Inequalities in Household Material Well-Being in the EU
December 22, 2024
The material well-being of households in the European Union shows significant inequalities, according to a Eurostat report. Cyprus ranks among the countries with a high level of actual individual consumption, reaching 100% of the European average. In contrast, countries like Hungary and Bulgaria record levels below 70%. The average GDP per capita varies significantly among member states, with Luxembourg having the highest rate.