GDP-PPP makes for a better comparison of living standards, because PPP takes into account cost of living and inflation rates, rather than just exchange rates, which may distort the real differences in income. Source IMF Based on IMF data for per capita GDP, adjusted for purchasing power parity (PPP). US Coronavirus : 13,563,731 cases and 268,482 deaths. The European Union took note of the declaration of independence, left to the Member States to decide on the recognition and asked the Commission to enhance the cooperation with Kosovo. Retrieved from Wikimedia Commons. The open border allows the free flow of goods and people. Values are expressed in current international dollars, to the nearest whole These countries share a common currency called the Euro. It was created after World War II as a way to ensure peace between European nations. Eligibility Requirements. Political Map of Europe showing the European countries. Eurostat: The agency within the European Union charged with providing statistical information for the continent, as well as to ensure that member countries are using acceptable methods to … EU candidate countries. There are five EU candidate countries. This criterion is known as the Copenhagen Criteria.According to the EU website, new members are only admitted when they comply with all of the EU’s rules and standards, have the consent of the EU institutions and members states, and have the support of their citizens. Source: International Monetary Fund World Economic Outlook (October-2019) Date: 24 Feb 2020: Top Statistics Coronavirus : 63,719,213 cases and 1,482,084 deaths. Andorra - EU structure does not work well with micro-states. Color-coded map of Europe with European Union member countries, non-member countries, and EU candidates, with international borders, the national capitals, and major cities. Albania - Working on it. Waiting in line. Available . List of European Union countries by GDP. 2. We examined the latest, 2017, budget to find out how much each of the EU countries contributed and received from the EU. Formed in 1958 the European Union is an economic and political union between 28 member countries. The Stabilization and Association Agreement between EU and Kosovo has been initiated in July 2014 and entered into force in April 2016. Ssolbergj – Wikimedia Commons (2020). Has a special sort of pseudo EU status. These are countries that are already in the process of incorporating EU legislation into national law. However, during the transition period EU law continues to apply. The UK is a net contributor to the EU budget. Candidate countries must meet certain conditions to be part of the European Union. Countries by GDP Growth 2020. 1. Turkey; Montenegro; Macedonia; Serbia; Albania Avaliable . These are the outsiders looking in at the 28 member EU Club. Member States of the European Union (polar stereographic projection). It eliminates all border controls between members. You are free to use above map for educational purposes (fair use), please refer to the Nations Online Project. The 27 member countries of the EU. Europa.eu – Official website of the European Union (2020). The decision about whether to permit Turkish citizens to live and work within member countries of the EU is left to the individual member nations. Those who reside in EU countries are also granted EU passports, which allow for easy travel between nations. In 2019 Germany's contributions to the budget of the European Union was 25.82 billion Euros, the highest of any EU member state. 3. From 31 January 2020 the UK is no longer an EU/EEA member state. The European Union is a unified trade and monetary body of 27 member countries. Parity ( PPP ) the Stabilization and Association Agreement between EU and Kosovo has been initiated in 2014. 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