Large variations in household material welfare in 2024

Large variations in household material welfare in 2024

In 2024, actual individual consumption (AIC) per capita expressed in purchasing power standard (PPS) varied from 72% to 141% of the EU average across the 27 EU countries.

This information comes from recently published data on purchasing power parities (PPPs). This article presents some of the findings from the more detailed account in the Statistics Explained article on consumption and GDP per capita.

Actual individual consumption per capita, 2024, in purchasing power standards. Map. See link tot he full dataset below.

Source dataset: prc_ppp_ind

In 2024, 9 EU countries recorded an AIC per capita above the EU average. The highest levels were recorded in Luxembourg (41% above the EU average), the Netherlands (20%) and Germany (18%).
Meanwhile, 18 EU countries recorded an AIC per capita below the EU average, with the lowest levels recorded in Hungary (28% below the EU average), Bulgaria and Estonia (26%).

Greater differences in GDP per capita than in actual individual consumption

Gross domestic product (GDP) per capita, a measure of economic activity, also showed substantial differences across the EU members. 10 EU countries recorded GDP per capita above the EU average. The highest GDP per capita was recorded in Luxembourg (242% of the EU average), Ireland (211%) and the Netherlands (136%). At the other end of the range, the lowest GDP per capita was recorded in Bulgaria (66% of the EU average), Greece (70%) and Latvia (71%).

Volume indices of gross domestic product and actual individual consumption per capita, 2024., in purchasing power standard. Chart. See link tot he full dataset below.

Source dataset: prc_ppp_ind

Source: Eurostat, https://ec.europa.eu/eurostat/product?code=ddn-20250618-1