Norwegians have the second highest personal consumption in Europe

moneyIllustration.Money.Photo: pixabay.com

Advertisement

Norwegians are second in terms of personal consumption while Luxembourgers have the highest in Europe.

In 2018, Norwegians had between 8 and 18 per cent higher consumption than their Nordic neighbours. They were beaten only by Luxembourgers, according to the European purchasing power survey conducted by Eurostat last year and reported by Nettavisen.

While Luxembourgers had a personal consumption of 34 per cent above the EU average, Norwegians were 26 per cent above.

The results coincide with those found in the purchasing power survey in 2017. Norwegians spend less than other EU and EEA countries on restaurants and hotels as well as alcohol and tobacco but significantly more on recreation and culture than the EU average.

Luxembourgers had a personal consumption of 32 per cent above the EU average in 2017 while Norwegians were 27 per cent above it.

© NTB Scanpix / #Norway Today

Advertisement

Be the first to comment on "Norwegians have the second highest personal consumption in Europe"

Leave a comment

Your email address will not be published.


*