Regional GDP in terms of purchasing power standards
18 May '06
2 min read
In 2003, GDP per inhabitant1, expressed in terms of purchasing power standards2, in the EU25's 254 NUTS-23 regions ranged from 33 percent of the EU25 average in the region of Lubelskie in Poland, to 278 percent of the average in Inner London in the United Kingdom.
This information is taken from data released by Eurostat, the Statistical Office of the European Communities.
The three leading regions in the ranking of regional GDP per inhabitant in 2003 were Inner London in the United Kingdom (278 percent of the average), Bruxelles-Capitale in Belgium (238 percent) and the Grand Duchy of Luxembourg (234 percent).
Among the 37 regions exceeding the 125 percent level, seven were in Germany, six each in Italy and the United Kingdom, five in the Netherlands, three in Austria, two each in Belgium and Finland, one region each in the Czech Republic, Spain, France, Ireland and Sweden, and the Grand Duchy of Luxembourg. The only region in this group amongst the new Member States was Praha in the Czech Republic (138 percent).
It should be noted, however, that in some regions the GDP per inhabitant figures can be significantly influenced by commuter flows. Net commuter inflows in these regions push up production to a level that could not be achieved by the resident active population on its own. The result is that GDP per inhabitant can be overestimated in these regions and underestimated in regions with commuter outflows.
The six lowest regionsin the ranking were all in Poland: Lubelskie and Podkarpackie (both 33 percent of the average), Podlaskie (36 percent), Swietokrzyskie, Warminsko-Mazurskie and Opolskie (all 37 percent).
Among the 60 regions below the 75 percent level, sixteen were in Poland, seven in the Czech Republic, six in Hungary, five each in Greece and Italy, four each in Germany, France (all overseas departments) and Portugal, three in Slovakia, two regions in Spain, and Estonia, Latvia, Lithuania and Malta. The lowest ranked region amongst the old Member States was Norte in Portugal (57 percent).