The European Median Equivalised Net Income of households making ends meet fairly easily shows significant variation across countries. Luxembourg leads with high income levels, followed by Austria and Norway. Countries like Hungary, Slovakia, and Serbia exhibit lower income levels. Recent trends from 2023 show marked growth in countries such as Romania and Greece, while Switzerland and France experienced declines. The five-year compound annual growth rate reveals consistent growth patterns in Eastern Europe, indicating a catch-up effect with Western European living standards.
Future trends to observe include the potential impact of economic policies and inflation. These factors could further influence income equality and living standards across the continent, particularly in economically diverse regions.
Top countries in Median Equivalised Net Income of Households Making Ends Meet Fairly Easily Share by Country (Euros PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 4.92 | 2023 | -2.2% | +2.18% | View data |
| 2 | 2 Austria | 4.01 | 2023 | +0.2% | +2.23% | View data |
| 3 | 3 Norway | 3.95 | 2023 | +1.33% | +1.4% | View data |
| 4 | 4 Iceland | 3.79 | 2023 | +1.31% | +1.11% | View data |
| 5 | 5 Switzerland | 3.66 | 2023 | -3.05% | -2.34% | View data |
| 6 | 6 Belgium | 3.65 | 2023 | -0.71% | +1.71% | View data |
| 7 | 7 Netherlands | 3.6 | 2023 | +1.25% | +2.77% | View data |
| 8 | 8 Ireland | 3.5 | 2023 | +0.094% | +0.69% | View data |
| 9 | 9 Italy | 3.42 | 2023 | +0.79% | +1% | View data |
| 10 | 10 Cyprus | 3.41 | 2023 | -0.14% | -0.034% | View data |
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