The East of the West

Purchasing Power in Hungary: 66 % of the EU average

Yes, I know these figures do not have too much to do with everyday life, but it could be quite interesting to see them together.

The Eurostat – the statistical Office of the European Union – institute recently publishedthe GDP per capitafigures of the European countries based on the preliminary estimates for 2011.

(They cover the 27 EU Member States, three EFTA countries, one acceding state, four candidate countries and two potential candidate countries.)

The numbers give the GDP per capita, and they are expressed in Purchasing Power Standards (PPS).

As you can see, the European countries range a surprisingly large scale of welfare.

Hungary has 66 % of the average of the Member States.

GDP per capita in PPS in 2011, EU27 = 100
GDP per capita
EU27
100
Euro area (EA17)
108
Luxembourg
274
Netherlands
131
Austria
129
Ireland
127
Sweden
126
Denmark
125
Germany
120
Belgium
118
Finland
116
United Kingdom
108
France
107
Italy
101
Spain
99
Cyprus
92
Slovenia
84
Malta
83
Greece
82
Czech Republic
80
Portugal
77
Slovakia
73
Estonia
67
Hungary
66
Poland
65
Lithuania
62
Latvia
58
Romania
49
Bulgaria
45
Norway
189
Switzerland
151
Iceland
110
Croatia
61
Turkey
52
Montenegro
43
Former Yugoslav Rep. of Macedonia
36
Serbia
35
Albania
31
Bosnia and Herzegovina
29

Click here for more details and the methodological background of the calculations.