Bulgarian households had one of the lowest opportunities for consumption of goods and services within the European Union /EU/ in 2023, according to Eurostat data.
"Actual individual consumption" (AIC) in our country was 27% below the EU average (73% of the average European level).
AIC per capita, expressed in purchasing power standards (PPS), ranged from 70% to 138% of the EU average across the 27 EU countries. AIC includes all goods and services that households use, whether purchased and paid for directly by households, by the government, or by non-profit organizations. It can be seen as an indicator of material well-being.
In 2023, 10 countries have AIC per capita above the EU average. The highest levels were registered in Luxembourg (38% above the EU average), Austria and the Netherlands (in both countries - 17%).
At the same time, 17 countries report AIC per capita below the Union average. The lowest levels were registered in Hungary (30% below the EU average), Bulgaria (27%), Slovakia and Latvia (both 25%).
Luxembourg and Ireland have the highest GDP per capita. Above average values were registered in 11 countries. The indicator is highest in Luxembourg (139% above the EU average), Ireland (111%) and the Netherlands (30%). At the other end of the range, the lowest GDP per capita was recorded in Bulgaria (36% below the EU average), Greece (33%) and Latvia (29%). | BGNES
