Financial and social rankings of sovereign states in Europe

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

thumb|upright=1.3|Map of Europe according to the [[United Nations geoscheme for Europe]]

Definition of Europe

For 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:

Be a recognised European state by the United Nations geoscheme for Europe
Be a member state of the European Union
Be a member state of the eurozone
Be a member state of the Council of Europe

Economic

Countries by GDP (nominal)

thumb|[[Volkswagen AG|Volkswagen AG's headquarters in Wolfsburg is the base for Germany's largest company by revenue.]]

thumb|[[London is considered to be the leading financial capital in Europe.]]

thumb|upright=1.3|European countries by share of total Europe's nominal GDP

Data provided is by the International Monetary Fund (2026)

{| class="wikitable sortable"

! style="width:2em;" ! data-sort-type="number"| Rank !! Country !! GDP (millions of US$)

| 1|| || 5,750,000

| 2|| || 4,360,000

| 3|| || 3,880,000

| 4|| || 2,738,000

| 5|| || 2,656,000

| 6|| || 2,091,000

| 7|| || 1,640,100

| 8|| || 1,449,806

| 9|| || 1,146,000

| 10|| || 1,134,200

| 11|| || 779,381

| 12|| || 776,730

| 13|| || 760,481

| 14|| || 623,719

| 15|| || 599,406

| 16|| || 503,772

| 17|| || 480,834

| 18|| || 432,597

| 19|| || 380,637

| 20|| || 337,669

| 21|| || 307,554

| 22|| || 271,122

| 23|| || 225,337

| 24|| || 168,897

| 25|| || 148,121

| 26|| || 116,574

| 27|| || 112,025

| 28|| || 110,417

| 29|| || 105,907

| 30|| || 102,042

| 31|| || 86,732

| 32|| || 78,372

| 33|| || 53,686

| 34|| || 51,634

| 35|| || 45,171

| 36|| || 43,800

| 37|| || 42,716

| 38|| || 36,771

| 39|| || 33,333

| 40|| || 31,873

| 41|| || 30,712

| 42|| || 21,889

| 43|| || 21,605

| 44|| || 10,724

| 45|| || 10,227

| 46|| || 9,442

| 47|| || 4,879

| 48|| || 2,417

GDP growth rate

thumb|Azerbaijan is among the fastest growing economies in Europe, in part due to the country's growing energy sector.

thumb|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.

{| class="wikitable sortable"

! style="width:2em;" ! data-sort-type="number"| Rank !! Country !! Real GDP growth rate (%)

| 1|| || 9.30 (2013 est.)

| 2|| || 7.80

| 3|| || 5.40

| 4|| || 4.50

| 5|| || 4.20

| 6|| || 4.10

| 7|| || 4.10

| 8|| || 4.00

| 9 || || 3.80

| 10|| || 3.70

| 11 || || 3.70

| 12|| || 3.60

| 13|| || 3.60

| 14|| || 3.20

| 15|| || 3.00

| 16|| || 3.00

| 17|| || 2.90

| 18|| || 2.90

| 19|| || 2.80

| 20|| || 2.80

| 21|| || 2.70

| 22|| || 2.60

| 23|| || 2.20

|24

|1.90

| 25|| || 1.80

| 26|| || 1.60

|27|| || 1.60

| 28|| || 1.60

| 29|| || 1.60

| 30|| || 1.50

| 31|| || 1.50

| 32|| || 1.40

| 33|| || 1.20

| 34|| || 1.10

| 35|| || 1.10

| 36|| || 1.10

| 37|| || 1.00

| 38|| || 0.90

| 39|| || 0.90

| 40|| || 0.80

| 41|| || 0.70

| 42|| || 0.40

| 43|| || −0.20

| 44|| || −1.10

| 45|| || −1.60

| 46|| || −3.70

| 47|| || −3.90

| 48|| || −9.90

GDP (nominal) per capita of sovereign states in Europe

Data provided is by the IMF (2026). Data for Monaco is from 2023.

thumb|Monaco is home to one of the world's wealthiest populations, and has the highest level of GDP per capita in Europe.

thumb|Like Monaco, the small size of Liechtenstein has led to it being among the highest ranked European states for GDP per capita.

thumb|Luxembourg is home to an established financial sector as well as one of Europe's richest populations.

thumb|Despite having the highest GDP growth rate in Europe, Moldova is among its poorest states, and also has Europe's smallest GDP per capita.

{| class="wikitable sortable" style="margin-right:auto;text-align: right"

! data-sort-type="number" | Rank in Europe

! Country

! US$

| 1 || style="text-align:left;"| || 288,688

| 2 || style="text-align:left;"| || 226,809

| 3 || style="text-align:left;"| || 158,733

| 4 || style="text-align:left;"| || 140,186

| 5 || style="text-align:left;"| || 126,177

| 6 || style="text-align:left;"| || 110,048

| 7 || style="text-align:left;"| || 105,877

| 8 || style="text-align:left;"| || 83,445

| 9 || style="text-align:left;"| || 79,918

| 10 || style="text-align:left;"| || 70,676

| 11 || style="text-align:left;"| || 70,187

| 12 || style="text-align:left;"| || 68,755

| 13 || style="text-align:left;"| || 67,761

| 14 || style="text-align:left;"| || 65,112

| 15 || style="text-align:left;"| || 61,056

| 16 || style="text-align:left;"| || 60,130

| 17 || style="text-align:left;"| || 56,069

| 18 || style="text-align:left;"| || 53,560

| 19 || style="text-align:left;"| || 53,474

| 20 || style="text-align:left;"| || 46,505

| 21 || style="text-align:left;"| || 45,409

| 22 || style="text-align:left;"| || 41,563

| 23 || style="text-align:left;"| || 40,630

| 24 || style="text-align:left;"| || 39,795

| 25 || style="text-align:left;"| || 37,718

| 26 || style="text-align:left;"| || 36,545

| 27 || style="text-align:left;"| || 35,433

| 28 || style="text-align:left;"| || 31,336

| 29 || style="text-align:left;"| || 31,242

| 30 || style="text-align:left;"| || 30,030

| 31 || style="text-align:left;"| || 29,696

| 32 || style="text-align:left;"| || 28,913

| 33 || style="text-align:left;"| || 28,430

| 34 || style="text-align:left;"| || 25,693

| 35 || style="text-align:left;"| || 23,848

| 36 || style="text-align:left;"| || 19,018

| 37 || style="text-align:left;"| || 18,526

| 38 || style="text-align:left;"| || 17,252

| 39 || style="text-align:left;"| || 16,377

| — || style="text-align:left;"| World || 14,217

| 40 || style="text-align:left;"| || 12,493

| 41 || style="text-align:left;"| || 11,967

| 42 || style="text-align:left;"| || 11,285

| 43 || style="text-align:left;"| || 10,701

| 44 || style="text-align:left;"| || 9,354

| 45 || style="text-align:left;"| ' || 8,958

| 46 || style="text-align:left;"| || 6,980

GDP purchasing power parity (PPP)

thumb|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)

{| class="wikitable sortable"

! style="width:2em;" ! data-sort-type="number"| Rank !! Country !! GDP (billions of US$)

| 1|| || 4,342.9

| 2|| || 4,227.4

| 3|| || 3,040.4

| 4|| || 3,038.8

| 5|| || 2,399.7

| 6|| || 1,865.9

| 7|| || 1,215.4

| 8|| || 551.5

| 9|| || 550.8

| 10|| || 548.8

| 11|| || 516.3

| 13|| || 463.5

| 14|| || 396.1

| 15|| || 395.8

| 16|| || 390.4

| 17|| || 389.0

| 18|| || 333.1

| 19|| || 312.2

| 20|| || 312.0

| 21|| || 302.2

| 22|| || 256.8

| 23|| || 191.2

| 24|| || 189.2

| 25|| || 179.1

| 26|| || 162.1

| 27|| || 122.7

| 28|| || 107.3

| 29|| || 97.0

| 30|| || 75.9

| 31|| || 64.0

| 32|| || 57.8

| 33|| || 52.4

| 34|| || 45.4

| 35|| || 42.6

| 36|| || 38.3

| 37|| || 32.6

| 38|| || 34.5

| 39|| || 30.5

| 40|| || 25.8

| 41|| || 21.4

| 42|| || 19.4

| 43|| || 11.9

| 44|| || 5.74 (2011 est.)

! style="width:2em;" ! data-sort-type="number"| Rank !! Country !! Total wealth (billions USD)

| || Europe || 85,402

| || ' || 77,821

| 1|| || 14,499

| 2|| || 14,209

| 3|| || 13,883

| 4|| || 10,569

| 5|| || 7,152

| 6|| || 3,611

| 7|| || 3,357

| 8|| || 2,776

| 9|| || 2,240

| 10|| || 1,920

| 11|| || 1,637

| 12|| || 1,276

| 13|| || 1,181

| 14|| || 975

| 15|| || 974

| 16|| || 916

| 17|| || 806

| 18|| || 697

| 19|| || 524

| 20|| || 317

| 21|| || 294

| 22|| || 188

| 23|| || 151

| 24|| || 138

| 25|| || 138

| 26|| || 133

| 27|| || 120

| 28|| || 91

| 29|| || 73

| 30|| || 60

| 31|| || 57

| 32|| || 55

| 33|| || 53

| 34|| || 49

| 35|| || 40

| 36|| || 37

| 37|| || 20

| 38|| || 12

| 39|| || 11

Financial

Current account balance

The current account balance values provided are the 2013 figures (unless otherwise indicated) as recorded in the CIA World Factbook. Figures for Andorra, Liechtenstein, Monaco and San Marino are unavailable.

{| class="wikitable sortable"

! style="width:2em;" ! data-sort-type="number"| Rank !! Country !! Current account balance (US$)

| 1|| || 257,100,000,000

| 2|| || 74,800,000,000 (2012 est.)

| 3|| || 67,400,000,000

| 4|| || 65,870,000,000

| 5|| || 65,600,000,000

| 6|| || 39,000,000,000

| 7|| || 19,600,000,000

| 8|| || 13,280,000,000

| 9|| || 10,600,000,000

| 10|| || 7,300,000,000

| 11|| || 3,315,000,000

| 12|| || 2,954,000,000

| 13|| || 2,700,000,000

| 14|| || 2,100,000,000

| 15|| || 2,021,000,000

| 16|| || 1,722,000,000

| 17|| || 1,000,000,000

| 18|| || 133,100,000

| 19|| || −100,000,000

| 20|| || −102,300,000

| 21|| || −182,300,000

| 22|| || −194,100,000

| 23|| || −352,300,000

| 24|| || −358,200,000

| 25|| || −507,700,000

| 26|| || −567,000,000

| 27|| || −613,900,000

| 28|| || −720,600,000

| 29|| || −939,500,000

| 30|| || −1,280,000,000

| 31|| || −1,375,000,000

| 32|| || −1,807,000,000

| 33|| || −1,938,000,000 (2012 est.)

| 34|| || −1,986,000,000

| 35|| || −2,000,000,000

| 36|| || −2,400,000,000

| 37|| || −3,270,000,000

| 38|| || −4,245,000,000

| 39|| || −9,100,000,000

| 40|| || −11,060,000,000

| 41|| || −11,920,000,000

| 42|| || −58,970,000,000

| 43|| || -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. Figures for Liechtenstein and Monaco are unavailable.

{| class="wikitable sortable"

! style="width:2em;" ! data-sort-type="number"| Rank !! Country !! Public debt (% of GDP)

| 1|| || 175.00

| 2|| || 133.00

| 3|| || 130.50

| 4|| || 127.80

| 5|| || 113.10

| 6|| || 102.40

| 7|| || 93.70

| 8|| || 93.40

| 9|| || 91.10

| 10|| || 79.90

| 11|| || 79.80

| 12|| || 75.70

| 13|| || 75.30

| 14|| || 74.30

| 15|| || 71.70

| 16|| || 70.50

| 17|| || 66.20

| 18|| || 64.80 (2019)

| 19|| || 61.20

| 20|| || 56.50

| 21|| || 55.50

| 22|| || 52.10 (2012 est.)

| 23|| || 48.80

| 24|| || 48.20

| 25|| || 47.00

| 26|| || 45.90

| 27|| || 41.50

| 28|| || 41.10 (2012)

| 29|| || 40.60

| 30|| || 40.20

| 31|| || 39.20

| 32|| || 38.60

| 33|| || 37.70

| 34|| || 36.60

| 35|| || 36.30 (2012 est.)

| 36|| || 34.30

| 37|| || 33.80

| 38|| || 31.50

| 39|| || 30.10

| 40|| || 25.80

| 41|| || 22.90

| 42|| || 18.40

| 43|| || 16.60

| 44|| || 7.90

| 45|| || 7.50

| 46|| || 6.00

Unemployment rate

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

{| class="wikitable sortable"

! style="width:2em;" ! data-sort-type="number"| Rank !! Country !! Unemployment rate (%)

| 1|| || 0.1 (2013)

{| class="wikitable sortable"

! style="width:2em;" ! data-sort-type="number"| Rank !! Country !! Monthly minimum (euro)

| 1|| || 2,049

| 2|| || 1,832

|1,750 (2020)

| 4|| || 1,732

| 5|| || 1,578

| 6|| || 1,563

| 7|| || 1,563

| 8|| || 1,498

| 9|| || 1,458

| 10|| || 1,413

| 11|| || 1,050

| 12|| || 991

| 13|| || 886

| 14|| || 761

| 15|| || 700

| 16|| || 683

| 17|| || 555

| 18|| || 540

| 19|| || 524

| 20|| || 480

| 21|| || 477

| 22|| || 462

| 23|| || 445

| 24|| || 430

| 25|| || 407

| 26|| || 300

| 27|| || 276

| 28|| || 260

| 29|| || 239

| 30|| || 207

| 31|| || 193

| 32|| || 139

| 33|| || 128

| 34|| || 125

| 35|| || 124

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.

{| class="wikitable sortable"

! style="width:2em;" ! data-sort-type="number"| Rank !! Country !! HDI !! Change

| 1|| || 0.953 || 0.002

| 2|| || 0.944 || 0.001

| 3|||| 0.938 || 0.004

| 4|| || 0.936 || 0.002

| 5||

| 0.935 || 0.002

| 6|||| 0.933 || 0.001

| 7|||| 0.931 || 0.003

| 8|||| 0.929 || 0.001

| 9|| || 0.922 || 0.002

| 10||

| 0.920 || 0.002

| 11|||| 0.916 || 0.001

| 12||

| 0.916 || 0.001

| 13|||| 0.908 || 0.002

| 14|| || 0.904 || 0.001

| 15|||| 0.901 || 0.002

| 16|| || 0.896 || 0.002

| 17|| || 0.891 || 0.002

| 18|||| 0.888 || 0.003

| 19|||| 0.880 || 0.002

| 20|||| 0.878 || 0.003

| 21|||| 0.871 || 0.003

| 22|||| 0.870 || 0.002

| 23|||| 0.869 || 0.002

| 24|| || 0.865 || 0.005

| 25|| || 0.858 || 0.002

| 26|||| 0.858 || 0.003

| 27|||| 0.855 || 0.002

| 28|||| 0.847 || 0.003

| 29|||| 0.847 || 0.002

| 30|||| 0.838 || 0.003

| 31|||| 0.831 || 0.003

| 32|||| 0.816 || 0.001

| 33|||| 0.814 || 0.004

| 34|||| 0.813 || 0.003

| 35|||| 0.811 || 0.004

| 36|||| 0.808 || 0.003

| 37|| || 0.806 || 0.004

| 38|||| 0.787 || 0.002

| 39|||| 0.785 || 0.003

| 40|||| 0.780 || 0.002

| 41|| || 0.780 || 0.004

| 42|||| 0.757 ||

| 43|||| 0.757 || 0.001

| 44|| || 0.755 || 0.006

| 45|||| 0.752 || 0.005

| 46|| || 0.700 || 0.003

Percentage living below poverty line

The percentage figures for citizens living below the poverty line are provided by either the CIA World Factbook (2007) or the World Bank (2012) There is no data available for eleven European states.

{| class="wikitable sortable"

! style="width:2em;" ! data-sort-type="number"| Rank !! Country !! Percentage !! Year

| 1|| || 4.0 || 2008

| 2|| || 4.3 || 2007

| 3|| || 5.5 || 2009

| 4|| || 5.9 || 2004

| 5|| || 6.0 || 2008

| 5|| || 6.0 || 2012

| 7|| || 6.2 || 2004

| 8|| || 6.9 || 2010

| 9|| || 7.3 || 2011

| 10|| || 7.6 || 2008

| 11|| || 7.8 || 2011

| 12|| || 8.6 || 2012

| 13|| || 9.1 || 2013

| 14|| || 10.5 || 2005

| 15|| || 11.3 || 2012

| 16|| || 12.3 || 2008

| 17|| || 12.7 || 2011

| 18|| || 13.2 || 2011

| 19|| || 13.4 || 2011

| 20|| || 13.9 || 2010

| 21|| || 14.0 || 2006

| 22|| || 15.2 || 2007

| 23|| || 15.5 || 2010

| 24|| || 16.6 || 2012

| 25|| || 16.9 || 2010

| 26|| || 17.5 || 2010

| 27|| || 17.7 || 2011

| 28|| || 17.9 || 2011

| 29|| || 18.0 || 2009

| 30|| || 18.0 || 2006

| 31|| || 19.8 || 2005

| 32|| || 20.0 || 2009

| 33|| || 20.7 || 2009

| 34|| || 21.1 || 2010

| 35|| || 22.2 || 2011

| 35|| || 22.2 || 2023

| 37|| || 34.1 || 2009

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.

{| class="wikitable sortable"

! style="width:2em;" ! data-sort-type="number"| Rank !! Country !! Social Progress Index

| 1|| || 88.19

| 2|| || 88.07

| 3|| || 87.37

| 4|| || 87.12

| 5|| || 87.08

| 6|| || 86.91

| 7|| || 86.55

| 8|| || 85.11

| 9|| || 84.61

| 10|| || 84.56

| 11|| || 84.05

| 12|| || 82.63

| 13|| || 81.65

| 14|| || 81.65

| 15|| || 81.10

| 16|| || 80.77

| 17|| || 80.49

| 18|| || 80.41

| 19|| || 78.93

| 20|| || 77.44

| 21|| || 76.93

| 22|| || 73.91

| 23|| || 73.87

| 24|| || 73.76

| 25|| || 73.43

| 26|| || 73.31

| 27|| || 70.61

| 28|| || 70.24

| 29|| || 69.13

| 30|| || 68.33

| 31|| || 67.72

| 32|| || 66.80

| 33|| || 65.20

| 34|| || 65.03

| 35|| || 64.99

| 36|| || 64.91

| 37|| || 64.62

| 38|| || 63.94

| 39|| || 62.44

| 40|| || 60.79

| 41|| || 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.

{| class="wikitable sortable"

! style="width:2em;" ! data-sort-type="number"| Rank !! Country !! Happiness !! Change in happiness (2005-2006)

| 1|| || 7.693 || −0.233

| 2|| || 7.655 || 0.263

| 3|| || 7.650 || 0.303

| 4|| || 7.512 || 0.054

| 5|| || 7.480 || 0.171

| 7|| || 7.369 || 0.247

| 8|| || 7.355 || N/A

| 9|| || 7.076 || −0.068

| 10|| || 7.054 || N/A

| 11|| || 6.967 || −0.274

| 12|| || 6.883 || −0.003

| 13|| || 6.764 || −0.049

| 14|| || 6.672 || 0.163

| 15|| || 6.466 || 0.228

| 16|| || 6.322 || −0.750

| 17|| || 6.290 || −0.180

| 18|| || 6.060 || 0.249

| 19|| || 6.021 || −0.691

| 20|| || 5.969 || 0.705

| 21|| || 5.964 || N/A

| 22|| || 5.822 || 0.085

| 23|| || 5.791 || 0.852

| 24|| || 5.661 || −0.160

| 25|| || 5.550 || 0.915

| 26|| || 5.504 || −0.133

| 27|| || 5.464 || 0.346

| 28|| || 5.435 || −0.891

| 29|| || 5.426 || −0.456

| 30|| || 5.426 || 0.074

| 31|| || 5.344 || 0.171

| 32|| || 5.299 || 0.103

| 33|| || 5.101 || −0.305

| 34|| || 5.057 || 0.032

| 35|| || 5.046 || 0.358

| 36|| || 5.033 || −0.186

| 37|| || 4.981 || 0.137

| 38|| || 4.813 || 0.063

| 39|| || 4.813 || −0.087

| 40|| || 4.775 || −0.300

| 41|| || 4.604 || −0.045

| 42|| || 4.574 || 0.081

| 43|| || 4.316 || −0.269

| 44|| || 4.187 || 0.496

Summary

Economic

is the second fastest growing economy in Europe, and the fastest growing transcontinental economy.
has the highest net national wealth of any European state.
is the current largest economy in Europe, the European Union and the eurozone.
is the fastest growing economy in both the eurozone and the European Union.
is home to the highest GDP (nominal) per capita in both the European Union and eurozone.
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.
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.
has the highest GDP (nominal) per capita of any European state.
is the largest transcontinental European economy and will remain so until at least 2030.
is Europe's smallest economy, and is also the third weakest growing economy in Europe.
is the largest non-eurozone economy in Europe.

Financial

has the lowest unemployment rate in the European Union and the eurozone.
has the lowest unemployment rate in Europe, although this figure includes underemployment.
has the smallest average wage and monthly minimum wage in the European Union.
has the smallest public debt (as a percentage of GDP) of any state in Europe, as well as in the European Union and eurozone.
has the largest financial deficit of any state in the eurozone.
has the lowest monthly minimum wage in Europe.
has the largest financial surplus of any country in Europe as well as the remainder of the world.
has the highest public debt (as a percentage of GDP) of any European state.
has the highest unemployment rate of any European state.
has the highest average wage of any state in Europe.
has the smallest average wage and monthly minimum wage in the eurozone.
has the highest average wage in the European Union and eurozone as well as the highest monthly minimum wage in the entirety of Europe.
has the largest surplus of those European countries not a member of either (or both) the EU or eurozone.
has the smallest average wage in Europe, mostly as a result of the ongoing war.
has the largest deficit of any country in Europe and the European Union.

has the largest percentage living under the poverty line of any state in Europe.

has the highest Change in Happiness of any state in Europe.
has the smallest rating for Opportunity in Europe.
has the smallest rating for Opportunity in the European Union.
ranks highest on the World Happiness Report in Europe and the European Union.
has the highest rating for Opportunity in Europe, the European Union and the eurozone.
has the weakest Human Development Index and World Happiness Index figures in the eurozone.
has the smallest percentage living below the poverty line in Europe.
ranks lowest on the Human Development Index and Social Progress Index in Europe.
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.
has the highest Human Development Index figure in Europe.
ranks highest in Europe on the Social Progress Index.

Notes

Not in use-->

</references>

Financial and social rankings of sovereign states in Europe

Definition of Europe

Economic

Countries by GDP (nominal)

GDP growth rate

GDP (nominal) per capita of sovereign states in Europe

GDP purchasing power parity (PPP)

Financial

Current account balance

Public debt

Unemployment rate

Human Development Index

Percentage living below poverty line

Opportunity

Summary

Economic

Financial

Notes

See also

References