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Best known for: The first European to sail from Europe to India around Africa.The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin.
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The cookie is used to store the user consent for the cookies in the category "Other. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. By the Eurostat’s calculations, Spain’s GDP per capita in 2017 was €24,500 as opposed to €26,300 for Italy. Is Italy richer than Spain?įor 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). Italy is a large manufacturer (overall the second in EU behind Germany) and exporter of a significant variety of products including machinery, vehicles, pharmaceuticals, furniture, food, clothing, and robots. … Why is Italy so rich?įurthermore, the advanced country private wealth is one of the largest in the world. What is the richest country in Europe 2020? Is Germany richer than Italy?Īccording to the widely used statistics of Credit Suisse, the average German owns a median net debt-free asset of €35,310, while the average Italian has €91,889 in assets and the Spaniard even has €95,360. Per-capita income is more than $30,000 - about three-quarters of the level of Germany. GREECE is a relatively wealthy country, or so the numbers seem to show. Luxembourg Is Greece a poor or rich country?