All 27 European Union Countries Ranked By GDP – Malta At Last
- Among all the countries which are part of the European Union Malta has the lowest GDP of $22.7 billion while Estonia sits above Malta with a GDP of $45 billion
- France, Germany and Italy are top EU members having a robust GDP of $3.596 trillion, $5.453 trillion and $2.738 trillion respectively
European Union (EU), a political entity of its own class represents both federation and confederation by hosting 27 countries under one roof. These all countries contribute to more than €18 trillion in world’s nominal GDP which also comprises of 1/6th of global economic output. Out of the world’s top 500 companies 90 have their headquarters in Europe.
The currency mostly used here is Euro, it is the official currency of 21 countries in the union. For efficient currency circulation across different countries in the union there’s European Central Bank headquartered in Frankfurt, Germany. As of 2026 the GDP of all EU members combined stands at close to $23 trillion. Some countries economy are big enough so they contribute the most while some contribute the least. So here’s the list of all EU countries ranked by nominal GDP. You can find here that which member countries are the top and least contributors to the EU economy.
Germany (GDP – $5.453 trillion)
The first name in the list is of Germany. At $5.453 trillion the country’s GDP stands at largest among all EU members. By nominal GDP it is also the world’s third largest economy. Services and Industrial are two sectors that contributes the most 72% and 27% to the country’s economy. Germany has the largest manufacturing output in Europe. It is home to Volkswagen – the 2nd largest automaker in the world and also houses BMW, Mercedes Benz and Audi. Among the world’s 500 top companies 29 are based only in Germany.
France (GDP – 3.596 trillion)
At $3.596 trillion, France sits as the second largest economy in European Union. It is the world’s 9th largest economy as well. Largest contributor to the France economy is its industrial sector which contributes 1/5th of economy. Just like Germany, France also holds considerable manufacturing output and sits at 8th spot globally.
Italy (GDP – $2.738 Trillion)
Known for beautiful cars like Ferrari, Lamborghini and delicious foods, Italy ranks third by nominal GDP in Europe. It is considered as founding member of European Union and has a GDP of $2.738 trillion which is 3rd largest in Europe and 8th largest in the world. The manufacturing industry of Italy is second only to Germany in European Union while it is seventh largest globally. Apart from food and cars Italy is known for producing luxury goods as well.
Spain (GDP – $2.091 trillion)
The 4th spot in the list is of Spain which has a nominal GDP of $2.091 trillion. Madrid is known as the financial capital of Spain. On global scale the country sits at 17th spot in both imports/exports. It has the world’s 2nd largest high speed rail network (second only to China). Services sector constitutes more than 75% to the Spain’s economy.
Netherlands (GDP – $1.326 trillion )
Home to the port of Rotterdam which is the largest port in Europe Netherlands is the 5th country in the list. The country is informally known as Holland. Its economy is 17th largest in the world. Netherlands is known for its innovative and competitive economy. On global innovation index the country sits at 8th spot. Netherlands it also a tax heaven and it is among the world’s top 5 tax heaven nations. Amsterdam is the financial capital of Netherlands.
Poland (GDP – $1.134 trillion)
The 6th country in the list is Poland. In this trillion dollar club this is the last country in the list. Poland has a nominal GDP of $1.134 trillion. In Sep 2025 the country entered into a trillion dollar club as since 2000 the country’s economy grew by 500%. Warsaw is the country’s financial hub and this is where the National Bank of Poland is located. In commodities like silver and gold Poland has edge by holding world’s 11th largest gold reserves and being a 5th largest silver producing nation.
Belgium (GDP – $776.730 Billion)
Among all the European Union Countries GDP in the list Belgium is the first one which has a GDP under $1 trillion. The country has a nominal GDP of $776.30 billion which is 7th largest in Europe. Brussels is known as the economic centre of Belgium and it is home to the headquarters of NATO (Northern Atlantic Treaty Organization).
Sweden (GDP – $760.481 billion)
Known for high standards of living Sweden is the 12th richest country globally and holds a nominal GDP of $760.481 billion. The country is home to Volvo – the best known truck maker globally while housing some other popular brands like Spotify, IKEA, H&M, Ericsson, Scania, SKF etc. It is the 5th largest country in Europe. Stockholm is the capital of Sweden.
Austria (GDP – $623.719 billion)
Famous for Vienna convention of 1985 that protected the ozone layer the capital city of Austria also acts as the country’s financial capital. Austria has a GDP of $623.719 billion) which is 9th largest in Europe. Germany is the main trading partner of Austria. Services sector are the main contributors to the country’s economy while tourism also holds a significant portion of 10%. Austria is among the world’s top 10 visited nations.
Ireland (GDP – $587.220 billion)
The 10th country in the list is Ireland. An island which is 20th largest in the world and third largest in Europe holds a nominal GDP of $587 billion. The financial capital is Dublin, here you’ll find Bank of Ireland headquarters. Ireland uses two different countries Euro and Pound. Tourism is the most significant industry in Ireland as the country is known for its beautiful landscapes.
Denmark ($503.772 billion)
Known for actively protecting the labour rights – Denmark sits at 11th spot in Europe union countries GDP list. Denmark has a GDP of $503.772 billion and is among the highest labour wages nation in the world. The country is home to Maersk (world’s second largest shipping company) and Novo Nordisk (pharmaceutical company) which are among the fortune 500 companies globally. Novo Nordisk is the most valuable company in Europe and its market cap exceeded the GDP of its home country Denmark in 2024 as the company’s valuation went past $600 billion.
Romania – (GDP – $480.834 billion)
Once known as “The Tiger of the East” due to its economic prowess Romania suffered a major economic downside in past few decades, primarily in 2017-18. The country’s GDP stands at $480.834 billion which is 12 th among all European Union Countries GDP. Dacia, a Romanian automobile company got acquired by French automaker Renault in 1999.
Czech Republic (GDP – $432.597 billion)
Known for old school Jawa bikes, the Czech republic holds the 13th spot in European countries GDP list with a nominal GDP of $432.597 billion. Prague is considered as the financial capital of Czech republic and it is also home to some beautiful tourist destinations. 61 per cent of economy is about services sector and 37 percent of economy is about industrial sector. Czech republic has also one of the world’s most diverse economies.
Portugal (GDP – 380.637 Billion)
On 14th spot we’ve Portugal which holds a GDP of $380.637 billion. Is a high income country and Lisbon acts as its financial capital. The country is among the 10 largest olive oil producers and 4th largest exporter. Portugal is infamous for its wine and also the largest producer of cork. While services constitute the most to Portugal’s economy the agriculture sector holds just about 2 percent of it.
Finland (GDP – $337.69 billion)
Known as “The Land of Thousand Lakes”, Finland sits at 15th spot in Europe union countries GDP list. The country has a GDP of $337.69 billion at a population of 5.7 million. Globally Finland is known for its well developed wellfare system that includes free education, healthcare etc. Finland is home to Perno shipyard which has produced some of the world’s biggest cruise ships like The Oasis of the Seas and Independence of the seas both operated by Royal Caribbean International.
Greece (GDP – $307.554 billion)
A country whose capital city is known as the birthplace of Democracy. We’re talking about Athens where democracy was introduced around 507 BCE. Not just democracy, In 776 BC Athens was the place where Olympics played for the very first time. Greece holds a GDP of $307.554 billion and sits at 16th spot in the list. By tonnage the shipping industry of Greece is largest in the world. The country also has the largest merchant Navy in the world.
Hungary (GDP – $271.122 Billion)
A landlocked country that lies in Danube river’s drainage is Hungary whose economy ranks at 53rd in the world. Budapest is the capital of Hungary which is home to World Food Programme financial center. Budapest acts as a significant financial hub as well. While most of EU members have Euro as their official currency Hungary is among those 6 EU members which maintains their own currency known as the Hungarian Forint.
Slovakia (GDP – $167.730 billion)
On 18th spot we’ve Slovakia which has a nominal GDP of $167.730 billion on a population of 5 million. It is the world’s 58th largest economy. The automotive sector represents more than 40% of the country’s economy output. Bratislava is the capital city of Slovakia which also acts as the country’s financial capital.
Bulgaria (GDP – $117 billion)
Bulgaria sits as 19th spot among the European Union Countries GDP with a nominal GDP of $117 billion. Private sector accounts for the country’s 70% GDP. Sofia, the capital city of Bulgaria generates 42% of country’s GDP with just 22% population.
Croatia (GDP – 116.57 billion)
With tourism sector contributing 10-15% of country’s GDP, Croatia ranks 20th on the list. The country has a GDP of $116.57 billion with a population close to 4 million. Zagreb is the financial capital of Croatia. Tertiary and industries sector accounts for 70% of Croatia’s GDP. Food and beverage companies contribute the most here.
Lithuania ($105.907 billion)
Classified as a advanced and high income economy Lithuania sits at 21st spot with a GDP of $105.907 billion. After independence in 1990 Lithuania GDP grew by 500%, this was further increased when company joined the European Union. It is one of the fastest growing economies in European union with Sweden as its main investor.
Luxembourg (GDP – $96.993 Billion)
At 22 spot we’ve Luxembourg which holds a GDP of $96.993 billion. Banking is the largest sector in Luxembourg and so it has 25th most competitive financial center globally. Luxembourg is also one of the best known tax havens for the premium corporate world. The country offers zero withholding tax and absolutely no wealth or real estate tax. The country is home to CJEU, the largest judicial authority in Europe.
Slovenia (GDP – $86.722 billion)
With a GDP of $86.722 billion Slovenia sits at 23rd spot in European union countries GDP list. Ljublijana is the capital of Slovenia. Germany and Italy are the main trading partners of Slovenia. The country’s economy is classified as high income economy.
Latvia (GDP – $47.880 billion)
On 24th spot we’ve Latvia which constitutes a GDP of $47.880 billion. The country has highly developed transit service along with agricultural industries. Riga is the capital of Latvia. It is home to Riga Central market which is the Europe’s largest market. The market is included in UNESCO world heritage site and it has 3000 trade stands that’ll get you anything.
Cyprus (GDP – $45.171 Billion)
Known for its beautiful tourist destinations Cyprus sits at 25th spot with a GDP of just over $45.172 Billion. The capital city of Cyprus is Nicosia. Vassiliko Cement Works is the largest cement company in Cyprus which holds a capacity of 2.85 MT. The country also has gypsum deposits. Cement and gypsum is the 2nd largest GDP contributing sector of Cyprus, tourism is the first one which contributes 13% to the country’s GDP.
Estonia (GDP – $45 billion)
With a GDP of $45 billion Estonia is second smallest economy in European union. Its capital city is Tallinn. The country’s exports stands at more than $20 billion with services and industry as the main sector.
Malta (GDP- $22.7 billion)
The smallest country in the entire European Union is Malta. An island which has a GDP of $22.7 billion. Tourism is the most GDP contributing sector of Malta. The island hosts close to 4 million visitors annually and collective tourist spend stands at over €3 billion.
So this was the list of all 27 European Union Countries ranked by nominal GDP. Along with GDP I’ve also mentioned some interesting facts. So if you find this informative then please share. THANK YOU!
