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The standard of living of citizens in Croatia in the pandemic year 2020 was approximately one third lower than the average in the European Union and worse only in Bulgaria, according to a report published today by Eurostat.
Eurostat measures the standard with current individual consumption per capita, which shows how many goods and services individuals have consumed, whether they have paid for them themselves or the costs have been borne by states or non-governmental organizations.
Current individual consumption per capita is expressed in purchasing power standards, an artificial currency that eliminates price differences between countries. In 2020, the highest standard, expressed in current individual consumption per capita, was recorded in Luxembourg, 45 percent higher than the European Union average, according to the latest Eurostat estimate.
It is followed by Germany and Denmark, where it was 24 and 22 percent higher than the average, and close are the Netherlands and Austria, where it was 17 and 16 percent above the European average. Closer to the average in terms of current individual consumption per capita in 2020 were Cyprus, Italy and Lithuania, where the standard was about four percent lower than the average at Union level. In Ireland it was 10 percent below, and in France just above average.
Together with Bulgaria, Croatia recorded the lowest current individual consumption per capita, measured by purchasing power parity, among EU countries, 32 per cent lower than the EU average, more or less in line with June Eurostat assessment. In 2019, it was 34 percent lower, according to a Eurostat report.
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