Ranked: Europe’s Top Economies in 2026 by Projected GDP
Description
Ranked: Europe’s Top Economies in 2026 by Projected GDP
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Key Takeaways
- Germany will lead Europe’s top economies in 2026 with $5.3 trillion (€4.6 trillion) GDP.
- Western Europe continues to be the region’s largest economic bloc, generating about 40% of Europe’s projected $31 trillion (€27T) output in 2026.
After two years of sluggish activity, Europe’s economic engine is forecast to regain traction.
The International Monetary Fund’s (IMF) latest World Economic Outlook projects that the region’s combined output will reach $31.4 trillion (€27.0 trillion) in 2026, with the biggest gains concentrated in Western Europe.
Data for this visualization comes from the IMF’s World Economic Outlook database. It ranks every European country by projected nominal GDP in current U.S. dollars and euros.
Regions are assigned by the UN Geoscheme.
Germany Leads Europe’s Largest Economies
Germany is expected to reclaim momentum, adding almost $400 billion to its economy between 2024 and 2026.
At $5.3 trillion, it will account for roughly 17% of all European GDP.
| Rank | European Country | ISO Code | 2026 GDP (billions USD) | Readable Label (USD) | Readable Label (EUR) |
|---|---|---|---|---|---|
| 1 |  Germany | DEU | $5,328 | $5.3T | €4.6T |
| 2 |  UK | GBR | $4,226 | $4.2T | €3.6T |
| 3 |  France | FRA | $3,559 | $3.6T | €3.1T |
| 4 |  Italy | ITA | $2,702 | $2.7T | €2.3T |
| 5 |  Russia | RUS | $2,509 | $2.5T | €2.2T |
| 6 |  Spain | ESP | $2,042 | $2.0T | €1.8T |
| 7 |  Netherlands | NLD | $1,413 | $1.4T | €1.2T |
| 8 |  Poland | POL | $1,110 | $1.1T | €955B |
| 9 |  Switzerland | CHE | $1,075 | $1.1T | €924B |
| 10 |  Belgium | BEL | $761 | $761B | €655B |
| 11 |  Ireland | IRL | $750 | $750B | €645B |
| 12 |  Sweden | SWE | $712 | $712B | €612B |
| 13 |  Austria | AUT | $604 | $604B | €520B |
| 14 |  Norway | NOR | $548 | $548B | €471B |
| 15 |  Denmark | DNK | $500 | $500B | €430B |
| 16 |  Romania | ROU | $445 | $445B | €383B |
| 17 |  Czechia | CZE | $417 | $417B | €359B |
| 18 |  Portugal | PRT | $365 | $365B | €313B |
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