Europe Household Income Per Person: 2019-2024 Growth and PPS Rankings EUROSTAT

EU real household incomes per person rose 7% from 2019 to 2024, varying widely by country. Over 2014-2024, incomes increased 17% overall, with a pronounced pause in 2020. Real income measures disposable income after taxes and social contributions, plus the value of public services, adjusted for price changes. Five-year gains were strongest in non-euro countries: Croatia +26%, Malta +24%, Hungary +20%, Romania +19%, Poland +16%. The three Nordic countries recorded the weakest growth: Sweden +1%, Finland +2%, Denmark +3%. In PPP terms, Luxembourg leads at €41,552; Germany, Austria, Netherlands, and Switzerland follow. Bulgaria reports the lowest at €7,802. Eastern and Balkan countries generally lag, with Serbia at €13,311. Hungary, Romania, and, most notably, the Netherlands, improved significantly in the rankings over the decade.