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21547
GDP per capita in Norway second highest in Europe
statistikk
2005-06-06T10:00:00.000Z
Prices and price indices
en
ppp, Comparison of price levels in Europe, gross domestic growth, volume index, personal consumption, price level adjusted GDP, price level index, EU countries, EEA countries, international comparisonsConsumer prices , Prices and price indices
false

Comparison of price levels in Europe, 2004

Content

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GDP per capita in Norway second highest in Europe

Norway retains its position as the country in Europe with the second highest price level adjusted GDP per capita in 2004. Luxembourg comes out on top in the comparison, while the results for the 10 new member states and the EU candidate countries are well below the average of the group.

GDP per capita for Norway is 53 per cent above the average of the 25 EU member countries (EU25), some 30 per cent above Sweden and Finland, and 25 per cent above Denmark. Portugal and Greece stand out with the lowest GDP per capita among the "old" EU member states (EU15). In the majority of the 10 new member states, the price level adjusted GDP per capita remains well below the EU25 average. In Poland and in the three Baltic countries, for example, the level is barely one third of Norway's.

Volume indices for GDP per
capita, price level adjusted.
Preliminary estimates 2004.
EU25=100
  GDP per capita,
price level adjusted
Luxembourg  223
Norway  153
Ireland  139
Switzerland  130
Austria  122
Denmark  122
Netherlands  120
Britain  119
Belgium  119
Sweden  116
Iceland  116
Finland  115
France  111
Germany  109
Italy  105
Spain 98
Greece 82
Cyprus 82
Slovenia 78
Portugal 73
Malta 72
Czech Republic 72
Hungary 61
Slovakia 52
Estonia 50
Lithuania 48
Poland 47
Croatia 46
Latvia 43
Romania 32
Bulgaria 30
Turkey 29
Source:  Eurostat.

The results show GDP per capita, converted by purchasing power parities. This ensures that differences in price levels among countries are taken into account. The estimates are based on preliminary National Accounts data for 2004 and extrapolations of the purchasing power parities calculated within the framework of the European Comparison Programme in 2003 .

Read Eurostat's press release .