The chart above shows the per capita annualized nominal gross domestic product (GDP) in each EU state as of the third quarter of 2019 in euros, the change from the previous quarter, and the GDP one year prior. The United Kingdom, Greece, and Bulgaria were the only states to see a drop in per capita GDP over the previous quarter.
Findings
- The difference between the state with the largest per capita GDP, Luxembourg, and the state with the smallest, Bulgaria, is €116,515.84 (up from €115,395.48 last quarter and up from €111,469.76 last year). Luxembourg and Bulgaria had the largest and smallest per capita GDP respectively both last quarter and last year.
- Luxembourg has 15.19 times the per capita GDP that Bulgaria does. The ratio of largest per capita GDP to smallest per capita GDP was up from 14.86 last quarter and down from 15.37 last year.
- The median per capita GDP in the 28 EU states is €26,578.54 (up from €26,427.94 last quarter and up from €25,443.82 last year) and the mean €33,542.43 (up from €33,292.93 the previous quarter and up from €32,210.91 last year).
- Twenty-five states saw their per capita GDP rise in current euros from the previous quarter while three states saw their per capita GDP drop.
- All 28 states saw their per capita GDP rise in current euros from last year.
Caveats
- GDP data is from the third quarter of 2019, the second quarter of 2019, and the third quarter of 2018.
- Census data is from 2011.
- The data is seasonally adjusted in current euros.
- The data is annualized by multiplying the quarterly figure by four.
- All figures are rounded to the nearest hundredth.
Details
In absolute terms, the United Kingdom saw the largest decrease over the previous quarter with a drop of €926.40. Ireland had the largest growth with a gain of €1,358.08. Year over year, Greece had the smallest increase with a gain of €204.64 while Luxembourg had the greatest increase with a gain of €5,499.36.
In relative terms, the United Kingdom had the largest decrease over the previous quarter with a 2.31% drop in per capita GDP while Romania had the greatest increase with a 2.75% rise in per capita GDP. Year over year, Greece and Italy had the smallest increase with a 1.23% rise in per capita GDP while Hungary had the largest growth with a 8.21% rise in per capita GDP.
The number of states with a per capita GDP of over €75,000 was one last year, two the previous quarter, and two this past quarter. Conversely, the number of states with a per capita GDP of less than €20,000 was 12 last year, ten the previous quarter, and nine this past quarter.
Not a single state overtook another in the past quarter. Year over year, Estonia (from 18th largest per capita GDP to 17th largest) rose one spot. Conversely, Czechia (from 17th to 18th) fell one spot.
Data
| State | Third Quarter 2018 | Second Quarter 2019 | Third Quarter 2019 |
|---|---|---|---|
| Austria | 46,256.56 | 47,408.08 | 47,705.76 |
| Belgium | 41,766.68 | 42,916.4 | 43,149.48 |
| Bulgaria | 7,757.36 | 8,324.44 | 8,210.64 |
| Croatia | 12,127.96 | 12,491.68 | 12,674.56 |
| Cyprus | 25,065.04 | 26,252.08 | 26,421.64 |
| Czechia | 19,878.08 | 20,860.52 | 21,106.88 |
| Denmark | 54,632.84 | 55,534.24 | 56,194.24 |
| Estonia | 19,693.76 | 20,930.76 | 21,150.68 |
| Finland | 43,789.36 | 44,971.08 | 45,532.92 |
| France | 36,319.44 | 37,149.28 | 37,360.92 |
| Germany | 41,748.88 | 42,720.12 | 42,859.12 |
| Greece | 16,692.64 | 16,932.04 | 16,897.28 |
| Hungary | 13,352.56 | 14,333.76 | 14,449.04 |
| Ireland | 71,898.52 | 75,306.96 | 76,665.04 |
| Italy | 29,680.6 | 29,943.12 | 30,045.72 |
| Latvia | 14,217.08 | 14,684.44 | 14,840.24 |
| Lithuania | 14,929.12 | 15,711.52 | 15,891.56 |
| Luxembourg | 119,227.12 | 123,719.92 | 124,726.48 |
| Malta | 30,416.24 | 31,668.32 | 32,148.32 |
| Netherlands | 46,742.72 | 48,401.6 | 48,934.96 |
| Poland | 13,055.84 | 13,782.44 | 13,914.4 |
| Portugal | 19,392.44 | 19,857.96 | 20,079.52 |
| Romania | 10,295.04 | 10,752.24 | 11,047.48 |
| Slovakia | 16,815.8 | 17,344.84 | 17,476.44 |
| Slovenia | 22,664.64 | 23,360.4 | 23,645.8 |
| Spain | 25,822.6 | 26,603.8 | 26,735.44 |
| Sweden | 49,268.08 | 50,147.12 | 50,157.08 |
| United Kingdom | 38,398.56 | 40,092.8 | 39,166.4 |
Sources
Eurostat. 2020. "GDP and Main Components." Accessed January 29, 2020. https://appsso.eurostat.ec.europa.eu/nui/show.do?query=BOOKMARK_DS-406779_QID_-583B1285_UID_-3F171EB0&layout=TIME,C,X,0;GEO,L,Y,0;UNIT,L,Z,0;S_ADJ,L,Z,1;NA_ITEM,L,Z,2;INDICATORS,C,Z,3;&zSelection=DS-406779UNIT,CP_MEUR;DS-406779INDICATORS,OBS_FLAG;DS-406779S_ADJ,SCA;DS-406779NA_ITEM,B1GQ;&rankName1=UNIT_1_2_-1_2&rankName2=INDICATORS_1_2_-1_2&rankName3=NA-ITEM_1_2_-1_2&rankName4=S-ADJ_1_2_-1_2&rankName5=TIME_1_0_0_0&rankName6=GEO_1_2_0_1&sortC=ASC_-1_FIRST&rStp=&cStp=&rDCh=&cDCh=&rDM=true&cDM=true&footnes=false&empty=false&wai=false&time_mode=NONE&time_most_recent=false&lang=EN&cfo=%23%23%23%2C%23%23%23.%23%23%23.
Eurostat. 2017. "Population on 1 January by Age Groups and Sex - Functional Urban Areas." Accessed December 11, 2017. http://appsso.eurostat.ec.europa.eu/nui/show.do?dataset=urb_lpop1&lang=en.