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Here is the study:
https://www.bcgperspectives.com/Imag...g-Jul-2016.pdf
Few considerations:
- Many Eastern European countries are closing the gap with Western Europe
- German countries dominates the the ranking
- Italy, Greece, Portugal and Spain have already a lower standard of living than many Eastern European countries like Slovenia, Estonia and Czechia
- Greece has the worse living condition of the former Western block
- With the gradual rising of Eastern standard of living, I predict that in the future there will be a shift from a West/East paradygm to a North/South situation.
Here is also the study for the previous year (2015), so we can draw some conclusion on changes in standard of living from year to year:
https://www.bcgperspectives.com/Imag...s-May-2015.pdf
STATE 2015 2016
Albania 49.1 50.0
Austria 90.2 92.7
Belarus 58.0 60.3
Belgium 85.7 90.0
Bosnia and H. 44.0 48.5
Bulgaria 56.9 57.3
Croatia 64.0 61.3
Cyprus 68.6 67.6
Czech Republic 75.1 78.4
Denmark 92.0 91.3
Estonia 75.6 78.8
Finland 93.3 94.9
France 81.6 83.1
Germany 89.8 93.6
Greece 65.5 62.6
Hungary 71.6 71.4
Iceland 94.4 90.4
Ireland 84.6 85.8
Italy 74.0 70.6
Latvia 67.0 68.0
Lithuania 71.3 72.1
Luxembourg 94.9 87.4
Macedonia 42.5 42.9
Malta 74.4 69.9
Moldova 44.9 44.5
Montenegro - 43.3
Netherlands 91.8 95.0
Norway 100 100
Poland 71.6 74.0
Portugal 73.9 75.5
Romania 54.5 55.9
Russia 54.7 54.6
Serbia 51.5 53.7
Slovakia 70.9 71.5
Slovenia 77.8 79.3
Spain 77.0 76.0
Sweden 93.3 89.6
Switzerland 94.4 91.1
Turkey 50.5 53.1
Ukraine 52.8 49.1
United Kingdom 81.1 85.4
According to the same study, these are the countries that for 2015 better translated economic growth in wellbeing:
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