OCTOBER 31 2012 20:55h

Croatians purchasing power 60% of European average

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ZAGREB, Oct 31 (Hina) - People living in Liechtenstein are the wealthiest population in Europe, while Moldavians are 45 times poorer. Spaniards are the closest to the European average purchase power of around 13,000 euro a year a German study shows.

A survey was conducted in 42 countries by the German GfK Geo Marketing pollster to analyse the income and savings of European populations after paying taxes.

Croatia is well below the European average, rating 30th in purchasing power with an average of 5,085 euro which is 60% of the European average.

Liecthenstein a tiny non-EU country has a purchasing power of some 57,000 euros per capita annually, which is more than the European average. The wealthiest country in the EU is Luxembourg whose citizens dispose of 28,924 euro per year.

The three largest economies in the EU account for almost half of the total purchasing power in Europe, with the remaining 53 percent divided among 39 other countries. Poland and Turkey, where per capita purchasing power is below average, are also among the top ten countries when it comes to total wealth.

At the other end of the scale are people in Moldova, Belarus and Kosovo, who earn ten times less than the European average.