Table 3.
Recovery fund: estimated allocation of grants
| Top five recipients | ||||
|---|---|---|---|---|
| Absolute value transfers | % 2019 GNI | |||
| € billion | % total | |||
| Italy | 84.6 | 22.08% | Bulgaria | 9.85% |
| Spain | 71.3 | 18.54% | Croatia | 9.76% |
| France | 50.1 | 13.18% | Greece | 8.93% |
| Germany | 47.2 | 12.27% | Latvia | 6.52% |
| Poland | 26.8 | 6.98% | Romania | 6.22% |
| Bottom five recipients | ||||
|---|---|---|---|---|
| Absolute value transfers | % 2019 GNI | |||
| € billion | % total | |||
| Ireland | 1,53 | 0,40% | Sweden | 0,81% |
| Estonia | 1,13 | 0,29% | Austria | 0,79% |
| Cyprus | 1 | 0,26% | Netherlands | 0,79% |
| Malta | 0,3 | 0,08% | Denmark | 0,56% |
| Luxembourg | 0,26 | 0,07% | Ireland | 0,56% |
Source: Darvas (2020). Note: This table reproduces the estimated allocation of transfers under the recovery fund for the top and bottom five beneficiaries. Two criteria are used to rank countries: total amount received and transfers as a function of gross national income (GNI). For the methodology, see Darvas (2020).
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