Member states of the European Union (EU) vary dramatically by their nominal per capita incomes. In 2017, the per capita income of the EU was $41,192, some member states had a much higher per capita income (Denmark at $51,364) and others had a much lower per capita income (Romania at $26,657). Why might this be the case? What is the per capita income of your country? Is your country’s per capita income lower or higher than that of the EU?
Why might this be the case?