With a Gross Domestic Product of over 4.18 trillion Euros, the German economy was by far the largest in Europe in 2023. The similarly sized economies of the United Kingdom and France were the second and third largest economies in Europe during this year, followed by Italy and Spain. The smallest economy in this statistic is that of the small Balkan nation of Montenegro, which had a GDP of 5.7 billion Euros. In this year, the combined GDP of the 27 member states that compose the European Union amounted to approximately 17.1 trillion Euros. The big five Germany’s economy has consistently had the largest economy in Europe since 1980, even before the reunification of West and East Germany. The United Kingdom, by contrast, has had mixed fortunes during the same period and had a smaller economy than Italy in the late 1980s. The UK also suffered more than the other major economies during the recession of the late 2000s, meaning the French economy was the second largest on the continent for some time afterward. The Spanish economy was continually the fifth-largest in Europe in this 38-year period, and from 2004 onwards, has been worth more than one trillion Euros. The smallest GDP, the highest economic growth in Europe Despite having the smallerst GDP of Europe, Montenegro emerged as the fastest growing economy in the continent, achieving an impressive annual growth rate of 4.5 percent, surpassing Turkey's growth rate of 4 percent. Overall,this Balkan nation has shown a remarkable economic recovery since the 2010 financial crisis, with its GDP projected to grow by 28.71 percent between 2024 and 2029. Contributing to this positive trend are successful tourism seasons in recent years, along with increased private consumption and rising imports. Europe's economic stagnation Malta, Albania, Iceland, and Croatia were among the countries reporting some of the highest growth rates this year. However, Europe's overall performance reflected a general slowdown in growth compared to the trend seen in 2021, during the post-pandemic recovery. Estonia experienced the sharpest negative growth in 2023, with its economy shrinking by 2.3% compared to 2022, primarily due to the negative impact of sanctions placed on its large neighbor, Russia. Other nations, including Sweden, Germany, and Finland, also recorded slight negative growth.

The fastest growing economy in Europe in 2024 was Malta. The small Mediterranean country's gross domestic product grew at five percent in 2024, beating out Montenegro which had a growth rate of almost four percent and the Russian Federation which had a rate of 3.6 percent in the same year. Estonia was the country with the largest negative growth in 2024, as the Baltic country's economy shrank by 0.88 percent compared with 2023, largely as a result of the country's exposure to the economic effects of Russia's invasion of Ukraine and the subsequent economic sanctions placed on Russia. Germany, Europe's largest economy, experience economic stagnation with a growth of 0.1 percent. Overall, the EU (which contains 27 European countries) registered a growth rate of one percent and the Eurozone (which contains 20) grew by 0.8 percent.

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Since 1980, Europe's largest economies have consistently been France, Germany, Italy, Spain, and the United Kingdom, although the former Soviet Union's economy was the largest in the 1980s, and Russia's economy has been larger than Spain's since 2010. Since Soviet dissolution, Germany has always had the largest economy in Europe, while either France or the UK has had the second largest economy depending on the year. Italy's economy was of a relatively similar size to that of the UK and France until the mid-2000s when it started to diverge, resulting in a difference of approximately 800 billion U.S dollars by 2018. Russia's economy had overtaken both Italy and Spain's in 2012, but has fallen since 2014 due to the drop in international oil prices and the economic sanctions imposed for its annexation of Crimea - economic growth is expected to be comparatively low in Russia in the coming years due to the economic fallout of its invasion of Ukraine in 2022. In 2025, Germany, now the world's third-largest economy, was estimated at over *** trillion U.S. dollars.

The average for 2023 based on 44 countries was 44137.65 U.S. dollars. The highest value was in Monaco: 256580.52 U.S. dollars and the lowest value was in Ukraine: 5069.7 U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

The real gross domestic product (GDP) of Malta is estimated to have grown by *** percent in 2023 and is projected to grow a further **** percent in 2024, which are the highest growth rates across all European countries for each year. In comparison, Estonia, Austria, Finland, and Ireland all had *************** rates in 2023.

This dataset provides values for GDP PER CAPITA PPP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The European Union is comprised of 27 member states who share the European Single Market, a common trade area which ensures the free movement of goods, services, capital, and people. As of 2024, the largest economies in the EU were Germany, France, Italy, Spain, and the Netherlands, with these countries making up the vast majority of the EU's almost 17 trillion Euro GDP. The relatively small island member states of Cyprus and Malta come in at the bottom of the list, with GDPs of around 23 and 33 billion Euros respectively.

This is the replication package for "China, Europe and the Great Divergence: A Study in Historical national Accounting". As a result of recent advances in historical national accounting, estimates of GDP per capita are now available for a number of European economies back to the medieval period, including Britain, the Netherlands, Italy and Spain. The approach has also been extended to Asian economies, including India and Japan. So far, however, China, which has been at the center of the Great Divergence debate, has been absent from this approach. This paper adds China to the picture and shows that the Great Divergence began earlier than originally suggested by the California School, but later than implied by older Eurocentric writers.

The economy of the European Union is set to grow by *** percent in 2025, according to forecasts by the European Commission. This marks a significant slowdown compared to previous years, when the EU member states grew quickly in the aftermath of the COVID pandemic. ***** is the country which is forecasted to grow the most in 2025, with an annual growth rate of *** percent. Many of Europe's largest economies, on the other hand, are set to experiencing slow growth or stagnation, with Germany, France, and Italy growing below *** percent.

The average for 2023 based on 43 countries was 50594 U.S. dollars. The highest value was in Luxembourg: 130491 U.S. dollars and the lowest value was in Moldova: 15855 U.S. dollars. The indicator is available from 1990 to 2023. Below is a chart for all countries where data are available.

Germany Current Economic Situation Indicator: Euro Area: Good data was reported at 0.600 % in Apr 2025. This stayed constant from the previous number of 0.600 % for Mar 2025. Germany Current Economic Situation Indicator: Euro Area: Good data is updated monthly, averaging 3.200 % from Jan 1999 (Median) to Apr 2025, with 316 observations. The data reached an all-time high of 86.300 % in Jun 2007 and a record low of 0.000 % in Jan 2025. Germany Current Economic Situation Indicator: Euro Area: Good data remains active status in CEIC and is reported by Leibniz Centre for European Economic Research. The data is categorized under Global Database’s Germany – Table DE.S001: Indicator of Economic Sentiment: ZEW.

This dataset provides values for GOVERNMENT DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset provides values for PRODUCTIVITY reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The average for 2023 based on 45 countries was 0.47 points. The highest value was in Liechtenstein: 1.61 points and the lowest value was in Ukraine: -1.43 points. The indicator is available from 1996 to 2023. Below is a chart for all countries where data are available.

The average for 2021 based on 25 countries was 24.17 percent. The highest value was in Bulgaria: 29.9 percent and the lowest value was in Slovakia: 19.1 percent. The indicator is available from 1963 to 2023. Below is a chart for all countries where data are available.

Attitudes towards the European Union. Globalisation. Assessment of the economic and financial crisis, and the EU policy.

Topics: 1. Standard trends and attitudes towards the EU: general life satisfaction; assessment of the national and the European economic situation; assessment of the world economic situation; assessment of the personal job situation and the financial situation of the own household; assessment of the situation on the labour market in the own country and the situation in the environment in the own country; assessment of the national situation compared to the average of the European Union countries regarding the economic situation, the situation on the labour market, cost of living, energy prices, quality of life, and the situation of the environment; future expectations in the above fields; most important problems of the country; EU membership of the own country is a good thing; benefits from the own country’s membership in the EU; development of the own country, the EU, and the USA in the right direction; trust in institutions (media, internet, army, national legal system, political parties, national government, national parliament, European Union, United Nations, regional or local authorities, and NATO); positive or negative image of the EU; EU´s main features; knowledge test on the EU institutions: European Parliament, European Commission, Council of the European Union, European Central Bank; confidence in these institutions; attitude towards a European Monetary Union; attitude towards the enlargement of the EU; assessment of the speed of building Europe; the EU´s most important issues; knowledge test about the EU: number of member states, result of the Irish referendum; membership of Switzerland (Split A) and Iceland (Split B) in the EU; satisfaction with the democracy in the own country and in the EU; understanding of the processes of the EU; assessment regarding the consideration of national interests in the EU; assessment of the EU´s growth speed; citizens of different countries share more common characteristics than differences; lack of ideas for Europe; the EU must meet the global challenges.

1. The EU, the world, and globalisation: most important factors for the global influence of a country or of a group of countries; assignment of these factors to the EU; attitude towards globalisation (scale: opportunity for economic growth, increasing social inequalities, demand for global governance, identical interests of the USA and the EU in dealing with globalisation, protects from price increases, peacekeeping, threat to national culture, is profitable only for large companies but not for the citizens, leads to foreign investment in the own country, promotes the development of poorer countries, leading to more openness to other cultures, the EU has sufficient power to defend their economic interests, EU protects its citizens from the negative effects of globalisation (Split A) or enables European citizens to better benefit from the positive effects of globalisation (Split B); globalisation as an opportunity or as a threat to the national economy; comparison of the performance of the European economy with the American, Japanese, Chinese, Indian, Russian and Brazilian economy; preferred orientation of the national society to meet global challenges.

2. Economic and financial crisis: expected worsening or recovery of the economic crisis; expected development of the individual financial situation of the household in the next months; most important actors to combat the crisis; positive or negative associations with the following terms (image): company, welfare state, competitiveness, free trade, protectionism, globalisation, liberalisation, trade union, reforms, public administration, flexibility, competition, security, and solidarity; attitude towards a free enterprise economy (scale: too strong intervention of the state in the lives of the individuals, economic growth prior to environmental protection (Split A) or environmental protection prior to economic growth (Split B), free competition is a guarantee of prosperity); attitude towards a reduction of the value of material possessions; approval of increased development of new technologies; impression of loss of personal purchasing power; expected change in the living conditions of future generations; suspected improvement of the lives of the young generation in the country by emigrating to another country; most important personal values; values that represent best the EU.

3. Subsidiarity: European, national or local level has the most impact on the own living conditions; sufficient consideration of regional interests in decisions of the European Union.

Only in EU 27 was asked: awareness of the current Swedish presidency of the EU; awareness of the change of presidency to Spain; optimism for the future of the EU; better protection against the economic crisis by maintaining the old currency; mitigation of the negative impact of the...

Current Economic Situation Indicator: Germany: Good data was reported at 0.600 % in Apr 2025. This records an increase from the previous number of 0.000 % for Mar 2025. Current Economic Situation Indicator: Germany: Good data is updated monthly, averaging 6.100 % from Dec 1991 (Median) to Apr 2025, with 401 observations. The data reached an all-time high of 95.700 % in Jan 2018 and a record low of 0.000 % in Mar 2025. Current Economic Situation Indicator: Germany: Good data remains active status in CEIC and is reported by Leibniz Centre for European Economic Research. The data is categorized under Global Database’s Germany – Table DE.S001: Indicator of Economic Sentiment: ZEW.

Sampling Procedure Comment: Probability Sample: Multistage Stratified Random Sample