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Top 10 Richest Countries in Europe 2020

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TOP 10 RICHEST COUNTRIES IN EUROPE
Hello Deplorers, welcome back to another informative video and thanks for watching. In this video we shall be looking at the top 10 richest countries in Europe. Of the seven continents in the world, Europe is undoubtedly the most developed, and definitely one with the highest number of richest countries. The continent has an area of 10,180,000 km and is surrounded on the north by the Arctic Ocean, the Atlantic Ocean to the west, and the Mediterranean Sea to the south. Europe has about 50 nations, with a total of about 741 million people. The continent has numerous global eye-catching structures and cities like Paris and London among other.
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The majority of the European nations have enough Per capital GDP to keep the majority of their population above the poverty line. In this video, We shall be ranking the countries based on the GDP Per Capita Income and not GDP alone and with that said , These are the Top 10 Richest countries in Europe.
10. Austria – GDP Per Capita - $51.938
officially the Republic of Austria, Austria is a landlocked East Alpine country in the southern part of Central Europe. It is composed of nine federated states , one of which is Vienna, Austria's capital and its largest city. It is bordered by Germany to the northwest, Czech Republic to the north, Slovakia to the northeast, Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west. Austria occupies an area of 83,879 km2 and has a population of nearly 9 million people. Austria consistently ranks high in terms of GDP per capita, due to its highly industrialized economy, and well-developed social market economy. Until the 1980s, many of Austria's largest industry firms were nationalised; in recent years, however, privatisation has reduced state holdings to a level comparable to other European economies. Labour movements are particularly influential, exercising large influence on labour politics and decisions related to the expansion of the economy. Next to a highly developed industry, international tourism is the most important part of the economy of Austria. With A GDP of about 461.4 Billion dollars and a Per capita income of about 51.938 dollars, Austria is the 10th richest country in Europe.
9. Denmark – GDP Per Capita - $52.100
Denmark is one of the most beautiful countries in Europe and currently ranks as the 9th richest European Country. officially the Kingdom of Denmark, is a Nordic country in Northwest Europe. Denmark proper, which is the southernmost of the Scandinavian countries, consists of a peninsula, Jutland, and an archipelago of 443 named islands, with the largest being Zealand, Funen and the North Jutlandic Island. Denmark has a total area of 42,924 km2, land area of 42,394 km2 (16,368 sq mi), and the total area including Greenland and the Faroe Islands is 2,210,579 km2, and a population of 5.8 million in Denmark proper . Denmark has a developed mixed economy that is classed as a high-income economy by the World Bank. In 2017 it ranked 16th in the world in terms of gross national income (PPP) per capita and 10th in nominal GNI per capita. Denmark's economy stands out as one of the most free in the Index of Economic Freedom and the Economic Freedom of the World. It is the 10th most competitive economy in the world, and 6th in Europe, according to the World Economic Forum in its Global Competitiveness Report 2018. With a GDP of about 370 billion dollars and a per capita income of 52.100 dollars, the country currently ranks as the 9th richest country in Europe.
8. Germany – GDP Per Capita - $52.626
Germany is not only one of the richest countries in the world, it is also one of the most powerful countries in the world. Located in central-western part of Europe with a population of about 83 million people, Germany is also one of the most developed country in the world. Germany has a social market economy with a highly skilled labour force, a large capital stock, a low level of corruption, and a high level of innovation. It is the world's third largest exporter of goods, and has the largest national economy in Europe which is also the world's fourth largest by nominal GDP and the fifth one by PPP.
The service sector contributes approximately 71% of the total GDP (including information technology), industry 28%, and agriculture 1%. The unemployment rate published by Eurostat amounts to 4.7% in January 2015, which is the lowest rate of all 27 EU member states. With 7.1% Germany
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