> Montenegro Economy > Eurostat: 2014 Consumption per capita – Montenegro 49% EU average

Eurostat: 2014 Consumption per capita – Montenegro 49% EU average

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Actual Individual Consumption (AIC) is a measure of material welfare of households. Based on first preliminary estimates for 2014, AIC per capita expressed in Purchasing Power Standards (PPS) varied from 49% to 140% of the European Union (EU) average across the Member States. Ten Member States recorded AIC per capita above the EU average in 2014.
The highest level in the EU was recorded in Luxembourg, 40% above the EU average. Germany and Austria were more than 20% above. They were followed by Denmark, Belgium, Sweden, the United Kingdom, Finland, France and the Netherlands which all recorded levels between 10% and 15% above the EU average. AIC per capita for twelve Member States lay between the EU average and 30% below. In Italy, Ireland, Cyprus and Spain, the levels were 10% or less below the EU average, while Greece, Portugal and Lithuania were between 10% and 20% below. Malta, the Czech Republic, Poland, Slovenia and Slovakia were between 20% and 30% below the average.
Six Member States recorded AIC per capita more than 30% below the EU average. Estonia, Latvia and Hungary were between 30% and 40% below, while Croatia and Romania had AIC per capita between 40% and 45% below the EU average and Bulgaria was around 50% below. In addition, Montenegro‘s AIC per capita was 49%, and GDP per capita was 39% of EU average (based on ESA 95 methodology).
Aforementioned figures for Actual Individual Consumption per capita, expressed in PPS, are published by Eurostat. Eurostat’s newsrelease of the 2014 first estimates are enclosed below:

Source: Eurostat

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