Which region of Europe is the most economically developed?

In 2018, the highest levels of GDP were recorded in major hubs of business activity. The French capital region of Île-de-France had by far the largest economy (EUR 734 billion), and was followed by the northern Italian region of Lombardia (EUR 388 billion) and the southern German region of Oberbayern (EUR 274 billion).

What European region is the wealthiest?

London, Brussels and Luxembourg are the three richest nations in Europe, according to a ranking by Eurostat based on local GDP. The ranking unsurprisingly demonstrates the persistent gap between Western and Eastern Europe.

What percent of GDP is airlines?

5%
Aviation accounts for more than 5% of our Gross Domestic Product, contributes $1.6 trillion in total economic activity and supports nearly 11 million jobs.

Which region of Europe usually has a high standard of living and high GDP?

Luxembourg has one of the highest GDP per capita in all of Europe. Austria is noted for its high level of cultural activities in Vienna and Salzburg. All these countries complement each other in creating one of the dominant economic core areas in the world.

Why do we use Eurostat for regional statistics?

In order to provide a detailed picture of the diverse EU territories and to monitor EU regional policy targets, Eurostat has developed a range of statistics based on different classifications and typologies. These include data for: rural areas and regions.

Are there any statistics on air transport in the EU?

This article analyses recent data on air transport in the European Union (EU), both for passengers and freight and mail. It presents data on air passengers transported, showing the slight increase observed at EU-28 level between 2017 and 2018.

What is the per capita GDP of the EU?

In 2019, regional GDP per capita, expressed in terms of national purchasing power standards ( PPS ), ranged from 32% of the European Union ( EU) average in the North-West region of Bulgaria as well as Mayotte, an overseas region of France, to 260% in the Grand Duchy of Luxembourg.

How is the GDP of a region calculated?

This is a list of European regions ( NUTS2 regions) sorted by their gross domestic product (GDP). Eurostat calculates the GDP based on the information provided by national statistics institutes affiliated to eurostat. . The figures are in millions of nominal euros, purchasing power standards and purchasing power standard per capita.