Financial and social rankings of sovereign states in Europe

The aim of this page is to act as a comparison between the sovereign states of Europe regarding economic, financial and social factors.

Map of Europe according to the United Nations geoscheme for Europe

Definition of EuropeEdit

For the purposes of comparison the broader definition of Europe will be used. A sovereign state must meet at least one of the following criteria to be included:

EconomicEdit

Countries by GDP (nominal)Edit

 
Volkswagen AG's headquarters in Wolfsburg is the base for Germany's largest company by revenue
 
London is considered (along with New York City) to be the world's leading financial capital.
 
European countries by share of total Europe's Nominal GDP

Data provided is by the International Monetary Fund (2020)[1]

Rank Country GDP (Millions of US$)
1   Germany 3,930,000
2   France 2,771,000
3   United Kingdom 2,716,000
4   Italy 2,050,000
5   Russia 1,520,000
6   Spain 1,420,000
7   Netherlands 853,806
8   Turkey 766,428
9    Switzerland 650,431
10   Sweden 558,949
11   Poland 517,705
12   Norway 512,581
13   Austria 512,275
14   Belgium 512,062
15   Denmark 330,614
16   Finland 267,412
17   Greece 241,796
18   Ireland 232,150
19   Portugal 220,062
20   Romania 197,004
21   Czech Republic 193,500
22   Ukraine 178,313
23   Hungary 132,260
24   Slovakia 95,805
25   Azerbaijan 73,537
26   Belarus 71,710
27   Luxembourg 60,402
28   Croatia 57,371
29   Bulgaria 53,046
30   Slovenia 48,005
31   Lithuania 46,507
32   Serbia 42,492
33   Latvia 30,953
34   Estonia 24,888
35   Cyprus 21,919
36   Bosnia and Herzegovina 17,828
37   Georgia 16,162
38   Iceland 14,656
39   Albania 12,724
40   Armenia 13,302
41   North Macedonia 11,238
42   Malta 9,545
43   Moldova 7,935
44   Monaco 6,075[n 1]
45   Liechtenstein 4,826[n 1]
46   Montenegro 4,377
47   Andorra 3,712[n 1]
48   San Marino 1,805

GDP growth rateEdit

 
Sweden is possibly the only developed European economy which is seen to continually grow
 
Azerbaijan is among the fastest growing economies in Europe, in part due to the country's growing energy sector
 
The economy of Cyprus continues to struggle as a result of the ongoing Eurozone crisis and the resulting Cypriot financial crisis

The real GDP growth rates provided are the 2015 estimates (unless otherwise indicated) as recorded in the CIA World Factbook.[2]

Rank Country Real GDP growth rate (%)
1   Monaco 9.30 (2013 est.)
2   Ireland 7.80
3   Malta 5.40
4   Luxembourg 4.50
5   Czech Republic 4.20
6   Montenegro 4.10
7   Sweden 4.10
8   Iceland 4.00
9    Vatican City 3.80
10   Romania 3.70
11   North Macedonia 3.70
12   Slovakia 3.60
13   Poland 3.60
14   Spain 3.20
15   Armenia 3.00
16   Bulgaria 3.00
17   Slovenia 2.90
18   Hungary 2.90
19   Bosnia and Herzegovina 2.80
20   Georgia 2.80
21   Latvia 2.70
22   Albania 2.60
23   United Kingdom 2.20
24   Netherlands 1.90
25   Liechtenstein 1.80
26   Lithuania 1.60
27   Norway 1.60
28   Cyprus 1.60
29   Croatia 1.60
30   Germany 1.50
31   Portugal 1.50
32   Belgium 1.40
33   Denmark 1.20
34   France 1.10
35   Estonia 1.10
36   Azerbaijan 1.10
37   San Marino 1.00
38    Switzerland 0.90
39   Austria 0.90
40   Italy 0.80
41   Serbia 0.70
42   Finland 0.40
43   Greece -0.20
44   Moldova -1.10
45   Andorra -1.60
46   Russia -3.70
47   Belarus -3.90
48   Ukraine -9.90

GDP (nominal) per capita of sovereign states in EuropeEdit

 
Monaco is home to one of the world's wealthiest populations, and has the highest level of GDP per capita in Europe
 
Like Monaco, the small size of Liechtenstein has led to it being among the highest ranked European states for GDP per capita
 
Luxembourg is home to an established financial sector as well as one of Europe's richest populations
 
Despite having the highest GDP growth rate in Europe, Moldova is among its poorest states, and also has Europe's smallest GDP per capita
Rank in Europe Country US$
1   Luxembourg 104,103
2    Switzerland 80,190
3   Norway 75,505
4   Iceland 70,057
5   Ireland 77,450
6   Denmark 56,308
7   Sweden 53,442
8   San Marino 49,664
9   Netherlands 48,223
10   Austria 47,291
11   Finland 45,703
12   Germany 44,470
13   Belgium 43,324
14   France 40,043
15   United Kingdom 39,720
16   Andorra 39,147
17   Italy 31,953
18   Spain 28,157
19   Malta 26,946
20   Cyprus 25,234
21   Slovenia 23,597
22   Portugal 21,136
23   Czech Republic 20,368
24   Estonia 19,705
25   Greece 18,613
26   Slovakia 17,605
27   Lithuania 16,681
28   Latvia 15,594
29   Hungary 14,225
30   Poland 13,454
31   Croatia 13,295
32   Romania 10,814
33   Russia 10,743
  World 10,714
34   Turkey 10,541
35   Bulgaria 8,032
36   Montenegro 7,670
37   Serbia 5,900
38   Belarus 5,726
39   North Macedonia 5,443
40   Bosnia and Herzegovina 5,181
41   Albania 4,538
  Kosovo 3,894
42   Ukraine 2,640
43   Moldova 2,290

GDP Purchasing Power Parity (PPP)Edit

 
Madrid is the financial capital of Spain, and one of the most important financial centres in Europe

Data provided is by the International Monetary Fund (2018)[3]

Rank Country GDP (Billions of US$)
1   Germany 4,342.9
2   Russia 4,227.4
3   France 3,040.4
4   United Kingdom 3,038.8
5   Italy 2,399.7
6   Turkey 2,299.7
7   Spain 1,865.9
8   Poland 1,215.4
9   Netherlands 970.5
10    Switzerland 551.5
11   Belgium 550.8
12   Sweden 548.8
13   Romania 516.3
14   Austria 463.5
15   Czech Republic 396.1
16   Norway 395.8
17   Ukraine 390.4
18   Ireland 389.0
19   Portugal 333.1
20   Greece 312.2
21   Hungary 312.0
22   Denmark 302.2
23   Finland 256.8
24   Slovakia 191.2
25   Belarus 189.2
26   Azerbaijan 179.1
27   Bulgaria 162.1
28   Serbia 122.7
29   Croatia 107.3
30   Lithuania 97.0
31   Slovenia 75.9
32   Luxembourg 64.0
33   Latvia 57.8
34   Bosnia and Herzegovina 47.5
35   Estonia 45.4
36   Georgia 42.6
37   Albania 38.3
38   North Macedonia 32.6
39   Cyprus 34.5
40   Armenia 30.5
41   Moldova 25.8
43   Malta 21.4
42   Iceland 19.4
44   Montenegro 11.9
45   Monaco 5.74 (2011 est.)[n 2]
46   Liechtenstein 3.20 (2009 est.)[n 2]
47   Andorra 3.16 (2012 est.)[n 2]
48   San Marino 2.01

Net National WealthEdit

European countries by total wealthEdit

 
European countries by total wealth(billions USD), Credit Suisse 2018
List by Credit Suisse (2018)[4]
Rank Country Total wealth
(billions USD)
Europe 85,402
1   Germany 14,499
2   France 14,234
3   United Kingdom 14,209
4   Italy 10,569
5   Spain 7,152
6    Switzerland 3,611
7   Netherlands 3,357
8   Belgium 2,776
9   Russia 2,240
10   Sweden 1,920
11   Austria 1,637
12   Denmark 1,276
13   Norway 1,181
14   Greece 975
15   Poland 974
16   Portugal 916
17   Ireland 806
18   Finland 697
19   Czech Republic 524
20   Romania 317
21   Hungary 294
22   Luxembourg 188
23   Slovakia 151
24   Bulgaria 138
25   Iceland 138
26   Slovenia 133
27   Croatia 120
28   Cyprus 91
29   Serbia 73
30   Estonia 60
31   Lithuania 57
32   Ukraine 55
33   Latvia 53
34   Malta 49
35   Bosnia and Herzegovina 40
36   Albania 37
37   North Macedonia 20
38   Montenegro 12
39   Belarus 11
40   Moldova -

FinancialEdit

Current account balanceEdit

The current account balance values provided are the 2013 figures (unless otherwise indicated) as recorded in the CIA World Factbook.[5] Figures for Andorra, Liechtenstein, Monaco and San Marino are unavailable.

Rank Country Current Account Balance (US$)
1   Germany 257,100,000,000
2   Russia 74,800,000,000 (2012 est.)
3   Norway 67,400,000,000
4   Netherlands 65,870,000,000
5    Switzerland 65,600,000,000
6   Sweden 39,000,000,000
7   Denmark 19,600,000,000
8   Azerbaijan 13,280,000,000
9   Austria 10,600,000,000
10   Ireland 7,300,000,000
11   Slovakia 3,315,000,000
12   Slovenia 2,954,000,000
13   Luxembourg 2,700,000,000
14   Spain 2,100,000,000
15   Greece 2,021,000,000
16   Hungary 1,722,000,000
17   Portugal 1,000,000,000
18   Malta 133,100,000
19   Iceland -100,000,000
20   Croatia -102,300,000
21   Bulgaria -182,300,000
22   North Macedonia -194,100,000
23   Estonia -352,300,000
24   Cyprus -358,200,000
25   Moldova -507,700,000
26   Lithuania -567,000,000
27   Latvia -613,900,000
28   Armenia -720,600,000
29   Bosnia and Herzegovina -939,500,000
30   Albania -1,280,000,000
31   Georgia -1,375,000,000
32   Serbia -1,807,000,000
33   Montenegro -1,938,000,000 (2012 est.)
34   Romania -1,986,000,000
35   Finland -2,000,000,000
36   Italy -2,400,000,000
37   Czech Republic -3,270,000,000
38   Belarus -4,245,000,000
39   Belgium -9,100,000,000
40   Poland -11,060,000,000
41   Ukraine -11,920,000,000
42   France -58,970,000,000
43   United Kingdom -93,600,000,000

Public debtEdit

The public debt values provided are the 2013 figures (unless otherwise indicated) as recorded in the CIA World Factbook.[6] Figures for Liechtenstein and Monaco are unavailable.

Rank Country Public Debt (% of GDP)
1   Greece 175.00
2   Italy 133.00
3   Iceland 130.50
4   Portugal 127.80
5   Cyprus 113.10
6   Belgium 102.40
7   Spain 93.70
8   France 93.40
9   United Kingdom 91.10
10   Germany 79.90
11   Hungary 79.80
12   Austria 75.70
13   Malta 75.30
14   Netherlands 74.30
15   Slovenia 71.70
16   Albania 70.50
17   Croatia 66.20
18   Ireland 64.80 (2019)
19   Serbia 61.20
20   Finland 56.50
21   Slovakia 55.50
22   Montenegro 52.10 (2012 est.)
23   Czech Republic 48.80
24   Poland 48.20
25   Denmark 47.00
26   Bosnia and Herzegovina 45.90
27   Sweden 41.50
28   Andorra 41.10 (2012)
29   Ukraine 40.60
30   Lithuania 40.20
31   Latvia 39.20
32   Romania 38.60
33   Armenia 37.70
34   Liechtenstein 36.60
35   Georgia 36.30 (2012 est.)
36   North Macedonia 34.30
37    Switzerland 33.80
38   Belarus 31.50
39   Norway 30.10
40   San Marino 25.80
41   Luxembourg 22.90
42   Bulgaria 18.40
43   Moldova 16.60
44   Russia 7.90
45   Azerbaijan 7.50
46   Estonia 6.00

Unemployment rateEdit

The unemployment rate values provided are the most recent figures provided by varying sources, namely data released by governments.

Rank Country Unemployment rate (%)
1   Belarus 0.5 (2013)[n 3]
2   Monaco 2.0 (2012)
3   Liechtenstein 2.5 (2011)
4   Andorra 2.9 (2013)
5    Switzerland 3.1 (2012)
6   Norway 3.4 (2014)
7   Ireland 4.6 (2019)
8   Austria 4.8 (2014)[n 4]
9   Netherlands 4.9 (2017)
10   Germany 5.1 (2014)
11   Russia 5.2 (2013)
12   Iceland 5.4 (2013)
13   Azerbaijan 5.7 (2012)
14   United Kingdom 6.0 (2014)
15   Luxembourg 6.1 (2014)
16   Czech Republic 6.7 (2014)
17   Malta 6.9 (2014)
18   Denmark 7.0 (2014)
19   San Marino 7.0 (2012)
20   Hungary 7.1 (2014)
21   Romania 7.2 (2014)
22   Sweden 8.1 (2014)
23   Finland 8.2 (2014)
24   Belgium 8.5 (2014)
25   Estonia 8.7 (2013)
26   Spain 8.8 (2014)
27   Moldova 9.1 (2010)
28   Ukraine 9.2 (2009)
29   Poland 9.7 (2014)
30   Slovenia 9.8 (2014)
31   France 10.4 (2014)
32   Lithuania 11.5 (2014)
33   Latvia 11.6 (2013)
34   Italy 12.6 (2014)
35   Bulgaria 13.1 (2014)
36   Georgia 13.7 (2014)
37   Slovakia 13.9 (2014)
38   Montenegro 15.0 (2013)
39   Cyprus 15.3 (2014)
40   Portugal 15.3 (2014)
41   Albania 16.9 (2013)
42   Armenia 17.3 (2013)
43   North Macedonia 17.4 (2019)
44   Croatia 17.6 (2014)
45   Serbia 20.8 (2014)
46   Turkey 25.6 (2014)
47   Greece 25.9 (2014)
48   Bosnia and Herzegovina 27.0 (2013)

Average wageEdit

The average wage values provided are 2018 figures (unless otherwise stated) as recorded by varying sources, namely releases by respective Governments. The values are for monthly average wage (annual wage divided by 12 months) for net income (after taxes) in Euro currency.

Rank Country Net wage (Euro €)
1   Liechtenstein 4,887
2    Switzerland 4,502
3   Monaco 4,300
4   Iceland 3,568
5   Luxembourg 3,416
6   Norway 3,395
7   Denmark 3,270
8   France 2,634
9   United Kingdom 2,583
10   Ireland 2,525
11   Finland 2,509
12   Sweden 2,458
13   Germany 2,409
14   San Marino 2,390
15   Austria 2,324
16   Andorra 2,230
17   Netherlands 2,152
18   Belgium 1,920
19   Italy 1,758
20   Spain 1,749
21   Cyprus 1,658
22   Estonia 1,105
23   Slovenia 1,083
24   Malta 1,021
25   Czechia 932
26   Portugal 925
27   Greece 890
28   Slovakia 862
29   Poland 793
30   Latvia 755
31   Lithuania 722
32   Hungary 701
33   Romania 589
34   Montenegro 512
35   North Macedonia 473
36   Russia 454
37   Bulgaria 451
38   Bosnia and Herzegovina 439
39   Serbia 426
40   Albania 393
41   Belarus 348
42   Moldova 242
43   Ukraine 228

Minimum wageEdit

The minimum wage figures provided are the 2018 figures by The Federation of International Employers. Currency conversions from non-Euro currencies being based on the exchange rates of 2018.[7]

Rank Country Monthly minimum (Euro €)
1   Luxembourg 2,049
2   San Marino 1,832
3   Monaco 1,732
4   Netherlands 1,578
5   Belgium 1,563
6   Ireland 1,563
7   Germany 1,498
8   France 1,458
9   United Kingdom 1,413
10   Spain 1,050
11   Andorra 991
12   Slovenia 886
13   Malta 761
14   Greece 758
15   Portugal 700
16   Lithuania 555
17   Estonia 540
18   Poland 524
19   Slovakia 480
20   Czechia 477
21   Croatia 462
22   Hungary 445
23   Latvia 430
24   Romania 407
25   Bulgaria 260
26   North Macedonia 239
27   Serbia 210
28   Bosnia and Herzegovina 207
29   Montenegro 193
30   Albania 179
31   Russia 139
32   Ukraine 128
33   Belarus 125
34   Moldova 124

SocialEdit

Human Development IndexEdit

The Human Development Index values provided are the 2018 estimates for 2017, as included in the United Nations Development Programme's Human Development Report.[8]

Rank Country HDI Change
1   Norway 0.953   0.002
2    Switzerland 0.944   0.001
3   Ireland 0.938   0.004
4   Germany 0.936   0.002
5   Iceland 0.935   0.002
6   Sweden 0.933   0.001
7   Netherlands 0.931   0.003
8   Denmark 0.929   0.001
9   United Kingdom 0.922   0.002
10   Finland 0.920   0.002
11   Belgium 0.916   0.001
12   Liechtenstein 0.916   0.001
13   Austria 0.908   0.002
14   Luxembourg 0.904   0.001
15   France 0.901   0.002
16   Slovenia 0.896   0.002
17   Spain 0.891   0.002
18   Czech Republic 0.888   0.003
19   Italy 0.880   0.002
20   Malta 0.878   0.003
21   Estonia 0.871   0.003
22   Greece 0.870   0.002
23   Cyprus 0.869   0.002
24   Poland 0.865   0.005
25   Andorra 0.858   0.002
26   Lithuania 0.858   0.003
27   Slovakia 0.855   0.002
28   Latvia 0.847   0.003
29   Portugal 0.847   0.002
30   Hungary 0.838   0.003
31   Croatia 0.831   0.003
32   Russia 0.816   0.001
33   Montenegro 0.814   0.004
34   Bulgaria 0.813   0.003
35   Romania 0.811   0.004
36   Belarus 0.808   0.003
37   Turkey 0.791   0.004
38   Serbia 0.787   0.002
39   Albania 0.785   0.003
40   Georgia 0.780   0.004
41   Bosnia and Herzegovina 0.768   0.002
42   Azerbaijan 0.757  
43   North Macedonia 0.757   0.001
44   Armenia 0.755   0.006
45   Ukraine 0.752   0.005
46   Moldova 0.700   0.003

Percentage living below poverty lineEdit

The percentage figures for citizens living below the poverty line are the latest available as provided by either the CIA World Factbook or the World Bank.[9][10][11] There is no data available for eleven European states.

Rank Country Percentage Year
1   Lithuania 4.0 2008
2   Norway 4.3 2007
3   Ireland 5.5 2009
4   Latvia 5.9 2004
5   Austria 6.0 2008
5   Azerbaijan 6.0 2012
7   France 6.2 2004
8    Switzerland 6.9 2010
9   Belarus 7.3 2011
10   Poland 7.6 2008
11   Ukraine 7.8 2011
12   Czech Republic 8.6 2012
13   Serbia 9.1 2013
14   Netherlands 10.5 2005
15   Montenegro 11.3 2012
16   Slovenia 12.3 2008
17   Russia 12.7 2011
18   Slovakia 13.2 2011
19   Denmark 13.4 2011
20   Hungary 13.9 2010
21   United Kingdom 14.0 2006
22   Albania 14.3 2012
23   Belgium 15.2 2007
24   Germany 15.5 2010
25   Moldova 16.6 2012
26   Turkey 16.9 2010
27   Estonia 17.5 2010
28   Georgia 17.7 2011
29   Bosnia and Herzegovina 17.9 2011
30   Croatia 18.0 2009
30   Portugal 18.0 2006
32   Spain 19.8 2005
33   Greece 20.0 2009
34   Bulgaria 20.7 2009
35   North Macedonia 21.1 2010
36   Romania 22.2 2011
37   Armenia 34.1 2009

Social Progress IndexEdit

The Social Progress Index figures are provided by the nonprofit Social Progress Imperative and represent 2014. Eight European states are not represented as data is not available.[12]

Rank Country Social Progress Index
1    Switzerland 88.19
2   Iceland 88.07
3   Netherlands 87.37
4   Norway 87.12
5   Sweden 87.08
6   Finland 86.91
7   Denmark 86.55
8   Austria 85.11
9   Germany 84.61
10   United Kingdom 84.56
11   Ireland 84.05
12   Belgium 82.63
13   Slovenia 81.65
14   Estonia 81.65
15   France 81.10
16   Spain 80.77
17   Portugal 80.49
18   Czech Republic 80.41
19   Slovakia 78.93
20   Poland 77.44
21   Italy 76.93
22   Latvia 73.91
23   Hungary 73.87
24   Lithuania 73.76
25   Greece 73.43
26   Croatia 73.31
27   Serbia 70.61
28   Bulgaria 70.24
29   Albania 69.13
30   North Macedonia 68.33
31   Romania 67.72
32   Montenegro 66.80
33   Belarus 65.20
34   Armenia 65.03
35   Bosnia and Herzegovina 64.99
36   Ukraine 64.91
37   Turkey 64.62
38   Georgia 63.94
39   Azerbaijan 62.44
40   Russia 60.79
41   Moldova 60.12

OpportunityEdit

The Opportunity figures are included in the 2014 Social Progress Index by the nonprofit Social Progress Imperative. Eight European states are not represented as data is not available.[12]

Rank Country Opportunity
1   Ireland 82.63
2   United Kingdom 82.29
3   Sweden 81.95
4   Finland 81.92
5   Iceland 81.71
6   Norway 80.82
7   Netherlands 80.63
8    Switzerland 79.92
9   Denmark 79.10
10   Belgium 76.34
11   Germany 75.81
12   Spain 75.19
13   Portugal 74.43
14   Austria 74.42
15   France 72.72
16   Estonia 72.32
17   Slovenia 69.3
18   Italy 66.58
19   Poland 66.50
20   Czech Republic 66.21
21   Hungary 63.46
22   Slovakia 63.04
23   Lithuania 61.84
24   Latvia 59.85
25   Greece 58.45
26   Bulgaria 56.98
27   Ukraine 55.33
28   North Macedonia 55.23
29   Romania 54.91
30   Croatia 54.88
31   Albania 54.14
32   Serbia 52.87
33   Montenegro 52.48
34   Georgia 49.07
35   Moldova 48.04
36   Turkey 47.41
37   Armenia 47.39
38   Bosnia and Herzegovina 46.93
39   Russia 46.58
40   Belarus 44.13
41   Azerbaijan 42.54

World Happiness ReportEdit

The World Happiness Report is a measure of happiness published by the United Nations Sustainable Development Solutions Network, with the figures provided being the 2013 edition for the 2010 to 2012 period.[13]

Rank Country Happiness Change in happiness (2005-2006)
1   Denmark 7.693   -0.233
2   Norway 7.655   0.263
3    Switzerland 7.650   0.303
4   Netherlands 7.512   0.054
5   Sweden 7.480   0.171
6   Finland 7.389   -0.283
7   Austria 7.369   0.247
8   Iceland 7.355 N/A
9   Ireland 7.076   -0.068
10   Luxembourg 7.054 N/A
11   Belgium 6.967   -0.274
12   United Kingdom 6.883   -0.003
13   France 6.764   -0.049
14   Germany 6.672   0.163
15   Cyprus 6.466   0.228
16   Spain 6.322   -0.750
17   Czech Republic 6.290   -0.180
18   Slovenia 6.060   0.249
19   Italy 6.021   -0.691
20   Slovakia 5.969   0.705
21   Malta 5.964 N/A
22   Poland 5.822   0.085
23   Moldova 5.791   0.852
24   Croatia 5.661   -0.160
25   Albania 5.550   0.915
26   Belarus 5.504   -0.133
27   Russia 5.464   0.346
28   Greece 5.435   -0.891
29   Lithuania 5.426   -0.456
30   Estonia 5.426   0.074
31   Turkey 5.344   0.171
32   Montenegro 5.299   0.103
33   Portugal 5.101   -0.305
34   Ukraine 5.057   0.032
35   Latvia 5.046   0.358
36   Romania 5.033   -0.186
37   Serbia 4.813   0.063
38   Bosnia and Herzegovina 4.813   -0.087
39   Hungary 4.775   -0.300
40   Azerbaijan 4.604   -0.045
41   North Macedonia 4.574   0.081
42   Armenia 4.316   -0.269
43   Georgia 4.187   0.496
37   Bulgaria 4.981   0.137

SummaryEdit

EconomicEdit

  •   Azerbaijan is the second fastest growing economy in Europe, and the fastest growing transcontinental economy
  •   Cyprus is the weakest growing economy in Europe, the European Union, the Eurozone and the European members of the Commonwealth of Nations
  •   France has the highest Net National Wealth of any European state
  •   Germany is the current largest economy in Europe, the European Union and the Eurozone, with Germany remaining the Eurozone's largest economy
  •   Latvia is the fastest growing economy in both the Eurozone and the European Union
  •   Luxembourg is home to the highest GDP (nominal) per capita in both the European Union and Eurozone
  •   Malta is the smallest economy in the Eurozone as well as the European Union, and is the fastest growing European economy in the Commonwealth of Nations
  •   Moldova is the fastest growing economy in Europe, but is also one of Europe's poorest countries, with the lowest GDP (nominal) per capita of any European state
  •   Monaco has the highest GDP (nominal) per capita of any European state
  •   Russia is the largest transcontinental European economy and will remain so until at least 2030
  •   San Marino is Europe's smallest economy, and is also the third weakest growing economy in Europe
  •   United Kingdom is the largest European economy in the Commonwealth of Nations, and is also the largest non Eurozone economy in Europe.

FinancialEdit

  •   Austria has the lowest unemployment rate in the European Union and the Eurozone
  •   Belarus has the lowest unemployment rate in Europe, although this figure includes underemployment
  •   Bulgaria has the smallest average wage and monthly minimum wage in the European Union
  •   Estonia has the smallest public debt (as a percentage of GDP) of any state in Europe, as well as in the European Union and Eurozone
  •   France has the largest financial deficit of any state in the Eurozone
  •   Georgia has the lowest monthly minimum wage in Europe
  •   Germany has the largest financial surplus of any country in Europe as well as the remainder of the world
  •   Greece has the highest public debt (as a percentage of GDP) of any European state, as well as having the largest unemployment rate in the European Union and Eurozone
  •   North Macedonia has the highest unemployment rate of any European state
  •   Liechtenstein has the highest average wage of any state in Europe
  •   Lithuania has the smallest average wage and monthly minimum wage in the Eurozone
  •   Luxembourg has the highest average wage in the European Union and Eurozone as well as the highest monthly minimum wage in the entirety of Europe
  •   Russia has the largest surplus of those European countries not a member of either (or both) the EU or Eurozone
  •   Ukraine has the smallest average wage in Europe, mostly as a result of ongoing political and military struggles
  •   United Kingdom has the largest deficit of any country in Europe and the European Union

SocialEdit

  •   Albania has the highest Change in Happiness of any state in Europe
  •   Armenia has the largest percentage living under the poverty line of any state in Europe
  •   Azerbaijan has the smallest rating for Opportunity in Europe
  •   Bulgaria has the lowest Human Development Index figure in the European Union, as well as the largest percentage living under the poverty line in the EU, along with ranking last on the Social Progress Index in the EU, and being ranked last on the World Happiness Index in Europe
  •   Croatia has the smallest rating for Opportunity in the European Union
  •   Denmark ranks highest on the World Happiness Report in Europe and the European Union
  •   Greece has the largest percentage living under the poverty line in the Eurozone, and is also ranked last on the Social Progress Index among Eurozone members, including for Opportunity
  •   Ireland has the highest rating for Opportunity in Europe, the European Union and the Eurozone
  •   Latvia has the weakest Human Development Index and World Happiness Index figures in the Eurozone
  •   Lithuania has the smallest percentage living below the poverty line in Europe
  •   Moldova ranks lowest on the Human Development Index and Social Progress Index in Europe
  •   Netherlands has highest Human Development Index figure in the European Union and the Eurozone, and also ranks first in the EU and Eurozone on the Social Progress Index, as well as being the highest ranked country in the Eurozone on the World Happiness Index
  •   San Marino has the highest Human Development Index figure in Europe
  •    Switzerland ranks highest in Europe on the Social Progress Index

NotesEdit

  1. ^ a b c As data by the IMF is unavailable, 2013 data by the World Bank is used.
  2. ^ a b c As data by the IMF is unavailable, the latest available data by the CIA World Factbook is used.
  3. ^ Data for Belorussian unemployment does not take into account underemployment.
  4. ^ Data for Austrian unemployment includes only those who were previously employed.

ReferencesEdit

  1. ^ "World Economic Outlook (October 2018)". Imf.org. Retrieved 24 February 2019.
  2. ^ "GDP - Real Growth Rate, 2013".
  3. ^ International Monetary Fund, World Economic Outlook Database, October 2019
  4. ^ http://publications.credit-suisse.com/tasks/render/file/index.cfm?fileid=777FDF0E-E060-F608-52DAF97E062CC35B[permanent dead link]
  5. ^ "Country Comparison - Current Account Balance, 2013".
  6. ^ "Country Comparison - Current Account Balance, 2013". Archived from the original on 15 October 2008.
  7. ^ http://appsso.eurostat.ec.europa.eu/nui/show.do?dataset=earn_mw_cur&lang=en
  8. ^ "Human Development Report 20148 – "Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience"" (PDF). HDRO (Human Development Report Office) United Nations Development Programme.
  9. ^ "World Databank". Databank.worldbank.org. Retrieved 17 November 2012.
  10. ^ Population below poverty line, The World Factbook, CIA, accessed on 25 July 2012.
  11. ^ Poverty data: Norway. Country Reports on Human Rights Practices - 2007, US Department of State; Population: Norway - CIA The World Factbook.
  12. ^ a b "Social Progress Index: Measuring National Progress". Social Progress Imperitive. Archived from the original on 17 December 2015. Retrieved 2 August 2013.
  13. ^ Helliwell, John; Layard, Richard; Sachs, Jeffrey (9 September 2013). "World Happiness Report 2013". United Nations Sustainable Development Solutions Network. Archived from the original (PDF) on 4 June 2011. Retrieved 29 June 2014. Cite journal requires |journal= (help)