Published: March 23 2023
Summary:
According to preliminary data from Eurostat, Romania's per-capita GDP has caught up to Hungary's, which nevertheless remains eighth from the bottom among EU member states. In 2022, Hungary's GDP per capita, using purchasing power parity to eliminate price differences between countries, was 77 per cent of the EU average, up from 75 per cent in 2021. Poland, on the other hand, was still not overtaken. Romanian GDP per capita has increased from 74.1 per cent of the EU average in 2021 to 77 per cent in 2022, surpassing Hungary's.
Key Points:
- Hungary's GDP per capita rose from 75% to 77% year over year, according to Eurostat
- Hungary has caught up to Portugal, but not Poland, who remained out of reach
- Romania's GDP per capita grew to 77%, overtaking Hungary
- Hungary ranks eighth from the bottom among EU member states
- Bulgaria, followed by Slovakia, Greece, Croatia and Hungary are the worst-performing countries in the region
Source article:
This summary was created using AI, so there may be some inaccuracies. Always check the original linked article to be sure.
