Romania among EU states with lowest actual individual consumption in 2015

Newsroom 16/06/2016 | 11:28

Romania ranked among EU member states where actual individual consumption (AIC) was lowest in 2015, Eurostat informs.

According to first preliminary estimates by Eurostat, with just over 40 percent below the EU average, Romania was ranked among the six EU member states where AIC per capita was more than 30 percent below the EU average. The other member states are Estonia, Latvia, Hungary, Croatia and Bulgaria. The AIC per capita, expressed in Purchasing Power Standards (PPS), ranged between 51 and 137 percent of the EU average across member states.

Last year a total of ten EU member states recorded AIC per capita above the EU average, with the highest level being recorded in Luxembourg (37 percent above EU average), Germany (roughly 25 percent above average), and Denmark, Austria, the United Kingdom, Finland, Belgium, France, Sweden and the Netherlands, with between 10 and 20 percent above the EU average.

In the remaining twelve EU member states AIC was between the EU average and 30 percent below. Namely, in Ireland, Italy and Cyprus AIC levels were 10 percent or less below the EU average, and in Greece, Lithuania, Portugal, Spain and Malta were between 10 and 20 percent below. Four countries, namely Poland, Slovakia, the Czech Republic and Slovenia recorded between 20 and 30 percent below the average.

In 2015 Romania also ranked among the EU member states where the Gross Domestic Product (GDP) was lowest. Across the EU, GDP varied by nearly one to six.

In 2015, GDP per capita, expressed in Purchasing Power Standards (PPS), varied from 46 percent of the EU average in Bulgaria, 57 percent of EU average in Romania, 58 percent of the EU average in Croatia up to 271 percent in Luxembourg and 125 percent of the EU average in Germany.

Georgeta Gheorghe

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