.15718
Norway530.756599.40668.6501.740.4751431
Poland, Republic of1,035.5861,134.24898.6623.510.898821
Portugal346.412380.63734.2251.140.3011847
Romania427.941480.83452.8931.430.3811639
Russian Federation2,587.9382,656.45268.5148.572.1059
San Marino, Republic of2.2512.4170.1660.007560.0019143176
Serbia, Republic of99.953112.02512.0720.3370.08872776
Slovak Republic154.442168.89714.4550.5210.1342362
Slovenia, Republic of79.60386.7327.1290.2670.06873086
Spain1,903.8262,091.222187.3966.381.66614
Sweden668.999760.48191.4822.230.6021225
Switzerland1,043.5441,146.911103.3673.380.908920
Ukraine212.927225.33712.4100.7070.1782257
United Kingdom4,003.0224,264.794261.77213.43.3825
Europe 27,177.895 29,649.604 2,471.709 25.31
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  • PPP
  • Change in PPP
GDP (PPP)
Country/Economy GDP (billions of Int. $) Share (%) Rank PPP/Nom
20242025ChangeEuropeWorld EuropeWorld
Albania63.33167.3664.0350.1430.0302341282.021
Andorra, Principality of6.6016.9320.3310.01470.00311421721.421
Austria696.205721.03324.8281.570.32414451.156
Belarus, Republic of309.278322.02012.7420.7070.14523673.156
Belgium905.616937.71932.1032.060.42110401.207
Bosnia and Herzegovina78.84982.8924.0430.1800.0372321142.254
Bulgaria268.150283.48115.3310.6070.12724731.914
Croatia, Republic of199.868211.01611.1480.4530.094727821.810
Czech Republic656.909690.82333.9141.490.31016471.597
Denmark515.940541.33525.3951.160.24319551.075
Estonia, Republic of67.77370.7112.9380.1540.0317331201.369
Finland372.039386.70314.6640.8520.17422611.145
France4,563.2304,734.241171.01110.32.13391.316
Germany6,181.0736,408.420227.34714.02.88261.175
Greece466.562488.57722.0151.070.21920561.589
Hungary461.159482.25621.0971.050.21621571.779
Iceland31.41332.9281.5150.07180.0148391500.752
Ireland838.953884.69945.7461.850.39712411.135
Italy3,744.5693,871.906127.3378.491.745121.414
Kosovo, Republic of32.18534.2002.0150.07340.0154381482.434
Latvia, Republic of80.95285.1184.1660.1880.0382311121.585
Liechtenstein, Principality of7.9398.1330.1940.01870.00365411670.861
Lithuania, Republic of167.134176.9299.7950.3770.079428881.671
Luxembourg104.319109.0164.6970.2380.0489301030.987
North Macedonia, Republic of54.04357.3153.2720.1220.0257351322.653
Malta44.30547.2602.9550.1010.0212371371.539
Moldova, Republic of47.26049.5372.2770.1060.0222361362.263
Montenegro21.45622.6891.2330.04900.0102401542.219
Netherlands, The1,529.0141,592.20663.1923.460.7158291.098
Norway626.700654.16027.4601.370.29417491.091
Poland, Republic of2,036.3112,164.271127.9604.610.9727211.908
Portugal541.374567.63226.2581.220.25518521.491
Romania917.550950.38432.8342.100.4279381.977
Russian Federation7,236.6017,525.159288.55816.33.38142.833
San Marino, Republic of2.8803.0010.1210.006500.00135431801.242
Serbia, Republic of214.005226.37612.3710.4880.10226802.021
Slovak Republic258.421267.4208.9990.5890.12025761.583
Slovenia, Republic of123.423129.4986.0750.2810.058129981.493
Spain2,835.7642,977.960142.1966.461.346151.424
Sweden790.912829.53938.6271.780.37213421.091
Switzerland921.478960.59939.1212.010.43111370.838
Ukraine690.538724.52733.9891.570.32515443.215
United Kingdom4,553.1054,720.863167.75810.22.124101.107
Europe 42,241.797 43,812.790 1,570.993 20.97 1.478
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