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
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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%.