Eurostat: Bulgaria had lowest level of GDP per capita in EU in 2023

Bulgaria had the lowest level of GDP per capita in the European Union in 2023, at 36 per cent below the EU average, behind Greece, Latvia and Slovakia, EU statistics agency Eurostat said on December 17.

Luxembourg recorded the highest level of GDP per capita in the EU in 2023, at 137 per cent above the EU average, followed by Ireland, the Netherlands, Denmark and Austria, Eurostat said.

Luxembourg had the highest price level among the EU countries, 51 per cent above the EU average.

However, the EFTA countries Switzerland and Iceland had higher price levels, at 84 per cent and 68 per cent above the EU average, respectively.

The EFTA country Norway and the EU countries Denmark, Ireland, Finland, Sweden and the Netherlands had price levels more than 20 per cent above the EU average.

Belgium, Austria, France and Germany were the other EU countries with price levels above the EU average.

Italy, Estonia, Cyprus, Malta and Spain had a price level less than 10 per cent below the EU average, followed by Slovenia, Portugal, Czechia, Greece and Slovakia at less than 20 per cent below the EU average.

Lithuania, Latvia and Croatia had a price level situated less than 30 per cent below the EU average, followed by Hungary and Poland with price levels less than 40 per cent below that average.

The candidate countries Serbia, Albania and Montenegro, followed by EU country Bulgaria, candidate country Bosnia and Herzegovina and EU countries Romania had price levels between 40 per cent and 50 per cent below the EU average.

The candidate countries North Macedonia and Türkiye had price levels at 51 per cent and 61 per cent below the EU average, respectively.

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