In 2023, European households across various countries experienced different levels of difficulty in making ends meet. Iceland, Switzerland, and Norway topped the list with the highest shares, indicating significant challenges. Conversely, Balkan countries like Macedonia and Serbia exhibited much lower values. The year-on-year analysis showed Germany, Estonia, and Romania with notable rises in economic strain, while Finland and France experienced slight improvements. Notably, Malta and Bulgaria reported the highest positive variations.
Looking forward, expect ongoing fluctuations influenced by inflation, economic policies, and geopolitical uncertainties. Economic resilience and targeted fiscal policies will play crucial roles in mitigating financial struggles for European households.
Top countries in Mean Equivalised Net Income of Households Making Ends Meet with Great Difficulty Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 7.88 | 2023 | +2.82% | +1.91% | View data |
| 2 | 2 Switzerland | 7.87 | 2023 | +3.42% | +4.18% | View data |
| 3 | 3 Norway | 5.87 | 2023 | +1.56% | +1.41% | View data |
| 4 | 4 Luxembourg | 5.72 | 2023 | +0.97% | +5.17% | View data |
| 5 | 5 Denmark | 4.94 | 2023 | -4.19% | +3.14% | View data |
| 6 | 6 Ireland | 4.74 | 2023 | +1.8% | +4.08% | View data |
| 7 | 7 Germany | 4.59 | 2023 | +7.11% | +7.92% | View data |
| 8 | 8 Belgium | 4.01 | 2023 | +1.66% | +5.2% | View data |
| 9 | 9 Finland | 4 | 2023 | -0.21% | -0.41% | View data |
| 10 | 10 Austria | 3.88 | 2023 | +0.052% | +2.16% | View data |
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