Slovenia's GDP at 83.3% of EU Average in 2004
Slovenia's gross domestic product per capita reached 83.3% of the average for the 268 NUTS-2 regions in all 27 members of the EU in 2004, according to the data released by the Eurostat on Monday.
The GDP per capita, expressed in terms of purchasing power parity, ranged from 24% of the EU27 average in the region of Nord-Est in Romania, to 303% of the average in Inner London in the United Kingdom.
Apart from Inner London, the richest three regions were Luxembourg (251%) and Brussels (248%). The only regions from new member states whose GDP was above the 125% mark was Prague (157%) and Bratislava (129%).
NUTS (Nomenclature of Territorial Units for Statistics) classification serves as the basis for the granting of money from EU structural funds. The largest portion goes to regions with a per capita GDP lower than 75% of the Community average.
Slovenia, which is one region at NUTS-2 level in the 2007-2013 financial period, slightly exceeded the level for the first time in 2002, when its GDP per capita was at 75.3% of the EU average. In 2003 the figure rose to 76%.
In the 2007-2013 financial arrangements Slovenia as a single region remains a net receiver of EU funds as the calculation is based on the 2000-2002 data when its GDP per capita was 74.4%, that is just below the 75% mark.
In the next financial budget period, after 2013, Slovenia is to be divided into two cohesion regions.
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