Irish Regions Office Website

February 27, 2008

Cohesion Policy bringing down Regional disparities

The regional GDP per head figures for 2005, published by EUROSTAT on 12 February, indicate an EU-wide average value of 22,400 Euro for each inhabitant as an approximate measure of economic activity.

The regional GDP per head figures for 2005, published by EUROSTAT on 12 February, indicate an EU-wide average value of 22,400 Euro for each inhabitant as an approximate measure of economic activity. The figures, expressed in terms of purchasing power standards (PPS) to take account of differences in national price levels, show that while there is an extreme variance between the 24% rate in Nord-Est Romania and the 303% attributed to Inner London, 16 out of 84 convergence regions (those covering almost all of the 2004 and 2007 accession states) have now attained at least 75% of the EU27 average. Additionally, the capital city regions of Prague and Bratislava are respectively ranked in an impressive 12th and 18th places overall. For Ireland, the estimated figures are 35,420 Euro (158%) per head across the Southern & Eastern region and 23,367 Euro (104%) in the Border, Midland & Western region based on a national average of 32,197 Euro (144%). Further details at: http://epp.eurostat.ec.europa.eu/portal/page?_pageid=0,1136162,0_45572073&_dad=portal&_schema=PORTAL

Posted by iroauthor at February 27, 2008 04:23 PM