Netherlands ranks second richest country in Europe

Netherlands ranks second richest country in Europe

Dutch people remain among the richest in Europe, despite the country currently struggling through a recession.

European statistics office Eurostat outlined figures that show the Netherlands had the second highest GDP per capita in the EU in 2010.

Luxembourg comes first considering spending power in the EU, with the Netherlands coming second. Economically challenged Ireland is third. Eurostat said the Dutch spending power was found to be at 133 per cent if the EU average is set at 100 per cent. Luxembourg achieved 271 per cent, Ireland reached 128 per cent. Denmark’s purchasing power was just one percentage point lower than the one of Ireland in 2010.

just as in 2009, in 2010 the Netherlands had the second highest level of prosperity in the EU.

Dutch gross domestic product (GDP) per capita was more than 33 percent higher than the average in the EU. Bulgaria had the lowest level of prosperity. As a result of the economic crisis, the relative level of prosperity in Greece, Italy and Spain deteriorated by most. Per capita GDP in Greece was 10 percent below the EU average. In 2009 it was still only 6 percent below average.

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