Netherlands' GDP per capita ranks 4th in EU at over €53K in 2022

In 2022, Dutch GDP per capita was 3.5 per cent higher than in the previous year. In 2021, growth was still 4.3 per cent. This means that per capita GDP in the Netherlands has seen strong growth for two years in a row. In 2022, it was back above the level of 2019, the last pre-pandemic year, according to figures released by Statistics Netherlands (CBS) and Eurostat.

Last year, the Netherlands’ GDP per capita grew faster than the average across the EU. In addition, growth was stronger than for the country’s main EU trading partners—Germany, Belgium, and France. In both Belgium and France, per capita GDP rose by 2.2 per cent. Germany’s GDP per capita increased by 1.1 per cent.

After adjustment for price level differences between EU countries, Dutch GDP per capita stood at over €45,000 in 2022. With this correction, the Netherlands still ranks fourth within the EU. Luxembourg has the highest per capita GDP in the EU. In second place is Ireland, followed by Denmark and the Netherlands. At €12,000, Bulgaria’s GDP per capita is the lowest within the EU. This is over two and a half times lower than the EU average.

ALCHEMPro News Desk (NB)