List of European countries by GDP

Germany is the largest economy in Europe, followed by United Kingdom, France, Italy, and Russia. These five together hold a 58.4% share of the European economy. Total ten European economies represent almost 78% share. San Marino is the smallest economy in Europe.

Seven economies of Europe would have gdp above $1 trillion, and 24 would have an economy of above $100 billion. In 2023, Italy will overtake Russia. Four European economies are in the list of top ten largest economies globally, and Nineteen economies are within the top 50 world gdp ranking.

Out of 42 economies, gdp (nominal) of 38 economies would increase, and 3 economies would decrease in 2023 compared to 2022. With $344 bn, Germany will be the top contributor, followed by France ($269 bn) and United Kingdom ($250 bn).

In ppp data, the five largest economies of Europe are Germany, Russia, United Kingdom, France, and Italy. Eight economies would have gdp above Int. $1 trillion in 2023 and 29 would have an economy of above Int. $100 billion. Ireland will move ahead to Sweden. Four European economies are in the top ten list, and sixteen economies are within the top 50 world gdp ranking.

None of the European economies would see a decrease in 2023 compared to 2022. Russia (Int. $287 bn), France (Int. $172 bn), Germany (Int. $168 bn), United Kingdom (Int. 155 bn), and Spain (Int. $141 bn) would be the top gainers.

Thirty nine economies have higher GDP on a PPP basis, and three have higher on a nominal basis. North Macedonia has highest ppp to nominal ratio above 3, while Norway have lowest figure of 0.74.

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GDP (Nominal)

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GDP (PPP)