European Mean Equivalised Net Income of Households Making Ends Meet with Some Difficulty by Country

In 2023, European mean equivalised net income for households making ends meet with some difficulty showed notable variation among countries. Iceland led with high income levels, experiencing modest growth. Scandinavian nations like Norway, Denmark, and Sweden registered moderate increases. Luxembourg and Germany displayed strong growth, while Switzerland saw a slight decline. Central and Eastern European nations, such as Latvia, Lithuania, Poland, and Romania, showed significant increases, reflecting catching-up trends. Conversely, Southern European countries, such as Italy, Cyprus, and Portugal, reported minimal growth or declines, reflecting ongoing economic challenges.

Future trends to watch include the impact of economic recovery initiatives in response to the recent crises, technological advancements, and policy measures that could shift income distribution. Economic integration and inflation trends across Europe may also influence these income levels and growth rates in the coming years.