The European median equivalised net income for households with two or more adults without dependent children shows significant disparities across countries in 2023. Luxembourg, Switzerland, and Iceland lead with the highest incomes, while Southeastern European countries like Macedonia, Montenegro, and Serbia have the lowest. Income growth from the previous year varies, with Romania and Bulgaria among the highest growth rates, driven by a base effect and dynamic economic conditions. Countries like Luxembourg and the Czech Republic also experienced substantial increases, indicating robust economic environments.
Future trends to watch include:
-Economic reforms and policies across Eastern Europe that may impact growth rates.
-Effects of inflation pressures and economic challenges on household incomes.
-Potential changes in labor markets and their influence on the overall income distribution across the EU.
Top countries in Median Equivalised Net Income (Before Social Transfers Excluding Pensions) of Households with Two or More Adults Without Dependent Children by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 56,240 | 2023 | +7.9% | +7.39% | View data |
| 2 | 2 Switzerland | 51,900 | 2023 | +3.29% | +1.88% | View data |
| 3 | 3 Iceland | 49,890 | 2023 | +3.11% | +2.43% | View data |
| 4 | 4 Norway | 41,570 | 2023 | +2.96% | +0.076% | View data |
| 5 | 5 Denmark | 32,030 | 2023 | +0.069% | +2.12% | View data |
| 6 | 6 Netherlands | 31,480 | 2023 | +4.33% | +4.6% | View data |
| 7 | 7 Austria | 31,140 | 2023 | -0.22% | +2.36% | View data |
| 8 | 8 Ireland | 31,120 | 2023 | +1.65% | +2.88% | View data |
| 9 | 9 Sweden | 29,430 | 2023 | +1.97% | +1.52% | View data |
| 10 | 10 Finland | 28,470 | 2023 | +1.7% | +2.08% | View data |
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