Income Per Capita Eurostat

The chart below reflects the average mean wage as reported by various data providers.

Income per capita eurostat. This is the map and list of european countries by monthly average wage annual divided by 12 months gross and net income after taxes average wages for full time employees in their local currency and in euros. Ppp takes into account the relative cost of living rather than using only exchange rates therefore providing a more accurate picture of the real differences in income. 2018 2019 change europe world europe world. Gdp per capita ppp in european union averaged 36286 74 usd from 1990 until 2019 reaching an all time high of.

The indicator is calculated as the ratio of real gdp to the average population of a specific year. All countries and economies. The gross domestic product per capita in european union was last recorded at 44369 60 us dollars in 2019 when adjusted by purchasing power parity ppp. Real gdp per capita.

It is equal to. Gdp gross domestic product primary income receivable by resident. The gross domestic product per capita in european union was last recorded at 37104 us dollars in 2019. Gdp measures the value of total final output of goods and services produced by an economy within a certain period of time.

Of rank ppp nom. Gdp per capita ppp current international gdp per capita current lcu gdp per capita ppp constant 2017 international inflation gdp deflator annual oil rents of gdp download. In this article the average wage is adjusted for living expenses purchasing power parity ppp the wage distribution is right skewed. Gdp per capita in european union averaged 23752 99 usd from 1960 until 2019 reaching an all time high of 37104 usd in 2019 and a record low of 10071 50 usd in 1960.

The average wage is a measure of total income after taxes divided by total number of employees employed. The majority of people earn less than the average wage for an alternative measure the median household income uses median instead of average. Gdp per capita ppp country economy gdp per capita int. Online tool for visualization and analysis.

167 2018 26 october 2018 second quarter of 2018 household real income per capita up in the euro area and in the eu28. Gross national income at market prices esa 2010 8 94 represents total primary income receivable by resident institutional units. The gdp per capita in european union when adjusted by purchasing power parity is equivalent to 250 percent of the world s average.