In 2023, Luxembourg stood out with the highest Mean Equivalised Net Income of Households Making Ends Meet Easily at 42.27 thousand Euros PPP, showcasing a 2.33% increase from 2022. Italy, Norway, and Malta followed, experiencing moderate growth rates. Conversely, France witnessed a significant decline of 5.64%. Eastern European countries like Romania and Poland displayed robust growth, with 9.06% and 5.31% increases, respectively, suggesting improving economic conditions. However, countries such as Cyprus and Macedonia saw dips, indicating challenges in maintaining household economic stability.
Future trends to watch include:
- Potential economic stabilization in Eastern Europe, continuing their upward income trends.
- Persistent challenges for Western European economies, primarily due to economic and policy uncertainties.
- Monitoring the resilience of Scandinavian nations amid modest income growth.
- Evaluating the effects of economic policies on income distribution across diverse European regions.
Top countries in Mean Equivalised Net Income of Households Making Ends Meet Easily by Country
| # | 10 Countries | Euros PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 42,270 | 2023 | -6.3% | +2.33% | View data |
| 2 | 2 Italy | 33,810 | 2023 | -0.19% | +2.24% | View data |
| 3 | 3 Norway | 32,430 | 2023 | +1.1% | +1.9% | View data |
| 4 | 4 Malta | 31,460 | 2023 | -9.04% | +2.82% | View data |
| 5 | 5 Austria | 31,280 | 2023 | +0.49% | +1.35% | View data |
| 6 | 6 Cyprus | 30,960 | 2023 | -8.3% | -2.87% | View data |
| 7 | 7 Ireland | 30,880 | 2023 | -0.22% | +1.37% | View data |
| 8 | 8 Germany | 30,830 | 2023 | +3.2% | +2.15% | View data |
| 9 | 9 Switzerland | 30,380 | 2023 | -1.1% | -1.3% | View data |
| 10 | 10 Belgium | 29,470 | 2023 | -3.7% | +1.91% | View data |
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