Moldova officially called the Republic of Moldova is the poorest country in Europe with its GDP per capita of just $3,300.

What is the poorest in Europe?

1. Niger. A combination of a GNI per capita of $906, life expectancy of 60.4 years, and a mean 2 years of schooling (against an expected 5.4) lead to Niger topping the UNs human development report as the worlds poorest country.

Which are the poorest countries in European Union?

Households in the Netherlands had the second-highest amount in financial assets, at 1.58 million Danish krone, followed by Luxembourg (1.59 million Danish krone) and Sweden (1.51 Danish krone). Meanwhile, households in Romania were found to be the poorest in the EU, with just 80,000 Danish krone in financial assets.

What is the richest country in the Europe?

Luxembourg Luxembourg is the wealthiest country in the European Union, per capita, and its citizens enjoy a high standard of living. Luxembourg is a major center for large private banking, and its finance sector is the biggest contributor to its economy. The countrys main trading partners are Germany, France and Belgium.

How is Greece so poor?

The country is slowly paying back billions of dollars in debt due to chronic fiscal mismanagement. In the last decade, poverty in Greece has grown rampant. Incomes have crumbled over 30 percent and more than one-fifth of Greeks are unable to pay rent, electricity and bank loans.

Which country is richer Italy or Spain?

For the first time, Spain has overtaken Italy in terms of GDP per capita based on purchasing power parity (PPP), according to figures released on Thursday by the International Monetary Fund (IMF). By the Eurostats calculations, Spains GDP per capita in 2017 was €24,500 as opposed to €26,300 for Italy.