Institution

European Economic Area

1994 · 20th century · Also known as EEA

The European Economic Area is an agreement that came into force in 1994, extending the European Union's single market to member states of the European Free Trade Association. Iceland, Norway and, from 1995, Liechtenstein take part, adopting most EU single-market law without full membership. It allows small states such as Iceland and Liechtenstein to trade freely with the EU while staying outside it.

European Economic Area
Image: Rob984 · CC BY-SA 4.0 · Wikimedia Commons

Mentioned in 2 profiles

Principality of LiechtensteinDeclineSwiss ConfederationDecline

Mentioned in 2 state histories

Principality of LiechtensteinRepublic of Iceland

See also

Cite this entry
APA
The Epoch Institute. (2026). European Economic Area. In The Epoch Institute Encyclopedia. https://the-epoch-institute.org/encyclopedia/european-economic-area
MLA
“European Economic Area.” The Epoch Institute Encyclopedia, The Epoch Institute, 2026, https://the-epoch-institute.org/encyclopedia/european-economic-area. Accessed .
Chicago
The Epoch Institute. “European Economic Area.” The Epoch Institute Encyclopedia. 2026. https://the-epoch-institute.org/encyclopedia/european-economic-area.
Harvard
The Epoch Institute (2026) ‘European Economic Area’, The Epoch Institute Encyclopedia. Available at: https://the-epoch-institute.org/encyclopedia/european-economic-area (Accessed: ).

Last reviewed October 2026Random entry ↻