Latvia’s GDP per capita last year increased to 62 percent of the EU average, from 58 percent in 2011, and Estonia’s GDP per capita was up to 68 percent, from 67 percent in 2011.
Despite growth, the GDP per capita rates in the Baltic countries remain among the lowest in Europe.
GDP per capita in Lithuania has been growing steadily since the end of the financial crisis. The rate reached 62 percent of EU average in 2008 before going down to 55 percent in 2009. In 2010, the rate climbed to 57 percent, and in 2011, to 66 percent.
Luxembourg remained the richest EU Member State – the title it has held since 1998 – with the GDP per capita of 271 percent of EU average in 2012, unchanged from 2011. Austria was second with 131 percent and Ireland was third with 129 percent.
