5 European Countries with the Best Economy Right Now

In this article, we will be taking a look at the 5 European countries with the best economy right now. To read our detailed analysis of the European economy, you can go directly to see the 12 European Countries with the Best Economy Right Now.

5. Belgium

GDP Per Capita (2023): $65,810

GDP (2023): $769.68 Billion

Located in West Europe, Belgium ranks fifth among the European countries with the best economy right now. Belgium has a GDP per capita of $65,810, a Gini coefficient of 59.60%, and a debt-to-GDP ratio of 105.1.

4. Germany

GDP Per Capita (2023): $66,040

GDP (2023): $5.54 Trillion

One of the largest economies in Europe, Germany has a GDP per capita of $66,040. Germany’s Gini coefficient of 77.20% and the debt-to-GDP ratio of 66.1 make it one of the European countries with the best economy right now.

3. Netherlands

GDP Per Capita (2023): $73,320

GDP (2023): $1.30 Trillion

The Netherlands is situated in northwestern Europe, having a GDP per capita of $73,320. The country has a Gini coefficient of 78.80% and a debt-to-GDP ratio of 50.1. The Netherlands makes it to the third spot among the European countries with the best economy right now.

2. Switzerland

GDP Per Capita (2023): $89,540

GDP (2023): $788.34 Billion

Switzerland is a mountainous Central European country and has a strong economy. The country has a Gini coefficient of 77.20% and a debt-to-GDP ratio of 40.9. With a GDP per capita of $89,540, Switzerland is one of the European countries with the best economy right now.

1. Ireland

GDP Per Capita (2023): $137,640

GDP (2023): $722.93 Billion

By far, Ireland is the top European country with the best economy right now. Ireland has a GDP per capita of $137,640, a Gini coefficient of 79.90%, and a debt-to-GDP ratio of 44.4. 

You can also take a look at 12 European Countries with the Best Quality of Life and 11 Best European Stocks To Buy Now.