Portugal’s GDP per capita behind East European countries in 2019

  • ECO News
  • 15 December 2020

Among the 19 countries in the Euro Zone, Portugal was ranked 16th last year in the indicator measuring Gross Domestic Product (GDP) per capita.

The Portuguese volume index of Gross Domestic Product (GDP) per capita, expressed in purchasing power parities (PPP), represented 79.2% of the EU average in 2019, 0.9 percentage points higher than in 2018, according to data from the National Statistics Institute (INE), released on Tuesday.

Among the 19 countries in the euro zone, Portugal was 16th last year, below Estonia (83.8), Lithuania (83.5) and ahead of Slovakia (68.2), Latvia (69.1) and Greece (66.5), according to INE.

Looking at all 37 countries included in this analysis, Luxembourg (260.1) is at the top of the list, over two-and-a-half times the EU27 average. It is still about five times larger than Bulgaria (53.0), which is the EU member state with the lowest figure. The lowest European country is Albania (30.7).

The actual Individual Consumption per capita, an indicator to evaluate households’ well-being, stood at 86.2% of the EU average in 2019, up 1.1 percentage points from the previous year.