Economy of Europe

The economy of Europe comprises of 48 different economies. Industrialization has its birth’s footprint in European Continent  led by the United Kingdom in the 18th century. As a result, it has become the world’s richest continent today, accumulating 32% of World’s nominal GDP as of 2010 ($19.920-trillion).

World’s Top 5 Economies

European economies account for half of the 10 wealthiest economies of the world.

These 5 countries are all ranking in the world’s top 10.

Country Global Rank (in terms of Nominal GDP)
Germany 4th
France 5th
United Kingdom 6th
Italy 7th
Russia 10th

Of the top 500 largest corporations measured by revenue (Fortune Global 500 in 2010), 184 have their headquarters in Europe. The European Union or EU is a supranational union of 27 European states, the most recent acceding members being Romania and Bulgaria.

More Information Related to Europe Economy
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Last Updated on : 25th June 2013

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