List of nominal GDP for European countries in billion USD. This is a sortable list of all European countries by their gross domestic product in US dollars at market or official government exchange rates (nominal GDP). The economic and political map of Europe also includes: Turkey, Kazakhstan, Georgia, Armenia, Azerbaijan, and Kosovo of the EU average in 2016 . In 2016, regional GDP per capita, expressed in terms of purchasing power standards, ranged from 29% of the European Union (EU) in the average Bulgarian regionof Severozapaden , to 61% of the average in 1 Inner London - West in the United Kingdom. As the graph below shows, there is a considerable variation both in the. So here is the TOP 5 richest countries in Europe 2016 by GDP (Nominal). List by International Monetary Fund World Economic Outlook (October-2015). Previous Video: TOP 5 Richest Countries in Asia.
It includes all members of the EU and all other European countries with populations greater than 100K, for a total of 41 countries. The table lists GDP per capita in terms of Purchasing Power Parity (PPP) in constant 2011 international $ in order to give an, admittedly imperfect (see note below), idea of the relative standard of living in. The Republic of Ireland's Gross Domestic Product was estimated to have grown by 5.5 percent in 2019, making it the fastest growing economy in the European Union. Other countries which also grew. Latest official GDP figures published by the World Bank. Population figures based on United Nations data. World's GDP is $80,934,771,028,340 (nominal, 2017).. See also: GDP per Capit
In 2016, measured in current prices and in euros, the largest economy in the EU was Germany, followed by the UK and France. Germany also had the highest level of real GDP, followed by France and then the UK in third place. We can also compare how quickly GDP is growing in EU countries. UK real GDP grew by 1.9% in 2016, the seventh slowest in. GDP of Germany and Visegrad Group countries in 2016 GDP of Germany and Visegrad Group countries in 2016 data: Eurostat The Visegrad Group in total is only 5.4% of the entire EU economy. If she were a single country, she would not only be behind Germany, but also behind Britain, France, Italy and Spain In 2019, the gross domestic product (GDP) of the European Union (EU) stood at around €13 900 billion at current prices. In real terms, the EU's GDP in 2019 was 17% higher than its level one decade earlier. However, due to restrictions implemented across the world in 2020 to slow down the rapid spread of COVID-19, GDP is now falling sharply (see latest press release). Almost a quarter of.
In 2016, the UK was the tenth-largest exporter of goods in the world, exporting goods to 160 countries worldwide. In the 18th century, the United Kingdom was the first country to industrialize. The service sector dominates the UK economy, contributing about 80% of GDP, particularly the financial services industry GDP per capita (current US$) - Poland, Greece, Portugal, Germany, European Union from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Find Ou Overview of the EU countries. Bulgaria. Capital: Sofia; Official EU language(s): Bulgarian EU member country: since 1 January 2007; Currency: Bulgarian lev BGN.Bulgaria has committed to adopt the euro once it fulfils the necessary conditions.; Schengen: Bulgaria is currently in the process of joining the Schengen area.; Figures: Geographical size - population - gross domestic product (GDP) per. Over the last fifteen years, at the EU-28 level, defence expenditure in term of GDP s has decreased slightly from 1.5% of GDP from the first decade (years 2001 to 2011) to 1.3% in the last years (2014 to 2016). Over the same period, in the Euro area, defence expenditure drop ped from 1.3% of GDP (years 2001 to 2012) to 1.2% of GDP in 2013 to 2016 Romania was among the four European Union countries which had budget deficits equal to or higher than 3% of their gross domestic product (GDP) in 2016, according to the EU's statistical office.
The EU countries had the second largest share of global imports and exports of goods in 2016. Their exports amounted to 15.6 % of the world's total, though in 2014 these were surpassed for the first time in the EU's existence by those of China (16.1 % in 2014, rising to 17.0 % in 2016) In 2015, the UK had the 13th highest growth rate in GDP of the EU countries - growing 2.3% compared with the previous year. It was the 5th highest growth rate among the 15 member states that joined the EU before 2004 4. Ireland had the fastest GDP growth rate in the EU in 2015, at 7.8% In 2016, the gross domestic product (GDP) of the European Union (EU) increased by 1.9 per cent compared to the previous year. GDP also grew in the USA by 1.6 per cent. In the countries of the Commonwealth of Independent States (CIS), GDP rose above 2015 figures by only a small margin
Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period. As such, it also measures the income earned from that production, or the total amount spent on final goods and services (less imports) Learn which countries rank as being one of the top 20 economies in the world. The U.S has been the global leader since 1871, but China may soon change that with its amazing growth
Growth of real GDP per capita (in 2011 USD) in EU countries, 1989-2016. Close. 493. Posted by u/[deleted] 1 year ago. Archived. Growth of real GDP per capita (in 2011 USD) in EU countries, 1989-2016. 412 comments. share. save hide report. 90% Upvoted. This thread is archived. New comments cannot be posted and votes cannot be cast. Sort by. best GDP growth in the European Union reached the record low of -4.5% in 2009 followed by the rapid jump to 2.1% next year. In 2012 there was a drop below zero, but WB and UN show that GDP growth had stabilized by 2015. All graphs predict GDP growth to remain stable at the level of about 1.5%-1.8% in the near future Looking at a single quarter's growth figures in isolation won't give you the big picture. Quarterly GDP growth has been higher in the EU and Eurozone since the last quarter of 2016. GDP growth in the Eurozone and wider EU is forecasted to be higher than in the UK in 2018 and 2019 The Commission's report predicts GDP growth of 4.5% in 2016. Romania also returns strong figures, with growth expected to be 4.2% this year - up from 3.6% last year. A number of countries see predicted growth of between 3 and 4%, including Malta, Luxembourg and Poland
Feb 18th 2016. by The Data team euro-zone GDP in the final quarter of 2015 was still below its pre-crisis peak of early 2008 whereas America's was almost 10% above its peak of late 2007. Bulgaria, Romania, and Croatia were the EU countries with the lowest GDP per capita last year expressed in terms of purchasing power standard 12/14/2016 - 12:30. Daily News. Romania, among EU. GDP per hour worked is a measure of labour productivity. It measures how efficiently labour input is combined with other factors of production and used in the production process. Labour input is defined as total hours worked of all persons engaged in production
GDP at purchaser's prices 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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted. • The data on EU funds contained in this report come from domestic sources within the CEE countries, i.e. from public institutions which are responsible for collecting and processing European funds data (from the relevant ministries); Annual GDP data contained in the report come from Eurostat 2015, and the Czech Statistical Office a European Union At-A-Glance EU growth is projected to remain low and, with aging populations and sluggish investment, to become increasingly dependent on productivity growth. Despite a slowdown in global growth, which reduced the demand for EU products abroad, EU growth was 1.9 percent in 2016, below the 2.2 percent in 2015, but above growth in. The inaccuracy of GDP calculation became obvious in the context of the GDP recalculation recently undertaken by several countries through so-called GDP 'rebasing'.7 This exercise led to impressive results. Ghana, the first country to do so in 2010, saw its GDP almost double, thus becoming a middle-income country. Nigeria' Gross Domestic Product at market prices Euro Area: USD 13,639.1 billion (2018, estimate) European Union: 2016- USD 556,119 million. 2017- USD 340,570 million 2018- USD 277,640 million. European Union - Countries; Candidate countries European Union Albania, the Republic of North Macedonia, Montenegro, Serbia and Turkey.
Since becoming a member of the European Union (EU) in 1973, GDP per capita inthe United Kingdom (UK) has doubled, outpacing other affluent nonEU English-speaking countries. The referendum - on EU membership of 23 June 2016 could lead to a UK exit (Brexit), which would have persistent advers To make the principle work, all countries are expected to chip in. NATO's official guidelines say member states should spend at least 2% of their GDP on defense. Of the 28 countries in the. Between 1990 and 2017, the EU's energy intensity — i.e. the ratio between its gross inland energy consumption and its gross domestic product (GDP) — decreased by 37 %. This decrease was continuous throughout the entire period, with an average annual decrease of 1.7 % per year. The 1990-2005 period is characterised by relatively high economic growth and more moderate growth in gross inland. Macroeconomic projections aim to predict and understand the future state of the economy on a broad scale. They include information related to economic growth, inflation, wages, unemployment and trade . In these countries a shock to the car industry could have a heavy impact on the national economy. The industry accounts for some 10% of the EU's goods exports
(+4.3%) in most EU countries during the period 2008-2016 CCS companies play an important role in the majority of European economies as their share reaches at least 10% in most countries of total companies in the business services sector. The majority of CCS sub-sectors has seen an increase in the numbe The Dublin NUTS3 region (Dublin city plus county) had the highest average disposable income per person in 2016. At €24,431 it was 18.4% higher than the State figure of €20,638 and approximately 4.2% higher than its revised figure of €23,449 for 2015 A supply shift has no significant impact on EU GDP within the following three years. Hence, the impact of increasing supply in 2015/2016 should not boost GDP. Higher aggregate demand, that also caused oil prices to rise, let to even higher GDP 18 month later Gross domestic product 2019 (millions of Ranking Economy US dollars) USA 1 United States 21,427,700 CHN 2 China 14,342,903 JPN 3 Japan 5,081,770 DEU 4 Germany 3,845,630 IND 5 India 2,875,142 GBR 6 United Kingdom 2,827,11
If we first look at the results of the average size of the shadow economy of the 27 European Union countries, we realize, that the shadow economy in the year 2003 was 22.3% (of official GDP. Data Flows in the EU: An Economic Assessment of Data Localisation Measures in the EU Member States by Matthias Bauer, Martina F. Ferracane, Hosuk Lee-Makiyama, Erik van der Marel No. 03/2016 EXECUTIVE SUMMARY • A real EU Single Market on data storage is yet to come into function in practice: Two-thirds of all deman
The table above compares the GDP per capita of America's 50 states in 2014 (BEA data here) to the GDP per capita of selected countries in Europe and Asia on a Purchasing Power Parity (PPP) basis. UK voters opted to leave the EU in 2016 and are fed up with their own Parliament. They have an overpriced, under-performing National Health Service, too many Muslims, ruined schools, no guns, no cars, no fishing rights. They like their GDP. They are effectively sedated
In 2016, GDP per capita (% of the EU average) for Groningen was 137 %. Though Groningen GDP per capita (% of the EU average) fluctuated substantially in recent years, it tended to decrease through 2002 - 2016 period ending at 137 % in 2016. The description is composed by our digital data assistant The six countries of the Western Balkans - Albania, Bosnia and Herzegovina, FYR Macedonia, Kosovo, Montenegro and Serbia - face a major convergence challenge vis-à-vis the EU in terms of living standards. GDP per capita in the Western Balkans is roughly half that of the 11 central and Eastern European EU countries (EU-11), one-third that. .e., the purchasing power parity (PPP) value of all final goods and services produced within a country in a given year, divided by the average (or mid-year) population for the same year Figures in constant (2018) and current US $, as a share of GDP and per capita are presented according to calendar year. Figures as a share of government expenditure are presented according to financial year. The availability of data varies considerably by country, but for a majority of countries that were independent at the time, data is. The impact of the financial system on economic growth in the context of the global crisis: empirical evidence for the EU and OECD countries May 2017 Empirica 44(2
English: Countries by real GDP growth rate in 2016, based on data from The World Factbook. Data: 6 de maio de 2017: Origem: Obra do próprio; Used a blank map from here. Autor: Kami888: Licenciamento. Eu, titular dos direitos de autor desta obra, publico-a com a seguinte licença Countries in the EU by population (2020) The European Union has 28 member countries. Click on each country to view current estimates (live population clock), historical data, and projected figures
For example, car exports decreased to both EU and non-EU countries in the three months to December 2018. There is also some evidence to suggest that exports might have been curtailed as a result of the trade policy uncertainty arising from the Brexit vote (Crowley et al. 2018, Graziano et al. 2018) GDP. In 2000-2008, Estonia's economy saw an average growth of 7% per year, which placed Estonia among the three countries in the EU with the fastest growing real GDP. During that period, Estonia took a big jump in the improvement of living standards, increasing its GDP per capita from 45% of the EU27 average in 2000 to 67% in 2008 Refugees: how and to what extent they affect the GDP of host countries 31 maggio, 2016. email@example.com, firstname.lastname@example.org. The flow of immigrants and asylum-seekers in Europe as from 2015 has raised issues about the countries' capacity to manage the migration emergency In the above table we publish these rankings: Countries by GDP Countries by GDP per capita Countries by quarterly GDP Countries by quarterly GDP per capita Gross domestic product (GDP) refers to the market value of all final goods and services produced in a country in a given period. GDP per capita (GDP per citizen) is often considered an indicator of a country's standard of 2016
English: Selection of GDP PPP data (top 10 countries and blocks) based on en:List_of_countries_by_GDP_(PPP) (IMF estimates for 2016) and respective trade blocks, no particular order Date 27 September 2016 It should be taken into account that the value 100 is used as a reference for all the EU-28 countries. Spain attained the value of 92 in the ranking. The GDP per capita (PPP) of the Basque Country saw an upward trend in the period 2013-2017. It reached a value of 117 in 2013; 119 in 2014 and 2015; 120 in 2016; until standing at 121 in 2017 The EU dictates that governments must narrow budget deficits to within 3 percent of GDP and reduce debt to 60 percent of GDP, or face fines (though none have ever been applied despite consistent. Values are expressed in current international dollars, to the nearest whole dollar, reflecting a single year's (2016) currency exchange rates and PPP adjustments. RICHEST EU COUNTRIES. Luxembourg (101,936) Ireland (69, 374) Netherlands (50,846) Sweden (49, 678) Germany (48, 189) Austria (47,856) Denmark (46,602) Belgium (44,881) United Kingdom. Italy has a nominal GDP of $2.07 trillion which makes the country a 3rd largest economy in the European Union and 8th largest nominal GDP in the world. Italy has a major advanced economy and is one of the founding members of EU, the Eurozone, G7 and G20. Italy is the 8th largest exporter in the world and has closest ties with the EU
•To date, EU has visited several FDA [s district offices & evaluated work; FDA has observed a number of inspections in individual Member States & will continue to do so in 2017 EU proposal tabled for discussion Apr 2016 ahead of Transatlanti With a gross debt level at 130.4 per cent of GDP, Portugal is the third-most indebted nation in the EU as of the end of 2016, according to Eurostat , which begins in January and June of each year and results in the April and September/October WEO publication
Real GDP growth forecasts. Real GDP growth is defined as year on year percentage change of real GDP (i.e. in volumes) in the euro area , according to the standardised European System of national and regional Accounts 2010 definition, as published by Eurostat Brazil's 2016 GDP forecast combined with last year's drop puts the country in its deepest recession since at least 1901. Two major credit rating companies have already downgraded its sovereign. Poland is a member country of the EU since May 1, 2004 with its geographic size of 612,679 km², and population number 38,005,614, as per 2015. The Polish comprise 7.5% of the total EU population. Its capital is Warsaw and the official language is Polish. The Gross Domestic Product (GDP) is €427.737 billion, as per 2015
Moving to Q4, rising Covid-19 cases and further restrictions throughout the region in October hint at weakening dynamics. Meanwhile, the 2021 draft budgets sent to the European Commission show countries will adopt expansionary fiscal stances next year, with the aggregate deficit expected at around 6.0% of GDP The Agency's work involves harmonisation of GDP activities at an EU level, including: coordinating the preparation of new and revised guidance on GDP; developing EU-wide procedures relating to GDP inspections. Legal framework and guidance . Directives 2001/83/EC and 2001/82/EC lay down the provisions for distribution of medicines in the EU . The UK did not make the top 25, ranking at No. 27 with a GDP per capita of $39,224 (£27,241) This is a list of countries of the world sorted by their gross domestic product (GDP).GDP is the worth of all goods and services made in a country in a year. PPP is for purchasing power parity. Purchasing power parity means how much money would be needed to buy the same item in two different countries coverage to the EU's and actually currently cover countries with a higher proportion of global GDP (13.1% versus 8.6%) and cover more of the UK's exports (over 10%). Still, it is not clear that these trade deals would automatically apply to the UK as a new EFTA member, and they offer little enhanced access for services
Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation) (Text with EEA relevance . Norway is not only the second richest country in Europe, but is also the second richest country in whole world. 1. LUXEMBOURG - 110,697.03 US
In some countries, the demographic problem is extreme. Lithuania's population has fallen by 25%, Romania's by 17%. The European Union Commission reports that in 2016 Lithuania's population decline was the steepest in the EU, followed by Latvia, Bulgaria and Greece. Destination U EU-SILC to compare the evolution of median household equivalised income with GDP per capita for EU countries from 2005 to 2011, concluding that while there are often substantial diﬀerences in levels, the trends in the two sources seem in general consistent: To a reassuringly high degree, the two sources tell a coherent story
Gross domestic product (annual) Gross domestic product (quarterly) Composite Leading Indicators. Consumer price indices - inflation. Trade in Value Added (December 2018) Health Status. Labour Market Statistics. Monthly Monetary and Financial Statistics (MEI) Agricultural Outlook Germany's Economic Growth Statistics . In 2017, Germany's GDP growth rate was 2.4% better than it had been in the previous year. Germany's GDP per capita was $46,749 in 2017, better than the 2016 average of $45,923. It's lower than the $53,129 enjoyed in the United States and less than the European Union overall at $36,593 Europ GDP per capita of a continent is obtained by adding the GDP per capita of each of the countries making the continent. The GDP per capita of the world can be obtained summing the GDP per capita of the seven continents. As of 2016, the world's GDP per capita averaged US$ 10,300. Comparing GDP Per Capita Of Different Continent
You can see that there's considerable inequality within countries - in the United States $17,593 is the median income, whereas the mean GDP per capita is $54,629, which is what everyone would earn if you perfectly redistributed all income.. But there's even greater global inequality in terms of median GDP per capita per year: it ranges from $383 in Madagascar to $21,717 in Norway, with. Another thing is the process of issuing work visas to people from non-EU countries. This is still a very cumbersome procedure which hinders the development of the knowledge economy in the region. A key thing about knowledge economy is that it is not based on natural resources but on human resources EU, 20 million is internal migration between EU countries, while only 10% come from oil-exporting countries. Among these: Iran, Iraq, Angola, Nigeria and above all Algeria have the highest presence in Europe. Historical and cultural bonds between EU Member States and countries of origin matter of EU countries, especially landlocked . In comparison, if China reached a deal for the countries establishment of an FTA with the countries of the Belt and Road nitiative, the benefits would be i concentrated among Asian and nonwestern European countries. EU countries' trade, in turn, would be - harmed although in a relatively limited way
Gross domestic product ranking table. Year to year changes in the nominal level of output or income of an economy are affected by a combination of forces: real growth, price inflation, and exchange rates Even though the GDP per capita increased in Hungary in 2019, it was only half of the GDP per capita in the richest EU member states, Hvg reports based on Eurostat's data. Eurostat analyses purchasing power parities and related economic indicators like GDP per capita, level of actual individual consumption per capita, and countries' price level indices in the European Union Tuesday 22 March 2016 01:59. 0 which equates to 6.3 per cent of overall EU-28 GDP, has prompted calls for the creation of a European Public Prosecutors' Office as part of a crackdown on.
PIIGS is a derogatory moniker for Portugal, Italy, Ireland, Greece, and Spain, that began to be used in the late 1970s to highlight the economic impact of these countries on the EU 21 countries show how to grow GDP while cutting emissions Published on 05/04/2016, 5:02pm Much of Europe and the US has 'decoupled' economic growth from greenhouse gas emissions since 200 Acceleration in energy intensity improvement in 2019 (-2.1%, faster than over 2000-2018) Global energy intensity (total energy consumption per unit of GDP) improved by 2.1% in 2019, i.e. faster than its historical trend (-1.6%/year on average between 2000 and 2018 and -1.2% in 2018) In this conversation. Verified account Protected Tweets @; Suggested user Its failure to address rule-of-law issues may prompt the EU to try to impose sanctions on Poland. However, Hungary will almost certainly veto this. We forecast that real GDP growth will contract in 2020, owing to the global outbreak of the novel coronavirus, which will also severely affect external demand