Based on first preliminary estimates for 2011, Gross Domestic Product (GDP) per capita expressed in Purchasing Power Standards2 (PPS) varied from 45% to 274% of the EU27 average across the Member States. Malta’s GDP is 83% - that is 17% lower than EU27 average.
Eurostat said on Wednesday morning that 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. The Netherlands were 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.
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 (AIC) per capita in the Member States ranged from 44% to 150% of the EU27 average. Malta’s was 83% 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 2011, AIC per capita expressed in PPS ranged between 44% of the EU average in Bulgaria to 150% in Luxembourg.