Purchasing power in Poland and Europe. The latest GfK study
According to the latest GfK survey measuring purchasing power, Poland was ranked 29th out of 42 European countries. We were followed by Hungary (30) and Romania (31). The Czech Republic is ahead of Poland (22).
“The GfK list clearly shows how large differences exist in terms of purchasing power among the countries of the Old Continent. In 2022, Liechtenstein, Switzerland and Luxembourg were in the first places – as in the previous year. Kosovo, Moldova and Ukraine came at the bottom of the list. “- we read in the report.
The study showed that in 2022, Europeans have an amount of around EUR 11.1 trillion to spend. They can issue it, among others for food, housing, services, energy, insurance, holidays, communication, etc.
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This corresponds to an average purchasing power per capita of EUR 16,344 (PLN 76,810, at the euro exchange rate on November 2 this year. PLN 4.7), which means a nominal increase of 5.8%. compared to the previous year. This increase however, it does not take inflation into account. For the vast majority of countries, the real purchasing power was lower than a year ago.
According to the study purchasing power in Poland amounted to EUR 9,254 (PLN 43,490). It was pointed out that this result was on average EUR 500 better than in the case of Hungary and EUR 1,200 higher than in Romania. In the Czech Republic, the average purchasing power was EUR 12,970 (PLN 60,960).
– The average purchasing power per capita of our country thus corresponds to the value of 56%. European average. It is worth remembering that a few or a dozen years ago, the distance that separated us from the richest countries in Europe was much greater. During this time, Poland has significantly caught up, but a lot Strong disproportions broken down by regions remain a challenge in our country – explains Client Business Partner at GfK Agnieszka Szlaska-Bąk.
The study also showed that currently only 82 out of 380 poviats in Poland have a purchasing power exceeding the national average. Warsaw is at the top, with an average per capita amount of EUR 14,900 (PLN 70,030).. Sopot and Wrocław were next, followed by Katowice and Poznań.
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