Europe: GDP per Capita

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Moldova   €1,187
Ukraine   €2,830
Albania   €3,256
Bosnia & H.   €3,400
Macedonia   €3,574
Montenegro   €3,800
Belarus   €4,013
Bulgaria   €5,116
Serbia   €5,397
Turkey   €6,548
Romania   €7,352
Russia   €8,612
Lithuania   €10,472
Poland   €10,858
Croatia   €11,271
Latvia   €11,826
Hungary   €13,560
Estonia   €15,310
Malta   €16,049
Czech Rep.   €16,372
Portugal   €20,665
Slovenia   €22,079
Cyprus   €26,386
Spain   €31,471
Greece   €32,010
Italy   €35,386
Germany   €39,650
France   €40,782
Belgium   €41,606
Austria   €44,308
Finland   €44,912
UK   €45,301
Netherlands   €45,429
Sweden   €47,069
Switzerland   €56,711
Denmark   €57,035
Ireland   €58,883
Iceland   €62,976
Norway   €79,154
Luxembourg   €102,284

 

 

Europe: GDP per capita.

The gross domestic product (GDP) per capita is the national output, divided by the population, expressed in U.S dollars per person, for the latest year for which data is published. (see Data FAQs)

Source: IMF World Economic Outlook Database

 

European statistics. European house price and other economic statistics vary in quality. It is often a surprise to non-Europeans to discover that swathes of this rich, highly developed continent are not covered by good housing statistics.

Northern European countries have generally good house price time-series. In particular, all the Scandinavian countries generate excellent house price statistics. In the Baltics the situation is improving rapidly. Latvia generates an official annual house price time-series, and the realtor Latio publishes a monthly index. Lithuania has no official house price or rents time-series, but the firm Inreal publishes annual prices and rents for Vilnius for a few years. Estonia has high-quality housing statistics, generated by the Statistical Office of Estonia (SOE). Data on house prices, house sales and construction activities, as well as general economics statistics are all available from the SOE.

Central Europe is mixed. German house price statistics are weak. France has very good statistics, the Netherlands has good data, Belgium and Austria have acceptable data. Spain has made giant strides, Portugal is weaker.

Southern Europe tends to have weak statistical data. There is a particular lack of housing statistics in Italy, Greece, and Turkey (though Italy has some private, for-sale, data generators).

Statistics in Eastern Europe are weak. Efforts are being made to change this, for instance Bulgaria began publishing a house price time-series in 2006. Aside from this, the Czech Republic has an official index, and in Poland, REAS Konsulting produces a for-sale index.