The year 2023 witnessed a varied performance in European Mean Equivalised Net Income with Luxembourg and Switzerland leading with an increase of 3.66% and 1.83% respectively, while France saw a decline of 4.76%. Notable growths occurred in Romania, Greece, and the Czech Republic, with 10.07%, 7.27%, and 7.52% respectively. Malta, Lithuania, and Bulgaria also showed significant increments. Conversely, Cyprus and Macedonia faced minor setbacks, with drops of 1.43% and 2.67% respectively. Year-to-year growth was diverse, indicating economic fluctuations across regions.
Future trends to watch for include:
- Potential recovery in countries like France that experienced declines.
- Continued growth in Eastern European nations, driven by increasing financial stability.
- Economic policies in Luxembourg and Switzerland that could further sustain high growth.
- The impact of geopolitical and economic shifts on income distribution across the continent.
Top countries in Mean Equivalised Net Income of Households Making Ends Meet Easily Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 6.21 | 2023 | -8.25% | +3.66% | View data |
| 2 | 2 Switzerland | 6.21 | 2023 | +3.71% | +1.83% | View data |
| 3 | 3 Iceland | 5.54 | 2023 | +2.43% | +1.77% | View data |
| 4 | 4 Norway | 5.1 | 2023 | -0.19% | +0.92% | View data |
| 5 | 5 Denmark | 4.6 | 2023 | -1.46% | +2.81% | View data |
| 6 | 6 Ireland | 4.57 | 2023 | -6.73% | +2.36% | View data |
| 7 | 7 Austria | 3.86 | 2023 | +1.61% | +2.01% | View data |
| 8 | 8 Netherlands | 3.77 | 2023 | +2.73% | +3.84% | View data |
| 9 | 9 Italy | 3.77 | 2023 | +0.64% | +2.39% | View data |
| 10 | 10 Belgium | 3.69 | 2023 | -3.01% | +2.46% | View data |
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