Which member state contributed the most to EU GDP? And what does GDP actually mean?

Gross domestic product (GDP) is an indicator used to measure the size and performance of an economy. It provides information on the value of goods and services produced during a given period. Within the EU, GDP was valued at €17.0 trillion in 2023.

In 2023, slightly less than a quarter of the EU’s GDP was generated by Germany (24.3%), followed by France (16.5%) and Italy (12.3%), ahead of Spain (8.6%) and the Netherlands (6.1%).

  • @Nollij@sopuli.xyzEnglish
    5•3 months ago

    I’m going to take a wild guess that this is also pretty close to the population share.

    • @Melchior@feddit.orgEnglish
      15•3 months ago

      Soemwhat:

      Country Population(2024-01-01) Population(% of EU)
      Germany 83,445,000 18.6%
      France 68,402,000 15.2%
      Italy 58,989,700 13.1%
      Spain 48,610,500 10.8%
      Poland 36,621,000 8.2%
      Romania 19,064,400 4.2%
      Netherlands 17,942,900 4.0%
      Belgium 11,832,000 2.6%
      Czech Republic 10,900,600 2.4%
      Portugal 10,639,700 2.4%
      Sweden 10,551,700 2.3%
      Greece 10,397,200 2.3%
      Hungary 9,584,600 2.1%
      Austria 9,158,800 2.0%
      Bulgaria 6,445,500 1.4%
      Denmark 5,961,200 1.3%
      Finland 5,603,900 1.2%
      Slovakia 5,424,700 1.2%
      Ireland 5,343,800 1.2%
      Croatia 3,862,000 0.9%
      Lithuania 2,885,900 0.6%
      Slovenia 2,123,900 0.5%
      Latvia 1,871,900 0.4%
      Estonia 1,374,700 0.3%
      Cyprus 933,500 0.2%
      Luxembourg 672,100 0.1%
      Malta 563,400 0.1%
      European Union 449,206,600 100.0%

      Sauce: https://en.wikipedia.org/wiki/List_of_European_Union_member_states_by_population

      • Match!!English
        3•3 months ago

        ireland at 300%, I’m sure that shakes out in an equitable way that lets irish people live comfortable happy lives c: