The European Mean Equivalised Net Income (Before Social Transfers Excluding Pensions) of households with dependent children shows significant disparity among countries. In 2024, Switzerland leads with €47.35k, while Macedonia lags at €3.37k. Notable year-on-year growth in 2023 includes Luxembourg at 6.03% and Malta at 6.77%. Eastern European countries like Romania and Serbia demonstrated impressive growth, fueled by catching up with Western standards.
Future trends indicate:
- Potential income increases as Eastern Europe converges with Western standards.
- Impact of economic policies, inflation, and demographic changes on income distribution.
- Technological advancements and their influence on earning opportunities.
Top countries in Mean Equivalised Net Income (Before Social Transfers Excluding Pensions) of Households with Dependent Children by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 47,350 | 2023 | +3.22% | +3.5% | View data |
| 2 | 2 Iceland | 44,030 | 2023 | +3.04% | +2.28% | View data |
| 3 | 3 Luxembourg | 41,410 | 2023 | +1.16% | +6.03% | View data |
| 4 | 4 Norway | 37,140 | 2023 | +1.35% | +1.7% | View data |
| 5 | 5 Denmark | 34,640 | 2023 | -3% | +2.46% | View data |
| 6 | 6 Netherlands | 32,610 | 2023 | +4.21% | +5.75% | View data |
| 7 | 7 Finland | 26,920 | 2023 | +1.93% | +3.06% | View data |
| 8 | 8 Ireland | 26,380 | 2023 | +3.39% | +3.15% | View data |
| 9 | 9 Austria | 24,620 | 2023 | +1.62% | +2.34% | View data |
| 10 | 10 Sweden | 24,570 | 2023 | +2.69% | +2.23% | View data |
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