Netherlands' GDP per capita ranks 4th in EU at over €53K in 2022

24 Apr '23

2 min read

Pic: Shutterstock/andriano.cz

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In 2022, the Netherlands ranked fourth in the EU for GDP per capita, with a value of over €53,000, which was 1.5 times higher than the EU average.
Dutch GDP per capita grew by 3.5 per cent compared to the previous year.
After adjustment for price level differences, Dutch GDP per capita stood at over €45,000 in 2022, still ranking fourth within the EU.

In 2022, Netherlands’ gross domestic product (GDP) per capita stood at over €53,000, putting the country in the fourth position within the European Union (EU). The Netherlands ranked fifth in 2021. Just as in the previous year, GDP per capita was one and a half times the EU average.

In 2022, Dutch GDP per capita was 3.5 per cent higher than in the previous year. In 2021, growth was still 4.3 per cent. This means that per capita GDP in the Netherlands has seen strong growth for two years in a row. In 2022, it was back above the level of 2019, the last pre-pandemic year, according to figures released by Statistics Netherlands (CBS) and Eurostat.

Last year, the Netherlands’ GDP per capita grew faster than the average across the EU. In addition, growth was stronger than for the country’s main EU trading partners—Germany, Belgium, and France. In both Belgium and France, per capita GDP rose by 2.2 per cent. Germany’s GDP per capita increased by 1.1 per cent.

After adjustment for price level differences between EU countries, Dutch GDP per capita stood at over €45,000 in 2022. With this correction, the Netherlands still ranks fourth within the EU. Luxembourg has the highest per capita GDP in the EU. In second place is Ireland, followed by Denmark and the Netherlands. At €12,000, Bulgaria’s GDP per capita is the lowest within the EU. This is over two and a half times lower than the EU average.

Fibre2Fashion News Desk (NB)

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