Luxembourg

The European Union, with 28 member states and a population reaching over 500 million, may sound like the world's largest economy when viewed as a whole. In 2012, the EU's GDP was $16.6 trillion. But let's break things down and take a closer look at what makes up the European Union. In this article, I will talk about the smallest economies in the EU. The Smallest economies of the European Union: I decided to call an economy small if its Gross Domestic Product is less than $100 billion. In…