Eurostat: GDP per capita in EU ranges from 48% to 267% of EU average
Following the latest figures on GDP in EU countries last week, Eurostat, the European statistics office, has released more pertinent statistics on Gross Domestic Product (GDP) and Actual Individual Consumption (AIC) differences between EU Member States. According to Eurostat, the GDP per capita in 2016, expressed in Purchasing Power Standards (PPS), ranged between 48% of the EU average in Bulgaria to 267% in Luxembourg, a ratio of almost one to six. Actual Individual Consumption, a measure of material welfare of households, also showed a broad range of between 53% in Bulgaria to 132% in Luxembourg.
Eleven Member States recorded a level of GDP per capita above the EU average in 2016, and ten Member States a level of AIC above the EU average. Austria comes third with regard to AIC per capita (122%) after Luxembourg and Germany, and fourth with regard to GDP per capita (126%), after Luxembourg, Ireland and the Netherlands.
For more information:TOP