News | GfK study

Back

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

SEND
 PRINT 

Post a comment

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



(will not be published)

* obligatory fields


Latest news

Leroy Merlin opens store in Madrid

Leroy Merlin has opened a new store in Raimundo Fernández Villaverde Street in Madrid. The urban-format proximity-format was implemented. The store View news...

Byggmax expands in great strides

During the second quarter, the implementation of the strategic plan continued at a high pace, reports Byggmax. This year the company opened at total View news...

HIL Limited to acquire Parador

The Indian building materials manufacturer HIL Limited, a subsidiary of the CK Birla Group, is to acquire Parador from its previous majority owner, View news...

EDIN joins EDRA/GHIN

EDRA, the European DIY Retail Association, and GHIN, the Global Home Improvement Network have today announced the joining of EDIN, the European 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

Ironside

Ironside

IRONSIDE: mutualize your private brand

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.

Gallery