While GDP per capita is mainly an indicator reflecting the level of economic activity, Actual Individual Consumption (AIC) per capita is an alternative indicator better adapted to describe the material welfare situation of households.

GDP and AIC per capita in PPS, EU27 = 100

+-------------------------------------------------+
                 GDP per capita    AIC per capita
                 2009 2010 2011    2009 2010 2011
+-------------------------------------------------+
EU27             100   100  100     100  100  100
Euro area (EA17) 109   108  108     107  107  107
+-------------------------------------------------+
Luxembourg       255   267  271     144  141  140
Netherlands      132   131  131     118  114  113
Ireland          130   129  129     103  103  101
Austria          125   127  129     116  118  119
Sweden           120   124  127     116  114  116
Denmark          123   128  125     116  116  113
Germany          115   119  121     115  117  120
Belgium          118   119  119     109  111  111
Finland          114   113  114     110  111  112
United Kingdom   111   111  109     121  120  118
France           109   108  108     113  113  113
Italy            104   101  100     103  102  101
Spain            103    99   98      96   95   94
Cyprus           100    97   94     102   99   98
Malta             83    85   85      85   83   84
Slovenia          87    84   84      81   80   81
Czech Republic    83    80   80      73   71   71
Greece            94    87   79     104   97   91
Portugal          80    80   77      83   84   81
Slovakia          73    73   73      72   71   70
Estonia           63    63   67      58   56   58
Lithuania*        55    57   66      63   61   70
Hungary           65    65   66      62   60   61
Poland            61    63   64      64   67   69
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Latvia            54    54   58      52   53   57
Romania           47    47   49      46   46   47
Bulgaria          44    44   46      43   43   45
+-------------------------------------------------+
Norway           177   181  186     134  136  135
Switzerland      150   154  157     128  129  130
Iceland          120   112  111     111  106  107
Croatia           62    59   61      58   57   59
Turkey            46    50   52      51   54   57
Montenegro        41    42   42      50   52   53
FYR Macedonia     36    36   35      41   40   40
Serbia            36    35   35      44   44   43
Albania**         28    27   30      32   30   34
BosniaHerzegovina 31    30   30      37   36   36
+-------------------------------------------------+

Source: Eurostat newsrelease 180/2012, December 2012 (http://epp.eurostat.ec.europa.eu)

* 2011 population figures adjusted on the basis of the 2011 Census. Therefore the per capita indices for 2011 are not entirely comparable with previous years due to this break in time series.

** Figures for all years based on Eurostat estimate of GDP

The euro area (EA17) consists of Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

Source: Eurostat
Click on image to enlarge

The collapse of production during April-2008--April-2009 period (left figure) corresponds to a significant rise in unemployment (right figure), however in April 2009, when production was at the lowest level, unemployment rate was approx 9% while currently is is approx 12%.