CEO Insider

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%)

Track Latest News Live on CEOWORLD magazine and get news updates from the United States and around the world. The views expressed are those of the author and are not necessarily those of the CEOWORLD magazine.
Follow CEOWORLD magazine headlines on Google News, Twitter, and Facebook. For media queries, please contact: info@ceoworld.biz
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is chief executive and editorial director of The CEOWORLD magazine, overseeing the organization’s news and features departments.

Under Dr. Amarendra's leadership, The CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders every day.

Dr. Amarendra holds a Ph.D. in Finance and Banking from the European Global School in France; a Doctoral Degree in Chartered Accountancy from the European International University Paris; and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine.

He earned his Master of Business Administration degree in Finance and his Master's Degree In Chartered Accountancy (CA) from European Global School Paris. 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 a macro-economist and visiting professor at Kyiv National University of Technologies and Design (KNUTD), Ukraine.

You can follow Prof. Dr. Amarendra Bhushan Dhiraj on Twitter, Facebook, and LinkedIn.