The European Union is comprised of 27 member states with economies of varying sizes. In 2023, Germany, France, and Italy made up over half of the European economy's output. Roughly another quarter of the union's GDP was made up by the next five largest economies, Spain, the Netherlands, Poland, Sweden, and Belgium. The remaining 19 member states make up the rest of the EU's GDP, with around 20 percent collectively.
In 2022, renewable energy sources accounted for over 38 percent of the electricity production in the European Union, after having increased over the past decade. However, fossil fuels still represented the largest share of electricity produced in the EU. Nuclear energy was the main source of power in the region, followed by gas.
This statistic shows the public spending ratio in the member states of the European Union in 2023. All figures are estimates. The public spending ratio is the ratio of state expenditures to the gross domestic product (GDP). In 2023, Belgium's public spending ratio amounted to about 54.58 percent of the GDP.
The energy supply sector accounted for just over a quarter of 25 greenhouse gas emissions in the European Union (EU-27) in 2022 (excluding LULUCF and international shipping). Domestic transportation followed, with shares of roughly 23 percent.
In 2023 Germany's contribution to the budget of the European Union was more than 29 billion Euros, the highest of any EU member state. France was the next highest contributor at 26 billion Euros. followed by Italy at 16 billion Euros and Spain at 11.1 billion Euros. The country which contributed the lowest amount was the small island nation of Malta, at 151.9 million Euros. Largest economies in Europe The amount which EU member states contribute to the EU budget is heavily linked to the size of its economy. Germany, for example, has the largest economy in the whole of the EU, with Gross domestic product reaching almost 4.12 trillion Euros in 2023. France and Italy have the second and third largest economies in Europe with GDPs of 2.8 and 2.1 trillion euros respectively.
Road transportation was the largest source of carbon dioxide (CO₂) emissions in the European Union in 2022, accounting for approximately 29 percent of total net CO₂ emissions (including international aviation). Public electricity and heat production was the second-largest polluter that year, with a contribution of 28 percent.
Across Europe, institutional clients accounted for 70 percent of all Assets under Management (AUM), with retail clients accounting for 30 percent of the asset management industries client base. There were, however, some specific countries that deviated from this trend. In Spain, over 85 percent of AUM were accounted for by retail clients. On the other end of the spectrum, Switzerland managed assets primarily for institutional clients.
Road transportation accounted for approximately three quarters of transportation sector carbon dioxide (CO₂) emissions in the European Union in 2022 (including international bunkers). Maritime navigation was the second-largest polluter that year, with a share of 14 percent of EU transportation-related emissions.
This statistic shows the age distribution among the inhabitants of the European Union from 2013 to 2023. In 2023, approximately 14.62 percent of the EU population were aged between 0 and 14 years.
In the European Union, approximately half of all tax revenues are generated by taxes on labor income, with a further 27.5 percent of revenues coming from consumption taxes, while only a fifth came from taxes on capital. Over the past decade, the composition of total tax revenues in Europe has remained generally stable, with slight increases in the share of revenues generated by capital taxes, and slight declines in the share generated by labor taxes.
In 2023, around 7.9 percent of healthcare expenditure in Europe went on medical technology. Within this share, medical devices (including imaging) accounted for 7.2 percent and in vitro diagnostics accounted for 0.7 percent.
As of 2023, approximately 93.6 percent of enterprises in the non-financial business economy of Europe were micro-sized businesses that employed between one and nine people. In the same year, approximately 5.4 percent were defined as small businesses (10-49 employees), 0.8 percent were medium-sized (50-249) and 0.2 percent were large businesses that employed 250 or more people.
There were over 31 million people working in the manufacturing sector in the European Union, as of 2024, the most of any economic sector. Employees working in wholesale and retail trade numbered approximately 25.8 million, while there were just over 22.2 million people working in human health and social work.
Road transportation accounted for 73 percent of transportation-related greenhouse gas emissions in the European Union (EU-27) in 2022. Passenger cars are by far the main source of road transportation emissions in the EU.
In 2021 there were approximately 41 million households in Germany, 31 million households in France, and 25.8 million households in Italy, with these three countries having the highest number of households among EU countries.
In 2024, Russia had the largest population among European countries at 144.8 million people. The next largest countries in terms of their population size were Turkey at 87.5 million, Germany at 84.5 million, the United Kingdom at 69.1 million, and France at 66.5 million. Europe is also home to some of the world’s smallest countries, such as the microstates of Liechtenstein and San Marino, with populations of 39,870 and 33,581 respectively. Europe’s largest economies Germany was Europe’s largest economy in 2023, with a Gross Domestic Product of around 4.2 trillion Euros, while the UK and France are the second and third largest economies, at 3.2 trillion and 2.8 trillion euros respectively. Prior to the mid-2000s, Europe’s fourth-largest economy, Italy, had an economy that was of a similar sized to France and the UK, before diverging growth patterns saw the UK and France become far larger economies than Italy. Moscow and Istanbul the megacities of Europe Two cities on the eastern borders of Europe were Europe’s largest in 2023. The Turkish city of Istanbul, with a population of 15.8 million, and the Russian capital, Moscow, with a population of 12.7 million. Istanbul is arguably the world’s most famous transcontinental city with territory in both Europe and Asia and has been an important center for commerce and culture for over two thousand years. Paris was the third largest European city with a population of 11 million, with London being the fourth largest at 9.6 million.
In March 2024, the online search engine Bing accounted for 3.65 percent of the European search market across all devices, while market leader Google held a search traffic share of around 91.38 percent. Meanwhile, Yandex's market share was 2.98 percent, while Yahoo! represented around 0.89 percent.
Between 2008 and 2020, government subsidies for renewable energy sources in the European Union (EU) increased significantly. In the former year, renewable energy subsidies accounted for 20 percent of EU energy subsidies. By 2020, this figure had doubled. In that same time period, EU subsidies for fossil fuels declined by nearly 60 percent.
This graph highlights the breakdown of the organic famers in European countries in 2023. It appears that Italy and France had the most organic producers, accounting of for about 17.02 percent and 12.2 percent of the organic producers in Europe that year. Spain, Türkiye, and Germany accounted for between seven and twelve percent of the European organic producers.
This statistic shows the how the frozen food market was distributed in Europe in 2020 according to country. Germany accounted for the largest share of the European frozen food market at 19.1 percent, followed closely by the United Kingdom at 17.03 percent.
The European Union is comprised of 27 member states with economies of varying sizes. In 2023, Germany, France, and Italy made up over half of the European economy's output. Roughly another quarter of the union's GDP was made up by the next five largest economies, Spain, the Netherlands, Poland, Sweden, and Belgium. The remaining 19 member states make up the rest of the EU's GDP, with around 20 percent collectively.