Hi there, I believe you’ve been enjoying our piece of informative writings even as we will enlighten you on the Richest Countries in Europe in this article. When you list continents of the world Europe is one of the continents, it covers a small land area which is about 10.18 million square kilometers. Out of the approximated 190 countries in the world, 50 of these countries are situated on the European continent. From our previous articles on “Richest Countries in the World” we could see that European countries occupy a large spot on the list. In this vein, we are tasked to among these European countries write about the Top 10 Richest Countries in Europe and as well provide you with all the information you need.
In most online fora, here are the commonly most asked questions, and we might be touching some of these questions here to cover the intricacies as regard Richest Countries In Europe 2020.
- Richest Countries In Europe 2020
- Richest Countries In Europe
- Top 10 Richest Countries In Europe
- List Of Richest Countries In Europe
- Richest To Poorest Countries In Europe
- Richest Countries In Eastern Europe
So, follow us patiently as we give you all you need to know about Richest Countries In Europe.
TOP 10 RICHEST COUNTRIES IN EUROPE 2020- ALL YOU NEED TO KNOW
Europe is unarguably among the leading continents in terms of economic development. As a result of this large number of European countries live above the globally recognized poverty line. Yearly, European countries appear on various lists of the world’s wealthiest nations.
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- #1. Luxembourg
- GDP Per Capita: $110,697
Luxembourg is atop the list of the Richest Countries in Europe 2020 currently occupying the first spot. The country is situated in the Western Europe and among the founding member of the European Union. Luxembourg is seen as one of the least countries in Europe that is less populous, Luxembourg has a low population estimated below 1 million inhabitants. Despite the country being landlocked with an estimated population of 590,667, they still enjoy a blossom in economic activities. This has been beneficial to the country with robust economic policies and low population to achieve remarkable progress and boost the standards of living of its citizens.
- #2. Norway
- GDP Per Capita: 100,818.50
Second, on our list of Richest Countries in the world is Norway also known as the Kingdom of Norway due to their ruling system which is the monarchy system of Government and their country is also a sovereign state situated in North West Europe. Tourism happens to play a powerful role in the economy of Norwegians.
The landscape of Norway includes fascinating museums and also glaciers, and mountains adding some beautiful spiciness to its natural beauty.
Interesting facts about Norway
- The deepest lake in Europe is called Hornindalsvatnet, in Norway with its depth of 514 m (1,686 ft)
- Vinnufossen in Norway is Europe highest waterfall (860 m / 2,822 ft) and the 6th in the world
- #3. Switzerland
- GDP Per Capita: $84,815.3
Switzerland is also known as the Swiss Confederation situated in the Central region of Europe. A country that has achieved enormous height when talking about economic growth. The country is popular for its covered-snow mountain which attracts these winter tourists. The mountains look very beautiful during winter. With this substantial per capita, the country deserves the third spot on our list of the Richest Countries in Europe 2020.
- #4. Ireland
- GDP Per Capita GDP: $61,375
Ireland one of the Richest Countries in the world 2020.
The Republic of Ireland is a small country located in the North Atlantic Ocean. There is plenty of island in Ireland making the 13th country with the highest number of island and 3rd in Europe and consists of high mountains of about 3000ft.
Ireland is also a tourist attracted Country. They earn massively from tourism in national income alone. Ireland has a sanitary environment and beautiful atmosphere which adds species to the tourist visitors.
One notable interest and fact account of this country is that Ireland is a free snake zone and the only country in Europe where Abortion is still illegal. Except it is done to save the life of the mother
- #5. Sweden
- GDP Per Capita: $60,430
Sweden is located in the North region of Europe. Been a monarchy country it is otherwise called the Kingdom of Sweden, happens to be one of the Scandinavian countries. The lake covers 9% of Sweden land area, and almost half of its land is occupied by forest.
Sweden is famous for its enticing island and coastal cities, and they benefited massively from exploration. Also, the country exports iron, steel, paper, etc. to other countries. Some surveying organizations after concluded that Sweden has consistently maintained a high level of national progress which is important when it comes to economic progress, this country has always sustained per capita income of $60,430, which invariably made the country the fifth richest country in Europe. In the world record, Sweden maintains a good position of countries with the highest GDP per capita and Sweden is the 8th countries in the world with the highest Per Capital income.
- #6. Netherlands
- GDP Per Capita: $50,790
The Netherlands also is known as Deutschland or Holland is situated in Western Region Europe. They have two country capitals, Amsterdam (the official capital) and The Hague (the seat if the Government and the first capital). Besides Amsterdam, the official capital city of the Netherlands, Rotterdam is another major city in the country, and it is considered the largest port on the European continent. The Netherlands is also among the member States that founded the European Union.
Netherland has the taller sets of people in the world; Men are measured 184 cm and 170 cm for women.
- #7. Austria
- GDP Per Capita: $50,546,70
Austria can be found in the Central region of Europe Also known as the Republic of Austria with the German language as its official speaking language. Austria is among the least populated countries in Europe. Austria operates a federal system of government.
Austria is a beautiful country and for sure a place for anyone planning a tour anytime soon. Austria overtime has preserver tourism one of its major sources of national income. The state makes a fortune from its tourism sector with many tourist attractions, the city of Vienna happens to be the most notable of all. ‘City of Vienna’ happens to be the most recognized among others even though they have lots of tourist attracted areas.
Also, Austria continues to appear among the Richest Countries in Europe as per average income under its adequate standard of living coupled with an efficient financial market.
- #8. Iceland
- GDP Per Capita: 47,469,19
Iceland is located in Region of North Atlantic Ocean, and it is referred to as Iceland Nation. The country’s population is a major factor that contributes to the vast average income. There are a lot of volcano activities in the country as there are about over 125 active Volcano in Iceland and the country has no forest. Aside from that, the country is famous for some notable features including lava fields, exotic geysers, landscapes, and hot springs. Relating to different economic models, Iceland boasts of tangible positions which distinguish the nation as one of the most developed nations both in Europe and the world. Iceland is ranked fifth in the global rankings of GDP Purchasing Power Parity and seventh position in terms of global productivity index.
- #9. Belgium
- GDP Per Capita: $47000
Ninth on our list of Richest Countries in Europe is the Kingdom of Belgium, a sovereign state situated at the Western Region of Europe. Here are countries the Belgium shares land borders, she shares a border with the North Sea and a few European countries the likes of Luxembourg, Germany, France, and the Netherlands. The country is greatly admired for producing delicious chocolates and sumptuous beer.
Belgium collects 57.8 tax rate making it one of the highest tax rate country in Europe.
- #10. Germany
- GDP Per Capita: $46,268.64
Germany draws the curtain on the discussion of the Richest Countries in Europe, a country that is undoubtedly one of the most populated countries in Europe with a population of 82.79 million. Germany is respected globally for the expertise and professionalism in sports. Germany main source of income is production and manufacturing. Another propelling drive of Germany is Technology which happened to be one of the country's sources of revenue, and they are known for producing powerful automobiles such as Porsche, Audi, and Mercedes-Benz. They also export finished products to other countries, and as a result of this, making Germany the top three exporting countries in the world. They are the second highest producers of cars after Japan and also second producers of motors in general after the USA.
Europe Countries And Region, State and Capital And current President
|S/N||COUNTRY'S NAME||CAPITAL||PRESIDENT||POPULATION||LAND AREA|
|1||Albania||Tirana||President Ilir Meta, President of Albania (2017present)||2,937,424||29,743 square kilometres (11,484 sq. mi).|
|2||Andorra||Andorra la Vella||Prime Minister Antoni Martí, Head of Government of Andorra (2015present)||77,072||468 square kilometres (181 sq. mi)|
|3||Armenia||Yerevan||President Armen Sarkissian, President of Armenia (2018present)||2,936,075||29,743 square kilometres (11,484 sq. mi).|
|4||Austria||Vienna||President Alexander Van der Bellen, Federal President of Austria (2017present), Chancellor Sebastian Kurz, Federal Chancellor of Austria (2017present)||8,762,646||83,879 km2 (32,386 sq. mi)|
|5||Azerbaijan||Baku||President Ilham Aliyev, President of Azerbaijan (2003present)||9,991,169||86,600 sq. km (33,400 sq. miles)|
|6||Belarus||Minsk||President Alexander Lukashenko, President of Belarus (1994present)||9,438,308||208,000 km2 (80,100 sq. mi.)|
|7||Belgium||Brussels||Prime Minister Charles Michel, Prime Minister of Belgium (2014present)||11,546,979||30,688 square kilometres (11,849 sq. mi)|
|8||Bosnia and Herzegovina||Sarajevo||Head of State Presidency of Bosnia and Herzegovina||3,502,208||51,197 square kilometers (19,767 square miles)|
|9||Bulgaria||Sofia||President Rumen Radev, President of Bulgaria (2017present)||6,988,739||110,994 square kilometres (42,855 sq. mi)|
|10||Croatia||Zagreb||President Kolinda Grabar-Kitarovi?, President of Croatia (2015present)||4,146,167||56,594 square kilometres (21,851 square miles)|
|12||Cyprus||Nicosia||President Nicos Anastasiades, President of Cyprus (2013present)||1,196,122||9,250 sq. km (3,571 sq. mi)|
|13||Czechia||Prague||President Milo Zeman, President of the Czech Republic (2013present)||10,630,000||78,866 square kilometres (30,450 sq. mi)|
|14||Denmark||Copenhagen||Prime Minister Lars Løkke Rasmussen, Prime Minister of Denmark (2015present)||5,770,107||43,094 square kilometres (16,639 sq. mi)|
|15||Estonia||Tallinn||President Kersti Kaljulaid, President of Estonia (2016present)||1,304,533||45,227 km2 (17,462 sq. mi)|
|16||Finland||Helsinki||President Sauli Niinistö, President of Finland (2012present)||5,560,000||338,145 km2 (130,558 sq. mi.)|
|17||France||Paris||President Emmanuel Macron, President of France (2017present)||65,420,023||551,500 km2 (212,900 sq. mi)|
|18||Georgia||Tbilisi||President Salome Zurabishvili, President of Georgia (2018present)||3,904,909||69,700 square kilometres (26,911 sq. mi)|
|19||Germany||Berlin||Chancellor Angela Merkel, Federal Chancellor of Germany (2005present)||82,403,142||357,386 square kilometres (137,988 sq. mi)|
|20||Greece||Athens||President Prokopis Pavlopoulos, President of Greece (2015present)||11,128,874||131,940 sq. km (50,942 sq. mi)|
|21||Hungary||Budapest||President János Áder, President of Hungary (2012present)||9,663,482||93,030 sq. km (35,919 sq. mi)|
|22||Iceland||Reykjavik||President Guðni Th. Jóhannesson, President of Iceland (2016present)||340,566||103,000 km2 (40,000 sq. mi)|
|23||Ireland||Dublin||President Michael D. Higgins, President of Ireland (2011present)||4,836,293||70,273 km2 (27,133 sq. mi)|
|24||Italy||Rome||President Sergio Mattarella, President of Italy (2015present), Kosovo (partially recognised, secessionist state; under nominal international administration)||59,234,642||301,340 km2 (116,350 sq. mi)|
|25||Kazakhstan||Nur-Sultan||18,546,646||2,724,900 square kilometres (1,052,100 sq. mi)|
|26||Kosovo||Pristina||Hashim Thaçi, President of Kosovo (2016present)||1,809,280||10,908 square kilometres (4,212 sq. mi)|
|27||Latvia||Riga||President Raimonds V?jonis, President of Latvia (2015present)||1,900,000||64,589 km2 (24,938 sq. mi)|
|28||Liechtenstein||Vaduz||Prime Minister Adrian Hasler, Head of Government of Liechtenstein (2013present)||38,343||160 square kilometres (62 square miles)|
|29||Lithuania||Vilnius||President Dalia Grybauskait?, President of Lithuania (2009present)||2,860,000||65,300 km2 (25,212 sq. mi.)|
|30||Luxembourg||Luxembourg (city)||Prime Minister Xavier Bettel, Prime Minister of Luxembourg (2013present)||613,012||2,586 square kilometres (999 square miles)|
|31||Malta||Valletta||President of Malta (2019present)||422,000||316 square kilometers (122 mi²)|
|32||Moldova||Chisinau||President Igor Dodon, President of Moldova (2016present)||4,030,000||33,850 km2 (13,000 sq. mi.)|
|33||Monaco||Monte Carlo||Monarch Albert II, Sovereign Prince of Monaco (2005present), Prime Minister Serge Telle, Minister of State of Monaco (2016present)||39,051||2.020 km2 (0.780 sq. mi)|
|34||Montenegro||Podgorica||President Milo ?ukanovi?, President of Montenegro (2018present)||629,355||13,812 km² (5,332 sq. mi)|
|35||Netherlands||Amsterdam||Prime Minister Mark Rutte, Prime Minister of the Netherlands (2010present)||17,121,043||41,500 square kilometres (16,000 sq. mi)|
|36||North Macedonia (formerly Macedonia)||Skopje||President Gjorge Ivanov, President of Macedonia (2009present)||2,086,317||25,713 km2 (9,928 sq. mi).|
|37||Norway||Oslo||Prime Minister Erna Solberg, Prime Minister of Norway (2013present)||5,389,552||385,207 square kilometres (148,729 sq. mi)|
|38||Poland||Warsaw||President Andrzej Duda, President of Poland (2015present)||38,046,887||312,679 square kilometres (120,726 sq. mi)|
|39||Portugal||Lisbon||President Marcelo Rebelo de Sousa, President of Portugal (2016present)||10,263,224||35,516 square miles (91,985 square kilometers)|
|40||Romania||Bucharest||President Klaus Iohannis, President of Romania (2014present)||19,506,095||238,397 square kilometres ( 92,046 sq. mi)|
|41||Russia||Moscow||President Vladimir Putin, President of Russia (2012present) San Marino||143,912,402||17,125,200 square kilometres (6,612,100 sq. mi)|
|42||San Marino||San Marino||Nicola Selva and Michele Muratori, Captains Regent of San Marino (2019present)||33,653||Area 61.2 sq.km (23.6 sq. miles)|
|43||Serbia||Belgrade||President Aleksandar Vu?i?, President of Serbia (2017present)||8,740,115||87,460 Km2 (33,768 sq. miles)|
|44||Slovakia||Bratislava||Zuzana ?aputová, President of Slovakia (2019- present)||5,450,708||49,000 square kilometres (19,000 sq. mi)|
|45||Slovenia||Ljubljana||President Borut Pahor, President of Slovenia (2012present)||2,080,000||20,273 square kilometers (7,827 sq. mi)|
|46||Spain||Madrid||Prime Minister Pedro Sánchez, President of the Government of Spain (2018present)||46,430,761||505,990 km2 (195,360 sq. mi)|
|47||Sweden||Stockholm||Prime Minister Stefan Löfven, Prime Minister of Sweden (2014present)||10,151,866||450,295 square kilometres (173,860 sq. mi)|
|48||Switzerland||Bern||Ueli Maurer (President of Switzerland, 2019present)||8,592,943||41,285 km2 (15,940 sq. mi)|
|49||Turkey||Ankara||82,702,029||780,000 square kilometres (300,000 sq. mi)|
|50||Ukraine||Kyiv (also known as Kiev)||President Petro Poroshenko, President of Ukraine (2014present)||43,846,418||603,628 km2 (233,062 sq. mi)|
|51||United Kingdom||London||Prime Minister Theresa May, Prime Minister of the United Kingdom (2016present)||66,867,335||243,610 square kilometres (94,060 sq. mi)|
|52||Vatican City||Monarch Pope Francis, Sovereign of Vatican City (2013present)||1000||44 hectares or 110 acres|
Conclusion on the Top 10 Richest Countries in Europe 2020- All You Need To Know
I believe justice has been made to the Top 10 wealthiest Countries in Europe and most of which are also found among the Richest Countries in the World. Surprisingly most of the countries seen on this list were not expected especially with their population and the land area occupied, but with quality economic policy, they are found to be the Richest Countries in Europe.
Tag: Top 10 Richest Countries in Europe 2020- All You Need To Know, Richest Countries In Europe 2020, Top 10 Richest Countries In Europe, List Of Richest Countries In Europe, Richest To Poorest Countries In Europe, Richest Countries In Eastern Europe.