According to data released by Eurostat, the actual individual consumption per capita (AIC) in Greece totaled 82 percent of the EU average in 2013, while the country’s average per capita GDP totaled 75 percent of EU average.
In a report, the EU executive’s statistics office said that actual Individual Consumption is a measure of material welfare of households. Based on first preliminary estimates for 2013, AIC per capita expressed in Purchasing Power Standards (PPS) varied from 49% to 138% of the EU28 average across the Member States.
The highest level of Actual Individual Consumption per capita in the EU28 was recorded in Luxembourg with a level of almost 40% above the EU28 average. Germany was 25% above the average and Austria, Sweden, Denmark, Belgium, Finland, France and the United Kingdom recorded levels between 10% and 20% above the average, while the Netherlands was just 10% below the EU average.
In Ireland, Italy, Cyprus and Spain, the levels were up to 10% below the EU28 average, while Malta and Greece were between 10% and 20% below. Lithuania, Slovenia, Portugal, Poland, Slovakia and the Czech Republic were between 20% and 30% below the average, while Latvia, Estonia, Hungary and Croatia were between 30% and 40%, while Romania and Bulgaria were around 50% below the average.
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