SME Chamber

GDP per capita in the Member States 2012


Based on first preliminary
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 than 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 (at 86%), 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.

These figures for GDP per
capita, expressed in PPS, are published by Eurostat, the statistical office of
the European Union. They cover the 27 EU Member States, three EFTA countries,
one acceding state, four candidate countries and two potential candidate
countries.

Actual Individual Consumption per capita in the Member States
ranged from 48% to 141% of the EU27 average

While GDP per capita is
often used as an indicator of countries' level of welfare, it is not the only
such indicator. 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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