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CEOWORLD magazine - Latest - CEO Insider - The cheapest (and most expensive) countries in the European Union, 2017?

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The cheapest (and most expensive) countries in the European Union, 2017?

Denmark is the most expensive country in the European Union for consumer goods and services, while Bulgaria is the cheapest, according to new data published by Eurostat. The data, which covers prices for goods and services including education, food, housing, and healthcare, shows that Denmark was the most expensive nation in the bloc in 2017, with prices 41.2% above the EU average.

Luxembourg was the second-most expensive, with prices of 41% above the EU average, followed by Sweden, Ireland, Finland, and the United Kingdom.

At the other end of the scale, Bulgaria was the cheapest nation in the bloc in 2017, with prices 56% below the EU average. Romania was the second-cheapest, with prices 51.6% below the average, followed by Poland, Hungary, and Lithuania.

EU price levels for consumer goods and services (2017)

  • Denmark (141.2%)
  • Luxembourg (141%)
  • Sweden (134.7%)
  • Ireland (127.8%)
  • Finland (123.3%)
  • United Kingdom (117.4%)
  • Netherlands (114.6%)
  • Belgium (112.3%)
  • Austria (112.2%)
  • France (106.7%)
  • Germany (104.4%)
  • Italy (101.8%)
  • EU (100%)
  • Spain (93%)
  • Cyprus (90.1%)
  • Slovenia (84.2%)
  • Portugal (82.8%)
  • Malta (82.3%)
  • Greece (82.2%)
  • Estonia (74.2%)
  • Latvia (68%)
  • Slovakia (65%)
  • Czech Republic (64%)
  • Croatia (63.7%)
  • Lithuania (60.2%)
  • Hungary (58.3%)
  • Poland (53.2%)
  • Romania (48.4%)
  • Bulgaria (44%)

The data also includes prices from Iceland, Switzerland, and Norway.

Iceland* (171.6%)
Switzerland* (165.6%)
Norway* (151.9%)


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CEOWORLD magazine - Latest - CEO Insider - The cheapest (and most expensive) countries in the European Union, 2017?
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.


Prof. Dr. Amarendra Bhushan Dhiraj is CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.