News | GfK study


Purchasing power of Europeans climbs by 1.9 per cent in 2017

Europeans have a total of around EUR 9.4 trillion available to them in 2017 for spending on food, living expenses, services, energy costs, private retirement savings, insurance, holidays, mobility and other consumer purchases. This amounts to average purchasing power per capita of EUR 13,937, equivalent to growth of 1.9 per cent and a significant rise over the previous year. These figures emerge from the study "GfK Purchasing Power Europe 2017".

However, the amount at the disposal of consumers for their purchases varies considerably from one country to another. In Liechtenstein, which is way out in front of all other countries in the purchasing power rankings as in the previous year, the per-capita purchasing power is EUR 63,267, more than 4.5 times higher than the European average. Switzerland lies in second place with purchasing power of EUR 42,142 per head of population.

A total of 17 countries are above the European average, including Spain, which with EUR 14,080 per capita comes just above the average. On the other side of the coin, there are 25 countries in which the per-capita purchasing power is below the average. Propping up the table is Ukraine: in the country with the lowest purchasing power, the population has only EUR 949 per capita at its disposal, less than 7 per cent of the European average.

| 8 November 2017


Post a comment

* Please complete the areas marked in red correctly and in full!.

(will not be published)

* obligatory fields

Latest news

Byggmax restructures Skånska Byggvaror with the garden as the focus

Byggmax is taking action to shake up Skånska Byggvaror, its problematic subsidiary acquired in 2015. The primary aim is to streamline the product View news...

Kesko’s building and technical trade grew by one per cent in 2017

In its building and technical trade division, the Finnish Kesko Group achieved sales of 4.6092 bn euros last year. This equated to a nominal increase View news...

Global DIY Summit expected to break another record for delegate attendance

The number of delegates at this year's Global DIY Summit will rise again and break the previous record of 1020 participants at the summit in Berlin View news...

Hornbach puts logistics centre into operation near Vienna

Since 8 January 2018, the Hornbach DIY stores in Austria, Romania, the Czech Republic and Slovakia have been supplied with goods by the new View news...

Actual figures

Statistics Home Improvement Europe

Statistics Home Improvement
This brochure provides a competent overview of the situation in the Home Improvement sector in 31 European countries.

Order now!

5th Global DIY Summit 2017



Almost 80 years of proven experience

The 5th Global DIY Summit in Berlin was a first class networking event for the international home improvement industry. Here are the portraits of some of the most important companies that exhibited at the International Congress Exhibition.