Gross Domestic Product — Value US$ per capita in Northern Europe
Northern Europe: Gross Domestic Product — Value US$ per capita was 57,638 USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ per capita in Northern 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 in Northern Europe stood at 57,638 USD. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 5.5% on the previous year and up 14.0% over ten years.
Over the whole period, gross domestic product — value us$ per capita in Northern Europe peaked at 57,638 USD in 2024 and was at its lowest, 2,677 USD, in 1970.
Northern Europe ranks 3rd of 29 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ per capita in Northern Europe, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 2,677 USD | — |
| 1971 | 2,995 USD | +11.9% |
| 1972 | 3,473 USD | +16.0% |
| 1973 | 4,100 USD | +18.1% |
| 1974 | 4,513 USD | +10.1% |
| 1975 | 5,370 USD | +19.0% |
| 1976 | 5,450 USD | +1.5% |
| 1977 | 6,059 USD | +11.2% |
| 1978 | 7,330 USD | +21.0% |
| 1979 | 9,156 USD | +24.9% |
| 1980 | 11,200 USD | +22.3% |
| 1981 | 10,591 USD | -5.4% |
| 1982 | 10,067 USD | -4.9% |
| 1983 | 9,587 USD | -4.8% |
| 1984 | 9,281 USD | -3.2% |
| 1985 | 9,785 USD | +5.4% |
| 1986 | 12,325 USD | +26.0% |
| 1987 | 15,151 USD | +22.9% |
| 1988 | 17,806 USD | +17.5% |
| 1989 | 18,187 USD | +2.1% |
| 1990 | 21,530 USD | +18.4% |
| 1991 | 22,065 USD | +2.5% |
| 1992 | 20,972 USD | -5.0% |
| 1993 | 18,350 USD | -12.5% |
| 1994 | 19,744 USD | +7.6% |
| 1995 | 23,356 USD | +18.3% |
| 1996 | 24,617 USD | +5.4% |
| 1997 | 25,698 USD | +4.4% |
| 1998 | 26,806 USD | +4.3% |
| 1999 | 27,340 USD | +2.0% |
| 2000 | 26,770 USD | -2.1% |
| 2001 | 26,486 USD | -1.1% |
| 2002 | 28,830 USD | +8.9% |
| 2003 | 33,829 USD | +17.3% |
| 2004 | 39,455 USD | +16.6% |
| 2005 | 41,545 USD | +5.3% |
| 2006 | 44,328 USD | +6.7% |
| 2007 | 50,637 USD | +14.2% |
| 2008 | 50,332 USD | -0.6% |
| 2009 | 41,860 USD | -16.8% |
| 2010 | 43,142 USD | +3.1% |
| 2011 | 46,964 USD | +8.9% |
| 2012 | 46,531 USD | -0.9% |
| 2013 | 48,048 USD | +3.3% |
| 2014 | 50,580 USD | +5.3% |
| 2015 | 46,356 USD | -8.4% |
| 2016 | 43,922 USD | -5.2% |
| 2017 | 44,925 USD | +2.3% |
| 2018 | 48,006 USD | +6.9% |
| 2019 | 47,025 USD | -2.0% |
| 2020 | 45,510 USD | -3.2% |
| 2021 | 53,489 USD | +17.5% |
| 2022 | 53,154 USD | -0.6% |
| 2023 | 54,632 USD | +2.8% |
| 2024 | 57,638 USD | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5,112 USD | 2,677 USD | 9,156 USD | 10 |
| 1980s | 12,398 USD | 9,281 USD | 18,187 USD | 10 |
| 1990s | 23,048 USD | 18,350 USD | 27,340 USD | 10 |
| 2000s | 38,407 USD | 26,486 USD | 50,637 USD | 10 |
| 2010s | 46,550 USD | 43,142 USD | 50,580 USD | 10 |
| 2020s | 52,885 USD | 45,510 USD | 57,638 USD | 5 |
Countries ranked near Northern Europe
- 1 Monaco 278,644 USD compare
- 2 Liechtenstein 211,271 USD compare
- 2 Türkiye 15,127 USD compare
- 3 Luxembourg 135,597 USD compare
- 3 Polynesia 13,983 USD compare
- 4 Bermuda 131,848 USD compare
- 5 Ireland 109,874 USD compare
- 5 Venezuela (Bolivarian Republic of) 6,248 USD compare
- 6 Republic of Moldova 5,974 USD compare
- 6 Switzerland 104,973 USD compare
More economy & growth data for Northern Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 6.84 million (2027)
- Gross Domestic Product — Value US$ 6.26 million million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 1.08 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 51,132 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 5.56 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 6.15 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 5.5 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.29 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 19.37 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -2.24 % (2024)
Frequently asked questions
- What is gross domestic product — value us$ per capita in Northern Europe?
- Gross domestic product — value us$ per capita in Northern Europe was 57,638 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita recorded in Northern Europe?
- The highest recorded value was 57,638 USD in 2024.
- What is the lowest gross domestic product — value us$ per capita recorded in Northern Europe?
- The lowest recorded value was 2,677 USD in 1970.
- How does Northern Europe rank for gross domestic product — value us$ per capita?
- Northern Europe ranks 3rd out of 29 groups with data for 2024.
- Is gross domestic product — value us$ per capita rising or falling in Northern Europe?
- Over the last ten years it is up 14.0%. The long-run trend across the full record is volatile.
- Where does this Northern 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. 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).