The forecast for 2024 shows a continued upward trend in European Mean Equivalised Net Income of Households Making Ends Meet Very Easily, with Cyprus and Luxembourg leading. Countries such as Bulgaria, Latvia, and Romania display significant growth due to economic improvements, with yearly increases of 5.04%, 8.67%, and 9.18% respectively in 2023. Notably, France, Ireland, and Sweden have experienced decline, with the lowest value increase observed in Montenegro and Macedonia in 2023.
Future trends to watch for include economic reforms and the effects of fiscal policies across Europe that may enhance income levels, alongside potential global economic factors that could impact growth rates differently across these countries.
Top countries in Mean Equivalised Net Income of Households Making Ends Meet Very Easily by Country
| # | 10 Countries | Euros PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 53,710 | 2023 | -0.41% | +2.44% | View data |
| 2 | 2 Luxembourg | 53,110 | 2023 | -3.77% | +1.71% | View data |
| 3 | 3 Italy | 47,780 | 2023 | -18.88% | +1.92% | View data |
| 4 | 4 Switzerland | 47,350 | 2023 | +1.98% | +0.45% | View data |
| 5 | 5 Germany | 43,270 | 2023 | +3.48% | +1.42% | View data |
| 6 | 6 Lithuania | 42,770 | 2023 | -1.62% | +1.43% | View data |
| 7 | 7 Malta | 42,220 | 2023 | -12.61% | +0.78% | View data |
| 8 | 8 Bulgaria | 41,340 | 2023 | -1.42% | +5.04% | View data |
| 9 | 9 Austria | 40,090 | 2023 | +1.39% | +1.37% | View data |
| 10 | 10 Norway | 39,210 | 2023 | -2.86% | +1.68% | View data |
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