June 29, 2009, 10:10 CET

Study puts Hungary 22nd in EU for purchasing power

By Hungary Around the Clock

Hungary's GDP per capita expressed in levels of purchasing power was 62.9% of the average of the 27 EU members in 2008, putting the country in 22nd place, according to data released by Eurostat.

As regards the EU member-states, Luxembourg last year had the highest GDP per capita, of 252.8% of the mean average, while Bulgaria was bottom, with 40.1% of the average, the statistics organisation found.

TAGS: business trends consumer behavior ecostat european union

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Should re-run the survey after the 25% VAT takes affect along with the new real estate taxes.

Rolrox at June 29, 2009 2:49 PM

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June 29, 2009, 10:10 CET

Study puts Hungary 22nd in EU for purchasing power

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