Saturday, July 25, 2015

What is Euro Zone ?

The eurozone, officially called the euro area is a monetary union of 19 of the 28 European union (EU)
 member states which have adopted the euro (€) as their common currency and sole legal tender. The other nine members of the European Union continue to use their own national currencies.

Member states


StateAdoptedPopulation
(thousand, 2012)
Nominal GNI
nominal (million USD, 2012)
Relative GNI
of total (nominal)
GNI per capita
nominal (USD, 2012)
Pre-Euro currencyExceptionsISO code
 Austria1999-01-01[15]8,430404,2793.18%47,031SchillingAT
 Belgium1999-01-01[15]11,128498,7673.93%44,820FrancBE
 Cyprus2008-01-01[16]1,12922,7990.18%26,110PoundNorthern Cyprus[a]CY
 Estonia2011-01-01[17]1,32921,6840.17%16,310KroonEE
 Finland1999-01-01[15]5,414252,2621.99%40,838MarkkaFI
 France1999-01-01[15]65,6972,749,09821.64%41,850Franc New Caledonia[b]
 French Polynesia[b]
 Wallis and Futuna[b]
FR
 Germany1999-01-01[15]80,4263,632,83228.60%45,170MarkDE
 Greece2001-01-01[18]11,093263,0292.07%23,710DrachmaGR
 Ireland1999-01-01[15]4,587179,3901.41%48,787PoundIE
 Italy1999-01-01[15]59,5402,067,21416.27%34,720LiraFlag of Campione d'Italia.svg Campione d'Italia[c]IT
 Latvia2014-01-01[19]2,03428,5980.23%14,060LatsLV
 Lithuania2015-01-01[20]2,94444,0600.35%14,900LitasLT
 Luxembourg1999-01-01[15]53138,1250.30%93,174FrancLU
 Malta2008-01-01[21]4198,2740.07%19,730LiraMT
 Netherlands1999-01-01[15]16,755806,1086.35%48,110Guilder Aruba[d]
Curaçao Curaçao[e]
Sint Maarten Sint Maarten[e]
Netherlands Caribbean Netherlands[f]
NL
 Portugal1999-01-01[15]10,515217,5211.71%20,690EscudoPT
 Slovakia2009-01-01[22]5,40893,0320.73%17,200KorunaSK
 Slovenia2007-01-01[23]2,05746,9650.37%22,830TolarSI
 Spain1999-01-01[15]46,7611,371,85610.80%33,711PesetaES
European Union Eurozone333,25312,701,834100%38,115

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