Spanish Income Per Capita is the EU average
December 16th, 2011
The per capita wealth of the Spanish fell again in 2010 as a result of the economic crisis but is at the same level as the EU average, according to data released on Tuesday by the EU statistics office, Eurostat.
The gross domestic product (GDP) per capita in Spain fell from 103% of the European Union average in 2009 to 100% in 2010, one point less than the previous June estimate. Since the beginning of the crisis in 2007, Spanish income per capita (which stood at 105%) has accumulated a fall of five points over the EU average.
Luxembourg was once again the country with the greatest wealth per capita, exceeding by two and a half times the average of the EU and the eurozone, having increased its GDP per capita from 266 points up to 271 points. The Netherlands followed (with 133 points), then came Ireland (128 points), Denmark (127 points) and Austria (126 points).
Europa Press reported that above Spain, who ranks 13th out of 27 for per capita wealth, are Sweden (123 points), Belgium (119 points), Germany (118 points), Finland (115 points), United Kingdom (112 points), France (108 points) and Italy (101 points), who overtook Spain in GDP per capita in 2009.
The poorest countries of the EU are Bulgaria (with 44% of the wealth per capita average of the EU), Romania (46%), Latvia (51%), Lithuania (57%), Poland (63%), Estonia (64%), Hungary (65%) and Slovakia (74%). These countries are followed by the Czech Republic and Portugal (each with 80% of the EU average GDP per capita), Malta (83%), Slovenia (85%), Greece (90%) and Cyprus (99%).
Compared with 2009, the EU country which has lost most wealth per capita is Greece, which dropped from 94 points to 90 points in 2010, followed by Italy and Spain, where the GDP per capita fell three points. By contrast, the country in which the wealth per capita increased most was Luxembourg (five points), followed by Denmark and Sweden (four points).
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