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Financial and social rankings of sovereign states in Europe

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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 Europe

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:

Economic

Countries by GDP (nominal)

See also: List of sovereign states in Europe by GDP (nominal)
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 (2018)[1]

Rank Country GDP (Millions of US$)
 European Union[n 1] 18,162,109
1  Germany 3,930,000
2  United Kingdom 2,770,000
3  France 2,660,000
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 2]
45  Liechtenstein 4,826[n 2]
46  Montenegro 4,377
47  Andorra 3,712[n 2]
48  San Marino 1,805

GDP growth rate

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 Europe

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 69,331
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  United Kingdom 39,720
15  Andorra 39,147
16  France 38,477
—  European Union 33,715
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 13,812
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)

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 (2013)[3]

Rank Country GDP (Billions of US$)
 European Union[n 1] 17,578.4
1  Germany 3,512.8
2  Russia 3,491.6
3  France 2,534.5
4  United Kingdom 2,320.4
5  Turkey 2,292.0
6  Italy 2,035.4
7  Spain 1,488.8
8  Poland 896.8
9  Netherlands 780.3
10  Romania 516.3
11  Belgium 455.0
12   Switzerland 432.0
13  Sweden 432.0
14  Ukraine 392.5
15  Austria 376.7
16  Norway 328.0
17  Czech Republic 287.6
18  Greece 278.0
19  Portugal 268.8
20  Denmark 240.9
21  Hungary 229.6
22  Finland 218.3
23  Ireland 213.3
24  Belarus 166.8
25  Azerbaijan 158.5
26  Slovakia 144.0
27  Bulgaria 119.6
28  Serbia 89.7
29  Croatia 86.6
30  Lithuania 75.4
31  Slovenia 58.7
32  Luxembourg 48.5
33  Latvia 46.5
34  Bosnia and Herzegovina 37.1
35  Estonia 34.4
36  Georgia 32.1
37  Albania 29.5
38  North Macedonia 26.1
39  Cyprus 25.3
40  Armenia 23.1
41  Moldova 16.6
42  Iceland 13.2
43  Malta 12.9
44  Montenegro 9.10
45  Monaco 5.74 (2011 est.)[n 3]
46  Liechtenstein 3.20 (2009 est.)[n 3]
47  Andorra 3.16 (2012 est.)[n 3]
48  San Marino 1.97

Net National Wealth

See also: List of countries by total wealth

European countries by total wealth

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  United Kingdom 14,209
3  France 13,883
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 -

Financial

Current account balance

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
 European Union[n 1] -34,490,000,000 (2011 est.)
42  France -58,970,000,000
43  United Kingdom -93,600,000,000

Public debt

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 64.8 (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 rate

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 4]
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 5]
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)
 European Union[n 1] 10.6 (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 wage

See also: List of European countries by average wage

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  Ireland 2,525
9  Finland 2,509
10  Sweden 2,458
11  San Marino 2,390
12  United Kingdom 2,383
13  Austria 2,324
14  Germany 2,302
15  Andorra 2,230
16  France 2,225
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 wage

See also: List of European countries by minimum wage

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 843
13  Malta 747
14  Greece 684
15  Portugal 677
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

Social

Human Development Index

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

Percentage living below poverty line

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 Index

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

Opportunity

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 Report

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

Summary

Economic

  •  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, with the UK set to surpass Germany to become Europe's largest economy by 2030

Financial

  •  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

Social

  •  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

Notes

  1. ^ a b c d The European Union (EU) is an economic and political union of 28 member states that are located primarily in Europe. As the EU is not a country, it is not ranked on this list.
  2. ^ a b c As data by the IMF is unavailable, 2013 data by the World Bank is used.
  3. ^ a b c As data by the IMF is unavailable, the latest available data by the CIA World Factbook is used.
  4. ^ Data for Belorussian unemployment does not take into account underemployment.
  5. ^ Data for Austrian unemployment includes only those who were previously employed.

References

  1. ^ "World Economic Outlook (October 2018)". Imf.org. Retrieved 24 February 2019.
  2. ^ "GDP - Real Growth Rate, 2013".
  3. ^ "Report for Selected Countries and Subjects (PPP valuation of country GDP)".
  4. ^ http://publications.credit-suisse.com/tasks/render/file/index.cfm?fileid=777FDF0E-E060-F608-52DAF97E062CC35B
  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}}: Cite journal requires |journal= (help)
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