The lowest standard of living in the EU in 2020 was reported in Bulgaria (39 percent below the EU-27 average in 2020), followed by Croatia, where in 2020 it was one third (32 percent) more lower than the European Union average, according to a Eurostat report.
Bulgaria also has the lowest GDP per capita - 45% below the EU-27 average. Eurostat measures the standard according to the actual individual consumption per capita, which shows how many goods and services people have received, whether they have paid for them themselves or the costs are borne by countries or NGOs, according to the European Statistical Office. Actual individual consumption (SIP) per capita is expressed in purchasing power standards, an artificial currency that eliminates price differences between countries.
In 2020, the highest standard, expressed in real individual consumption per capita, was registered in Luxembourg, 45% higher than the European Union average, according to the latest Eurostat estimate.
They are followed by Germany and Denmark, where they are 24 and 22 percent higher than the average, respectively, and close to the Netherlands and Austria, where they are 17 and 16 percent above the European average. The closest to the average in terms of actual individual consumption per capita in 2020 were Cyprus, Italy and Lithuania, where the standard was about four percent lower than the EU average. It was 10 percent lower in Ireland and slightly above the French average.
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