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Monday, June 13, 2005
Business in Romania blog
Last year, Gross Domestic Product (GDP) per capital in Romania was 32 per cent of the average level registered in the EU member states, whereas Bulgaria’s was 30 per cent, according to Eurostat.

The highest level per capital, calculated according to the parity of purchasing standards, was registered in Luxembourg where this indicator had a value that was double as against the EU average.

From among the EU countries, Ireland had 40 per cent over the average, and 20 per cent over the average GDP was registered in Denmark, Austria, Holland, UK and Belgium.

Sweden and Finland registered values by 15 per cent higher, while France and Germany outperformed by 10 per cent as against the European average level.

A slightly higher GDP than the EU average was registered last year by Italy as well (+ 5 per cent). V

alues over average were registered in the three non - EU members - Norway (+53 per cent), Switzerland (+3o per cent) and Iceland (+ 16 per cent).

On the other side, Spain was right below the European average, followed by Greece, Cyprus and Slovenia, where this indicator had values by 20 per cent lower.

In Portugal, Malta and Czech Republic, this GDP per inhabitant was by 30 per cent below the average level, while Hungary was by 40 per cent below the average EU level.

According to Eurostat, GDP was half of the European average in the new members states, such as Slovakia, Estonia, Lithuania and Poland.

The lowest level per inhabitant among the EU member states was registered in Latvia, where this indicator was by 55 per cent below the average.

From among the countries whose accession is in progress, the highest value was registered in Croatia, 46 per cent of the EU average, followed by Romania (32 per cent), Bulgaria (30 per cent) and Turkey (29 per cent).

The Euro zone countries had last year a GDP per inhabitant that was by 7 per cent over the EU average level. (M.H.)

Posted by Iulia Rasoiu : 6/13/2005 01:38:00 pm GDP per capital in Romania - 32 pc of the EU average
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