Economic Variation
Below is a table showing, respectively, the GDP and the GDP (PPP) per capita for the European Union and for each of its 27 member states, sorted by GDP (PPP). This can be used as a rough gauge to the relative standards of living among member states, with Luxembourg the highest and Bulgaria the lowest. Eurostat, based in Luxembourg, is the Official Statistical Office of the European Communities releasing yearly GDP figures for the member states as well as the EU as a whole, which are regularly updated, supporting this way a measure of wealth and a base for the European Union's budgetary and economic policies. Figures are stated in euro.
| Member states | GDP 2011 |
Population |
GDP (PPP) per capita 2011 |
GDP (Nominal) per capita 2011 |
GDP (PPP) per capita 2011 |
Eurozone |
|---|---|---|---|---|---|---|
| European Union | 12,629,458 | 501 | 25,200 | 25,200 | 100.0% | |
| Germany | 2,770,800 | 81.4 | 30,300 | 31,700 | 120% | yes |
| France | 2,190,000 | 63.3 | 27,000 | 30,600 | 107% | yes |
| United Kingdom | 1,737,089 | 62.6 | 27,300 | 27,700 | 108% | no |
| Italy | 1,580,220 | 61.5 | 25,300 | 26,000 | 101% | yes |
| Spain | 1,073,383 | 46.0 | 24,900 | 23,100 | 99% | yes |
| Netherlands | 602,105 | 16.6 | 32,900 | 36,100 | 131% | yes |
| Sweden | 387,059 | 9.3 | 31,700 | 41,000 | 126% | no |
| Poland | 370,013 | 38.2 | 16,300 | 9,300(2010) | 65% | no |
| Belgium | 368,304 | 10.8 | 29,800 | 33,700 | 118% | yes |
| Austria | 301,308 | 8.4 | 32,200 | 35,700 | 129% | yes |
| Denmark | 239,776 | 5.5 | 31,400 | 43,000 | 125% | no |
| Greece | 215,088(p) | 11.3 | 20,700(p) | 19,000 | 82% | yes |
| Finland | 191,571 | 5.3 | 28,900 | 35,200 | 116% | yes |
| Portugal | 171,016 | 10.6 | 19,400 | 16,000 | 77% | yes |
| Ireland | 156,438 | 4.4 | 31,900 | 34,900(2010) | 127% | yes |
| Czech Republic | 154,913 | 10.5 | 20,000 | 14,700 | 80% | no |
| Romania | 136,480 | 21.5 | 12,300 | 5,800(2010) | 49% | no |
| Hungary | 100,778 | 10.0 | 16,500 | 10,100 | 66% | no |
| Slovakia | 69,058 | 5.4 | 18,400 | 12,700 | 73% | yes |
| Luxembourg | 42,822 | 0.5 | 68,900 | 82,700 | 274% | yes |
| Bulgaria | 38,483 | 7.6 | 11,300 | 4,800(2010) | 45% | no |
| Slovenia | 35,639 | 2.0 | 21,000 | 17,400 | 84% | yes |
| Lithuania | 30,705 | 3.2 | 15,500 | 9,500 | 62% | no |
| Latvia | 20,050 | 2.2 | 14,600 | 9,800 | 58% | no |
| Cyprus | 17,761 | 0.8 | 23,000 | 20,600 | 92% | yes |
| Estonia | 15,973 | 1.3 | 16,800 | 11,900 | 67% | yes |
| Malta | 6,393 | 0.4 | 21,100 | 15,300 | 83% | yes |
| EU Candidates | GDP 2011 |
Population |
GDP (PPP) per capita 2011 |
GDP (Nominal) per capita 2011 |
GDP (PPP) per capita 2011 |
Eurozone |
|---|---|---|---|---|---|---|
| Iceland | 10,099 | 0.3 | 27,600 | 31,700 | 110% | no |
| Croatia | 45,867 | 4.5 | 15,300 | 10,400(p)(2010) | 61% | no |
| Turkey | 553,894 | 71.0 | 13,400 | 7,500 | 52% | no |
| Macedonia | 7,313 | 2.0 | 9,000 | 3,400(2010) | 36% | no |
| Montenegro | 0.6 | 10,800 | 43% | no | ||
| Serbia | 34,740 | 7.3 | 8,800 | 4,686 | 35% | no |
| Current EU applicants | GDP 2010 |
Population |
GDP (PPP) per capita 2011 |
GDP (Nominal) per capita 2009 |
GDP (PPP) per capita 2011 |
Eurozone |
|---|---|---|---|---|---|---|
| Albania | 8,975 | 3.2 | 7,800(e) | 2,803 | 31% | no |
| Bosnia & Herzegovina | 3.8 | 7,300 | 29% | no |
| EFTA members | GDP 2010 |
Population |
GDP (PPP) per capita 2011 |
GDP (Nominal) per capita 2011 |
GDP (PPP) per capita 2011 |
Eurozone |
|---|---|---|---|---|---|---|
| Norway | 311,855 | 4.6 | 47,500 | 70,500 | 189% | no |
| Switzerland | 398,878 | 7.7 | 39,500 | 60,800 | 151% | no |
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Read more about this topic: Economy Of The European Union
Famous quotes containing the word economic:
“We have heard all of our lives how, after the Civil War was over, the South went back to straighten itself out and make a living again. It was for many years a voiceless part of the government. The balance of power moved away from itto the north and the east. The problems of the north and the east became the big problem of the country and nobody paid much attention to the economic unbalance the South had left as its only choice.”
—Lyndon Baines Johnson (19081973)