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Luxembourg and Ireland Record Highest GDP Per Capita in the EU

The latest Eurostat research reveals striking disparities in economic activity among EU member states in 2023, measured by Gross Domestic Product (GDP) per capita.

According to the EU’s statistical agency, 11 countries recorded GDP per capita above the EU average. Luxembourg and Ireland led the pack, with Luxembourg boasting a GDP per capita 139% above the EU average and Ireland following closely at 111% above. The Netherlands also showed a strong performance with a GDP per capita 30% higher than the average.

Other countries with GDP per capita above the EU average included Denmark, Austria, Belgium, Germany, Sweden, Finland, Malta, and France.

Conversely, the lowest GDP per capita was recorded in Bulgaria, standing at 36% below the EU average, followed by Greece at 33% below, and Latvia at 29% below.

These findings highlight the economic diversity within the European Union, underscoring the varying levels of prosperity and economic development across its member states.

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