Gross Domestic Product — Value US$ per capita in Western Europe
Western Europe: Gross Domestic Product — Value US$ per capita was 56,453 USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ per capita 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 in Western Europe stood at 56,453 USD. That is the highest value across all 55 years on record.
That represents a change of up 3.5% on the previous year and up 13.7% over ten years.
Over the whole period, gross domestic product — value us$ per capita in Western Europe peaked at 56,453 USD in 2024 and was at its lowest, 2,841 USD, in 1970.
Western Europe ranks 4th of 29 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ per capita in Western Europe, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 2,841 USD | — |
| 1971 | 3,244 USD | +14.2% |
| 1972 | 3,911 USD | +20.6% |
| 1973 | 5,136 USD | +31.3% |
| 1974 | 5,713 USD | +11.2% |
| 1975 | 6,640 USD | +16.2% |
| 1976 | 6,995 USD | +5.4% |
| 1977 | 7,939 USD | +13.5% |
| 1978 | 9,835 USD | +23.9% |
| 1979 | 11,662 USD | +18.6% |
| 1980 | 12,786 USD | +9.6% |
| 1981 | 10,946 USD | -14.4% |
| 1982 | 10,563 USD | -3.5% |
| 1983 | 10,330 USD | -2.2% |
| 1984 | 9,745 USD | -5.7% |
| 1985 | 9,930 USD | +1.9% |
| 1986 | 14,015 USD | +41.1% |
| 1987 | 17,180 USD | +22.6% |
| 1988 | 18,504 USD | +7.7% |
| 1989 | 18,332 USD | -0.9% |
| 1990 | 22,808 USD | +24.4% |
| 1991 | 23,359 USD | +2.4% |
| 1992 | 25,949 USD | +11.1% |
| 1993 | 24,848 USD | -4.2% |
| 1994 | 26,371 USD | +6.1% |
| 1995 | 30,672 USD | +16.3% |
| 1996 | 29,985 USD | -2.2% |
| 1997 | 26,760 USD | -10.8% |
| 1998 | 27,417 USD | +2.5% |
| 1999 | 27,158 USD | -0.9% |
| 2000 | 24,466 USD | -9.9% |
| 2001 | 24,532 USD | +0.3% |
| 2002 | 26,396 USD | +7.6% |
| 2003 | 31,954 USD | +21.1% |
| 2004 | 36,191 USD | +13.3% |
| 2005 | 37,137 USD | +2.6% |
| 2006 | 39,220 USD | +5.6% |
| 2007 | 44,876 USD | +14.4% |
| 2008 | 49,426 USD | +10.1% |
| 2009 | 45,498 USD | -7.9% |
| 2010 | 45,062 USD | -1.0% |
| 2011 | 49,396 USD | +9.6% |
| 2012 | 46,254 USD | -6.4% |
| 2013 | 48,458 USD | +4.8% |
| 2014 | 49,637 USD | +2.4% |
| 2015 | 42,753 USD | -13.9% |
| 2016 | 43,450 USD | +1.6% |
| 2017 | 45,588 USD | +4.9% |
| 2018 | 48,876 USD | +7.2% |
| 2019 | 47,812 USD | -2.2% |
| 2020 | 47,281 USD | -1.1% |
| 2021 | 52,491 USD | +11.0% |
| 2022 | 50,368 USD | -4.0% |
| 2023 | 54,559 USD | +8.3% |
| 2024 | 56,453 USD | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6,392 USD | 2,841 USD | 11,662 USD | 10 |
| 1980s | 13,233 USD | 9,745 USD | 18,504 USD | 10 |
| 1990s | 26,533 USD | 22,808 USD | 30,672 USD | 10 |
| 2000s | 35,970 USD | 24,466 USD | 49,426 USD | 10 |
| 2010s | 46,729 USD | 42,753 USD | 49,637 USD | 10 |
| 2020s | 52,230 USD | 47,281 USD | 56,453 USD | 5 |
Countries ranked near Western 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
- 4 Bermuda 131,848 USD compare
- 5 Ireland 109,874 USD compare
- 6 Switzerland 104,973 USD compare
- 7 Cayman Islands 101,422 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, 2015 prices 45,841 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 in Western Europe?
- Gross domestic product — value us$ per capita in Western Europe was 56,453 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 Western Europe?
- The highest recorded value was 56,453 USD in 2024.
- What is the lowest gross domestic product — value us$ per capita recorded in Western Europe?
- The lowest recorded value was 2,841 USD in 1970.
- How does Western Europe rank for gross domestic product — value us$ per capita?
- Western Europe ranks 4th out of 29 groups with data for 2024.
- Is gross domestic product — value us$ per capita rising or falling in Western Europe?
- Over the last ten years it is up 13.7%. The long-run trend across the full record is volatile.
- 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. Statizoid updates them automatically from the source API.
Download this data
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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).