Phnom Penh (FN), Feb. 24 – Germany, France, and Italy have long been the EU’s largest economies, driven by industrial strength, financial hubs, and manufacturing power.

Together, they account around 53% of the EU’s $19.4 trillion GDP, with Germany alone surpassing the combined output of the 20 smallest EU economies.

However, these top three economies saw stagnating or negative growth last year.

Spain and the Netherlands round out the top five, bringing their collective share to 68%. Meanwhile, Malta posted the highest GDP growth at 5% in 2024 but remains the EU’s smallest economy at just 0.1% of the total.

The UK, which joined the EU in 1973 and officially left in 2020, recorded a GDP of $4.4 trillion in 2024—placing it second only to Germany if it were still in the EU.

This article was originally published on Voronoiapp.
=FRESH NEWS