There may be different ways by which finding the richest countries in Europe by 2015 GDP may be found but more often than not, it is measured by the Total Gross Domestic Product which is the GDP. The GDP will then be divided into the way that an individual normally lives. The individual’s income will be compared to the current GDP and through that, the richest country in Europe will become well known.
Europe has always been a continent that a lot of people from other continents have looked at with awe. This is probably because in the past, it was known to be the place wherein kings and queens reside. The beauty of various European countries is also well recognized all over the world. The very dramatic looking places plus the history behind all of those places are just wonderful.
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It is true that over the past few years, other countries from other continents all over the world have passed countries in Europe. In fact, there are more countries from different continents in the list of richest countries in the world by 2015 GDP. Yet, this does not mean that Europe has already lost its staying power as one of the strongest continents in the world. In fact, with its natural resources, they can utilize it more in order to become stronger in the world market.
Are you already curious to know the richest countries in Europe by 2015 GDP? Here is a short list of the European countries:
7. Belgium – $37, 995.23
Belgium is known to be one of the most industrialized economies in Europe. The fact that it does not rely much on its agriculture has contributed a lot to its economic growth. It does have one limitation which is not having enough natural resources to trade to different parts of the world, but this limitation has not stopped Belgium. In fact, it has managed to improve and overcome this limitation.
6. Germany – $38, 695.94
This country is known for its large economy. Like Belgium, it also has a highly industrialized economy which basically focuses on producing various cars. Some of these car brands are being exported all over the world. A couple of examples of car brands are Mercedes Benz and Volkswagen.
5. Sweden -$41,129.26
Sweden is well known to be one of the developed countries in the world. Although it has a tertiary economy, it is rich in natural resources and agriculture is one of the reasons why it has managed to grow over the past years. It has also developed high tech industries that have changed the way that people live over the latter part of the 20th century. It is expected to grow even more in the future.
4. Austria – $42, 589.72
Austria is well known for its high standard of living that is unlike other countries in Europe. It is a very organized country with its people being highly skilled. It also makes sure that the services that it can offer has become more advanced over the past years. It is expected that this country will grow even more in the future because of its agriculture.
3. Switzerland – $44,015.97
The labor population of Switzerland is known to be highly skilled which explains why it has one of the strongest economies in Europe. The taxes in this country are also far lower than the taxes that other people have to pay in nearby European countries. Since the services that this country can offer are far better than others, it has managed to become stronger as it focuses on industries that it can benefit from.
2. Norway – $54, 479.06
Some people do not realize that Norway is one of the richest countries in Europe by 2015 GDP, this is because it has managed to stay strong for a long time. Norway has an oil reserve in the North Sea which of course increases its ranking significantly. It also has a lot of mineral resources that has contributed to its growth as a nation.
1. Luxembourg – $79, 649.49
Surprised to see this country as the richest country in Europe? Don’t be because the people in Luxembourg averagely earn more than a rich man in other countries. This is also known to be the second richest country in the world so it is expected that this is the richest in Europe. This country has industrialized cities yet it has managed to keep its old world appeal.
With all of the details that you have learned regarding the richest countries in Europe by 2015 GDP, which country do you think you would want to check out at the soonest possible time? The answer will be up to you.
