Consumption per Capita in Bulgaria Stands at Half EU Average - Eurostat

Politics » BULGARIA IN EU | June 15, 2016, Wednesday // 23:05
Bulgaria: Consumption per Capita in Bulgaria Stands at Half EU Average - Eurostat

Bulgaria had Actual Individual Consumption (AIC) per capita of around half of the European Union average last year, according to first preliminary estimates unveiled by Eurostat on Wednesday

AIC is a measure of material welfare of households expressed in Purchasing Power Standards (PPS).

AIC per capita varied by almost one to three across the EU member states, with the highest level in the bloc recorded in Luxembourg, 37% above the EU average of 100%.

Germany was nearly 25% above average, followed by Austria, the UK, Denmark, Finland, Belgium, France, the Netherlands and Sweden which all recorded levels between 10% and 20% above the EU average.

At the opposite end of the ranking were Hungary (62% of the EU average), Croatia and Romania (each with 58% of the EU average) and Bulgaria (51% of the EU average).  

Gross Domestic Product (GDP) per capita, a measure of economic activity, also showed substantial differences across the EU member states, varying by nearly one to six, Eurostat said in a statement.

GDP per capita expressed in PPS ranged between 46% of the EU average in Bulgaria to 271% in Luxembourg last year.

 

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Bulgaria in EU » Be a reporter: Write and send your article
Tags: Bulgaria, eurostat, gdp per capita, AIC per capita, consumption, economic activity

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria