Member States
In 1998 eleven member states of the European Union had met the convergence criteria, and the Eurozone came into existence with the official launch of the euro (alongside national currencies) on 1 January 1999. Greece qualified in 2000 and was admitted on 1 January 2001 before physical notes and coins were introduced on 1 January 2002 replacing all national currencies. Between 2007 and 2011, five new states acceded.
| State | Adopted | Adoption rank |
Population |
Nominal GDP |
Relative GDP |
GDP per capita |
Exceptions |
|---|---|---|---|---|---|---|---|
| Austria | 1999-01-01 | 1 | 70068404252000000008,404,252 | 7005384908000000000384,908 | 3.09% | 700445799000000000045,799 | |
| Belgium | 1999-01-01 | 1 | 700710918405000000010,918,405 | 7005468522000000000468,522 | 3.76% | 700442911000000000042,911 | |
| Cyprus | 2008-01-01 | 14 | 7005804435000000000804,435 | 700424910000000000024,910 | 0.20% | 700430966000000000030,966 | |
| Estonia | 2011-01-01 | 17 | 70061340194000000001,340,194 | 700419120000000000019,120 | 0.15% | 700414267000000000014,267 | |
| Finland | 1999-01-01 | 1 | 70065375276000000005,375,276 | 7005237512000000000237,512 | 1.91% | 700444186000000000044,186 | |
| France | 1999-01-01 | 1 | 700765075373000000065,075,373 | 70062649390000000002,649,390 | 21.26% | 700440713000000000040,713 | |
| Germany | 1999-01-01 | 1 | 700781751602000000081,751,602 | 70063330032000000003,330,032 | 26.73% | 700440734000000000040,734 | |
| Greece | 2001-01-01 | 12 | 700711325897000000011,325,897 | 7005329924000000000329,924 | 2.65% | 700429130000000000029,130 | |
| Ireland | 1999-01-01 | 1 | 70064480858000000004,480,858 | 7005227193000000000227,193 | 1.82% | 700450703000000000050,703 | |
| Italy | 1999-01-01 | 1 | 700760626442000000060,626,442 | 70062112780000000002,112,780 | 16.96% | 700434849000000000034,849 | |
| Luxembourg | 1999-01-01 | 1 | 7005511840000000000511,840 | 700452449000000000052,449 | 0.42% | 7005102471000000000102,471 | |
| Malta | 2008-01-01 | 14 | 7005417617000000000417,617 | 70037449000000000007,449 | 0.06% | 700417837000000000017,837 | |
| Netherlands | 1999-01-01 | 1 | 700716655799000000016,655,799 | 7005792128000000000792,128 | 6.36% | 700447559000000000047,559 | |
| Portugal | 1999-01-01 | 1 | 700710636979000000010,636,979 | 7005227676000000000227,676 | 1.83% | 700421404000000000021,404 | |
| Slovakia | 2009-01-01 | 16 | 70065435273000000005,435,273 | 700487642000000000087,642 | 0.70% | 700416125000000000016,125 | |
| Slovenia | 2007-01-01 | 13 | 70062050189000000002,050,189 | 700448477000000000048,477 | 0.39% | 700423645000000000023,645 | |
| Spain | 1999-01-01 | 1 | 700747190493000000047,190,493 | 70061460250000000001,460,250 | 11.72% | 700430944000000000030,944 | |
| Eurozone | 7008331963357000000331,963,357 | 700712460362000000012,460,362 | 100% | 700437535000000000037,535 | |||
Read more about this topic: Eurozone
Famous quotes containing the words member and/or states:
“I declare Billy. I like you so much personally I wish I could vote for you. But bein’ a member of the Grand Army of the Republic, I just as leave cut my throat as to vote for a Democrat.”
—Laurence Stallings (1894–1968)
“On September 16, 1985, when the Commerce Department announced that the United States had become a debtor nation, the American Empire died.”
—Gore Vidal (b. 1925)