Purchasing power parities and gross domestic product per capita in purchasing power standards, European countries, 2021–2023

Actual individual consumption per capita in Slovenia the same as in Portugal

Actual individual consumption per capita in purchasing power standards in Slovenia in 2023 was 15% lower than the EU-27 average. The gross domestic product per capita in purchasing power standards was at 92% of the EU-27 average, which is the highest value achieved for this indicator so far.

  • 18 December 2024 at 10:30
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Nowcast published for 36 European countries

Eurostat published data on actual individual consumption (AIC) per capita and gross domestic product (GDP) per capita, expressed in purchasing power standards (PPS) for 2021–2023 and for 36 European countries.

AIC per capita in PPS slightly down, to 85% of the EU-27 average

Last year, Slovenia’s AIC per capita in PPS, which reflects the material well-being of households better than GDP per capita by considering goods and services actually consumed by individuals, was at 85% of the EU-27 average, 1 percentage point lower than a year earlier.

Among 36 European countries the highest AIC per capita in PPS was recorded in Luxembourg (36% above the EU-27 average), followed by Norway (24% above), and the Netherlands (19% above). The lowest AIC per capita was recorded in Albania (59% below the EU-27 average), followed by Bosnia and Herzegovina (58% below), and North Macedonia (51% below). Portugal reached the same value as Slovenia, with 85% of the EU-27 average.

The highest value of Slovenian GDP per capita in PPS was reached last year

The indicator GDP per capita in PPS, used as a measure of the country’s economic development, shows a similar position of countries regarding GDP per capita in PPS as well as AIC per capita in PPS; however, the differences between countries are much bigger in the case of GDP per capita in PPS. Regarding this indicator, first place among 36 European countries in 2023 belonged to Luxembourg (137% above the EU-27 average), followed by Ireland (113% above), Norway (71% above) and Switzerland (54% above).

The countries with the lowest GDP per capita in PPS were Albania, and Bosnia and Herzegovina (both 64% below the EU-27 average), followed by North Macedonia (59% below).

Slovenian GDP per capita in PPS amounted to 92% of the EU-27 average, which was 3 percentage points higher than in 2022. Since 2015, the value was increasing for five consecutive years, in 2020 and 2021 amounted to 88%, and then again started increasing until 2023, when it reached the highest level so far.

Close to Slovenia in terms of GDP per capita in PPS were Spain (9% below the EU-27 average) and Czechia (10% below the EU-27 average).

The table with the latest data is available in the SiStat Database.



Actual individual consumption and Gross domestic product per capita in purchasing power standards, volume indices, European countries (EU-27=100)
CountryActual individual consumption
per capita
in purchasing power standards
Gross domestic product
per capita
in purchasing power standards
202120222023202120222023
European union (EU-27)100100100100100100
EU-27 Member States
Luxembourg139135136260252237
Netherlands117120119132134133
Germany122121119120118116
Austria117117114121123120
Belgium113113113117119118
Denmark122110108134135125
Sweden112109106121115114
France1071051061019899
Finland109105105109107105
Italy9698100969898
Cyprus9497100949897
Ireland919499226238213
Spain878991858891
Malta858590109105107
Lithuania939188888887
Romania828386727478
Slovenia848685888992
Portugal838585747781
Poland868583797877
Czechia868281928990
Greece767880646769
Slovakia767777747174
Croatia747476707276
Estonia787875858480
Latvia737374716970
Bulgaria676970606264
Hungary697070757777
EFTA Member states
Norway126125124171214171
Iceland122120119122132135
Switzerland118117116156159154
Candidate countries for EU
Turkey667684606872
Montenegro586164464951
Serbia525355454649
North Macedonia514949434241
Bosnia and Herzegovina404042333436
Albania363941313436
Source: Eurostat data, licensed under CC BY 4.0
METHODOLOGICAL NOTE
Additional explanations are available in the methodological explanations.

The survey is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the European Commission. Neither the European Union nor the granting authority can be held responsible for them.
When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.