Europe Portal
The Economy of Europe comprises more than 710 million people in 48 different states. Like other continents, the wealth of Europe‘s states varies, although the poorest are well above the poorest states of other continents (except Australia) in terms of GDP and living standards. The difference in wealth across Europe can be seen in a rough East-West divide. Whilst Western European states all have high GDPs and living standards, many of Eastern Europe‘s economies are still emerging from the collapse of the Soviet Union and former Yugoslavia. Throughout this article “Europe” and derivatives of the word are taken to include selected states that are geographically in Asia, bordering Europe – such as Azerbaijan and Cyprus.
Economics The Economics of Europe and the EU
Europe’s largest national economy is that of Germany, which ranks third globally in nominal GDP, and fifth in purchasing power parity (PPP) GDP; and its second is that of the United Kingdom, which ranks fifth globally in nominal GDP and sixth in PPP GDP. If the European Union was a country it would be the world’s largest economy – see List of countries by GDP (PPP).
Global Peace Index (source: Opinio Juris)
Central European Economic Watch
- Economic development
- Regional variation
- Currency and Central Banks
- Stock exchanges
- Economic sectors
- Global trade relations
- References
- Commonwealth of Independent States
- Euro
- Europe
- European Economic Area
- Free trade areas in Europe
- European Free Trade Association
- Central European Free Trade Agreement
- European Union
- History of Europe
- Industrial Revolution
- List of European countries by GDP
- Oil price increases since 2003
- Organization for Security and Co-operation in Europe statistics
- Regions of Europe
- John Grahl
| Population: | 710,000,000 |
| GDP (PPP): | US$ $12.82 trillion (2006) |
| GDP/capita (PPP) : | $18,056 |
| GDP /capita (Currency) : | $18,935 |
| Annual growth of per capita GDP: |
2.8% (2006) |
| Income of top 10%: | 27.5% |
| Millionaires: | 2.6 million (0.3%) |
| Unemployment | 8.8% (2006) |
| Estimated female income |
56.7% of male |
| Most numbers are from the UNDP from 2002, some numbers exclude certain countries for lack of information. Statistics are for entire nations, not just the portions within Europe. | |
| See also: Economy of the world – Economy of Africa – Economy of Asia – Economy of Europe – Economy of North America – Economy of Oceania – Economy of South America | |
