Richest Countries in Europe

Top 10 Richest Countries in Europe

Europe

In the selection are the 10 richest countries in Europe, the world’s leading economic continent. But differences in wealth are perceived among the countries of this continent. Another highlight is the European Union, made up of 27 states in Europe with the common currency, the euro. The criteria for selecting the 10 countries is summarized by GDP, gross domestic product. Source: militarynous.com

10. BELGIUM

Belgium’s economy is characterized as very globalized. The location of the country is at the heart of a well industrialized region, being an important trading nation. The economy has a highly productive workforce, and the country’s main exports are food, iron, steel, automobiles, cut diamonds, plastics, petroleum and non-ferrous metal products, textiles.

9. NETHERLANDS

The Netherlands ranks ninth among the 10 richest countries in Europe, with a very strong economy and a special function for the continent’s economy. Special sectors in the economy are fishing, commerce, banking and transportation. This country is part of the 10 largest exporting nations. Food represents the largest sector of the industry. Other potential industries include metallurgy, machinery, electrical, chemicals, tourism and goods. And key representatives are oil refining services, Shell; Heineken and Unilever.

8. POLAND

This country’s powerful economy is healthy among post-communist countries, with remarkable growth. Poland is the economy that avoided the recession of the year 2008-2009, of strong domestic market, flexible currency. It is still characteristic of low private indebtedness, and does not depend on a single export sector. From the fall of the communist government, the country follows a policy of liberalization of the economy. The banking sector is one of the largest in the world.

7. TURKEY

The country’s economy is dependent on industry in large cities, and less on agriculture. But agriculture is one of the main pillars of the economy in Turkey. Another highlight is tourism, fast growing, still construction, banking, electronics, textiles, home appliances, food, steel, petrochemical, mining, auto and machinery industry.

6. SPAIN

The country has been impacted by the global economic crisis from the beginning of 2008, but has experienced significant economic growth from the 1990s through 2007. There are currently problems of high unemployment, particularly for young people, high public debt, and poor economic performance. ; despite prevailing economic reforms. Against the beat, the Spanish Amâncio Ortega (3rd richest man in the world ) has grown his fortune in recent years.

5. ITALY

Northern Italy is very industrially developed, while southern Italy is very agricultural. Much of the energy consumed in the country is imported, and a high quantity of the raw material. The country’s major export products are automobiles, petrochemicals, chemicals, aerospace and defense technology, electrical and appliances, food, fashion, and firearms. Tourism is an important part of the economy, and in Italy there are more UNESCO world heritage sites.

4. FRANCE

The economy of this country is one of the strongest in the world, with a very varied industrial park, with a function in the manufacture of automobiles, parts, chemicals, airplanes and food. Important part is cutting edge technology industry; The country is home to many multinational companies like Carrefour, and Danone. Important export products are French perfumes and wines , for example. The tourism sector is strong in revenue; Paris is one of the most visited cities in the world with one of the most famous tourist spots .

3. U.K.

The market economy is predominant in the country, and partially regulated. The pound sterling, UK currency is the third world reserve currency. Highlights are service sector, tourism, pharmaceutical, automotive, and aerospace.

2. RUSSIA

The economy is market in large natural resources, especially natural gas and oil. Higher domestic consumption and political stability drive the country’s economic development; growth in non-tradable services and goods for the domestic market. Natural gas, metals, oil and wood make up over 80% of Russia’s exports abroad. Characteristics that define Russia as the second richest country in Europe.

1. GERMANY

The leading country in the selection of the 10 richest countries in Europe is Germany, very important worldwide and highlighted by technological, military, economic growth and quality of life. Yet the economic prosperity and high living conditions of the inhabitants define the country. The country is a major exporter, with headquarters of companies that operate in various locations around the world, the transnational ones. Frankfurt, a global city, brings together major financial centers such as banks, supranational institutions, research centers and the stock exchange .

Richest Countries in Europe