Sage-Tips

Is France the richest country in Europe?

According to the EuCham ranking the richest European country is Luxembourg with USD 90,790 per capita. The richest countries following are Norway, Switzerland, Austria and Sweden….2014-10 Richest countries in Europe.

Rank	Country	PPP GDP per capita
10	Belgium	40,338
11	Iceland	39,996
12	Finland	38,251
13	France	36,907

What is the richest state in 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.

Is France considered a wealthy country?

The World Bank classifies France as a wealthy, high-income nation. The French economy is one of the world’s largest and is a mixture of private enterprise and government involvement. Tourism is a major contributor to the economy – France generally tops lists of most visited countries.

Which is the richest country in Europe 2020?

The 20 Richest Countries in Europe

• United Kingdom – $45,565 GDP per capita.
• Finland – $46,342 GDP per capita.
• Belgium – $48,258 GDP per capita.
• Denmark – $51,643 GDP per capit.
• Austria – $51,936 GDP per capita.
• Germany – $52,801 GDP per capita.
• Sweden – $53,077 GDP per capita.
• Iceland – $54,121 GDP per capita.

Why is France such a rich country?

France’s diversified economy is led by tourism, manufacturing, and pharmaceuticals. The government has partially or fully privatized many large companies but maintains a strong presence in such sectors as power, public transport, and defense.

How wealthy are the French?

2021 Forbes List

Ranking in France	Name	Net worth (USD)
1	Bernard Arnault	195.7 billion
2	Françoise Bettencourt Meyers	73.6 billion
3	François Pinault	42.3 billion
4	Alain Wertheimer	34.5 billion

What is France ranked in quality of life?

Quality of Life Index by Country 2021 Mid-Year

Rank	Country	Quality of Life Index
26	France	153.60
27	Qatar	151.48
28	Ireland	150.54
29	Belgium	148.18

Are taxes high in France?

France is also among the European countries which impose the heaviest tax burden on high earners. The top rate of income tax including surcharges is 51.5 percent for 2021, putting France in sixth place, behind Denmark, Greece, Belgium, Portugal and Sweden.