Purchasing power metrics reveal a wealth gap between European nations wider than nominal income suggests
Standard income figures mask the true economic divide in Europe, where Purchasing Power Standard metrics show that residents of wealthy nations possess nearly quadruple the buying power of their neighbors.
The Purchasing Power Standard (PPS) reveals a wealth gap between EU members that nominal GDP figures fail to capture. While a loaf of bread might cost 1.20 euros in the Netherlands and only 0.80 euros in Bulgaria, the Dutch PPS of 134 percent compared to Bulgaria's 38 percent indicates that the average Dutch citizen can purchase 3.5 times more equivalent goods and services.
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