GDP, PPP (current international $) - Country Ranking - Europe

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Germany 4,560,920,000,000.00 2020
2 France 3,166,260,000,000.00 2020
3 United Kingdom 3,124,360,000,000.00 2020
4 Italy 2,491,060,000,000.00 2020
5 Turkey 2,297,010,000,000.00 2020
6 Spain 1,788,270,000,000.00 2020
7 Poland 1,299,440,000,000.00 2020
8 Netherlands 1,033,700,000,000.00 2020
9 Switzerland 619,633,000,000.00 2020
10 Romania 618,155,000,000.00 2020
11 Belgium 612,872,000,000.00 2020
12 Sweden 569,830,000,000.00 2020
13 Ukraine 544,976,000,000.00 2020
14 Austria 496,544,000,000.00 2020
15 Ireland 465,413,000,000.00 2020
16 Czech Republic 445,117,000,000.00 2020
17 Portugal 351,924,000,000.00 2020
18 Denmark 351,225,000,000.00 2020
19 Norway 336,996,000,000.00 2020
20 Hungary 322,495,000,000.00 2020
21 Greece 299,066,000,000.00 2020
22 Finland 279,336,000,000.00 2020
23 Belarus 189,843,000,000.00 2020
24 Slovak Republic 171,169,000,000.00 2020
25 Bulgaria 170,329,000,000.00 2020
26 Serbia 131,731,000,000.00 2020
27 Croatia 116,493,000,000.00 2020
28 Lithuania 108,667,000,000.00 2020
29 Slovenia 83,519,140,000.00 2020
30 Luxembourg 74,292,450,000.00 2020
31 Latvia 59,831,230,000.00 2020
32 Bosnia and Herzegovina 51,153,260,000.00 2020
33 Estonia 50,048,530,000.00 2020
34 Albania 38,061,510,000.00 2020
35 Cyprus 35,203,770,000.00 2020
36 North Macedonia 35,078,660,000.00 2020
37 Moldova 34,067,490,000.00 2020
38 Malta 21,881,640,000.00 2020
39 Iceland 19,648,530,000.00 2020
40 Montenegro 12,419,640,000.00 2020
41 San Marino 2,147,666,000.00 2019

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Statistical Concept and Methodology: Because exchange rates do not always reflect differences in price levels between countries, GDP and GDP per capita estimates are converted into international dollars using purchasing power parity (PPP) rates. PPP rates provide a standard measure allowing comparison of real levels of expenditure between countries, just as conventional price indexes allow comparison of real values over time. PPP rates are calculated by simultaneously comparing the prices of similar goods and services among a large number of countries. In the most recent round of price surveys conducted by the International Comparison Program (ICP) in 2011, 199 economies participated. The PPP conversion factors come from three sources. For 47 high- and upper middle-income countries conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD). For the remaining 2011 ICP countries the PPP estimates are extrapolated from the 2011 ICP benchmark results, which account for relative price changes between each economy and the United States. For countries that did not participate in the 2011 ICP round, the PPP estimates are imputed using a statistical model. More information on the results of the 2011 ICP is available at www.worldbank.org/data/icp.

Aggregation method: Gap-filled total

Periodicity: Annual