In 2023, Luxembourg led the European rankings for median equivalised net income of households with two or more adults without dependent children, while Serbia and Montenegro were at the lower end. Variations in 2023 indicated significant growth in countries like Romania, Serbia, and Poland, reflecting overall income improvements. Contrastingly, Switzerland experienced a slight decline, and Slovakia showed negative growth.
Future trends to watch include the potential for continued income growth in Eastern Europe due to economic development and structural reforms. Monitoring economic policies, inflation rates, and social changes in Western countries will also be key to understanding income dynamics across Europe.
Top countries in Median Equivalised Net Income (Before Social Transfers Excluding Pensions) of Households with Two or More Adults Without Dependent Children Share by Country (Euros PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 5.53 | 2023 | -7.49% | +2.37% | View data |
| 2 | 2 Norway | 4.48 | 2023 | +2.61% | +0.72% | View data |
| 3 | 3 Austria | 4.47 | 2023 | +1.56% | +2.28% | View data |
| 4 | 4 Switzerland | 4.47 | 2023 | -0.2% | -0.81% | View data |
| 5 | 5 Iceland | 4.45 | 2023 | +1.68% | +1.6% | View data |
| 6 | 6 Netherlands | 4.11 | 2023 | +1.19% | +3.14% | View data |
| 7 | 7 Germany | 4.04 | 2023 | +4.7% | +2.25% | View data |
| 8 | 8 Belgium | 3.73 | 2023 | -0.017% | +1.56% | View data |
| 9 | 9 Sweden | 3.57 | 2023 | +2.42% | +0.88% | View data |
| 10 | 10 United Kingdom | 3.48 | 2023 | +0.78% | +0.73% | View data |
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