The analysis of European mean equivalised net income for households making ends meet very easily indicates Switzerland and Luxembourg are leading, showing robust incomes, while Macedonia trails. Notable is the significant year-on-year increase for Latvia, Bulgaria, and Romania, surpassing 6%, demonstrating substantial income growth relative to other countries. Conversely, Ireland and the United Kingdom are experiencing mild declines. The past five years display a consistent upward trend across the majority, confirming positive but varied economic health.
Future trends to monitor include potential income growth influenced by macroeconomic factors like inflation and employment rates, regional economic policies, and shifts in the global economy affecting European households' financial well-being.
Top countries in Mean Equivalised Net Income of Households Making Ends Meet Very Easily by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 82,290 | 2023 | +3.19% | +2.26% | View data |
| 2 | 2 Luxembourg | 74,140 | 2023 | -1.52% | +3.95% | View data |
| 3 | 3 Iceland | 61,950 | 2023 | +2.49% | +1.85% | View data |
| 4 | 4 Norway | 56,870 | 2023 | -2.64% | +1% | View data |
| 5 | 5 Ireland | 51,460 | 2023 | +0.72% | -0.94% | View data |
| 6 | 6 Denmark | 50,660 | 2023 | +2.31% | +1.77% | View data |
| 7 | 7 Cyprus | 48,730 | 2023 | -0.21% | +3.16% | View data |
| 8 | 8 Italy | 48,260 | 2023 | -18.6% | +1.97% | View data |
| 9 | 9 Germany | 45,980 | 2023 | +1.24% | +1.83% | View data |
| 10 | 10 France | 44,370 | 2023 | -3.24% | -2.33% | View data |
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