The analysis of the European Mean Equivalised Net Income (Before Social Transfers Including Pensions) for households with two or more adults without dependent children, across countries, shows that Switzerland, Iceland, and Luxembourg lead the list. These nations registered significant year-on-year Variations, especially Luxembourg, with a substantial increase of 11.21% in 2023. Notably, many Eastern European countries like Lithuania, Romania, and Bulgaria exhibit high year-on-year growth rates, indicating a catching-up effect. Western European nations generally show moderate growth, except for France, which experienced a slight decline in 2023.
Future trends to monitor include the potential narrowing of income disparities between Western and Eastern European countries. Factors such as economic policy changes, shifts in labor market dynamics, and geopolitical influences will significantly impact these trends. Additionally, examining the impact of inflation and economic recovery measures post-COVID-19 across Europe will be crucial in assessing future income variations.
Top countries in Mean Equivalised Net Income (Before Social Transfers Including Pensions) of Households with Two or More Adults Without Dependent Children Share by Country (Euros)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Switzerland | 7.38 | 2023 | +3.1% | +2.58% | View data |
2 | 2 Iceland | 7.27 | 2023 | +2.84% | +2.13% | View data |
3 | 3 Luxembourg | 7.27 | 2023 | +9.18% | +11.21% | View data |
4 | 4 Norway | 5.99 | 2023 | +0.098% | +3.12% | View data |
5 | 5 Denmark | 5.17 | 2023 | -0.12% | +1.46% | View data |
6 | 6 Ireland | 4.84 | 2023 | +2.42% | +2.92% | View data |
7 | 7 Austria | 4.12 | 2023 | +1.84% | +2.14% | View data |
8 | 8 Netherlands | 4.09 | 2023 | +2.27% | +3.54% | View data |
9 | 9 Sweden | 4.04 | 2023 | +0.95% | +3.86% | View data |
10 | 10 Germany | 4.04 | 2023 | +4.55% | +5.12% | View data |
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