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Majority of EU households have stable income

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BM.GE
24.11.22 13:30
513
In 2021, 84.0% of the EU population lived in a household whose net income either remained stable (66.5%) or increased (17.5%) compared with 2020. On the contrary, 16.0% of the EU population reported a decrease.

The share of the population living in a household with a more or less stable income in 2021 compared with the previous year was above 50.0% in all the EU Member States, ranging from 50.7% in Cyprus to 84.0% in Italy, EuroStat reports.

The share of the population that declared an increase in their household income ranged from 4.9% in Italy to 34.8% in Czechia, while the share that declared a decrease ranged from 5.4% in Romania to 27.6% in Cyprus.

In 17 of the EU Member States, the share of the population that reported an increase in income was higher than the share that reported a decrease. The difference was more than 10 percentage points (pp) in 8 of these Member States. On the other hand, the share of the population that reported a decrease in income was higher than the share that reported an increase in 9 Member States with the difference being below 10 pp in 8 of these Member States.

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