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 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.

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.

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.

Graph and download economic data for Gross Domestic Product Per Capita for the European Union (NYGDPPCAPCDEUU) from 1960 to 2024 about EU, Europe, per capita, and GDP.

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.

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

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.

Throughout the first half of the twentieth century, GDP per capita rose significantly across Europe, however, at varying rates across different regions. Scandinavia, which did not experience the same level of structural devastation during the World Wars as the other regions, saw the largest GDP per capita growth during this period. Over these five decades, Scandinavian countries transformed from traditional agricultural societies to some of the world's wealthiest and industrially advanced economies. Between 1913 and 1950, Scandinavian GDP per capita doubled, eventually overtaking Western Europe as the highest in Europe. In comparison, East-Central Europe's growth was much slower, rising by just 26 percent between 1913 and 1915.

The average for 2024 based on 42 countries was 50661 U.S. dollars. The highest value was in Luxembourg: 128182 U.S. dollars and the lowest value was in Ukraine: 16320 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.

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.

This dataset provides information on the Real GDP per capita for 30 countries and regions across Europe, from 1995 to 2023. The dataset includes real GDP per capita data, which is adjusted for inflation (constant prices), allowing comparisons over time across different countries. This data is critical for economic analysis, providing insights into the economic performance and living standards in these countries and regions.

Countries included are:

• Austria (AT)
• Belgium (BE)
• Bulgaria (BG)
• Cyprus (CY)
• Czech Republic (CZ)
• Germany (DE)
• Denmark (DK)
• Euro Area (EA20) – The 20 countries using the euro
• Estonia (EE)
• Greece (EL)
• Spain (ES)
• European Union 27 (EU27_2020) – EU countries excluding the UK (post-Brexit)
• Finland (FI)
• France (FR)
• Croatia (HR)
• Hungary (HU)
• Ireland (IE)
• Italy (IT)
• Lithuania (LT)
• Luxembourg (LU)
• Latvia (LV)
• Malta (MT)
• Netherlands (NL)
• Poland (PL)
• Portugal (PT)
• Romania (RO)
• Sweden (SE)
• Slovenia (SI)
• Slovakia (SK)

Source:

• Eurostat API (via Python Eurostat library)

Time Period:

• 1995 - 2023

Year:

• The year of the data (1995 to 2023)

Usage:

• This dataset is suitable for economic research, data analysis, and forecasting. It can be used to study trends in economic growth, compare the performance of different European economies, and examine the effects of historical events on national GDP.

Graph and download economic data for Constant GDP per capita for the Euro Area (NYGDPPCAPKDEMU) from 1960 to 2024 about Euro Area, Europe, per capita, and GDP.

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.

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 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.

Graph and download economic data for Gross Domestic Product Per Capita for the Euro Area (NYGDPPCAPCDEMU) from 1960 to 2024 about Euro Area, Europe, per capita, and GDP.

European Union GDP Per Capita: EU 28 data was reported at 30,900.000 EUR in 2018. This records an increase from the previous number of 30,000.000 EUR for 2017. European Union GDP Per Capita: EU 28 data is updated yearly, averaging 24,600.000 EUR from Dec 1995 (Median) to 2018, with 24 observations. The data reached an all-time high of 30,900.000 EUR in 2018 and a record low of 15,200.000 EUR in 1995. European Union GDP Per Capita: EU 28 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.

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.