European market
The European Market is complex and diverse. It consists of the economies of over 50 countries. Europe is a highly developed and industrialised region, and it is home to many of the world's largest and most successful companies.
The European Union (EU) is a political and economic union of 27 European countries, 9 candidate countries and 1 potential candidate.
The EU is the world's largest single market
The EU is the 3rd largest economy in the world and 13.7% of the global economy. The European single market is the heart of Europes competitiveness. About 448 million people and 23 million businesses create a GDP of 17 trillion Euro.
The European Union (EU) is a political and economic union of 27 European countries, 9 candidate countries and 1 potential candidate.
The EU is the world's largest single market
The EU is the 3rd largest economy in the world and 13.7% of the global economy. The European single market is the heart of Europes competitiveness. About 448 million people and 23 million businesses create a GDP of 17 trillion Euro.
GDP/EU country
Here is a list of the top 10 European countries by GDP in 2024, based on data from the International Monetary Fund (IMF):
The European Economic Area is an extension to the EU single market with 4 countries:
- Germany: $4.7 trillion
- France: $3.1 trillion
- Italy: $2.4 trillion
- Spain: $1.7 trillion
- Netherlands: $1.2 trillion
- Poland: $908 billion
- Belgium: $658 billion
- Sweden: $606 billion
- Ireland: $559 billion
- Austria: $533 billion
The European Economic Area is an extension to the EU single market with 4 countries:
- Switzerland: $935 billion
- Norway: $501 billion
- Iceland: $33 billion
- Liechtenstein: $7.3 billion
