May 16, 2021

Spain rich, poor Spain: 16,200 euros difference

Spain rich, poor Spain: 16,200 euros difference


The gap between the two Spains, rich and poor, remains open. The differences between the richest region (Madrid) and the poorest (Extremadura) is of no less than 16,200 euros per year. An inequality that is even higher expressed in units of purchasing power parity: 17,900 pps in favor of Madrid. This has been announced today by Eurostat, the Community Statistics Office. According to these data, Madrid, the Basque Country, Navarre, Catalonia and Aragon were the only five Spanish autonomous communities that in 2017 exceeded the average wealth per capita in the European Union, while five other Spanish regions (Castilla-La Mancha, Extremadura, Andalusia and the autonomous cities of Melilla and Ceuta) did not reach 75% of this amount.

Madrid was the richest among the Spanish regions in 2017, with a GDP per capita of 33,800 euros, which expressed in units of purchasing power parity (pps) reaches 37,200 pps, equivalent to 124% of the average per individual of the EU, ahead of the Basque Country, with 33,000 euros and 36,300 pps (121%); Navarre, with 30,900 euros and 34,000 pps (113%); Catalonia, with a GDP per capita of 30,100 euros and 33.10 pps (110%) and Aragón, with 27,600 euros and 30,400 pps respectively.

Extremadura appears, with a GDP per capita of 17,600 euros and a wealth per individual based on purchasing power of 19,300 pps, equivalent to 64% of the EU average, behind Melilla, with 18,000 euros and 19,800 pps (66%) and Andalusia, whose income per capita was 18,600 euros and reached 20,400 pps when taking into account the purchasing power parity (68%).

Ahead of these regions was the autonomous city of Ceuta, with 19,600 euros of income per capita and 21,500 pps (72%), followed by Castilla-La Mancha, with 19,800 euros and 21,800 pps (73%). Just in 75% of the community average was the Canary Islands, with a per capita income of 20,600 euros, equivalent to 22,700 pps, while Murcia reached 76% with 20,600 euros and 22,700 pps.

On the other hand, slightly below the European per capita wealth expressed in purchasing power parity units were La Rioja and the Balearic Islands (96%), while Castile and León (86%), Cantabria (83%), were slightly off-hook. %), Galicia and Asturias (82% in both cases) and Valencia (81%).

None of the Spanish regions figured in 2017 among the richest in the EU, since The region with the highest GDP per capita of the EU block was the British London Interior West, with 209,900 euros per inhabitant and 188,000 pps, equivalent to 626% of the EU average, ahead of the Grand Duchy of Luxembourg (253%), South of Ireland (220%), Hamburg (202%) and Brussels (196%).

Specifically, among the 20 European regions with the highest per capita wealth expressed in purchasing power parity units were five Germans, two from the United Kingdom, two from Ireland, two from Austria and one region in countries such as Belgium, the Czech Republic, Denmark, France, the Netherlands, Poland, Slovakia and Sweden, as well as the Grand Duchy of Luxembourg.

In the opposite case, among the poorest, those with a per capita wealth based on purchasing power equal to or less than 50% of the EU average, highlighted mainly regions of Central European partners, with five regions of Bulgaria, four of Hungary and three of Poland, while Romania registered two regions, like France and Greece.

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