Luxembourg and Switzerland lead European countries in household and NPISH consumption expenditure per capita, with figures of 28.52k and 27.08k Euros in PPP respectively. High consumption levels are seen in affluent Western European countries such as the United Kingdom, Germany, and Austria. Conversely, countries like Serbia, Albania, and Macedonia report significantly lower per capita expenditure, reflecting varying economic conditions across the continent. Recent data shows stability, with nil variations from 2023. Over the past five years, trends have indicated steady growth, particularly in Central and Eastern Europe, with the rise of emerging markets in Poland and Romania.
Future trends to watch for include:
- Economic recovery in southern Europe may result in increased expenditure levels.
- Emerging markets in Eastern Europe could drive higher consumption due to economic reforms and investment influx.
- Potential impacts of inflation and cost of living crises on expenditure patterns across Europe.
Top countries in Household and NPISH Final Consumption Expenditure Per Capita by Country
| # | 10 Countries | Euros PPP Per Capita | Last Year | |
|---|---|---|---|---|
| 1 | 1 Luxembourg | 28,520 | 2023 | View data |
| 2 | 2 Switzerland | 27,080 | 2023 | View data |
| 3 | 3 United Kingdom | 22,380 | 2023 | View data |
| 4 | 4 Austria | 21,900 | 2023 | View data |
| 5 | 5 Norway | 21,540 | 2023 | View data |
| 6 | 6 Iceland | 21,220 | 2023 | View data |
| 7 | 7 Germany | 21,140 | 2023 | View data |
| 8 | 8 Belgium | 20,500 | 2023 | View data |
| 9 | 9 Denmark | 20,160 | 2023 | View data |
| 10 | 10 Cyprus | 19,630 | 2023 | View data |
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