Press Release 28/08/2019
In the ranking of EU-28 countries by their GDP per capita (PPP) the Basque Country occupies eighth place
It achieves a value 21% higher the EU-28 average in 2017
The GDP per capita of the Basque Country rose to 121, measured in Purchasing Power Parity (PPP) in 2017, meaning that only seven countries of the EU-28 exceeded it, according to the Structural Indicators data “The Basque Country in the EU-28” by EUSTAT. It should be taken into account that the value 100 is used as a reference for all the EU-28 countries. Spain attained the value of 92 in the ranking.
The GDP per capita (PPP) of the Basque Country saw an upward trend in the period 2013-2017. It reached a value of 117 in 2013; 119 in 2014 and 2015; 120 in 2016; until standing at 121 in 2017.
Purchasing Power Parity (PPP) is an economic indicator that allows the comparison between different countries, taking into account the Gross Domestic Product per capita in terms of the living costs in each country.
In the ranking, in 2017, the GDP per capita (PPP) of the Basque Country was only exceeded by seven EU-28 countries: Luxembourg (253), Ireland (184), Austria and The Netherlands (128 each), Denmark (125), Germany (123) and Sweden (122).
Following these were the Basque Country (121), then Belgium (117), Finland (109), the United Kingdom (105), France (104), Italy and Malta (96), Spain (92) and the rest of the countries of the EU-28.
At the bottom of the ranking of GDP per capita (PPP) in 2017 were Greece and Latvia (67 each), Romania (63), Croatia (61) and Bulgaria (49).
For further information:
Eustat - Euskal Estatistika Erakundea / Basque Statistics Institute
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Press Service: servicioprensa@eustat.es Tel: 945 01 75 62