15 Richest Countries in Europe

  • Post category:Economy
  • Post last modified:July 4, 2022

Europe is formed of many developed countries. It is the world’s sixth-largest continent by total land area, home to 47 countries, and accounts for 6.8 percent of the Earth’s surface area. Europe has contributed much to the invention, technology, and architecture. Over 500 years of progress in engineering, technology, literature, and medicine have resulted in the most developed continent on the planet. The nations of Europe have a fair Human Development Index (HDI).

Germany is one of the world’s richest countries, with a nominal GDP of around 5 trillion US$. Monaco has the highest GDP per capita in Europe and also in the world, at US$190,532 in 2021; nevertheless, some European nations have higher GDP per capita.

Boats and Buildings in Monaco, Image by Free-Photos from Pixabay

Countries by GDP Per Capita:

UN= United Nation
IMF= International Monetary Fund
RankCountryGDP Per Capita (IN US$)Estimated ByYear
1Monaco190,532UN2019
2Liechtenstein179,258UN2019
3Luxembourg131,782IMF2021
4Switzerland94,696IMF2021
5Ireland94,556IMF2021
6Norway81,995IMF2021
7Iceland65,273IMF2021
8Denmark67,218IMF2021
9Sweden58,977IMF2021
10Netherlands58,003IMF2021
11Finland54,330IMF2021
12Austria53,859IMF2021
13San Marino49,765IMF2021
14Germany51,860IMF2021
15Belgium50,103IMF2021

Countries by GDP (nominal):

RankCountryGDP (In Billion US$)Year
1Germany4,3192019
2United Kingdom3,1242019
3France2,9382021
4Italy2,1062021
5Russia1,7102021
6Spain1,4612021
7Netherlands1,0122021
8Switzerland8242021
9Poland6422021
10Sweden6252021
11Belgium5782021
12Austria4812021
13Ireland4762021
14Norway4442021
15Denmark3922021

Note: GDP estimation by International Monetary Fund.

1. Monaco

Monaco has the distinction of being both a city-state and a microstate. According to the United Nations, Monaco is the wealthiest country in Europe and also in the world. It is one of the tiniest countries, with an area of 2.2 square kilometers. It has around 37,000 residents and a population density of 18,713 inhabitants per square kilometer. Monaco’s total income is estimated to be approximately US$5.424 billion (GDP-Nominal).

GDP per capita: US$ 190,532
Currency: Euro

2. Liechtenstein

Liechtenstein is the second richest microstate in Europe, with an area of 160 square kilometers and a population of 37,340 people living at a density of 227 people per km2. The total national income is $5.155 billion (Nominal). At 1.5 percent, the country’s unemployment rate is low.

GDP per capita: US$ 179,258
Currency: Swiss franc

3. Luxembourg

Luxembourg is located in Western Europe and is Europe’s third wealthiest country in terms of GDP per capita (nominal).

GDP per capita: US$ 131,782
Currency: Euro

4. Switzerland

Switzerland is a country in central Europe with a stunning landscape that includes lakes and mountain ranges. Every year, millions of people visit Switzerland, making it one of the most popular tourist destinations in the world. Switzerland is the world’s largest producer of watches. Banking, technology, and engineering are the trade routes and income sources.

GDP per capita: US$ 94,696
Currency: Swiss franc

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Posted by: Worldlistmania Contributor