Montenegro's GDP per capita at 41% of EU27 average in 2010 - Eurostat.

By bne IntelliNews December 16, 2011
The GDP per capita in Montenegro, expressed in purchasing power standards (PPS), stood at 41% of the EU27 average in 2010, Eurostat revised data showed. This is 1% higher that the preliminary results, released in June. The country has remained at the same level as the previous year and the welfare has deteriorated compared to 2008 when the GDP per capita was 43% of the EU27 average. Montenegro is richer than all of its neighbouring countries, except for Croatia, which had a GDP per capita at 61% of the EU27 average in 2010. The country is ahead of Bosnia and Herzegovina (GDP per capita is 31% of the EU27 average), Serbia (GDP per capita is 35% of the EU27 average), Albania (GDP per capita is 28% of the EU27 average). The Purchasing Power Standard (PPS) eliminates price level differences between countries and thus one PPS buys the same volume of goods and services in all countries. The figures for GDP per capita, expressed in PPS cover the 27 EU Member States, three EFTA countries, four candidate countries and three Western Balkan countries.

Montenegro's GDP per capita at 41% of EU27 average in 2010 - Eurostat.

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