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Stockholm in top ten of EU's richest regions

Stockholm in top ten of EU's richest regions

Published: 24 Mar 2013 10:02 GMT+01:00
Updated: 24 Mar 2013 10:02 GMT+01:00

Stockholm has been named among the top ten richest regions in the European Union according to a new study published in the Svenska Dagbladet daily on Sunday.

The list, by EU statistics body Eurostat, is calculated based on GDP figures from 2010, with an index based on the union average of €24,500 ($31,800) and adjusted for purchasing power parity.

Stockholm is the only Nordic city claiming a place in the top ten, coming in ninth on 168 percent of the EU average.

Furthermore wealth in Sweden is more evenly distributed than in many other EU countries, with regions in northern Sweden as wealthy as southern Sweden (107 percent).

Western Sweden meanwhile has an indexed score of 117 percent.

The Eurostat list is topped by inner-city London with 338 percent, Luxembourg with 266 percent and Brussels with 223 percent.

Copenhagen and Helsinki make the top twenty, at 15th and 17th, with 157 and 154 percent respectively.

The contrast between wealthy northern European cities and their southern and eastern European counterparts is stark.

Romania and Bulgarian remained the poorest countries in the European Union with 47 and 44 percent respectively.

As the statistics are based on GDP figures from 2010 there will have been some changes however, with Cyprus for example still doing fairly well in the report with a GDP at 97 percent of the European Union average.

TT/Peter Vinthagen Simpson

Follow Peter on Twitter here.

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Your comments about this article

10:49 March 24, 2013 by flyiboy2
Would be nice if there was a link to this. I hate to believe that this is incorrect information..
11:46 March 24, 2013 by Great Scott
Yes you are right it is incorrect, London should be 238% not 228%. Apart from that the rest is correct.

http://en.wikipedia.org/wiki/Economy_of_the_European_Union#Richest_.26_Poorest_NUTS_Regions_.28GDP_PPP_2010.29
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