ISSN 2284-7995, ISSN Online 2285-3952
 

COMPARATIVE ANALYSIS OF THE GDP OF EUROPEAN COUNTRIES IN THE PERIOD 2017-2022

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 23 ISSUE 3
Written by Ruxandra-Eugenia POP, Ancuta MARIN

The present paper presents a statistical analysis of the Gross Domestic Product/person, at the national level, in relation to the member countries of the European Union, using statistical data published by Eurostat, Naational Institute of Statistics (INSSE), FAOSTAT and the World Bank. Based on the data centralization, calculations were made to determine some absolute and relative statistical indicators, such as the absolute change, the dynamic index or the dynamic rate. The purpose of this paper is to analyze and observe GDP per inhabitant evolution, in the period 2017 - 2022, as well as the hierarchy of European member countries, according to this macroeconomic indicator. Going through the work, it can be observed that the order of each member state in different hierarchies based on the GDP level, nominal or real, differs, depending on the perspective from which the data is analyzed. Not always a country with a high level of GDP is characterized by a higher level of well-being of the population. Also, a country that has not yet reached economic maturity in terms of GDP level, may have advantages over the already mature European economic markets over a longer period of time.

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POP R.E., MARIN A. 2023, COMPARATIVE ANALYSIS OF THE GDP OF EUROPEAN COUNTRIES IN THE PERIOD 2017-2022 . Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 23 ISSUE 3, PRINT ISSN 2284-7995, 682-689.

The publisher is not responsible for the opinions published in the Volume. They represent the authors’ point of view.

© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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