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Bulgaria has the lowest purchasing power in the EU, Eurostat preliminary data shows

published on 3/26/24 1:40 PM

Bulgaria's GDP per capita, expressed in purchasing power standards (PPS), remains the lowest in the EU, according to preliminary data from Eurostat, the official European statistics agency.

In 2023, the purchasing power of European citizens ranges from 64% of the EU average (Bulgaria) to 240% in Luxembourg. Bulgarians' purchasing power has increased slightly since 2022, when PPS was 62%, and since 2021, when it was 57%.

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Radio Bulgaria Economy bulgaria eurostat gdp pps purchasing power

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Bulgaria has the lowest purchasing power in the EU, Eurostat preliminary data shows

More from category

Financial Supervision Commission: The assets of private pension funds have reached EUR 13 billion

Bulgarian economy registers upsurge, yet unevenly distributed over different regions

More than EUR 1 billion to be allocated for agriculture and the development of local economies