The Average Purchasing Power of Europeans in 2022 Is €16,344
The average per capita purchasing power in Europe in 2022 is €16,344. However, there are tremendous differences among the 42 countries.
Digitalization is connecting the world. As of 2018, two thirds of the world's 7.6 billion people have mobile phones, of which roughly half are also smart.
This compares to more than half of the world having access to the internet overall, according to data presented by Hootsuite and We Are Social. When it comes to social media, almost 3 billion users use it on mobile devices.