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Luxembourg richest in EU in 2012, Croatia's GDP per capita markedly below average

Autor: mses
ZAGREB, Dec 15 (Hina) - Luxembourg was the wealthiest country in the European Union in 2012, Bulgaria and Romania were at the bottom of the rankings, while Croatia fared slightly better than those two eastern European countries, according to figures released by the European statistical office Eurostat.

"In 2012, the Gross Domestic Product (GDP) per capita in Luxembourg, expressed in purchasing power standards (PPS), was more than two and a half times the EU28 average," Eurostat reported this past Thursday.

Romania and Bulgaria were around 50% below the average and Croatia, with 39% below the EU28 average, found itself in a group with Poland, Hungary, Latvia, with GDP per capita, expressed in purchasing power standards, being between 30% and 40% below the average.

Austria, Ireland, the Netherlands, Sweden, Denmark, Germany and Belgium were between 20% and 30% above the average, while Finland was 15% above the average.

France, the United Kingdom and Italy were between the average and 10% above.

Spain and Cyprus were between the EU28 average and 10% below, while Malta, Slovenia and the Czech Republic were between 10% and 20% below.

Slovakia, Portugal, Greece, Lithuania and Estonia were between 20% and 30% below the average and were followed by Poland, Hungary, Latvia and Croatia, with between 30% and 40% below the average.

Measured by actual individual consumption (AIC) per capita in member-states, the wealth of Luxembourg was also the highest, nearly 40% above the EU28 average, and Bulgaria and Romania were again the last two countries with around 50% below.

Croatia's level of AIC per capita is 40% below the EU28 average.

(Hina) ms

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