ECONOMICS
ECONOMIC GROWTH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which region of Europe has countries with higher GDP per capita?
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Eastern Europe
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Western Europe
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Southern Europe
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Northern Europe
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Explanation:
Detailed explanation-1: -The EFTA countries Norway and Switzerland have a level of GDP per capita of 67 % and 55 % above the EU average, respectively. Finland and France are the other EU Member States with a GDP per capita above the EU average.
Detailed explanation-2: -With a Gross Domestic Product of over 3.57 trillion Euros, the German economy was by far the largest in Europe in 2021. The similar-sized economies of the United Kingdom and France were the second and third largest economies in Europe during this year, followed by Italy and Spain.
Detailed explanation-3: -Basic Info Western Europe GDP Per Capita Outlook is at a current level of 55262.24, up from 53080.56 one year ago. This is a change of 4.11% from one year ago.
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