GfK: Purchasing power in Romania, 60% below European average

Europeans have an average per capita purchasing power of EUR 13,894 in 2020, down by 5.3% compared to 2019 due to the COVID-19 pandemic’s economic impact, according to a study carried out by market research company GfK in 42 European countries, according to Romania-Insider.com.

Romania ranks 31st in Europe in terms of purchasing power, just below Hungary.

With an average per capita purchasing power of EUR 5,611, Romania is around 60% below the European average, according to GfK.

Inhabitants in Bucharest have an average purchasing power of EUR 10,173, 81% over the national average, while those in Vaslui county – the poorest in Romania – have a disposable net income of just EUR 3,374, or 60% of the national average. Thus, inhabitants in Bucharest have a disposable net income three times higher than those in Vaslui.

Liechtenstein, Switzerland and Luxembourg have the highest disposable net income, while Kosovo, Moldova and Ukraine have the lowest.

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