GDP Per Capita in Bulgaria Seen at 47% Below EU Average
Thursday, 01 January 1970
The gross domestic product (GDP) per capita in Bulgaria is calculated at 47% below the EU27 average, according to Eurostat figures.
Eurostat preliminary estimates for 2012 show that the GDP per capita expressed in purchasing power standards varied from 47% to 271% of the EU27 average across the member states.
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.
Austria, Ireland, the Netherlands and Sweden were around 30% above the average.
Denmark, Germany, Belgium and Finland were between 15% and 25% above the average, while the United Kingdom and France were around 10% above.
In Italy and Spain, GDP per capita was just below the EU27 average. Cyprus was around 10% below the average, while Malta, Slovenia, the Czech Republic, Slovakia, Greece and Portugal were between nearly 15% and 25% lower.
Lithuania, Estonia, Poland, Hungary and Latvia were between 30% and 40% lower than the average, while Romania and Bulgaria were more than 50% below the average.
Croatia, which is about to become a member state is already well ahead of Romania and Bulgaria, with GDP per capita at 61% the EU average.