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Which is the richest country in Europe?

Author

William Rodriguez

Published Jan 09, 2026

Luxembourg is the wealthiest country in the European Union, per capita, and its citizens enjoy a high standard of living. Luxembourg is a major center for large private banking, and its finance sector is the biggest contributor to its economy. The country's main trading partners are Germany, France and Belgium.

What is the richest country in Europe 2020?

Top 10 Richest Countries in Europe by total 2020 GDP (current US$ - World Bank)

  • Germany - $3.8 trillion.
  • United Kingdom - $2.7 trillion.
  • France - $2.6 trillion.
  • Italy - $1.9 trillion.
  • Russia* - $1.5 trillion.
  • Spain - $1.3 trillion.
  • Netherlands - $913.8 billion.
  • Switzerland - $752.2 billion.

What is the poorest country in Europe?

1. Ukraine. With a per capita GNI of $3,540, Ukraine is the poorest country in Europe as of 2020.

Is the UK the richest country in Europe?

United Kingdom – $45,565 GDP per capita

While the UK currently enjoys a relatively high ranking among Europe's wealthiest countries, how it will fare after its planned withdrawal from the European Union in 2019 is still in question.

What's the richest country in Europe 2021?

What is the richest country on each continent?

  • Richest European Countries 2021: Luxembourg ($118,001), Ireland ($102,390), Switzerland ($93,520)
  • Richest Asian Countries 2021: Singapore ($97,057), Qatar ($61,790), Israel ($49,840)
38 related questions found

Who is richer Germany or UK?

Right now, Germany is by far the biggest, with a GDP of $3.6 trillion. France stands at $2.7 trillion, the UK at $2.2 trillion, Italy at $2.1 trillion.

Is Spain richer than Italy?

According to this organization, in 2017 Spaniards' GDP per capita was $38,286 (€31,111), compared with $38,140 (€30,994) for Italians. This figure seems to underscore how both economies have been diverging in recent years.

Is Spain richer than UK?

Spain has a GDP per capita of $38,400 as of 2017, while in United Kingdom, the GDP per capita is $44,300 as of 2017.

Is France richer than Spain?

8. However, France is a richer country than Spain — and not just in terms of per capita GDP (France's €31,100 is 37% higher than Spain's €22,700). More important, France is richer than Spain in terms of per capita capital stock (€116,000 versus €80,000).

Is Poland richer than Italy?

Poland has a GDP per capita of $29,600 as of 2017, while in Italy, the GDP per capita is $38,200 as of 2017.

Is Ukraine richer than India?

Economy. Ukraine has a GDP per capita of $8,800 as of 2017, while in India, the GDP per capita is $7,200 as of 2017.

Is Spain a poor country in Europe?

Spain leads the ranking of EU countries with the highest risk of young people ending up in poverty as adults, despite coming from families without economic difficulties. Spain is also the fourth EU country with the highest rate of inherited poverty risk, according to Eurostat, the EU Statistical Office.

Is Finland a rich country?

Finland

While Finland's population of 5.5 million is smaller than that of most countries, its $238.7 billion economy ranks among the world's largest. Finland's GNI per capita of $39,977 is greater than the OECD average of $38,992 and the 21st highest of any nation.

Is the UK a rich country?

It is the fifth-largest national economy in the world measured by nominal gross domestic product (GDP), eighth-largest by purchasing power parity (PPP), and twenty fifth-highest by GDP per capita, constituting 3.3% of world GDP. $3.376 trillion (nominal; 2022 est.)

Is Russia richer than UK?

Russia has a GDP per capita of $27,900 as of 2017, while in United Kingdom, the GDP per capita is $44,300 as of 2017.

Is Poland a rich country?

Poland is classified as a high-income economy by the World Bank, ranking 19th worldwide in terms of GDP (PPP) and 22nd in terms of GDP (nominal). Poland has a highly diverse economy that ranks 21st in the 2017 Economic Complexity Index.

Is England better than Spain?

Spain exceeds the UK in many respects

So, according to the majority of new arrivals, Spain ranks ahead of the UK in the following aspects: Quality of life (work/private life balance). Quality of medical care (free services or affordable health insurance).

Is France bigger than Spain?

Top 10 Largest Countries in Europe (by total area):

France - 543,940 km² (210,020 mi²) Spain - 505,992 km² (195,365 mi²)

Is France bigger than UK?

France is about 2.3 times bigger than United Kingdom.

United Kingdom is approximately 243,610 sq km, while France is approximately 551,500 sq km, making France 126% larger than United Kingdom. Meanwhile, the population of United Kingdom is ~65.8 million people (2.1 million more people live in France).

Is Ireland richer than Spain?

Spain has a GDP per capita of $38,400 as of 2017, while in Ireland, the GDP per capita is $73,200 as of 2017.

Is Spain richer than Germany?

Spain has a GDP per capita of $38,400 as of 2017, while in Germany, the GDP per capita is $50,800 as of 2017.

Is Spain richer than Poland?

Poland has a GDP per capita of $29,600 as of 2017, while in Spain, the GDP per capita is $38,400 as of 2017.