Here is a list of richest European countries in the world that have highest GDP in the continent in ascending order this website.
Number 10 Netherlands, located in the Western Europe Netherlands, is a small densely populated country. It is the world's second largest exporter of food and a result of fertile soil and mild climate. It is the 17th largest economy in the world and ranks 10th in GDP per capita in the world. It has a market based economy with foodstuffs as chief industrial sector. The country's other industries are chemicals, metallurgy, machinery, tourism and electrical goods. Some well-known international companies operating from Netherlands include Randstad Unilever, DSM, Shell, Philips, TomTom Port of Rotterdam, being the largest port in Europe, provides prime access to markets in the UK and Germany. The country has the 13th highest per capita income in the world and has a high-level economic freedom. Number 9 San Marino. This is a small country situated on the Italian peninsula and is not a member of European Union. The country has highest of the GDP centered to have highly stable economy. San marino has a budget surplus, has no national debt and has one of the lowest unemployment rates in europe. Its economy mainly relies on industry, finance services and tourism. Chief industries include banking, ceramics and electronics. It import staple goods from Italy, as the main agricultural products in the country are wine and cheese. It is said to be the only country with more vehicles than people number. Number 8: Sweden, Sweden is a Scandinavian country in Northern Europe. Divided into 21 counties and 290 municipalities, the country ranks highly in several metrics of national performance, including education, protection, economic competitiveness, equality, human development, etc. It is has eighth highest per capita income in the world. It has a high standard of living and has an export-oriented mixed economy. It is the ninth highest arms exporter in the world sectors. Like telecommunications, automobiles, pharmaceuticals, engineering are of prime importance and country's output and exports. The country takes Fame for having one of the highest telephone and internet access penetrations. Some of the world-renowned Swedish companies are Volvo Ericsson, Sandvik, Scania, IKEA, Nordia, SKF Atlas, Copco, Electrolux and others. The country is said to have best creativity for having world's most purposeful workers. Number 7: Ireland: it is an island in the Western Europe being the second most populated island in Europe. It has lush vegetation and climate is very moderate. It has a unique Irish, music, Irish language and Gaelic games as the part of its indigenous culture alongside Western culture. It is one of the highest producers and consumers of wine and other alcoholic products. The rural areas in the country use peat a source of energy, while sods of turf were used in urban areas. The entire island is a busy center of trade and tourism, which accounts for its income. Number 6: Denmark. It is a Scandinavian country that consists of a peninsula Jutland and an archipelago of 443 islands. The country offers a high standard of living and ranks highest in the world for social mobility. Denmark has a high level of income. Equality has one of the world's highest personal income tax rates and is the least corrupt country in the world. It has a developed mixed economy that is considered as one of the freest economies in the world. The country has a productive population that produces high GDP per hour work value. It is also considered as the eighth most competitive economy in the world. Number 5: Switzerland. One of the powerful economies in the world, Switzerland, is a small country mostly dependent on manufacturing. It is the 20th largest e exporter in the world, with products like chemicals, watches, health and pharmaceutical goods, musical instruments, etc. It is one of the most developed countries in the world and has placed itself in two key spots in several metrics of national performance. It has a GDP of 59 thousand one hundred fifty dollars and is considered to be a stable, high-tech economy that is a home for companies like Novartis Nestle, have UBS AG tetra pak swatch and many more. Number 4: Norway. This European country ranks as the second richest country in the world and monetary value, with largest capital reserve per capita of any nation by D s. Sixth highest GDP in the world is the result of abundance of petroleum, natural gas, minerals, lumber, hydropower, seafood. It has a mixed economy, featuring a combination of free market activity, and, a large state ownership in various sectors. It is the well-functioning and stable country in the world and has a higher standard of living than any other country in the world. Number 3: Liechtenstein. This is a mountainous microstate located in Central Europe governed by Prince of Liechtenstein. It has one of the lowest unemployment rates in the world. It has the third highest GDP in the world when adjusted by PPP. Although the country has small area, limited resources and limited manpower, it has a highly industrialised free, enter free se economy that which has made the country so prosperous. The living standard is very high in the nation, has more registered companies than citizens, the reason being very low business taxes, corporate taxes. Thus, it is a popular tax haven for enormously, wealthy individuals and companies to evade taxes in their native countries. This accounts for about 30 % of Lichtenstein's revenue are just producer of ceramics and false teeth and its other major industries are electronics, textiles, power tools, precision instruments and pharmaceuticals. Number 2: Monaco: it is a sovereign city state governed by Prince Albert II, located on the french Riviera in west of europe, it is a small and densely populated sea boundary and has the world's highest Human Development Index in the world. The country has world's highest GDP nominal per capita and records world's lowest poverty rate. It is said to have world's high best number of millionaires and billionaires per capita. The economy is very stable, as the country holds monopoly in various sectors like tobacco, postal service, gambling, etc. Tourists are only allowed to take part in the casinos in the country. It is also a major banking center in Europe. Number 1: Luxembourg. Officially called the Grand Duchy of Luxembourg. This nation is the world's second largest investment fund center and the most important private banking center in the eurozone. It has a GDP of one hundred thousand nine hundred. Ninety one dollars accounted by diversified industries, including chemicals, rubber and other products. Banking and other financial services also account for mayor fraction of economic output and is the prominent Centre for reinsurance companies. Quality of life index is high in this country. An unemployment rate is very low, it has a stable and high income market economy featured by steady growth, low inflation and a high level of novelty. Luxembourg City is the one of the three capitals of European Union and is a seat for various institutions and agencies of the European Union, including European Court of Justice. Its culture is highly influenced by its neighbors, making it a combination of French and Germanic cultures.
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