Kind of funny that we have a higher consumer’s purchasing power here in Finland than in Norway, but the reason is extremely low housing costs compared to Norway (about 50% lower in Finland), and at the same time the food inflation was the lowest one in Europe in Finland, and companies managed to rise salaries about 15% during 2019-2024, versus 4% in Norway.
Probably the logic is quite similar in Sweden. In Sweden you can buy farmhouses for 10.000 euros, and in Finland cheapest apartments cost 7000 euros. It seems to be that managing costs is nowadays more important than strong growth.
oatmealer27 on
Kind of funny that PPI is high yet people complain that they have fewer kids because everything is so expensive
Decebalus_Bombadil on
Portugal balkan confirmed 🙂
chinkalichaczapuri on
Portugal being at Bosnia or Belarus level, Belgium lower than Poland or Norway lower than Sweden. Hahahahahahah what a joke ranking is this.
Vernash on
Heyheyhey, what a minute!
Not three weeks ago there was this reddit post telling me Belgians had the highest median wealth in all the world (or something along those lines). And now you tell me we are the poor man of Western Europe?
Roufianos255 on
Awful reading for Greece, man.
GhostofBallersPast on
We are simultaneously behind and ahead of everyone depending on the week when a new map gets posted here. We somehow have more money to spend but worse gdp figures, worse income and highest taxes but we have the most money over for vacations while our currency is cheap. I’m starting to think these stats are kinda shit.
Organic_Contract_172 on
These numbers are going to tank very soon because of the US’s war
MrNixxxoN on
Impressive how Spain is managing to keep it over 100 despite the socialist governtment’s efforts to ruin the country’s economy, by making it the worst possible TAX HELL and using this tax money with stupid stuff and to gift it to the lazy people all over the place.
On the other hand, I dont understand Italy’s decline, can anyone tell?
stenlis on
Jesus christ, Hungary. Back in the 1990s you probably had double the purchasing power of Romania.
Othun on
I watched I,Daniel Blake yesterday, and it’s crazy to think that the uk is high on the list.
mrreiner on
Questionable map. Take Belgium for example.
If I’m not mistaken, Belgium has an automatic wage indexation every year to keep up with inflation. In theory, this means their purchasing power should remain stable.
Also, is the baseline median or average? Because the wealth distribution in Belgium is supposed to be much more even compared to their neighbouring countries. Average numbers are therefore more skewed.
I think this is another case of mixed methodologies across countries.
13 commenti
Kind of funny that we have a higher consumer’s purchasing power here in Finland than in Norway, but the reason is extremely low housing costs compared to Norway (about 50% lower in Finland), and at the same time the food inflation was the lowest one in Europe in Finland, and companies managed to rise salaries about 15% during 2019-2024, versus 4% in Norway.
Probably the logic is quite similar in Sweden. In Sweden you can buy farmhouses for 10.000 euros, and in Finland cheapest apartments cost 7000 euros. It seems to be that managing costs is nowadays more important than strong growth.
Kind of funny that PPI is high yet people complain that they have fewer kids because everything is so expensive
Portugal balkan confirmed 🙂
Portugal being at Bosnia or Belarus level, Belgium lower than Poland or Norway lower than Sweden. Hahahahahahah what a joke ranking is this.
Heyheyhey, what a minute!
Not three weeks ago there was this reddit post telling me Belgians had the highest median wealth in all the world (or something along those lines). And now you tell me we are the poor man of Western Europe?
Awful reading for Greece, man.
We are simultaneously behind and ahead of everyone depending on the week when a new map gets posted here. We somehow have more money to spend but worse gdp figures, worse income and highest taxes but we have the most money over for vacations while our currency is cheap. I’m starting to think these stats are kinda shit.
These numbers are going to tank very soon because of the US’s war
Impressive how Spain is managing to keep it over 100 despite the socialist governtment’s efforts to ruin the country’s economy, by making it the worst possible TAX HELL and using this tax money with stupid stuff and to gift it to the lazy people all over the place.
On the other hand, I dont understand Italy’s decline, can anyone tell?
Jesus christ, Hungary. Back in the 1990s you probably had double the purchasing power of Romania.
I watched I,Daniel Blake yesterday, and it’s crazy to think that the uk is high on the list.
Questionable map. Take Belgium for example.
If I’m not mistaken, Belgium has an automatic wage indexation every year to keep up with inflation. In theory, this means their purchasing power should remain stable.
Also, is the baseline median or average? Because the wealth distribution in Belgium is supposed to be much more even compared to their neighbouring countries. Average numbers are therefore more skewed.
I think this is another case of mixed methodologies across countries.
Poor Italy, so sad for them.