The median equivalised net income before social transfers excluding pensions of households with dependent children in Europe displayed varying trends in 2023. Netherlands saw a notable increase of 5.58%, leading European countries, while Luxembourg and others experienced moderate growth. Conversely, Switzerland and Montenegro had slight declines. Over the past five years, countries like Romania and Serbia showed significant growth, while Slovakia had a slight decrease.
Looking ahead, countries with strong income growth momentum, such as the Netherlands, Luxembourg, and emerging Eastern European nations like Lithuania and Estonia, are poised for further income improvements. Monitoring economic policies and inflation rates will be crucial in understanding future income distribution across Europe.
Top countries in Median Equivalised Net Income (Before Social Transfers Excluding Pensions) of Households with Dependent Children Share by Country (Euros PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 5.05 | 2023 | +3.17% | +5.58% | View data |
| 2 | 2 Luxembourg | 4.81 | 2023 | +0.72% | +4.1% | View data |
| 3 | 3 Norway | 4.41 | 2023 | +2.55% | +1.2% | View data |
| 4 | 4 Iceland | 4.37 | 2023 | +1.66% | +1.58% | View data |
| 5 | 5 Denmark | 4.28 | 2023 | +0.89% | +1.82% | View data |
| 6 | 6 Switzerland | 4.06 | 2023 | -0.56% | -0.26% | View data |
| 7 | 7 Belgium | 3.9 | 2023 | -1.47% | +1.73% | View data |
| 8 | 8 Malta | 3.81 | 2023 | +2.27% | +3.4% | View data |
| 9 | 9 Germany | 3.8 | 2023 | +6.07% | +1.69% | View data |
| 10 | 10 Austria | 3.77 | 2023 | +1.73% | +1.81% | View data |
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