While the presence of Prague and especially Bucharest and Budapest can be surprises, this just shows the huge difference between them and rest of their countries. And this is not necessarily a good thing.
Mugugno_Vero on
Prague being fourth is certainly a surprise.
FMSV0 on
Are there? What Prague and Bucareste? Not that strange that capitals of poorer countries have all the headquarters of companies (local and foreign) and get a lot of gdp for that.
Middle_Trouble_7884 on
GDP per capita (PPP) doesn’t make much sense in this context, especially when some countries treat single cities, like Bucharest and Prague, as separate regions. It doesn’t account for commuters from peripheral areas or neighboring towns. Since capitals attract thousands, if not millions, of commuters daily, and per capita measurements focus solely on residents, not all workers, this creates a distortion. It makes big cities appear more prosperous than they are, while surrounding areas seem poorer. This is similar to how, in Italian national statistics, towns bordering Switzerland appear to have little to no income, when in fact, much of their income isn’t visible to Italian authorities despite that income being in fact brought to Italy but is counted in the Swiss towns they commute to for work despite that income on the other hand leaving Switzerland and not staying there. Moreover, PPP doesn’t account for price variations within the same country and uses a national average. I doubt that prices are the same in Bucharest, Timișoara, Craiova, or in Prague, Brno, and Ostrava.
AMGsoon on
Prague and Warsaw over Vienna and Stuttgart?🤔
No Frankfurt am Main?
Due_Bake7326 on
Luxemburg and Ireland are cheating because they are tax havens.
sheelinlene on
The Southern region being no1 isn’t even down to MNCs in Ireland, it’s down to ONE corporation. Apple EU headquarters are there, literally one company carrying the whole region
CCFCEIGHTYFOUR on
South aka Cork, kings of Europe. As it should be 💪
BNI_sp on
This is so ill-defined it’s not even wrong.
E.g.: micro-regions with a lot of incoming commuters overstate per capita values.
And that’s without taking into account non-productive transfer pricing shenanigans by global giants.
Neat_Sandwich_5466 on
Wow Southern Ireland seems really wealthy, I sure hope that prosperity is enjoyed by the people there and not a couple of American corporations
ztm213 on
Ireland and Luxembourg have a lot of foreign corporations registered there so I don’t know how much those statistics are worth
crit_ical on
Don‘t forget this is linked to purchasing power
buckwurst on
Is Ireland skewed by having so many companies based there as a tax dodge?
OllieV_nl on
Hey, we’re there! At the bottom!
Would be nice if we saw any of that GDP, it’s just being used to fund North Holland’s asphalt addiction.
2ndhandBS on
Tax fraud Olympics 👍
p4uLee on
Shame this data in the list are old
lousy-site-3456 on
Companies aside this is also heavily skewed by millionaires, for example in Bremen and Hamburg.
Noobunaga86 on
Kinda doubt if these number are correct. It says that Warsaw has 3mil population, it has around 1.8mil. Well…
MMM022 on
Get out here with Ireland, it’s only inflated due to big Tech taxes, nothing more.
Paciorr on
Pointless statistic. Some cities / capitals have many companies working nationally registered there which artificially increases the local GDP while not affecting the standards of living as much at all.
Nightshade195 on
IRELAND MENTIONED WHAT THE FUCK IS CORPORATE TAX 🇮🇪🇮🇪🇮🇪🇮🇪🇮🇪🇮🇪🇮🇪🇮🇪🇮🇪☘️☘️☘️☘️☘️☘️☘️☘️☘️☘️☘️👑👑👑👑👑👑👑👑
revauzuxyz on
as a bucharester, there is NO WAY we are richer than north holland 😭😭😭
Different_Run_3488 on
I like your posts, if you have time and desire you can look at my community related to geography. And maybe you want to make some post. My community: r/GeographicalParadise
DrSOGU on
Hamburgian here, can confirm.
High density of multi-millionaires.
Turbulent-Raise4830 on
As always: ireland is very skewed and doesnt really reflect reality
gummibaerchen999 on
Darmstadt Land district has 4 million inhabitants? I don’t believe the source at all…
Maleficent-Put1705 on
It’s good to know I’m a baller, as I’m eating pot noodle for dinner.
29 Comments
Source: [https://en.wikipedia.org/wiki/List_of_European_Union_regions_by_GDP](https://en.wikipedia.org/wiki/List_of_European_Union_regions_by_GDP)
Original source: [https://ec.europa.eu/eurostat/databrowser/view/tgs00003/default/table?lang=en](https://ec.europa.eu/eurostat/databrowser/view/tgs00003/default/table?lang=en)
Like… what do you mean?
While the presence of Prague and especially Bucharest and Budapest can be surprises, this just shows the huge difference between them and rest of their countries. And this is not necessarily a good thing.
Prague being fourth is certainly a surprise.
Are there? What Prague and Bucareste? Not that strange that capitals of poorer countries have all the headquarters of companies (local and foreign) and get a lot of gdp for that.
GDP per capita (PPP) doesn’t make much sense in this context, especially when some countries treat single cities, like Bucharest and Prague, as separate regions. It doesn’t account for commuters from peripheral areas or neighboring towns. Since capitals attract thousands, if not millions, of commuters daily, and per capita measurements focus solely on residents, not all workers, this creates a distortion. It makes big cities appear more prosperous than they are, while surrounding areas seem poorer. This is similar to how, in Italian national statistics, towns bordering Switzerland appear to have little to no income, when in fact, much of their income isn’t visible to Italian authorities despite that income being in fact brought to Italy but is counted in the Swiss towns they commute to for work despite that income on the other hand leaving Switzerland and not staying there. Moreover, PPP doesn’t account for price variations within the same country and uses a national average. I doubt that prices are the same in Bucharest, Timișoara, Craiova, or in Prague, Brno, and Ostrava.
Prague and Warsaw over Vienna and Stuttgart?🤔
No Frankfurt am Main?
Luxemburg and Ireland are cheating because they are tax havens.
The Southern region being no1 isn’t even down to MNCs in Ireland, it’s down to ONE corporation. Apple EU headquarters are there, literally one company carrying the whole region
South aka Cork, kings of Europe. As it should be 💪
This is so ill-defined it’s not even wrong.
E.g.: micro-regions with a lot of incoming commuters overstate per capita values.
And that’s without taking into account non-productive transfer pricing shenanigans by global giants.
Wow Southern Ireland seems really wealthy, I sure hope that prosperity is enjoyed by the people there and not a couple of American corporations
Ireland and Luxembourg have a lot of foreign corporations registered there so I don’t know how much those statistics are worth
Don‘t forget this is linked to purchasing power
Is Ireland skewed by having so many companies based there as a tax dodge?
Hey, we’re there! At the bottom!
Would be nice if we saw any of that GDP, it’s just being used to fund North Holland’s asphalt addiction.
Tax fraud Olympics 👍
Shame this data in the list are old
Companies aside this is also heavily skewed by millionaires, for example in Bremen and Hamburg.
Kinda doubt if these number are correct. It says that Warsaw has 3mil population, it has around 1.8mil. Well…
Get out here with Ireland, it’s only inflated due to big Tech taxes, nothing more.
Pointless statistic. Some cities / capitals have many companies working nationally registered there which artificially increases the local GDP while not affecting the standards of living as much at all.
IRELAND MENTIONED WHAT THE FUCK IS CORPORATE TAX 🇮🇪🇮🇪🇮🇪🇮🇪🇮🇪🇮🇪🇮🇪🇮🇪🇮🇪☘️☘️☘️☘️☘️☘️☘️☘️☘️☘️☘️👑👑👑👑👑👑👑👑
as a bucharester, there is NO WAY we are richer than north holland 😭😭😭
I like your posts, if you have time and desire you can look at my community related to geography. And maybe you want to make some post. My community: r/GeographicalParadise
Hamburgian here, can confirm.
High density of multi-millionaires.
As always: ireland is very skewed and doesnt really reflect reality
Darmstadt Land district has 4 million inhabitants? I don’t believe the source at all…
It’s good to know I’m a baller, as I’m eating pot noodle for dinner.