Here are the 10 richest countries in Europe: Germany - $3.48 Tn. United Kingdom - $2.65 Tn. France - $2.47 Tn.
Since Soviet dissolution, Germany has always had the largest economy in Europe, while either France or the UK has had the second largest economy depending on the year.
France. With a gross domestic product of more than $2.6 trillion in 2017, France is one of the wealthiest countries in the world.
France is one of the world's largest economies and is currently at rank 7. If this is calculated per inhabitant, taking purchasing power parity into account, then France ranks 25th in the list of the richest countries. Inflation in France in 2022 was around 5.22%.
France is one of the world's largest economies and is currently at rank 7. If this is calculated per inhabitant, taking purchasing power parity into account, then France ranks 25th in the list of the richest countries. Inflation in France in 2022 was around 5.22%.
Luxembourg, the richest country in Europe
Luxembourg has a per capita GDP of $128,820 (IMF, 2023), making it the wealthiest country in Europe.
The French economy is one of the world's largest and is a mixture of private enterprise and government involvement. Tourism is a major contributor to the economy – France generally tops lists of most visited countries. Other major economic sectors include industry, agriculture, energy and defense.
Australia has a highly developed market economy and one of the highest per capita incomes globally. Australia is a regional power, and has the world's thirteenth-highest military expenditure.
Today, France's GDP per capita is back on top, though just barely (by 0.6% to be precise). Worse, British inequality remains widespread: In terms of purchasing power, the poorest 10% in the UK have disposable incomes that are 22% lower than their French counterparts.
The ten poorest countries in Europe, based on GNI per capita, are Ukraine, Moldova, Albania, Republic of Macedonia, Bosnia and Herzegovina, Belarus, Serbia, Montenegro, Bulgaria, and Russia. Among the poorest countries in Europe, Ukraine ranks as the poorest with a GNI per capita of $3,540.
Since 2002, the total investment-to-GDP ratio in France has been consistently above that of Germany. The investment-to-GDP ratio indicates how much a country is investing in new equipment, technology and research.
France is a great location to enjoy a more relaxed lifestyle, and being 10% cheaper than Germany, may be a better choice financially for retirees. Being closer to the UK isles too, it is easier for visiting friends and family members.
Germany are the favorites, but the French may be playing better and have more confidence. In a clash of two of Europe's top soccer nations, the Germans have more resolve to keep their string of World Cup semi-final appearances intact and will win. Stats and odds courtesy of Odds Shark.
Australia has plentiful supplies of natural resources, including the second largest accessible reserves of iron ore in the world, the fifth largest reserves of coal and significant gas resources. For a long time, commodities have made up a sizeable share of our exports.
On a mean wealth basis, Australia was the fourth-richest country in 2021 behind Switzerland, the US and Hong Kong.
New South Wales: a diverse economy and high income
Among all the states and territories in Australia, New South Wales is considered the richest state. It has the largest economy, a diverse range of industries, and a higher-than-average income, which contribute to its status as the wealthiest state.
Millionaires are leaving Europe because of rising religious tension and concerns about the sluggish economy and the influx of migrants from Syria, a wealth analysis expert said.
France is about 1.5 times bigger than Germany but with a population 20% smaller. In effect, it has a larger rural area with less people to populate it. And as more and more people relocate to cities, more houses are being added to the market—often at bargain prices.
France. A world leader in exclusive economic zones, France is the most powerful country in Europe and around the world. This high-income nation is one of the largest weapons exporters and has a tremendous global influence, thanks to its supreme political power in the European Union.
Europe: The Winner in GDP-Per-Capita Wealth
The continent is home to the majority of the richest countries in the world. Europe is rich, largely due to the European Union.
The country with the highest number of billionaires is, unsurprisingly, the US. The United States of America has 735 billionaires – same as last year, according to Forbes.
According to the latest available data from the World Bank, the United States of America is currently the world's largest economy, with a GDP of over $23 trillion in 2021.