Gross Domestic Product — Value US$ per capita, 2015 prices in Western Europe
Western Europe: Gross Domestic Product — Value US$ per capita, 2015 prices was 45,841 USD in 2024. ▲ Rising
Gross Domestic Product — Value US$ per capita, 2015 prices in Western Europe, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gross domestic product — value us$ per capita, 2015 prices in Western Europe stood at 45,841 USD. That is the highest value across all 55 years on record.
The figure is up 0.3% on the previous year and up 8.1% over ten years.
Over the whole period, gross domestic product — value us$ per capita, 2015 prices in Western Europe peaked at 45,841 USD in 2024 and was at its lowest, 19,544 USD, in 1970.
That places Western Europe 4th out of 29 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$ per capita, 2015 prices in Western Europe, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 19,544 USD | — |
| 1971 | 20,230 USD | +3.5% |
| 1972 | 20,934 USD | +3.5% |
| 1973 | 21,908 USD | +4.7% |
| 1974 | 22,388 USD | +2.2% |
| 1975 | 22,044 USD | -1.5% |
| 1976 | 22,961 USD | +4.2% |
| 1977 | 23,696 USD | +3.2% |
| 1978 | 24,328 USD | +2.7% |
| 1979 | 25,176 USD | +3.5% |
| 1980 | 25,576 USD | +1.6% |
| 1981 | 25,655 USD | +0.3% |
| 1982 | 25,706 USD | +0.2% |
| 1983 | 26,056 USD | +1.4% |
| 1984 | 26,642 USD | +2.2% |
| 1985 | 27,195 USD | +2.1% |
| 1986 | 27,747 USD | +2.0% |
| 1987 | 28,154 USD | +1.5% |
| 1988 | 29,131 USD | +3.5% |
| 1989 | 30,132 USD | +3.4% |
| 1990 | 31,160 USD | +3.4% |
| 1991 | 31,879 USD | +2.3% |
| 1992 | 32,175 USD | +0.9% |
| 1993 | 31,838 USD | -1.0% |
| 1994 | 32,487 USD | +2.0% |
| 1995 | 32,982 USD | +1.5% |
| 1996 | 33,331 USD | +1.1% |
| 1997 | 34,028 USD | +2.1% |
| 1998 | 35,026 USD | +2.9% |
| 1999 | 35,999 USD | +2.8% |
| 2000 | 37,177 USD | +3.3% |
| 2001 | 37,660 USD | +1.3% |
| 2002 | 37,652 USD | -0.0% |
| 2003 | 37,589 USD | -0.2% |
| 2004 | 38,247 USD | +1.8% |
| 2005 | 38,734 USD | +1.3% |
| 2006 | 39,997 USD | +3.3% |
| 2007 | 41,190 USD | +3.0% |
| 2008 | 41,506 USD | +0.8% |
| 2009 | 39,754 USD | -4.2% |
| 2010 | 40,811 USD | +2.7% |
| 2011 | 41,827 USD | +2.5% |
| 2012 | 41,812 USD | -0.0% |
| 2013 | 41,895 USD | +0.2% |
| 2014 | 42,400 USD | +1.2% |
| 2015 | 42,753 USD | +0.8% |
| 2016 | 43,258 USD | +1.2% |
| 2017 | 44,068 USD | +1.9% |
| 2018 | 44,611 USD | +1.2% |
| 2019 | 45,149 USD | +1.2% |
| 2020 | 42,774 USD | -5.3% |
| 2021 | 44,903 USD | +5.0% |
| 2022 | 45,820 USD | +2.0% |
| 2023 | 45,698 USD | -0.3% |
| 2024 | 45,841 USD | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22,321 USD | 19,544 USD | 25,176 USD | 10 |
| 1980s | 27,200 USD | 25,576 USD | 30,132 USD | 10 |
| 1990s | 33,090 USD | 31,160 USD | 35,999 USD | 10 |
| 2000s | 38,951 USD | 37,177 USD | 41,506 USD | 10 |
| 2010s | 42,858 USD | 40,811 USD | 45,149 USD | 10 |
| 2020s | 45,007 USD | 42,774 USD | 45,841 USD | 5 |
Countries ranked near Western Europe
- 1 Monaco 233,442 USD compare
- 1 Türkiye 14,809 USD compare
- 2 Liechtenstein 181,295 USD compare
- 2 Polynesia 12,646 USD compare
- 3 Bermuda 112,842 USD compare
- 4 Luxembourg 106,385 USD compare
- 5 Iran (Islamic Republic of) 5,892 USD compare
- 5 Ireland 93,695 USD compare
- 6 Switzerland 90,911 USD compare
- 6 Viet Nam 4,002 USD compare
- 7 Cayman Islands 82,382 USD compare
- 7 Micronesia 3,796 USD compare
More economy & growth data for Western Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 12.78 million (2027)
- Gross Domestic Product — Value US$ 11.28 million million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 1.94 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 56,453 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 9.16 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 3.64 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.47 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.4755 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.22 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -1.68 % (2024)
Frequently asked questions
- What is gross domestic product — value us$ per capita, 2015 prices in Western Europe?
- Gross domestic product — value us$ per capita, 2015 prices in Western Europe was 45,841 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita, 2015 prices recorded in Western Europe?
- The highest recorded value was 45,841 USD in 2024.
- What is the lowest gross domestic product — value us$ per capita, 2015 prices recorded in Western Europe?
- The lowest recorded value was 19,544 USD in 1970.
- How does Western Europe rank for gross domestic product — value us$ per capita, 2015 prices?
- Western Europe ranks 4th out of 29 groups with data for 2024.
- Is gross domestic product — value us$ per capita, 2015 prices rising or falling in Western Europe?
- Over the last ten years it is up 8.1%. The long-run trend across the full record is rising.
- Where does this Western Europe data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$ per capita, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).