No suspense, all these countries are in Eastern Europe. As much as the listed European countries are poor, they are actually doing better than most of the poorest countries in other continents. The Valleys and Cornwall are in the top 50 poorest regions of the whole of Europe – and in the top 10 deprived areas of Western Europe, according to the purchasing power league table. Here are the 10 poorest countries in Europe and complete details about these countries. While the UK currently enjoys a relatively high ranking among Europe’s wealthiest countries, how it will fare after its planned withdrawal from the European Union in 2019 is still in question. Europe is one of the most developed continents of the world but with the land area of 10,400,000 square kilometers, it happens to be the second smallest continent in the world. For instance, the poorest country in Africa (Burundi) has a GDP (PPP) per capita of 285.73 USD compared to 5,998 USD of Moldova which is the poorest in Europe. Eurostat ranked Macedonia as the third poorest country in Europe, with only Albania and Bosnia faring worse. Finland – $46,342 GDP per capita. Figures produced by Eurostat… According to Eurostat, some countries rank above this average with Greece at 20.9 percent and Spain at 16.3 percent. Moldova 2. Albania 5. Kosovo 4. The rate of risk of poverty or social exclusion has reached its lowest point since 2005, yet the targetremainsdistant The Macedonia GDP reaches only 31 percent of the European average, making the country among the worst off in the continent. The unemployment rate in Europe is only around seven percent. . Below is a table of sovereign states in Europe by GDP (PPP) per capita in international dollars. 1. Cornwall is the second poorest region in the whole of northern Europe and among the 50 poorest on the entire continent, according to data. Note: transcontinental countries that are partly (but not entirely) located in Europe are also shown in the table, but the values shown are for the entire country. 12. GDP growth in the euro area and EU: In the fourth quarter of 2020, seasonally adjusted GDP decreased by 0.7% in the euro area and by 0.5% in the EU compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. List of poorest countries in Europe by their GDP per capita (PPP). On the old continent, there are economies that are losing momentum or have stalled. Bosnia 6. Ukraine 3. It will take decades at best for Macedonia to catch up, it … This is one of the 12 facts about poverty in Europe that reveals the enormous gap between wealthier and poorer countries in Europe. Countries are ranked by their projected 2020 figures. Source: Eurostat online data codes: (t2020_50), (ilc_peps01), (hlth_dpe010), (ilc_peps03), (ilc_peps04),(ilc_peps06)and(ilc_peps13) How do poverty and social exclusion affect Europe? List of Poorest Countries in Europe Continent. Search for: Home; About; Shorefront Legacy; poorest country in europe The Northern European country of Finland boasts a small but comparatively wealthy population of 5.52 million. 09/03/2021 GDP down by 0.7% and employment up by 0.3% in the euro area. The Poorest Country in Europe Has the Most Women in Tech. By Kit Gillet.

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