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GDP per capita in the EU: huge disparities

Jun 24, 2013 | News

(24 June 2013) – Based on first estimates for 2012, Gross Domestic Product (GDP) per capita expressed in Purchasing Power Standards (PPS) varied from 47% to 271% of the EU27 average across the Member States.

The highest level of GDP per capita in the EU27 was recorded in Luxembourg with a level of more han two and a half times the EU27 average. Austria, Ireland, the Netherlands and Sweden were around 30% above the average. Denmark, Germany, Belgium and Finland were between 15% and 25% above the average, while the United Kingdom and France were around 10% above.

In Italy and Spain, GDP per capita was just below the EU27 average. Cyprus was around 10% below the average, while Malta, Slovenia, the Czech Republic, Slovakia, Greece and Portugal were between nearly 15% and 25% lower. Lithuania, Estonia, Poland, Hungary and Latvia were between 30% and 40% lower than the average, while Romania and Bulgaria were more than 50% below the average.

An alternative welfare indicator, better adapted to reflect the situation of households, is Actual individual Consumption (AIC) per capita. Generally, levels of AIC per capita are more homogeneous than those of GDP but still there are substantial differences between the Member States. In 2012, AIC per capita expressed in PPS ranged between 48% of the EU average in Romania to 141% in Luxembourg.

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