The analysis of European median equivalised net income reveals significant disparities among countries. In 2023, Luxembourg led with the highest income, while Macedonia ranked the lowest. Countries like Italy, Ireland, and the Netherlands showed strong year-on-year growth, while France and Slovakia experienced declines. Over a five-year period, Eastern European nations like Romania and Poland have shown remarkable growth due to their developing economies. In contrast, Western European nations have had moderate growth, reflecting economic maturity.
Future trends to watch include the impact of economic policies across Europe, potential income redistribution efforts, and their effects on income levels. Inflation and cost of living adjustments may also influence household economic conditions significantly across different regions.
Top countries in Median Equivalised Net Income of Households Making Ends Meet Easily by Country
| # | 10 Countries | Euros PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 37,640 | 2023 | -6.42% | +1.78% | View data |
| 2 | 2 Cyprus | 30,790 | 2023 | +1.17% | -0.72% | View data |
| 3 | 3 Austria | 29,280 | 2023 | +0.62% | +1.47% | View data |
| 4 | 4 Norway | 29,200 | 2023 | +0.5% | +0.73% | View data |
| 5 | 5 Italy | 28,790 | 2023 | -0.8% | +2.53% | View data |
| 6 | 6 Belgium | 28,180 | 2023 | -1.83% | +2.04% | View data |
| 7 | 7 Ireland | 28,020 | 2023 | +0.37% | +2.92% | View data |
| 8 | 8 Germany | 27,950 | 2023 | +2.74% | +2.05% | View data |
| 9 | 9 Switzerland | 27,320 | 2023 | -2% | -1.35% | View data |
| 10 | 10 Iceland | 26,870 | 2023 | +1.08% | +1.01% | View data |
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