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Europe

39 COUNTRIES MAKE UP EUROPE

World Economics has combined 39 principal countries to represent the Europen region. Overall these countries accounted for 23% of Global GDP and 12% of global GDP growth in the past 10 years (2011-2021).

Europe is home to over 0.8 billion people with an average life expectancy of 79 years and a current median age of 42 against a global average of 31.



Economics



European
Countries		 Revised GDP PPP
Int$, Billions		 CAGR
10 Year
Rate
%, 2011-2021		 Share of
Global
GDP
%		 Share of Global GDP Growth
%, 2011-2021		 Revised GDP Per Capita
Int$		 Government Debt to Revised GDP
%







Albania 53.6 2.2% 0.0% 0.0% 18,660 56.2%
Austria 525.4 0.7% 0.3% 0.1% 58,098 76.4%
Belarus 253.5 0.6% 0.2% 0.0% 26,851 29.9%
Belgium 713.0 1.2% 0.4% 0.2% 61,297 90.8%
Bulgaria 206.4 2.1% 0.1% 0.1% 29,923 18.7%
Croatia 156.7 1.6% 0.1% 0.1% 38,397 62.5%
Czech Republic 486.9 1.8% 0.3% 0.2% 45,402 36.6%
Denmark 390.6 1.7% 0.2% 0.1% 67,196 32.4%
Estonia 62.2 3.1% 0.0% 0.0% 46,960 14.7%
Finland 308.6 0.7% 0.2% 0.0% 55,628 58.2%
France 3,449.3 0.8% 2.1% 0.6% 52,721 99.3%
Georgia 83.9 3.8% 0.1% 0.1% 21,079 33.9%
Germany 4,890.0 1.0% 3.0% 1.0% 58,283 63.1%
Greece 398.3 -0.9% 0.2% -0.1% 38,403 156.8%
Hungary 400.4 2.7% 0.2% 0.2% 41,565 63.4%
Iceland 22.8 2.7% 0.0% 0.0% 66,416 65.9%
Ireland 577.1 7.8% 0.3% 0.7% 115,807 49.2%
Italy 3,064.5 -0.3% 1.9% -0.2% 50,764 121.9%
Latvia 74.8 2.5% 0.0% 0.0% 40,057 36.5%
Lithuania 132.3 3.3% 0.1% 0.1% 49,200 35.4%
Luxembourg 83.3 2.6% 0.1% 0.0% 131,256 22.8%
Malta 28.8 5.1% 0.0% 0.0% 65,018 44.9%
Moldova 51.7 3.6% 0.0% 0.0% 12,857 23.5%
Netherlands 1,094.9 1.2% 0.7% 0.3% 63,754 51.6%
North Macedonia 49.9 1.9% 0.0% 0.0% 23,949 36.6%
Norway 410.9 1.8% 0.2% 0.2% 75,182 41.6%
Poland 1,587.8 3.1% 1.0% 1.0% 42,010 45.4%
Portugal 415.4 0.4% 0.3% 0.0% 40,853 106.0%
Romania 728.7 3.5% 0.4% 0.5% 38,096 41.5%
Russia 5,540.2 1.3% 3.4% 1.5% 37,970 12.5%
Serbia 189.8 2.3% 0.1% 0.1% 21,817 40.7%
Slovak Republic 197.0 1.7% 0.1% 0.1% 36,069 52.6%
Slovenia 104.3 2.0% 0.1% 0.0% 50,163 60.3%
Spain 2,187.8 0.4% 1.3% 0.2% 46,803 97.8%
Sweden 628.3 1.6% 0.4% 0.2% 61,838 32.8%
Switzerland 662.2 1.8% 0.4% 0.3% 75,977 39.3%
Turkey 3,487.3 5.1% 2.1% 3.2% 41,006 31.7%
Ukraine 770.2 -0.6% 0.5% -0.1% 17,720 34.0%
United Kingdom 3,400.7 1.4% 2.1% 1.0% 49,858 86.4%

Europe
Totals / Averages:		 37,869.5 N/A 22.9% 11.7% 49,100* 53.9%*


World Economics revised GDP data removes serious errors in GDP measurement.
Revised GDP data can be used to analyse and compare country investment potential, but other hidden faults may still be present in source GDP data. Learn more...


Notes:
  • GDP data includes estimates for the Informal Economy, and updated Base Years, to improve the often imperfect quality of Europe data.
  • Debt-to-GDP ratio is total gross government debt as a proportion of revised GDP.
  • Data with an astrix (*) represents an average for all countries.
  • Offical GDP data quality is often poor in Emerging Market countries. See data quality for individual countries.







Demography



Emerging Market
Countries 		Population
Data Quality
Grade		 Total
Population
Millions		 Life Expectancy
Years		 Median
Age
Years		 Statistical Capacity
0-100 Index		 Age Dependency
Total






Albania B 2.9 79 36.4 87.8 53.1
Austria B 9.0 82 43.5 100.0 49.4
Belarus A 9.4 75 40.3 83.3 51.1
Belgium A 11.6 82 41.9 100.0 43.0
Bulgaria B 6.9 75 44.6 85.6 43.4
Croatia B 4.1 78 44.3 86.7 44.3
Czech Republic A 10.7 79 43.2 100.0 44.0
Denmark A 5.8 81 42.3 100.0 42.7
Estonia C 1.3 79 42.4 40.0 41.6
Finland B 5.5 82 43.1 100.0 37.6
France A 65.4 83 42.3 100.0 37.6
Georgia B 4.0 74 38.3 87.8 45.0
Germany B 83.9 81 45.7 100.0 44.6
Greece B 10.4 82 45.6 100.0 43.9
Hungary C 9.6 77 43.3 40.0 47.2
Iceland A 0.3 83 37.5 100.0 46.0
Ireland A 5.0 82 38.2 100.0 45.2
Italy A 60.4 84 47.3 100.0 43.0
Latvia C 1.9 75 43.9 53.3 41.0
Lithuania C 2.7 76 45.1 43.3 43.5
Luxembourg B 0.6 82 39.7 100.0 57.2
Malta B 0.4 83 42.6 100.0 44.5
Moldova A 4.0 72 37.6 91.1 60.4
Netherlands A 17.2 82 43.3 100.0 44.4
North Macedonia D 2.1 76 39.1 72.2 55.5
Norway A 5.5 82 39.8 100.0 46.7
Poland B 37.8 79 41.7 78.9 48.6
Portugal B 10.2 82 46.2 100.0 44.2
Romania B 19.1 76 43.2 84.4 46.7
Russia A 145.9 73 39.6 82.2 48.8
Serbia B 8.7 76 41.6 88.9 47.5
Slovak Republic C 5.5 78 41.2 40.0 52.4
Slovenia A 2.1 81 44.5 100.0 44.1
Spain B 46.7 84 44.9 100.0 47.6
Sweden B 10.2 83 41.1 100.0 38.8
Switzerland B 8.7 84 43.1 100.0 48.4
Turkey B 85.0 78 31.5 81.1 50.9
Ukraine A 43.5 72 41.2 72.2 50.9
United Kingdom A 68.2 81 40.5 100.0 42.9

Europe
Totals / Averages:		 N/A 832.3 79* 41.8* 87.1* 46.4*


Notes:
  • Data with an astrix (*) represents an average for all countries.
  • Statistical Capacity Index numbers shown on a scale of 0-100.
    100 = High level of resources, 0 = Low level of resrouces.


Key:
Data Quality Grade definitions:
         A: As good as it gets;
         B: Use with caution;
         C: Unreliable for many purposes
         D: Extremely poor quality.








Environmental, Social and Governance



Emerging Market
Countries: 		Carbon Emissions
Total MTCo2e		 Methane Emissions
Total MTCo2e		 Population in Poverty
% of Pop		 Years of Schooling
Years		 Rule
of Law
0-100 Index		 Corruption Levels
0-100 Index






Albania 5.6 3.2 2% 10 39.8 35
Austria 68.5 6.7 <0.1% 13 93.4 74
Belarus 62.5 16.8 <0.1% 12 24.1 41
Belgium 99.7 8.2 <0.1% 12 82.5 73
Bulgaria 42.0 6.9 <0.1% 11 46.5 42
Croatia 17.9 3.8 <0.1% 11 55.9 47
Czech Republic 101.0 12.4 <0.1% 13 74.8 54
Denmark 32.1 7.1 <0.1% 13 94.6 88
Estonia 13.9 1.1 <0.1% 13 82.8 74
Finland 41.7 4.2 <0.1% 13 100.0 88
France 323.6 58.3 <0.1% 12 81.4 71
Georgia 10.3 5.2 5% 13 55.7 55
Germany 702.0 53.4 <0.1% 14 87.1 80
Greece 67.2 9.7 <0.1% 11 56.6 49
Hungary 49.1 7.1 <0.1% 12 61.3 43
Iceland 3.3 0.5 <0.1% 13 93.1 74
Ireland 37.1 16.8 <0.1% 13 85.7 74
Italy 337.1 43.7 <0.1% 10 54.6 56
Latvia 8.3 1.9 <0.1% 13 72.3 59
Lithuania 13.5 3.2 <0.1% 13 73.2 61
Luxembourg 9.8 0.5 <0.1% 12 93.0 81
Malta 1.6 0.2 <0.1% 11 71.3 54
Moldova 6.0 3.3 0% 12 38.5 36
Netherlands 154.8 17.3 <0.1% 12 92.1 82
North Macedonia 8.0 2.5 4% 10 47.1 39
Norway 42.4 4.9 <0.1% 13 97.7 85
Poland 322.6 47.5 <0.1% 13 62.0 56
Portugal 48.6 11.3 <0.1% 9 77.9 62
Romania 75.1 23.8 <0.1% 11 57.8 45
Russia 1,678.4 853.0 <0.1% 12 29.9 29
Serbia 54.7 12.4 6% 11 44.1 38
Slovak Republic 33.3 4.4 <0.1% 13 65.4 52
Slovenia 13.7 2.0 <0.1% 13 75.0 57
Spain 252.7 39.9 <0.1% 10 70.9 61
Sweden 42.8 4.6 <0.1% 13 93.3 85
Switzerland 37.7 4.8 <0.1% 13 93.8 84
Turkey 405.1 47.4 <0.1% 8 39.8 38
Ukraine 223.2 63.0 0% 11 32.1 32
United Kingdom 369.9 51.2 <0.1% 13 85.6 78

Europe
Totals/Averages:		 5,816.5 1,464.2 N/A 12* 68.8* 60*


Notes:
  • Data with an astrix (*) represents an average for all countries.
  • Index numbers shown on a scale of 0-100.
    Rule of Law: 100 = High rule of law, 0 = low rule of law.
    Corruption Perceptions Index: 100 = Low levels of corruption, 0 = High levels of corruption.
  • Total Carbon and Methane data expressed in MTCo2e (Million Metric Tons of CO2 equivalent)
  • Data with an astrix (*) represents an average for all countries.



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