Standardised coverage and timely analysis helping you to understa...
Standardised coverage and timely analysis helping you to understand in-depth detail on the income levels and spending habits of consumers around the world.
In 2023, Austria ranked fifth among Western European nations for average gross income. Over the year, the country recorded a 2% decrease in per capita disposable income amid the environment of economic slowdown, continuously high inflationary…
In 2023, Belgium ranked sixth among Western European countries for average gross income. Over the year, the country’s per capita disposable incomes slightly increased, supported by the country’s wage indexation system. Per capita disposable income is…
Denmark’s per capita gross income is predicted to rise over 2022-2027, with Late Lifers driving luxury spending. Income inequality is predicted to increase moderately, and social class D will expand. Meanwhile, housing expenses are increasing and…
Income growth in Finland is anticipated to be sluggish due to subdued economic growth, although it is expected to maintain a high standing within the EU context. As the lowest income class experiences the fastest expansion among all income classes,…
In 2023, France ranked 11th among Western European nations for average gross income, while per capita disposable income in real terms recorded an increase over the year. However, the gender gap in terms of employment and income remains an issue in…
In 2023, Germany experienced a decrease in average per capita disposable income due to an economic contraction and a drop in labour productivity, despite maintaining a productivity level above the Western European average. Meanwhile, the gender gap…
Greece's per capita income is set to rise, driven by Later Lifers influencing luxury spending. Despite an increase in income inequality, it will remain high in global terms. Social class E will grow rapidly, while social class D will remain…
Ireland is expected to experience economic growth and increased per capita income over 2022-2027. Later Lifers are projected to dominate the top income group, influencing luxury spending. While income inequality is forecast to increase, poverty rates…
In 2023, Italy ranked 13th among Western European countries in average gross income, with a modest rise in per capita disposable income in 2023. Economic slowdown and persistent inflationary pressures constrained income growth. Furthermore, income…
Norway is expected to experience economic growth and increased per capita income over 2022-2027, with growing savings per capita. Later Lifers are predicted to be the highest earners by 2027, impacting luxury spending trends. Income inequality is…
Portugal's per capita income will notably rise. Later Lifers will lead luxury spending. Despite a projected decrease in income inequality, it will remain high in global terms. Social class C will grow rapidly, while social class D remains dominant.…
In 2023, Spain ranked 14th among Western European countries in terms of average gross income, with a decrease in per capita disposable income in the year due to an economic slowdown and a drop in labour productivity. Despite this, future projections…
Sweden’s economic trajectory projects an increase in per capita gross income over 2022-2027, shaped by Late Lifers’ dominance in the top income band. The current moderate income inequality is forecast to grow. Rising housing costs and evolving…
Stable economic growth and low unemployment are set to support steady expansion in Swiss household incomes over 2021-2040. While discretionary spending patterns will be driven by Mid-Lifers, the elderly population will hold the majority of buying…
In 2023, per capita disposable incomes increased in the Netherlands although at a slow pace as economic slowdown and persistent inflationary pressures constrained growth. Looking ahead, income distribution is expected to remain comparatively balanced…
Inflationary pressures are expected to hinder real disposable income growth and diminish purchasing power in the near future. Nevertheless, the government is implementing measures to protect vulnerable households amidst the cost-of-living crisis.…
Turkish consumer income is predicted to increase at a faster rate than in Western Europe over the period to 2027, although starting from lower initial levels. Middle-aged consumers are set to earn the most, due to better jobs and multiple income…