These are the countries with the highest and lowest disposable income in Europe, 2024

Income inequality is a significant issue in Europe. Generally, the Western and Nordic countries have the highest levels of median disposable income, while most southern and eastern states have lower levels. I am curious to know which countries have the highest and lowest disposable income in Europe. Additionally, I would like to understand how widespread income inequality is across the continent.

The median disposable income per inhabitant in the EU ranges from €5,378 in Bulgaria to €45,310 in Luxembourg. The median disposable income for the entire EU was €19,083. Among the EU countries, Switzerland (€44,753), Iceland (€39,918), Norway (€39,206), the UK (€37,934), and Luxembourg (€45,310) had a higher median disposable income than €35,000.

When comparing the median disposable income of the four most populated EU countries, Germany had the highest income at €25,000, followed by France at €23,053, then Italy with €18,592, and finally Spain with the lowest at €16,814. The median disposable income in EU candidate countries was considerably lower at €3,000 in Albania, Turkey, and North Macedonia.

Countries with the highest and lowest disposable income in Europe, 2024

Rank	Country	Disposable income per inhabitant (EURO)
1	Luxembourg	45,310
2	Switzerland	44,753
3	Iceland	39,918
4	Norway	39,206
5	UK	37,934
6	Denmark	33,260
7	Netherlands	29,537
8	Ireland	29,060
9	Austria	27,844
10	Belgium	27,314
11	Sweden	26,692
12	Finland	26,541
13	Germany	25,000
14	France	23,053
15	Italy	18,592
16	Malta	18,155
17	Cyprus	17,856
18	Spain	16,814
19	Slovenia	16,544
20	Estonia	14,827
21	Czechia	12,146
22	Portugal	11,014
23	Latvia	10,258
24	Lithuania	10,195
25	Greece	9,520
26	Poland	8,946
27	Slovakia	8,819
28	Croatia	8,760
29	Hungary	6,975
30	Romania	5,512
31	Bulgaria	5,378
32	Serbia	4,093
33	Montenegro	3,796
34	North Macedonia	2,983
35	Turkey	2,752
36	Albania	2,523