The European median equivalised net income of households with dependent children, before social transfers and pensions, demonstrates significant variances among countries. In 2024, Iceland leads with the highest income, followed by Switzerland and Luxembourg. Eastern European nations like Romania and Bulgaria lag behind.
Notably, between 2023 and 2024, strong year-on-year growth is observed in Romania, Estonia, Lithuania, and Bulgaria, with income increasing at rates exceeding 9%. In contrast, more affluent nations such as Norway and the UK experienced modest increments below 1%.
Over a five-year trajectory, countries like Luxembourg and Netherlands have shown robust CAGR, while others, particularly in Eastern Europe, highlight rapid growth potential as they continue to catch up economically.
Future trends suggest a continued increase in income disparity unless social transfers and policies effectively bridge the gap, alongside expectations of steady growth in Eastern Europe as these economies integrate further into European markets and benefit from policy support and investments.
Top countries in Median Equivalised Net Income (Before Social Transfers Including Pensions) of Households with Dependent Children Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 7.02 | 2023 | +3.09% | +2.37% | View data |
| 2 | 2 Switzerland | 6.87 | 2023 | +3.45% | +2.7% | View data |
| 3 | 3 Luxembourg | 6.09 | 2023 | +1.89% | +6.97% | View data |
| 4 | 4 Norway | 5.95 | 2023 | +2.91% | +0.59% | View data |
| 5 | 5 Denmark | 5.7 | 2023 | +0.73% | +2.36% | View data |
| 6 | 6 Netherlands | 5.57 | 2023 | +6.1% | +6.88% | View data |
| 7 | 7 Finland | 4.26 | 2023 | +1.96% | +2.7% | View data |
| 8 | 8 Ireland | 4.25 | 2023 | +3.82% | +3.43% | View data |
| 9 | 9 Sweden | 4.12 | 2023 | +2.91% | +1.97% | View data |
| 10 | 10 Belgium | 4.06 | 2023 | -1.83% | +2.24% | View data |
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