The Gross Domestic Product per capita in European Union was last recorded at 34859.60 US dollars in 2024. The GDP per Capita in European Union is equivalent to 276 percent of the world's average. This dataset provides the latest reported value for - European Union GDP Per Capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The average for 2024 based on 42 countries was 40186.68 U.S. dollars. The highest value was in Luxembourg: 137516.59 U.S. dollars and the lowest value was in Ukraine: 5389.47 U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

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 2024. 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.

European Union - Real GDP per capita was EUR29280.00 in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Real GDP per capita - last updated from the EUROSTAT on December of 2025. Historically, European Union - Real GDP per capita reached a record high of EUR29300.00 in December of 2022 and a record low of EUR22580.00 in December of 2000.

The average for 2024 based on 27 countries was 56043 U.S. dollars. The highest value was in Luxembourg: 128182 U.S. dollars and the lowest value was in Bulgaria: 34083 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.

The Gross Domestic Product per capita in European Union was last recorded at 54290.99 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in European Union, when adjusted by Purchasing Power Parity is equivalent to 306 percent of the world's average. This dataset provides the latest reported value for - European Union GDP Per Capita Ppp - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita In the Euro Area was last recorded at 38145.12 US dollars in 2024. The GDP per Capita In the Euro Area is equivalent to 302 percent of the world's average. This dataset provides the latest reported value for - Euro Area GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Czechia had the highest gross domestic product (GDP) per capita based on purchasing-power-parity (PPP) among Central and Eastern European (CEE) countries in 2024, at an estimated ** thousand 2017 international U.S. dollars. It was followed by Slovenia and Lithuania. The lowest figure among the presented CEE countries was recorded in Ukraine. In 2029, Poland's GDP per capita in PPP terms was forecast to reach approximately **** thousand 2017 international U.S. dollars.

Historical dataset showing European Union GDP per capita by year from 1960 to 2023.

Available data for gross domestic product (GDP) and population density are useful for defining divisions in socio-economic gradients across Europe, since economic power and human population pressure are recognised as two of the most critical factors causing ecosystem changes. To overcome both the limitations in data availability and in the distortions caused by using administrative regions, we decided to base the socio-economic dimension on an economic density indicator, defined as the income generated per square kilometre (EUR km-2), which can be mapped at a 1km2 spatial resolution. Economic density forms an integrative indicator that is based on two key drivers that were identified above: economic power and human population pressure. The indicator, which has been used to rank countries by their level of development, can be considered a crude measure for impacts on the environment caused by economic activity. An economic density map (EUR km-2) at 1 km2 spatial resolution was constructed by multiplying economic power (EUR person-1) with population density (person km-2). Subsequent logarithmic divisions resulted in an aggregated map of four economic density zones. Although the map has a fine spatial resolution it has to be realised that they form a spatial disaggregation of coarser census statistics. Importantly, the finer resolution discerns regional gradients in human activity that are required for many environmental studies, whilst broad gradients in economic activity is also treated consistently across Europe. GDP and population density data used were for the year 2001. The dataset consists of GeoTiff files of the economic density map and the four economic density zones.

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.

Actual value and historical data chart for European Union GDP Per Capita Growth Annual Percent

This horizontal bar chart displays GDP (current US$) by capital city using the aggregation sum in Europe. The data is about countries per year.

GDP per capita, PPP (current international $) in European Union was reported at 62434 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. European Union - GDP per capita, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

This bar chart displays GDP (current US$) by capital city using the aggregation sum in Western Europe. The data is filtered where the date is 2021. The data is about countries per year.

Euro Area - Real GDP per capita was EUR32140.00 in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Euro Area - Real GDP per capita - last updated from the EUROSTAT on December of 2025. Historically, Euro Area - Real GDP per capita reached a record high of EUR32220.00 in December of 2022 and a record low of EUR26380.00 in December of 2000.

This scatter chart displays tax revenue (% of GDP) against health expenditure per capita (current US$) in Europe. The data is about countries.

Actual value and historical data chart for European Union GDP Per Capita Current Us$

European Union - GDP, Candidate countries and potential candidates: GDP per capita (current prices) was EUR32380.00 in December of 2021, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - GDP, Candidate countries and potential candidates: GDP per capita (current prices) - last updated from the EUROSTAT on November of 2025. Historically, European Union - GDP, Candidate countries and potential candidates: GDP per capita (current prices) reached a record high of EUR32380.00 in December of 2021 and a record low of EUR24900.00 in December of 2010.

In 2023, the share of travel and tourism's total contribution to GDP in European Union member countries and the United Kingdom remained in most cases below the figures reported before the COVID-19 pandemic, but showed strong signs of recovery. Overall, Croatia was the EU country where travel and tourism contributed the highest share of gross domestic product in 2023. That year, these industries generated, directly and indirectly, nearly ** percent of the country's GDP. Portugal and Greece followed in the ranking in 2023, with travel and tourism representing **** percent and **** percent of GDP, respectively.