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Financial and social rankings of sovereign states in Europe

From Wikipedia, the free encyclopedia

This page compares the sovereign states of Europe on economic, financial and social indicators.

Map of Europe according to the United Nations geoscheme for Europe

Definition of Europe

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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

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Countries by GDP (nominal)

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Volkswagen AG's headquarters in Wolfsburg is the base for Germany's largest company by revenue.
London is considered to be the leading financial capital in Europe.
European countries by share of total Europe's nominal GDP

Data provided is by the International Monetary Fund (2021)[1]

Rank Country GDP (millions of US$)
1 Germany 4,200,000
2 United Kingdom 3,400,000
3 France 3,100,000
4 Italy 1,886,000
5 Russia 1,483,000
6 Spain 1,281,000
7 Netherlands 912,806
8  Switzerland 748,000
9 Turkey 720,100
10 Poland 594,200
11 Sweden 537,600
12 Belgium 515,300
13 Austria 429,000
14 Ireland 418,600
15 Norway 362,000
16 Denmark 355,200
17 Czech Republic 282,300
18 Finland 271,200
19 Romania 248,700
20 Portugal 231,300
21 Greece 189,400
22 Ukraine 155,600
23 Hungary 155,260
24 Slovakia 104,600
25 Luxembourg 73,260
26 Bulgaria 69,110
27 Belarus 60,260
28 Croatia 55,970
29 Lithuania 55,890
30 Serbia 52,960
31 Slovenia 52,880
32 Azerbaijan 42,610
33 Latvia 33,510
34 Estonia 31,030
35 Cyprus 23,800
36 Iceland 21,710
37 Bosnia and Herzegovina 19,790
38 Georgia 15,890
39 Albania 14,800
40 Malta 14,650
41 Armenia 12,650
42 North Macedonia 12,270
43 Moldova 11,910
44 Monaco 7,424
45 Liechtenstein 6,839
46 Montenegro 4,779
47 Andorra 3,155
48 San Marino 1,616

GDP growth rate

[edit]
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

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Data provided is by the World Bank (2021). Data for Monaco and Liechtenstein is from 2020 and 2019 respectively.[3]

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 Monaco 173,688
2 Liechtenstein 169,049
3 Luxembourg 135,683
4 Ireland 99,152
5  Switzerland 93,457
6 Norway 89,203
7 Iceland 68,384
8 Denmark 67,803
9 Sweden 60,239
10 Netherlands 58,061
11 Finland 53,983
12 Austria 53,268
13 Belgium 51,768
14 Germany 50,802
15 United Kingdom 47,334
16 San Marino 45,516
17 France 43,519
18 Andorra 43,048
19 Italy 35,551
20 Malta 33,257
21 Cyprus 30,799
22 Spain 30,116
23 Slovenia 29,201
24 Estonia 27,281
25 Czech Republic 26,379
26 Portugal 24,262
27 Lithuania 23,433
28 Slovakia 21,088
29 Latvia 20,642
30 Greece 20,277
31 Hungary 18,773
32 Poland 17,841
33 Croatia 17,399
34 Romania 14,862
World 12,263
35 Russia 12,173
36 Bulgaria 11,635
37 Turkey 9,587
38 Montenegro 9,367
39 Serbia 9,215
40 Belarus 7,304
41 Bosnia and Herzegovina 6,916
42 North Macedonia 6,721
43 Albania 6,494
44 Moldova 5,315
45 Kosovo 4,987
46 Ukraine 4,836

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)[4]

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 Spain 1,865.9
7 Poland 1,215.4
8  Switzerland 551.5
9 Belgium 550.8
10 Sweden 548.8
11 Romania 516.3
13 Austria 463.5
14 Czech Republic 396.1
15 Norway 395.8
16 Ukraine 390.4
17 Ireland 389.0
18 Portugal 333.1
19 Greece 312.2
20 Hungary 312.0
21 Denmark 302.2
22 Finland 256.8
23 Slovakia 191.2
24 Belarus 189.2
25 Azerbaijan 179.1
26 Bulgaria 162.1
27 Serbia 122.7
28 Croatia 107.3
29 Lithuania 97.0
30 Slovenia 75.9
31 Luxembourg 64.0
32 Latvia 57.8
33 Bosnia and Herzegovina 52.4
34 Estonia 45.4
35 Georgia 42.6
36 Albania 38.3
37 North Macedonia 32.6
38 Cyprus 34.5
39 Armenia 30.5
40 Moldova 25.8
41 Malta 21.4
42 Iceland 19.4
43 Montenegro 11.9
44 Monaco 5.74 (2011 est.)[n 1]
45 Liechtenstein 3.20 (2009 est.)[n 1]
46 Andorra 3.16 (2012 est.)[n 1]
47 San Marino 2.01

Net national wealth

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European countries by total wealth

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List by Credit Suisse (2018)[5]
Rank Country Total wealth
(billions USD)
Europe 85,402
European Union 77,821
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

Financial

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Current account balance

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The current account balance values provided are the 2013 figures (unless otherwise indicated) as recorded in the CIA World Factbook.[6] 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 debt

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The public debt values provided are the 2013 figures (unless otherwise indicated) as recorded in the CIA World Factbook.[7] 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 rate

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

Rank Country Unemployment rate (%)
1 Monaco 0.1 (2013)[n 2]
2 Belarus 0.5 (2020)
3 Czech Republic 2.7 (2020)
4 Poland 3.2 (2020)
5 Malta 4.1 (2020)
6 Bulgaria 4.4 (2020)
7 Germany 4.4 (2020)
8 Netherlands 4.5 (2020)[n 3]
9 Slovenia 4.7 (2020)
10 Hungary 4.9 (2020)
11 Ireland 5 (2020)
12 Austria 5.2 (2020)
13 Romania 5.4 (2020)
14 Belgium 5.5 (2020)
15 Denmark 6 (2020)
16 Slovakia 6.8 (2020)
17 France 6.9 (2020)
18 Cyprus 6.9 (2020)
19 Luxembourg 7.3 (2020)
20 Finland 7.8 (2020)
21 Estonia 8 (2020)
22 Portugal 8.1 (2020)
23 Croatia 8.6 (2020)
24 Latvia 9 (2020)
25 Lithuania 9 (2020)
26 Sweden 9.4 (2020)
27 Italy 9.7 (2020)
28 Spain 10.8 (2025)
29 Greece 18.3 (2020)

Average wage

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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 Bulgaria 583
35 Serbia 565
36 Montenegro 512
37 Bosnia and Herzegovina 510
38 North Macedonia 473
39 Russia 454
40 Albania 393
41 Belarus 348
42 Moldova 242
43 Ukraine 228

Minimum wage

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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.[8]

Rank Country Monthly minimum (euro)
1 Luxembourg 2,049
2 San Marino 1,832
3 Austria 1,750 (2020)
4 Monaco 1,732
5 Netherlands 1,578
6 Belgium 1,563
7 Ireland 1,563
8 Germany 1,498
9 France 1,458
10 United Kingdom 1,413
11 Spain 1,050
12 Andorra 991
13 Slovenia 886
14 Malta 761
15 Portugal 700
16 Greece 683
17 Lithuania 555
18 Estonia 540
19 Poland 524
20 Slovakia 480
21 Czechia 477
22 Croatia 462
23 Hungary 445
24 Latvia 430
25 Romania 407
26 Albania 300
27 Serbia 276
28 Bulgaria 260
29 North Macedonia 239
30 Bosnia and Herzegovina 207
31 Montenegro 193
32 Russia 139
33 Ukraine 128
34 Belarus 125
35 Moldova 124

Social

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Human Development Index

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The Human Development Index values provided are the 2018 estimates for 2017, as included in the United Nations Development Programme's Human Development Report.[9]

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 0.806 Increase 0.004
38 Serbia 0.787 Increase 0.002
39 Albania 0.785 Increase 0.003
40 Bosnia and Herzegovina 0.780 Increase 0.002
41 Georgia 0.780 Increase 0.004
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

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The percentage figures for citizens living below the poverty line are provided by either the CIA World Factbook (2007) or the World Bank (2012) [10][11][12] 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
37 Albania 22.2 2023
22 Belgium 15.2 2007
23 Germany 15.5 2010
24 Moldova 16.6 2012
25 Turkey 16.9 2010
26 Estonia 17.5 2010
27 Georgia 17.7 2011
28 Bosnia and Herzegovina 17.9 2011
29 Croatia 18.0 2009
30 Portugal 18.0 2006
31 Spain 19.8 2005
32 Greece 20.0 2009
33 Bulgaria 20.7 2009
34 North Macedonia 21.1 2010
35 Romania 22.2 2011
36 Armenia 34.1 2009

Social Progress Index

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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.[13]

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

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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.[13]

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

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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.[14]

Rank Country Happiness Change in happiness (2005-2006)
1 Finland 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
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 Bulgaria 4.981 Increase 0.137
38 Serbia 4.813 Increase 0.063
39 Bosnia and Herzegovina 4.813 Decrease −0.087
40 Hungary 4.775 Decrease −0.300
41 Azerbaijan 4.604 Decrease −0.045
42 North Macedonia 4.574 Increase 0.081
43 Armenia 4.316 Decrease −0.269
44 Georgia 4.187 Increase 0.496

Summary

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Economic

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  • Azerbaijan is the second fastest growing economy in Europe, and the fastest growing transcontinental economy.
  • 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 non-eurozone economy in Europe.

Financial

[edit]
  • 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.
  • 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 the ongoing war.
  • United Kingdom has the largest deficit of any country in Europe and the European Union.

Social

[edit]
  • Albania has the largest percentage living under the poverty line of any state in Europe.
  • Armenia has the highest Change in Happiness of any state in Europe.
  • Azerbaijan has the smallest rating for Opportunity 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.
  • 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

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

References

[edit]
  1. ^ "World Economic Outlook (October 2020)". Imf.org. Retrieved 4 November 2020.
  2. ^ "GDP - Real Growth Rate, 2013". Archived from the original on 13 June 2007.
  3. ^ World Bank, 2021
  4. ^ International Monetary Fund, World Economic Outlook Database, October 2019
  5. ^ Global wealth databook 2018 (PDF). Credit Suisse. 2018. pp. 19–22. Archived (PDF) from the original on 21 October 2021. Retrieved 22 October 2021. (from List of all Global wealth reports and Global wealth databooks - Credit Suisse (Archived 2021-10-21 at the Wayback Machine))
  6. ^ "Country Comparison - Current Account Balance, 2013". Archived from the original on 13 June 2007.
  7. ^ "Country Comparison - Current Account Balance, 2013". Archived from the original on 15 October 2008.
  8. ^ "Monthly minimum wages - bi-annual data". Eurostat.
  9. ^ "Human Development Report 20148 – "Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience"" (PDF). HDRO (Human Development Report Office) United Nations Development Programme.
  10. ^ "World Databank". Databank.worldbank.org. Retrieved 17 November 2012.
  11. ^ Population below poverty line, The World Factbook, CIA, accessed on 25 July 2012.
  12. ^ Poverty data: Norway. Country Reports on Human Rights Practices - 2007, US Department of State; Population: Norway - CIA The World Factbook.
  13. ^ a b "Social Progress Index: Measuring National Progress". Social Progress Imperitive. Archived from the original on 17 December 2015. Retrieved 2 August 2013.
  14. ^ 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)