Gross domestic product (GDP) per capita is a measure of economic production, which takes the entire output of a national economy during a year and divides it by the population of that country. In the European Union, Luxembourg, Ireland, Denmark, the Netherlands, and Austria come out on top as the countries which produced the most per capita in 2023. Europe's richest countries benefit from multinational companies Many criticisms have been made of using GDP per capita as away to judge a country's economic wealth in recent years, as global capital flows have come to distort the statistics and to give a warped impression of different countries' wealth. This is most notably the case for Ireland and for Luxembourg, which while certainly high-income countries, have experienced dramatic booms in their GDP over the past two decades due to the accounting practices of the large multinational corporations which have their European headquarters in these member states, such as Facebook and Apple in Dublin, and Amazon in Luxembourg. Will the poorest countries converge towards the EU average? At the bottom of the list, two of the most recent member states of the EU, Romania and Bulgaria, come last in terms of GDP per capita. Whether these countries will be able to capitalize on their relatively low-wages to spur economic growth and experience the convergence towards the older member states of the union shown by countries such as Estonia, Czechia, and Lithuania, remains a pressing issue for these poorer member states.

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.

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

As of 2025, there are nine official candidate countries for membership in the European Union, as well as Kosovo identified by the European Commission as a potential future candidate. A key element of the Copenhagen Criteria - the conditions which must be fulfilled to join the EU - is the existence of a functioning market economy in the candidate country, with the ability of the country to handle the strong competition and economic pressures which come with joining the European Single Market. While the political and administrative/institutional criteria have been considered the key stumbling block which has prevented the current candidate countries from progressing towards full membership, the current state of the economies of candidate countries is also a cause for concern. According to the most recently available data, all candidate countries have lower GDP per capita than even the poorest EU member state, Bulgaria. Ukraine, the newest candidate country, which was granted candidate status by the EU in response to Russia's invasion of the country in 2022, is the poorest candidate country, as measured by GDP per capita. This represents a serious issue, as the EU has never incorporated a country which is so far from the average economic standards of the Union. On the other hand, the chance to join the EU could provide an economic boost to Ukraine, or any other candidate country, as can be seen with the fast rising GDP per capita of countries which have joined the EU since 2004, such as Czechia, Hungary, and Poland.

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.

Key information about European Union GDP Per Capita

• European Union Gross Domestic Product (GDP) per Capita reached 38,454.191 USD in Dec 2021, compared with 34,402.825 USD in Dec 2020.
• EU GDP Per Capita data is updated yearly, available from Dec 1999 to Dec 2021, with an average number of 33,135.176 USD.
• The data reached an all-time high of 38,454.191 USD in Dec 2021 and a record low of 16,892.743 in Dec 2000.
• CEIC calculates GDP per Capita from quarterly Nominal GDP and annual Population and converts it into USD. Eurostat provides Nominal GDP in EUR and Population. Federal Reserve Board average market exchange rate is used for currency conversions. European Union stands for EU27 excluding UK.

• In the latest reports, EU GDP expanded 1.264 % YoY in Mar 2023.
• EU Nominal GDP reached 4,140.452 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 6.144 % in Dec 2022.
• Gross Savings Rate of EU was measured at 25.835 % in Dec 2022.

In the 16 years leading up to the First World War, the growth of GDP per capita varied across Europe, from growth rates of just six percent in the Netherlands, to 37 percent in Denmark. Of the major powers, France and Germany experienced the largest growth in this period, at 32 percent growth each, while Britain's growth was roughly half of this. It is important to remember, that the GDP per capita, along with economic development and industrialization, varied across Europe in this time period. For these reasons, Central and Eastern Europe had a higher overall GDP per capita growth rate than Western Europe, although Western Europe was much more advanced due to where its economy was in 1897.

This statistic displays the gross domestic product (GDP) per capita in purchasing power standards (PPS) in the European Union (EU-28) in 2017, by country. In relation to the EU28 average set at 100 PPS, the gross domestic product of Luxembourg in the year 2017 was 253 PPS.

GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

Data from 1st of June 2022. For most recent GDP data, consult dataset nama_10_gdp. Gross domestic product (GDP) is a measure for the economic activity. It is defined as the value of all goods and services produced less the value of any goods or services used in their creation. The volume index of GDP per capita in Purchasing Power Standards (PPS) is expressed in relation to the European Union average set to equal 100. If the index of a country is higher than 100, this country's level of GDP per head is higher than the EU average and vice versa. Basic figures are expressed in PPS, i.e. a common currency that eliminates the differences in price levels between countries allowing meaningful volume comparisons of GDP between countries. Please note that the index, calculated from PPS figures and expressed with respect to EU27_2020 = 100, is intended for cross-country comparisons rather than for temporal comparisons."

This statistic shows the gross domestic product (GDP) of the European Union (EU) per capita from 2012 to 2023. In 2023, the GDP amounted to 38,130 euros per capita in the European Union. The overall EU GDP in current prices amounted to 17.1 trillion euros that year. See the total EU population figures for more information.

Key information about EU Public Consumption: % of GDP

• European Union Public Consumption accounted for 22.4 % of its Nominal GDP in Dec 2024, compared with a share of 21.0 % in the previous quarter.
• EU Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1995 to Dec 2024, with an average number of 20.7 %.
• The data reached an all-time high of 23.9 % in Jun 2020 and a record low of 19.1 % in Sep 2007.

• In the latest reports, EU GDP expanded 1.0 % YoY in Mar 2023.
• EU Nominal GDP reached 4,430.4 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 6.5 % in Mar 2023.
• EU GDP Per Capita reached 38,468.8 USD in Dec 2021.
• Its Gross Savings Rate was measured at 25.7 % in Dec 2024.
• For Nominal GDP contributions, Investment accounted for 21.9 % in Dec 2024.
• Private Consumption accounted for 51.9 % in Dec 2024.

EU:(GDP) Gross Domestic ProductBased on purchasing-power-parity (PPP) Per Capita GDP: Current Prices data was reported at 41,339.169 PPP Intl $ in 2017. This records an increase from the previous number of 39,598.470 PPP Intl $ for 2016. EU:(GDP) Gross Domestic ProductBased on purchasing-power-parity (PPP) Per Capita GDP: Current Prices data is updated yearly, averaging 22,478.620 PPP Intl $ from Dec 1980 (Median) to 2017, with 38 observations. The data reached an all-time high of 41,339.169 PPP Intl $ in 2017 and a record low of 9,169.729 PPP Intl $ in 1980. EU:(GDP) Gross Domestic ProductBased on purchasing-power-parity (PPP) Per Capita GDP: Current Prices data remains active status in CEIC and is reported by International Monetary Fund - World Economic Outlook. The data is categorized under World Trend Plus’s Aggregate: Euro Area and European Union – Table EU.IMF.WEO: Gross Domestic Product: European Union (EU28).

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Between 1900 and 1950, Scandinavian countries saw the largest growth in GDP per capita in Europe, more than doubling between 1913 and 1950. In comparison, growth rates were much lower in Western Europe, and lower still in East-Central Europe. From 1913 (the year before the First World War) until the end of the Second World War's recovery period in 1950, Western Europe's GDP per capita grew by just 43 percent, while East-Central Europe's figure increased by just 26 percent.

The average for 2023 based on 42 countries was 31631.29 U.S. dollars. The highest value was in Luxembourg: 105996.66 U.S. dollars and the lowest value was in Ukraine: 2207.01 U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

European Union GDP Per Capita: EA data was reported at 33,900.000 EUR in 2018. This records an increase from the previous number of 32,900.000 EUR for 2017. European Union GDP Per Capita: EA data is updated yearly, averaging 28,000.000 EUR from Dec 1995 (Median) to 2018, with 24 observations. The data reached an all-time high of 33,900.000 EUR in 2018 and a record low of 19,300.000 EUR in 1995. European Union GDP Per Capita: EA data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.A013: ESA 2010: Eurostat: GDP: GDP per Capita.

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

GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

In 1950, at the end of the recovery period that followed the Second World War, GDP per capita across the Eastern Bloc varied greatly by country. Czechoslovakia, the most industrialized country in the Bloc after East Germany, had a GDP per capita that was 69 percent of the rate across Western European** countries. In contrast, Romania's GDP per capita was less than a quarter of the Western European average in 1950. 1950-1989 Generally speaking, Eastern European economies grew faster and made gains on those of the west (not including Mediterranean region) in the 1950s and 1960s, however, a series of recessions and increasing debts meant that this gap widened in the 1970s and 1980s. By 1989, as communism in Europe came to an end, the difference between overall GDP per capita in the Eastern and Western Blocs returned to a similar rate as in 1950, although it varied by country. The Soviet Union, Czechoslovakia, and Poland, three of the larger economies of those given, had a lower share of western GDP per capita in 1989 than in 1950, while the smaller economies of the Balkans saw an increase. 1989-2000 Between 1989 and 2000, the European Union's GDP per capita grew faster than in the former Eastern Bloc countries. However, the end of communism did negatively impact EU economies in the early 1990s. Poland was the only Eastern Bloc country to make gains on the west in these years, although this was more to do with its poor economy in the 1980s. The former-Soviet states, in particular, saw GDP per capita drop below one-quarter of the European Union's rate over this decade, as post-Soviet economic recovery did not realistically begin until the late 1990s.