The analysis of European countries shows varying levels of median equivalised net income for households making ends meet with difficulty. In 2023, Switzerland leads with a high value, while Macedonia is at the lower end. Significant year-on-year variation is seen, with notable rises in Romania, driven by a 13.68% increase, and Malta by 8.15%. On the contrary, Montenegro saw a decline. Over the past five years, some countries, such as Poland and Germany, have shown consistent growth. The variations suggest economic improvements or challenges specific to each country.
For future trends, watch for:
- Impact of inflation and economic policies on household incomes in Europe.
- Socioeconomic reforms in countries with lower incomes, potentially altering income distribution.
- Continued monitoring of post-pandemic recovery efforts and their influence on income levels.
- Technological and service sector growth in the European Union, potentially raising income levels.
Top countries in Median Equivalised Net Income of Households Making Ends Meet with Difficulty by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 34,850 | 2023 | +3.79% | +2.45% | View data |
| 2 | 2 Iceland | 34,160 | 2023 | +2.49% | +1.82% | View data |
| 3 | 3 Norway | 27,740 | 2023 | -0.69% | +2.41% | View data |
| 4 | 4 Luxembourg | 25,710 | 2023 | -7.7% | +2.34% | View data |
| 5 | 5 Denmark | 25,440 | 2023 | +2.05% | +1.77% | View data |
| 6 | 6 Ireland | 22,650 | 2023 | +1.75% | +3.01% | View data |
| 7 | 7 Austria | 20,530 | 2023 | +2.08% | +1.69% | View data |
| 8 | 8 Germany | 19,110 | 2023 | +6.91% | +7.14% | View data |
| 9 | 9 Netherlands | 18,900 | 2023 | +1.52% | +3.09% | View data |
| 10 | 10 Belgium | 18,660 | 2023 | -1.29% | +3.52% | View data |
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