Sharp differences in member state GDP per capita
Eurostat data | Wednesday 20 June 2012
Gross domestic product (GDP) per capita expressed in purchasing power standards (PPS
(1)) ranged from 45% to 274% of the EU27 average across member states, according to estimates published by Eurostat, on 20 June.
The highest level of GDP per capita in the EU27 was recorded in Luxembourg, at more than two and a half times the EU27 average. The Netherlands was just above 30% of the average, while Denmark, Sweden, Ireland and Austria were between 25% and 30% above. Finland, Belgium and Germany were between 15% and 20% above the average, while France and the United Kingdom were between 5% and 10% above. In Italy and Spain, GDP per capita was around the EU27 average.
Cyprus was around 10% below the EU27 average, while Slovenia, Malta, Greece, the Czech Republic and Portugal were between 15% and 25% lower, and Slovakia was around 25% below. Estonia, Hungary, Poland and Lithuania were between 30% and 40% lower than the average, while Latvia was around 40% below, Romania around 50% below and Bulgaria 55% below.
An alternative indicator of well-being is actual individual consumption (AIC
(2)) per capita. Its levels are more homogeneous than those of GDP per capita, but there are still substantial differences between member states. In 2011, AIC per capita expressed in PPS ranged between 44% of the EU average in Bulgaria and 150% in Luxembourg.
(1) One PPS buys the same volume of goods and services in all countries(2) Goods and services actually consumed by individuals