In 2023, Luxembourg, Netherlands, and Switzerland led the European nations with the highest mean equivalised net income for households with dependent children, measured in Euros PPP. Key nations such as Luxembourg and Malta experienced robust growth, with significant annual variations of 4.42% and 5.0% respectively. Conversely, negative growth was seen in Slovakia and Montenegro. Rapid growth rates in Eastern European countries, notably Romania and Serbia, highlight emerging economies progressing with double-digit increases.
Future trends to watch include the impact of policy changes on social transfers, shifts in household income distribution, and economic challenges such as inflation. The potential for income variation due to geopolitical factors and economic integration initiatives across Europe remains a focus for future assessments. The decrease in growth for countries like Slovakia and Montenegro suggests that these economies may face structural challenges that could influence household income stability.
Top countries in Mean Equivalised Net Income (Before Social Transfers Including Pensions) of Households with Dependent Children Share by Country (Euros PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 4.94 | 2023 | -1.85% | +4.42% | View data |
| 2 | 2 Netherlands | 4.68 | 2023 | +2.39% | +4.56% | View data |
| 3 | 3 Switzerland | 4.55 | 2023 | +1.5% | +1.49% | View data |
| 4 | 4 Norway | 4.42 | 2023 | +1.53% | +2.65% | View data |
| 5 | 5 Denmark | 4.24 | 2023 | -1.24% | +2.25% | View data |
| 6 | 6 Iceland | 4.16 | 2023 | +1.54% | +1.32% | View data |
| 7 | 7 Malta | 4 | 2023 | +3.56% | +5% | View data |
| 8 | 8 Germany | 3.92 | 2023 | +6.63% | +1.58% | View data |
| 9 | 9 Austria | 3.73 | 2023 | +2.04% | +2.05% | View data |
| 10 | 10 Finland | 3.56 | 2023 | +0.26% | +1.99% | View data |
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