In 2023, Switzerland led with the highest mean equivalised net income for households without dependent children at 59.26 thousand euros, closely followed by Luxembourg. Countries like Romania, Serbia, and Bulgaria showed the most notable year-on-year income growth, indicating economic improvements or adjustments. Conversely, France experienced a marginal decline, suggesting potential economic challenges. Southern and Eastern European nations overall displayed stronger growth percentages compared to their Western counterparts, highlighting varying economic conditions across Europe.
Future trends to watch include potential convergence of Eastern European income levels towards Western standards, driven by economic growth and EU structural funds. Additionally, the impact of inflationary pressures and policy shifts related to the European Green Deal may influence household incomes across the continent.
Top countries in Mean Equivalised Net Income (Before Social Transfers Excluding Pensions) of Households without Dependent Children by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 59,260 | 2023 | +3.3% | +2.34% | View data |
| 2 | 2 Luxembourg | 58,770 | 2023 | +3.96% | +5.68% | View data |
| 3 | 3 Iceland | 53,920 | 2023 | +2.98% | +2.39% | View data |
| 4 | 4 Norway | 46,440 | 2023 | +0.77% | +0.76% | View data |
| 5 | 5 Denmark | 37,330 | 2023 | +0.16% | +1.73% | View data |
| 6 | 6 Ireland | 35,670 | 2023 | +3.43% | +3.45% | View data |
| 7 | 7 Austria | 33,670 | 2023 | +0.71% | +2.16% | View data |
| 8 | 8 Netherlands | 33,530 | 2023 | +2.63% | +3.53% | View data |
| 9 | 9 Sweden | 32,150 | 2023 | +2.11% | +1.16% | View data |
| 10 | 10 Finland | 31,890 | 2023 | +2.36% | +1.87% | View data |
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