Croatia’s living standards improve in 2021, but remain lower than EU average

NEWS 21.06.2022 14:23
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Source: N1

Croatia's material welfare of households, measured by Actual individual consumption (AIC), increased in 2021, although it still lagged behind the EU average by 30%, the European Union's statistical office reported on Tuesday.

In 2021, AIC per capita expressed in purchasing power standards (PPS) varied from 63% to 146% of the EU average across the 27 member countries.

Croatia’s material welfare of households was at about 70% of the EU average, and the country reduced the gap by six percentage points compared to 2020.

Nine members above EU average, five record AIC per capita 25% or more below EU

In 2021, nine Member States recorded AIC per capita above the EU average.

Luxembourg (46%) was the only Member State that recorded AIC per capita of 25% or more above the EU average.

In Denmark, Germany, Netherlands, Belgium, Austria, Sweden, Finland, and France, the levels were 10% or more above the EU average.

AIC per capita between EU average and 25% below in 13 countries

In thirteen Member States, AIC per capita was between the EU average and 25% below.

In this category, there were significant differences across the Member States: in Italy, Lithuania, Cyprus and Ireland, the levels were 10% or less below the EU average, while Slovenia, Spain, Czechia, Poland, Portugal, Malta, and Romania were between 11% and 20% below. Estonia and Greece were 21% and 23% below the EU average, respectively.

Five Member States recorded AIC per capita of 25% or more below the EU average. Croatia, Latvia, Hungary, and Slovakia were between 27% and 30% below, while Bulgaria recorded AIC per capita of 37% below the EU average.

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