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 wish to speak a word for Nature, for absolute freedom and wildness, as contrasted with a freedom and culture merely civil,—to regard man as an inhabitant, or a part and parcel of Nature, rather than as a member of society. I wish to make an extreme statement, if so I may make an emphatic one, for there are enough champions of civilization: the minister and the school committee and every one of you will take care of that.”
—Henry David David (1817–1862)
“The city of Washington is in some respects self-contained, and it is easy there to forget what the rest of the United States is thinking about. I count it a fortunate circumstance that almost all the windows of the White House and its offices open upon unoccupied spaces that stretch to the banks of the Potomac ... and that as I sit there I can constantly forget Washington and remember the United States.”
—Woodrow Wilson (1856–1924)