Albanias 2011 GDP per capita at 30% of EU average Eurostat.

By bne IntelliNews December 14, 2012
Albanias GDP per capita, measured in purchasing power standards, was estimated at 30% of the EU 27average in 2011, Eurostat data showed. The ratio improved by 3pps from the 2010 level. However, Albania, together with Bosnia and Herzegovina still had the lowest GDP per capita in Europe, when compared to the EU average. GDP per capita in the poorest EU member state Bulgaria was at 46% of the average. In terms of Actual Individual Consumption (AIC) per capita, Albania was at 34% of the EU-27 average in 2011, 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
2009 2010 2011 2009 2010 2011
Albania 28 27 30 32 30 34
Bosnia and Herzegovina 31 30 30 37 36 36
Macedonia 36 36 35 41 40 40
Montenegro 41 42 42 50 52 53
Croatia 62 59 61 58 57 59
Serbia 36 35 35 44 44 43
Bulgaria 44 44 46 43 43 45
Turkey 46 50 52 50 54 57
Source: Eurostat
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Albania calls tender for supervision of sewerage project.

Albania has called a tender to select a company to supervise the construction and supplies for a sewerage system and waste water treatment plant in Velipoja area, the European Commission informed ... more

Albania's govt approves changes in concession agreement for Devoll project.

The Albanian government has approved changes in the concessionary agreement for the Devoll Hydropower cascade, which formally enables Austrian EVN to exit from the project, the cabinets press ... more

Albanian parliament panel endorses EUR 12.7mn EBRD loan for dam safety project.

The economy and finance committee of Albanias Parliament has approved a EUR 12.7mn loan from the European Bank for Reconstruction and Development (EBRD) to be used to fund a project for upgrading ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    7 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    8 days ago
  4. Don't mention the "D" word - Ukraine
    5 days ago
  5. UBN: The US Needs to Wake Up
    6 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    25 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    30 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    28 days ago
  5. Saudi Arabia to scale back plans for Neom city
    15 days ago

Reports

Dismiss