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)|
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.
Last Updated on : 25th June 2013