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

Barcelona Spain

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

RankCountryDisposable income per inhabitant (EURO)
1Luxembourg45,310
2Switzerland44,753
3Iceland39,918
4Norway39,206
5UK37,934
6Denmark33,260
7Netherlands29,537
8Ireland29,060
9Austria27,844
10Belgium27,314
11Sweden26,692
12Finland26,541
13Germany25,000
14France23,053
15Italy18,592
16Malta18,155
17Cyprus17,856
18Spain16,814
19Slovenia16,544
20Estonia14,827
21Czechia12,146
22Portugal11,014
23Latvia10,258
24Lithuania10,195
25Greece9,520
26Poland8,946
27Slovakia8,819
28Croatia8,760
29Hungary6,975
30Romania5,512
31Bulgaria5,378
32Serbia4,093
33Montenegro3,796
34North Macedonia2,983
35Turkey2,752
36Albania2,523

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


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Despina Wilson, D.Litt.
Despina Wilson, D.Litt. in Cultural Diplomacy and Journalism, is the Business News Editor at CEOWORLD Magazine, where she specializes in delivering strategic content at the intersection of international finance, executive positioning, and cross-cultural communication. Fluent in Spanish and English, Despina brings over 12 years of editorial and advisory experience across Latin America, the U.S., and Europe.

Before joining CEOWORLD magazine, she held senior editorial roles at finance publications in Mexico City and worked as a corporate communications advisor for multinational firms. Her writing explores macroeconomic shifts, emerging markets, corporate governance, and the PR strategies that shape public perception of top-tier companies and their leaders.

At CEOWORLD, Despina leads a multilingual editorial team that produces business content tailored for global executives navigating complex financial ecosystems. She holds a degree in Business Journalism and a certificate in Strategic Public Relations.

Despina is also a frequent speaker on Latin American investment trends, female leadership in finance, and corporate transparency. With a sharp editorial instinct and a passion for amplifying diverse perspectives, Gabriela ensures that CEOWORLD’s coverage remains forward-thinking, inclusive, and rooted in both analytical depth and brand insight.