economy
April 11, 2026
Instead of jumping, the 'Balkan tiger' is standing still
The Minister of Finance recently promised that our GDP per capita will grow to 20,000 by 2030, and that in 2012 it was only 4,840 euros. He failed to mention that nominal GDP grows even if prices rise instead of production, and that our real GDP per capita is just over a quarter of the EU average.
TL;DR
- The Minister of Finance promised a GDP per capita of 20,000 euros by 2030.
- In 2012, GDP per capita was 4,840 euros.
- Nominal GDP can increase due to rising prices, not just production growth.
- Real GDP per capita is currently just over a quarter of the EU average.