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Croatia on level with Hungary in terms of GDP per capita

Author: Vojo Micak

ZAGREB, 26 March (Hina) - In 2023, Luxembourg and Ireland had the highest levels of GDP per capita expressed in purchasing power standards, while Croatia was on a level with Hungary at 24% below the EU average, according to a flash estimate released by Eurostat on Tuesday.

Luxembourg's GDP per capita expressed in purchasing power standards was 140% above the EU average. It was followed by Ireland (+112%), the Netherlands (+30%), Denmark (+29%), Austria (+23%), Belgium and Sweden (both +17%).

Germany, the largest European economy, was 15% above the EU average. France and Italy were close to the EU average and slightly below the eurozone average, which was 4% higher than the EU average.

Slovenia, the Czech Republic and Spain were about 10% below the EU average, and Estonia, Poland and Romania were about 30% below.

In 2023, Croatia recorded an improvement from the previous year, with GDP per capita 24% below the EU average. In 2022, it was 27% below the EU average. 

Hungary was on a level with Croatia, ahead of Latvia (-29%), Greece (-33%) and Bulgaria (-36%).

(Hina) vm

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