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Purchasing power parities and gross domestic product per capita in purchasing power standards, European countries, 2018 – nowcast

Actual individual consumption per capita in Slovenia in 2018 reached 77% of the EU-28 average.

Actual individual consumption per capita in purchasing power standards in Slovenia in 2018 was 23% lower than the EU-28 average. The Slovenian gross domestic product per capita in purchasing power standards in 2018 amounted to 87% of the EU-28 average.

  • 6/19/2019
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  • no status
Eurostat published the nowcast on actual individual consumption (AIC) per capita and gross domestic product (GDP) per capita, expressed in purchasing power standards (PPS) for 2018 and for 37 European countries. 

AIC per capita in PPS in Slovenia in 2018 23% lower than the EU-28 average

The material well-being of households is better reflected by AIC, which is made up of goods and services actually consumed by individuals, than by GDP per capita.

Among 37 European countries the highest AIC per capita in PPS was in 2018 recorded in Luxembourg (32% above the EU-28 average), followed by Norway (25% above), Switzerland (24% above), Germany and Iceland (each 21% above), and Austria (16% above the EU-28 average). 

The lowest AIC was recorded in Albania (62% below the EU-28 average), followed by North Macedonia, and Bosnia and Herzegovina (each 59% below).

In 2018, AIC per capita in PPS in Slovenia was at 77% of the EU-28 average, which is the same value as in 2017. Countries ranking close to Slovenia in terms of AIC per capita in PPS in 2018 were Poland, Slovakia (each 77% of the EU-28 average), and Greece (76% of the EU-28 average).

Slovenian GDP per capita in PPS in 2018 amounted to 87% of the EU-28 average which was 2 percentage points higher value than in the previous year

The indicator GDP per capita in PPS is used to measure a country’s economic development. The positions of countries regarding GDP per capita in PPS, and also regarding AIC per capita in PPS are similar; however, the differences between countries are much bigger in the case of GDP per capita in PPS.

According to this indicator, the first position among 37 European countries in 2018 belonged to Luxembourg (154% above the EU-28 average), followed by Ireland (87% above), Switzerland (57% above), Norway (50% above) and Iceland (33% above).

The countries with the lowest GDP per capita in PPS were Albania, and Bosnia and Herzegovina (each 69% below the EU-28 average).

Slovenian GDP per capita in PPS in 2018 amounted to 87% of the EU-28 average, which was 2 percentage points higher value than in the previous year. For the third consecutive year, GDP per capita in PPS keeps increasing in Slovenia.

Close to Slovenia in terms of GDP per capita in PPS in 2018 were Cyprus (87%) and Czechia (90% of the EU-28 average).

Actual individual consumption and Gross domestic product per capita in purchasing power standards, volume indices, European countries (EU-28=100), 2018
CountryActual individual consumption
per capita
Gross domestic product
per capita
European union (EU-28)100100
Euro area (EA-19)104106
EU-28
Luxembourg132254
Germany121123
Austria116127
Denmark114126
United Kingdom113104
Netherlands112129
Finland112110
Belgium111115
Sweden109121
France107104
Italy9895
Cyprus9487
Ireland94187
Spain9091
Lithuania9081
Czechia8390
Portugal8276
Malta8098
Poland7771
Slovenia7787
Slovakia7778
Greece7668
Estonia7481
Latvia7070
Romania7064
Hungary6470
Croatia6363
Bulgaria5650
EFTA Member states
Norway125150
Switzerland124157
Iceland121133
Candidate countries for EU
Turkey6865
Montenegro5747
Serbia4840
North Macedonia4138
Albania3831
Potential candidate country for EU
Bosnia and Herzegovina4131
Source: Eurostat (http://ec.europa.eu/eurostat, 19. 6. 2019)
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