Type: Project Other Data - July 18, 2022, 10:14 a.m.
This dataset contains data on GDP per capita at purchasing power standards (PPS) in the specified statistical regions from 2007 to 2020.
The regional gross domestic product (GDP) is used in order to measure and compare the economic activity of regions.
It is the most important indicator for the selection of regions eligible for support under the investment for growth and jobs goal of the EU's regional policy.
GDP is the central measure of national accounts, summarising the economic position of a country or region.
It may be used to analyse economic performance and cycles (such as recessions, recoveries and booms). In order to compensate for price level differences between countries, GDP can be converted using conversion factors known as purchasing power parities (PPPs).