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.

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.

The Gross Domestic Product per capita in European Union was last recorded at 34601.03 US dollars in 2023. The GDP per Capita in European Union is equivalent to 274 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.

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.

Graph and download economic data for Gross Domestic Product Per Capita for the European Union (NYGDPPCAPCDEUU) from 1960 to 2023 about EU, Europe, per capita, and GDP.

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.

Graph and download economic data for Constant GDP per capita for the European Union (NYGDPPCAPKDEUU) from 1960 to 2023 about EU, Europe, per capita, and GDP.

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.

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.

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.

European Union EU27: DG ECFIN Forecast:(GDP) Gross Domestic Productper Capita: Gross National Income data was reported at 42.539 EUR th in 2026. This records an increase from the previous number of 41.003 EUR th for 2025. European Union EU27: DG ECFIN Forecast:(GDP) Gross Domestic Productper Capita: Gross National Income data is updated yearly, averaging 25.245 EUR th from Dec 1995 (Median) to 2026, with 31 observations. The data reached an all-time high of 42.539 EUR th in 2026 and a record low of 14.861 EUR th in 1995. European Union EU27: DG ECFIN Forecast:(GDP) Gross Domestic Productper Capita: Gross National Income data remains active status in CEIC and is reported by European Commission's Directorate-General for Economic and Financial Affairs. The data is categorized under Global Database’s European Union – Table EU.DG ECFIN.AMECO: GDP per Capita: Forecast.

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."

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.

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.

This statistic shows gross domestic product (GDP) of the European Union from 2019 to 2029 in billion international dollars. In 2023, the EU's GDP amounted to about 18.58 trillion U.S. dollars. Brexit and the economy of the European Union The European Union is still recovering from the crisis in 2008, but it is by no means making an impressive comeback and 2016 has not started out on the right foot either. Total GDP of the European Union staggered in 2012 and even moreso in 2015. Recent events are also bound to reduce consumer confidence and drag down growth. The year began with the economic slowdown in China and has continued on with the United Kingdom’s decision to leave the European Union. The long term effects this decision is expected to have have an overall negative effect on GDP growth within the European Union. However, the effects will likely hit the UK and Ireland more so. By 2030, it is expected that the GDP growth of the European Union will be negative at around minus 0.36 percent. Even considering an optimistic scenario, GDP of the UK is expected to decrease by 2.72 percent by 2030, as well - a pessimistic forecast even reducing GDP growth to a 7.7 percent decrease. Yet, it is still too early to tell how Brexit will play out in reality, but it will almost certainly impact current future projections of GDP growth in the European Union and the Euro Area.

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).

For most of the 20th century, Ireland stood out as one of the poorest countries in Western Europe, not experience the same post-war boom in prosperity that was felt by virtually all other countries in the region. At the onset of the 1973-1975 Recession, Ireland's GDP per capita was less than 60 percent of GDP per capita in the European Union and less than a quarter of GDP per capita in the U.S. Catching up in the 1980s By the 1980s, a wave of foreign investment saw Ireland's export sector grow exponentially, and between 1975 and 1990, Ireland had the second-fastest growth of exports in the world (behind Japan). Additionally, as Ireland joined the European Communities in 1973, it became more integrated into the European economy; before 1973, around three-quarters of Ireland's exports went to the United Kingdom, but this fell to one-third by the 1990s. Ireland's period of industrialization was relatively short in comparison to its neighbors, as it transitioned from an agriculture-based economy to a producer of high-tech products and services. Ireland's low tax rate and other incentives also attracted many American tech companies in the 1980s, such as Apple, Intel, and Microsoft, who were keen on establishing a presence in the European Union. The Celtic Tiger Named after the Four Asian Tigers (Hong Kong, Singapore, South Korea, and Taiwan), which experienced rapid economic growth in the 1970s and 1980s, the period of prosperity between the 1990s and 2000s in Ireland has been dubbed the "Celtic Tiger." Over this time, Ireland's GDP per capita grew to exceed the average in the EU by 10 percent in 2000, and it would eventually surpass that of the U.S. in 2003. Ireland was severely impacted by the financial crisis of 2008 due to the instability of its property sector and extensive lending by banks, and it was the first European economy to go into recession. By the late 2010s, most sectors of the economy had returned to pre-recession levels, and today, Ireland's GDP per capita remains among the top in the world, second in the EU only to Luxembourg.

In 2023 the gross domestic product of the European Union amounted to approximately 17.1 trillion euros. GDP is the total value of all goods and services produced in a country within a year. It is an important indicator of the economic strength of a country. The financial crisis and its aftermath The European Union is a union made up of 27 states located within and around Europe, including several of the world’s largest economies. Since its inception in 1993, the European Union has displayed the benefits of uniting several countries together, however have also showed possible consequences. The majority of European countries felt the aftermath of the 2008 global financial crisis and afterwards the Eurozone crisis, which has had a severe and continuous effect on the general European economy. Additionally, due to the close association between all the countries, several banks around different European countries were forced to shut down. A generally lower standard of life in the EU, particularly around 2009 during the prime of both economical disasters, led to doubt and uncertainty about the future of many European families and consumers. However, as the economic situation all around the world slowly improved, so did the outlook on the future for most consumers. Struggles around Europe resulted in a larger need to stimulate the economy, which was only possible by borrowing and spending more money. As a result, national debt soared. It was also necessary for more economically successful countries to help finance countries that were deep in the crisis, such as Greece.

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 2022, 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 15 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 28 and 16 billion Euros respectively.

The Gross Domestic Product per capita In the Euro Area was last recorded at 55973.92 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, In the Euro Area, when adjusted by Purchasing Power Parity is equivalent to 315 percent of the world's average. This dataset provides the latest reported value for - Euro Area GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.