Europe, covers about 10,180,000 km2, or 2% of the Earth's surface , making it the second smallest continent .Europe had a total population of about 746 million in 2018.
As a continent, the economy of Europe is currently the largest on Earth and it is the richest region as measured by assets under management with over $32.7 trillion compared to North America's $27.1 trillion in 2008.
There is huge disparity between many European countries in terms of their income. The richest in terms of nominal GDP is Monaco with its US$185,829 per capita (2018) and the poorest is Ukraine with its US$3,659 per capita (2019). Monaco is the richest country in terms of GDP per capita in the world according to the World Bank report. As a whole, Europe's GDP per capita is US$21,767 according to a 2016 International Monetary Fund assessment.