Country and commodity structure of international trade in EU. Foreign trade in EU. Foreign trade of the countries which haven't entered EU.

Date: 2015-10-07; view: 560.

The economy of the European Union generates a GDP of over ?12.894 trillion (US$16.566 trillion in 2012) according to Eurostat, making it the largest economy in the world. The European Union (EU) economy consists of an Internal Market and the EU is represented as a unified entity in the World Trade Organization (WTO).

Below is a table showing, respectively, the GDP and the GDP (PPP) per capita for the European Union and for each of its 27 member states, sorted by GDP (PPP). This can be used as a rough gauge to the relative standards of living among member states, with Luxembourg the highest and Bulgaria the lowest. Eurostat, based in Luxembourg, is the Official Statistical Office of the European Communities releasing yearly GDP figures for the member states as well as the EU as a whole, which are regularly updated, supporting this way a measure of wealth and a base for the European Union's budgetary and economic policies. Figures are stated in euro.

Member states	GDP 2011 millions of euro	Population in millions	GDP (PPP) per capita 2011 euro	GDP (Nominal) per capita 2011 euro	GDP (PPP) per capita 2011 EU27 = 100	Eurozone yes/no
European Union	12,650,983		25,200	25,200	100%
Germany	2,592,600	81.4	30,300	31,700	121%	yes
France	1,996,583	63.3	27,200	30,600	108%	yes
United Kingdom	1,750,396	62.6	27,400	27,900	109%	no
Italy	1,579,659	61.5	25,100	26,000	100%	yes
Spain	1,063,355	46.0	24,700	23,100	98%	yes
Netherlands	601,973	16.6	32,900	36,100	131%	yes
Sweden	387,596	9.3	31,900	41,100	127%	no
Belgium	369,836	10.8	29,900	33,700	119%	yes
Poland	369,666	38.2	16,200	9,600	64%	no
Austria	300,712	8.4	32,400	35,700	129%	yes
Denmark	240,453	5.5	31,500	43,200	125%	no
Greece	208,532(p)	11.3	20,100(p)	18,500(p)	79%	yes
Finland	189,368	5.3	28,800	35,200	114%	yes
Portugal	171,040(p)	10.6	19,500(p)	16,100(p)	77%	yes
Ireland	156,438	4.4	32,500	35,400	129%	yes
Czech Republic	156,217	10.5	20,200	14,900	80%	no
Romania	131,327	21.5	11,400(2010)	5,800(2010)	49%	no
Hungary	99,819	10.0	16,500	10,000	66%	no
Slovakia	69,108	5.4	18,400	12,700	73%	yes
Luxembourg	42,625	0.5	68,100	82,100	271%	yes
Bulgaria	38,483	7.6	11,600	5,200	46%	no
Slovenia	36,172	2.0	21,000	17,600	84%	yes
Lithuania	30,807	3.2	16,600	10,200	66%	no
Latvia	20,211	2.2	14,700	9,800	58%	no
Cyprus	17,979	0.8	23,700	21,100	94%	yes
Estonia	15,951	1.3	16,900	11,900	67%	yes
Malta	6,544	0.4	21,500	15,600	85%	yes

EU Candidates	GDP 2011 millions of euro	Population in millions	GDP (PPP) per capita 2011 euro	GDP (Nominal) per capita 2011 euro	GDP (PPP) per capita 2011 perc. of EU27	Eurozone yes/no
Iceland	10,075	0.3	28,000	31,600	111%	no
Croatia	44,893(p)	4.5	15,400(p)	10,500(p)	61%	no
Turkey	553,249	71.0	13,100	7,500	52%	no
Macedonia	7,509	2.0	8,700(2010)	3,400(2010)	35%	no
Montenegro		0.6			42%	no
Serbia	34,740[3]	7.3	8,800	4,686	35%	no

Current EU applicants	GDP 2010 millions of euro	Population in millions	GDP (PPP) per capita 2011 euro	GDP (Nominal) per capita 2009 euro	GDP (PPP) per capita 2011 perc. of EU27	Eurozone yes/no
Albania	8,975[4]	3.2	7,800(e)	2,803	30%	no
Bosnia & Herzegovina		3.8	7,300		30%	no

EFTA members	GDP 2010 millions of euro	Population in millions	GDP (PPP) per capita 2011 euro	GDP (Nominal) per capita 2011 euro	GDP (PPP) per capita 2011 perc. of EU27	Eurozone yes/no
Norway	352,856	4.6	47,500	70,500	186%	no
Switzerland	476,054	7.7	39,500	60,800	157%	no

Past and future GDP at market prices (millions of euro)

European Union 12,397,498.0 12,466,896.5 11,752,175.4 12,256,226.4 12,649,146.5 12,957,700.3 13,381,221.5 Member states               Austria 274,019.8 282,746.0 274,818.2 286,197.3 300,891.3 310,133.3 322,190.4 Belgium 335,610.0 346,130.0 340,398.0 354,378.0 370,436.4 381,779.9 396,273.8 Bulgaria 30,772.4 35,430.5 34,932.8 36,033.5 38,989.9 - - Cyprus 15,901.5 17,157.1 16,853.5 17,333.6 17,928.6 18,409.6 19,167.5 Czech Republic 131,908.6 154,269.7 141,449.8 149,313.3 157,538.3 155,688.8 160,030.9 Denmark 227,533.9 235,133.0 223,985.3 235,608.6 241,148.1 249,122.9 258,155.3 Estonia 16,069.4 16,304.2 13,839.6 14,305.3 16,011.6 17,006.0 18,163.9 Finland 179,830.0 185,651.0 173,267.0 180,253.0 190,257.4 198,251.5 206,115.5 France 1,886,792.1 1,933,195.0 1,889,231.0 1,932,801.5 1,987,699.4 2,027,969.8 2,092,928.4 Germany 2,428,500.0 2,473,800.0 2,374,500.0 2,476,800.0 2,570,000.0 2,626,427.9 2,705,181.1 Greece 222,771.1 232,920.3 231,642.0 227,317.9 217,828.8 212,139.9 214,309.2 Hungary 99,430.5 105,545.1 91,402.5 97,094.8 99,285.5 95,398.7 100,059.5 Ireland 189,932.9 179,989.8 160,595.9 155,992.3 156,109.2 158,864.9 164,621.6 Italy 1,554,198.9 1,575,143.9 1,526,790.4 1,556,028.6 1,586,209.0 1,617,154.7 1,660,133.6 Latvia 21,026.5 22,889.8 18,521.3 17,974.8 19,605.9 20,701.6 21,888.0 Lithuania 28,738.8 32,461.7 26,654.4 27,607.5 30,806.9 32,781.8 34,545.2 Luxembourg 37,490.5 39,436.5 37,392.6 40,266.9 41,778.3 42,893.0 45,035.9 Malta 5,434.3 5,814.6 5,812.7 6,154.2 6,440.0 6,690.0 7,008.3 Netherlands 571,773.0 594,481.0 571,145.0 588,414.0 607,435.2 622,714. 639,563.6 Poland 311,001.7 363,153.7 310,418.2 354,310.0 369,318.3 355,346.3 372,417.2 Portugal 169,319.2 171,983.1 168,503.6 172,571.2 171,632.4 168,286.4 172,647.7 Romania 124,728.5 139,765.4 118,196.0 124,058.9 131,527.8 136,278.1 147,800.8 Slovakia 54,810.8 64,500.1 62,895.5 65,887.4 69,944.5 71,614.0 75,123.1 Slovenia 34,562.3 37,279.5 35,310.6 35,415.8 36,446. 38,018.4   Spain 1,053,161.0 1,087,749.0 1,047,831.0 1,051,342.0 1,074,940.5 1,094,290. 1,123,495.9 Sweden 337,944.2 333,255.7 291,347.0 346,536.4 386,201.6 396,188.4 409,582.5 United Kingdom 2,054,237.7 1,800,710.8 1,564,467.9 1,706,301.9 1,747,315.6 1,862,190.7 1,931,407.6 Candidate countries               Croatia 43,380.4 47,760.2 45,666.1 45,899.2 46,021.6 46,781.0 48,175.2 Macedonia 5,966.5 6,692.6 6,702.4 6,948.1 7,275.8 7,743.6 8,386.1 Turkey 479,209.1 506,431.9 440,367.3 552,842.4 546,713.3 566,640.2 620,400.7 EFTA countries               Iceland 14,932.4 10,303.7 8,673.7 9,494.8 10,080.4 10,713.4 11,346.1 Norway 287,712.2 311,284.9 270,010.7 315,233.8 343,998.3 364,416.8 383,818.3 Switzerland 317,222.0 343,346.1 354,734.9 398,877.5 477,197.4 502,272.1 521,523.8 Main economic partners               USA 10,236,191.2 9,716,820.8 9,993,547.5 10,957,607.3 10,831,809.8 11,822,419.8 12,148,404.6 Japan 3,197,025.7 3,308,478.8 3,613,140.2 4,122,481.1 4,285,853.3 4,735,371.4 4,785,085.4