In this article, we discuss the 5 richest countries in Europe. If you want to see more of the top richest countries in the region, check out 20 Richest Countries in Europe.
5. Netherlands
Total Wealth in 2021: $5.422 trillion
The Netherlands, also referred to as Holland informally, is a country in northwestern Europe that has territories in the Caribbean as well. The four most populous cities in the Netherlands are Amsterdam, Rotterdam, The Hague, and Utrecht, with Amsterdam being the nominal capital. The Netherlands has been a parliamentary constitutional monarchy with a unitary structure for over a century and a half since 1848. It is known for its pillarisation tradition and a history of social tolerance, which includes legalizing prostitution, euthanasia, and maintaining a liberal drug policy. With total wealth amounting to $5.422 trillion in 2021, Netherlands is one of the richest countries in Europe.
4. Spain
Total Wealth in 2021: $8.431 trillion
Spain, officially known as the Kingdom of Spain, is primarily located in southwestern Europe but also has territory in the Atlantic Ocean and across the Mediterranean Sea. Its capital and largest city is Madrid. Spain has a mixed capitalist advanced economy and is a member of various international organizations, including the United Nations, European Union, Eurozone, Council of Europe, G20, Organization of Ibero-American States (OEI), Union for the Mediterranean, North Atlantic Treaty Organization (NATO), Organisation for Economic Co-operation and Development (OECD), Organization for Security and Co-operation in Europe (OSCE), World Trade Organization (WTO), and many others. Spain is one of the richest countries in Europe based on total wealth.
3. Italy
Total Wealth in 2021: $11.512 trillion
Italy, also known as the Italian Republic or the Republic of Italy, is a country situated in Southern and Western Europe. Rome is the capital and largest city of Italy. Known as a cultural superpower, Italy has been the origin of several inventions and discoveries. The country has a rich history of art, music, literature, philosophy, science and technology, tourism, and fashion, and has made significant contributions to a wide range of fields, including cinema, cuisine, sports, jurisprudence, banking, and business. In 2021, Italy’s total wealth stood at $11.512 trillion, making it one of the richest countries in Europe.
2. France
Total Wealth in 2021: $15.992 trillion
France, officially known as the French Republic, is a country situated primarily in Western Europe. It is a unitary semi-presidential republic with Paris as its capital, which is also the largest city and main cultural and commercial center of the country. France has maintained its position as a global hub of art, science, and philosophy for several centuries. It is home to the fifth-largest number of UNESCO World Heritage Sites and is regarded as one of the most popular tourist destinations in the world. In 2021, France’s total wealth came in at $15.992 trillion, making it one of the richest European countries.
1. Germany
Total Wealth in 2021: $17.489 trillion
Germany, officially known as the Federal Republic of Germany, is a country located in Central Europe. The capital and most populous city is Berlin, while Frankfurt serves as its main financial center and the Ruhr region is its largest urban area. Germany has the largest economy in Europe. It is also considered a global leader in industrial, scientific, and technological sectors. Being a developed country, it provides social security, a universal healthcare system, and free university education. Germany is a member of several international organizations, including the United Nations, the European Union, NATO, the Council of Europe, the G7, the G20, and the OECD. With total wealth amounting to $17.489 trillion in 2021, Germany is one of the richest European countries.
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