GDP by country in Europe 2020

This statistic compares the gross domestic product (GDP) in European countries at current market prices in 2020. The country with the highest GDP in this year was Germany with almost 3.34 trillion euros.

Gross domestic product (GDP) of Europe in 2020, by country (in million euros)

Characteristic	GDP in million euros
European Union (EU-27)	13,348,749
Germany*	3,336,180
France*	2,302,860
Italy*	1,651,594.9
Spain*	1,121,698
Netherlands*	800,095
Switzerland	655,977.7
Turkey*	626,703.6
Poland*	523,038.3
Sweden	474,724.4
Belgium*	451,176.9
Austria	377,297.2
Ireland	372,868.5
Norway	318,335.7
Denmark	312,516.6
Finland	236,188
Romania*	218,165.2
Czechia	215,257
Portugal**	202,440.5
Greece*	165,829.8
Hungary*	135,924.5
Slovakia	91,555.3
Luxembourg	64,143.1
Bulgaria	60,642.7
Croatia*	49,283.3
Lithuania	48,929.7
Serbia*	46,467.5
Slovenia	46,297.2
Latvia	29,334
Estonia	27,166.9
Cyprus*	20,840.7
Iceland	19,022.2
Bosnia and Herzegovina	17,383
Albania**	12,991.7
Malta	12,701.4
North Macedonia**	10,766.3
Kosovo*	6,804.2
Montenegro*	4,193.2

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Release date

July 2021

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Region

Europe, EU

Survey time period

2020

Supplementary notes

* provisional data
** estimated data

The source adds the following information: "GDP at market prices is the final result of the production activity of resident producer units. [...] GDP income components and other income measures are only available at current prices, because purely monetary flows cannot be decomposed into a price and a volume component. They may, however, be converted to "real terms" by applying an appropriate deflator."

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