Gross National Income — Value US$ per capita in European Union (27)
European Union (27): Gross National Income — Value US$ per capita was 41,052 USD in 2023. ◆ Volatile
Gross National Income — Value US$ per capita in European Union (27), 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
European Union (27) recorded 41,052 USD for gross national income — value us$ per capita in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 9.2% on the previous year and up 18.0% over ten years.
Over the whole period, gross national income — value us$ per capita in European Union (27) peaked at 41,052 USD in 2023 and was at its lowest, 2,787 USD, in 1970.
That places European Union (27) 6th out of 29 groups with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$ per capita in European Union (27), year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 2,787 USD | — |
| 1971 | 3,111 USD | +11.6% |
| 1972 | 3,629 USD | +16.7% |
| 1973 | 4,552 USD | +25.4% |
| 1974 | 5,086 USD | +11.7% |
| 1975 | 5,757 USD | +13.2% |
| 1976 | 6,091 USD | +5.8% |
| 1977 | 6,815 USD | +11.9% |
| 1978 | 6,484 USD | -4.9% |
| 1979 | 7,767 USD | +19.8% |
| 1980 | 8,576 USD | +10.4% |
| 1981 | 7,484 USD | -12.7% |
| 1982 | 7,269 USD | -2.9% |
| 1983 | 7,091 USD | -2.5% |
| 1984 | 6,813 USD | -3.9% |
| 1985 | 6,997 USD | +2.7% |
| 1986 | 9,641 USD | +37.8% |
| 1987 | 11,796 USD | +22.4% |
| 1988 | 12,937 USD | +9.7% |
| 1989 | 13,166 USD | +1.8% |
| 1990 | 16,215 USD | +23.2% |
| 1991 | 16,717 USD | +3.1% |
| 1992 | 17,700 USD | +5.9% |
| 1993 | 15,632 USD | -11.7% |
| 1994 | 16,489 USD | +5.5% |
| 1995 | 19,092 USD | +15.8% |
| 1996 | 19,456 USD | +1.9% |
| 1997 | 17,854 USD | -8.2% |
| 1998 | 18,357 USD | +2.8% |
| 1999 | 18,294 USD | -0.3% |
| 2000 | 16,940 USD | -7.4% |
| 2001 | 17,137 USD | +1.2% |
| 2002 | 18,623 USD | +8.7% |
| 2003 | 22,845 USD | +22.7% |
| 2004 | 26,263 USD | +15.0% |
| 2005 | 27,366 USD | +4.2% |
| 2006 | 29,207 USD | +6.7% |
| 2007 | 33,622 USD | +15.1% |
| 2008 | 36,963 USD | +9.9% |
| 2009 | 33,597 USD | -9.1% |
| 2010 | 33,111 USD | -1.4% |
| 2011 | 35,830 USD | +8.2% |
| 2012 | 33,262 USD | -7.2% |
| 2013 | 34,794 USD | +4.6% |
| 2014 | 35,528 USD | +2.1% |
| 2015 | 30,544 USD | -14.0% |
| 2016 | 31,286 USD | +2.4% |
| 2017 | 33,187 USD | +6.1% |
| 2018 | 35,952 USD | +8.3% |
| 2019 | 35,294 USD | -1.8% |
| 2020 | 34,477 USD | -2.3% |
| 2021 | 39,121 USD | +13.5% |
| 2022 | 37,602 USD | -3.9% |
| 2023 | 41,052 USD | +9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5,208 USD | 2,787 USD | 7,767 USD | 10 |
| 1980s | 9,177 USD | 6,813 USD | 13,166 USD | 10 |
| 1990s | 17,581 USD | 15,632 USD | 19,456 USD | 10 |
| 2000s | 26,256 USD | 16,940 USD | 36,963 USD | 10 |
| 2010s | 33,879 USD | 30,544 USD | 35,952 USD | 10 |
| 2020s | 38,063 USD | 34,477 USD | 41,052 USD | 4 |
Countries ranked near European Union (27)
- 3 Bermuda 128,892 USD compare
- 3 Türkiye 12,684 USD compare
- 4 Switzerland 97,750 USD compare
- 5 Norway 88,395 USD compare
- 5 Micronesia 5,897 USD compare
- 6 Luxembourg 83,917 USD compare
- 6 Republic of Moldova 5,565 USD compare
- 7 Iceland 81,814 USD compare
- 7 Micronesia (Federated States of) 4,477 USD compare
- 8 Iran (Islamic Republic of) 4,427 USD compare
- 8 Ireland 80,805 USD compare
- 9 China, Macao SAR 74,995 USD compare
- 9 Venezuela (Bolivarian Republic of) 4,214 USD compare
More economy & growth data for European Union (27)
- Gross Fixed Capital Formation — Value US$ 4.15 million million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.03 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.5 % (2024)
- Gross Domestic Product — Annual growth US$ 4.41 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 15.69 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 34,842 USD (2024)
- Gross Domestic Product — Value US$ per capita 43,110 USD (2024)
- Gross Domestic Product — Value US$ 19.41 million million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.11 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 3.30 million million USD (2024)
Frequently asked questions
- What is gross national income — value us$ per capita in European Union (27)?
- Gross national income — value us$ per capita in European Union (27) was 41,052 USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value us$ per capita recorded in European Union (27)?
- The highest recorded value was 41,052 USD in 2023.
- What is the lowest gross national income — value us$ per capita recorded in European Union (27)?
- The lowest recorded value was 2,787 USD in 1970.
- How does European Union (27) rank for gross national income — value us$ per capita?
- European Union (27) ranks 6th out of 29 groups with data for 2023.
- Is gross national income — value us$ per capita rising or falling in European Union (27)?
- Over the last ten years it is up 18.0%. The long-run trend across the full record is volatile.
- Where does this European Union (27) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — 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).