News

30.06.2021
Comparative price levels of 37 European countries in 2020

According to the final data of EUROSTAT, within the purchasing power parity project, the price level indices for consumer goods and services in Montenegro was 57% of the EU average in 2020.

Price levels for consumer goods and services varied significantly across EU member states in 2020. Denmark recorded the highest price level (141% of the EU average), followed by Ireland and Luxembourg (136%), Sweden (130%) and Finland (126%), while the lowest price levels were recorded in Romania (55%), Bulgaria (56%) and Poland (58%).

Among the neighbouring countries, Croatia had the highest price level of consumer goods and services which is 69% of the EU average, while Serbia and Albania record a price level of 58% of the EU average. The price level of consumer goods and services in Bosnia and Herzegovina was on the level of 55% of the European average, while North Macedonia was on the level of 50% of the European average.

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