Luxembourg topped the EU in both household consumption and economic output per person in 2024, with new Eurostat data showing it far ahead of the bloc's average in actual individual consumption and GDP per capita.

Luxembourg recorded the highest level of actual individual consumption (AIC) and gross domestic product (GDP) per capita among all EU countries in 2024, according to newly released Eurostat data on purchasing power parities (PPPs). The Grand Duchy's AIC per capita – an indicator reflecting the material welfare of households – was 41% above the EU average, making it the highest in the bloc.

Only eight other EU countries registered AIC levels above the EU average, including the Netherlands (20% above) and Germany (18%).

In contrast to these top levels, 18 EU countries saw AIC levels below the average. Hungary had the lowest at 28% below, closely followed by Bulgaria and Estonia at 26% below average.

Even starker disparities emerged in GDP per capita, a key measure of overall economic output. Luxembourg led the EU with a GDP per capita at 242% of the EU average, followed by Ireland (211%) and the Netherlands (136%). At the lower end, Bulgaria, Greece, and Latvia recorded GDP per capita levels between 66% and 71% of the EU average.