Analysis of the European Mean Equivalised Net Income of households making ends meet with great difficulty in 2023 shows stark contrasts across nations. High values are seen in Iceland and Switzerland, indicating more considerable economic challenges, whereas countries like Bulgaria and Serbia reported lower figures, suggesting lesser income demands for those struggling financially. Notable year-on-year increases were recorded in Romania and Bulgaria, reflecting economic volatility. Conversely, Finland and France showed minor or negative growth, possibly indicative of economic stabilization efforts.
Looking ahead, watch for:
- Potential shifts in income inequality as socio-economic policies evolve.
- Economic impacts of inflation and energy prices on household incomes.
- Trends in welfare adjustments across European nations in response to economic pressures.
Top countries in Mean Equivalised Net Income of Households Making Ends Meet with Great Difficulty by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 35,350 | 2023 | +2.82% | +1.91% | View data |
| 2 | 2 Switzerland | 35,310 | 2023 | +3.42% | +4.18% | View data |
| 3 | 3 Norway | 26,320 | 2023 | +1.56% | +1.41% | View data |
| 4 | 4 Luxembourg | 25,640 | 2023 | +0.97% | +5.17% | View data |
| 5 | 5 Denmark | 22,170 | 2023 | -4.19% | +3.14% | View data |
| 6 | 6 Ireland | 21,250 | 2023 | +1.8% | +4.08% | View data |
| 7 | 7 Germany | 20,580 | 2023 | +7.11% | +7.92% | View data |
| 8 | 8 Belgium | 17,980 | 2023 | +1.66% | +5.2% | View data |
| 9 | 9 Finland | 17,920 | 2023 | -0.21% | -0.41% | View data |
| 10 | 10 Austria | 17,400 | 2023 | +0.052% | +2.16% | View data |
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