What region in Europe is the richest?

The richest region in Europe is Luxembourg, a small landlocked country in Western Europe. It has the highest GDP per capita in the world, estimated to be around $120,000 in 2022, according to the World Bank. The country's wealth is primarily driven by its strong financial sector, particularly private banking, and its steel industry. Luxembourg also has a high level of foreign direct investment, attracted by its favorable tax regime and business-friendly environment. Additionally, the country's strategic location and excellent infrastructure have contributed to its economic prosperity.