VALLETTA (MALTA) (ITALPRESS/MNA) – According to newly released Eurostat figures, Malta has recorded the strongest increase in household per capita income among EU member states since 2004, with a surge of 90 percent. The data highlights significant disparities across the bloc, with some countries seeing substantial gains while others have experienced stagnation or even decline.
Romania posted the highest overall growth at 134 percent, followed closely by Lithuania with 95 percent and Poland at 91 percent. Across the European Union, the average increase in household per capita income over the same period stood at 22 percent.
At the other end of the spectrum, several Western European economies saw far more modest gains. Spain registered the lowest increase at 11 percent, trailed by Austria at 14 percent and Belgium at 15 percent. Luxembourg, often among the bloc’s highest-income nations, recorded a relatively subdued rise of 17 percent.
Two countries, Italy and Greece, experienced declines in household per capita income. Italians saw a decrease of 5 percent, while Greeks experienced a 4 percent drop, making them the only EU members whose households are poorer today than in 2004.
The EU as a whole recorded a fall in household income only once during the period examined, in the years immediately following the financial crisis between 2011 and 2013.
(ITALPRESS).
