Basically, Romanians have a purchasing power of half compared to the European average, our country being on the 31st place out of the 42 states included in the ranking.
According to the study, the inhabitants of Bucharest have a purchasing power of almost 86% above the national average, but with 8% below the European average. On the other hand, in Vaslui County the net disposable income represents approximately 56% of the national average and below 28% of the European average.
In the European rankings, Liechtenstein, Switzerland and Luxembourg have the highest average net disposable income. At the other end of the spectrum are Kosovo, Moldova and Ukraine, which have the lowest average purchasing power values.
The first three places in the top are occupied by the same states as last year.
Liechtenstein is in first place with an average purchasing power per capita of 64,629 euros in 2021. It is followed by Switzerland, 40,739 euros per capita, and Luxembourg, with a purchasing power of 35,096 euros per capita. inhabitant.
16 of the 42 states included in the study have a purchasing power above the European average.
The lowest purchasing power is that of the inhabitants of Ukraine – 1,892 euros per capita.
In 2021, purchasing power at European level recorded a nominal increase of 1.9%.
“Purchasing power does not grow in the same way in every European country: while the United Kingdom climbs two places in the purchasing power rankings, also due to a stronger pound, neighboring Ireland slips down with three places in the top. And there have been some changes within the countries – such as in France, where the gap in purchasing power is widening, “said Filip Vojtech, an expert in the field of GfK geomarketing solutions.
Purchasing power is the income remaining after deducting taxes and contributions and covers expenses such as food, transportation, utilities, services, energy or holidays. The calculations are made taking into account reported earnings and earnings, government benefit statistics and economic forecasts.
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