Albanias 2010 GDP per capita at 28% of EU average Eurostat.

By bne IntelliNews December 14, 2011
Albanias GDP per capita, measured in purchasing power standards, was estimated at 28% of the average for the 27 EU member states in 2010, Eurostat data showed. The ratio remained unchanged from 2009 and only 2pps above the 2008 level. Albania still has the lowest GDP per capita in Europe, when compared to the EU-27 average. GDP per capita in the poorest EU member state Bulgaria was at 44% of the average. Among other Western Balkan countries, Montenegro reached the highest GDP per inhabitant at 41% of the EU average, followed Macedonia with 36%, Serbia with 35% and Bosnia and Herzegovina with 31%. In terms of Actual Individual Consumption (AIC) per capita, Albania was at 31% of the EU-27 average in 2010, which was again the lowest level in the sample. AIC is considered more accurate measure to compare households welfare, as it consists of goods and services purchased directly by households, as well as those provided by non-profit institutions and the government, such as healthcare and education.
GDP and AIC per capita in PPS (% of 27 EU average)
GDP per capita AIC per capita
2008 2009 2010 2008 2009 2010
Albania 26 28 28 29 31 31
Bosnia and Herzegovina 30 31 31 37 37 37
Macedonia 34 36 36 40 41 41
Montenegro 43 41 41 54 49 51
Croatia 64 64 61 60 58 56
Serbia 36 36 35 44 44 43
Bulgaria 44 44 44 45 43 42
Turkey 47 46 49 50 50 53
Source: Eurostat
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