Trademagazin > News and articles > Market News > We are still not closer to the EU average after seven years
We are still not closer to the EU average after seven years
According to preliminary datas of the European Union's statistical office in Hungary last year, the per capita GDP was the 63 percentn of the EU average.
his also means that Hungary – in one of the most important indicator of development – since 2003, was unable to approach the EU average living standards (The indicator’s value in the case of Hungary was 63.2 in 2003). In the ranking, reflecting on the living standard of the European countries, Luxembourg is the first with 268 percent, followed by Ireland and the Netherlands.
Related news
More related news >
Related news
Sharp price competition and challenges in the Hungarian food industry
Serious price competition has developed on the Hungarian food market,…
Read more >Hungarian customers want a stress-free Christmas: they shop online in advance and spend over HUF 100,000 on gifts
Hungarians plan to spend more than HUF 100,000 on Christmas…
Read more >The rise in food prices has fallen, and no significant increase in prices is expected until the end of the year
In the past two years, consumers in Hungary experienced a…
Read more >