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According to recent Eurostat data, Hungary is the poorest country in the European Union when measured by household welfare (Actual Individual Consumption or AIC), with households consuming 72% of the EU average. However, based on GDP per capita, Bulgaria is often cited as the poorest EU country, with its GDP at 34% below the EU average in 2024. The answer depends on the specific economic metric used.
By household consumption (AIC): Hungary is the poorest country in the EU.
By GDP per capita: Bulgaria has the lowest GDP per capita in the EU.
Factors to consider:
AIC measures what households can actually afford, including public services like healthcare and education.
GDP per capita is a measure of a country's economic output per person and doesn't account for the actual purchasing power of households.