In the year 2000, disposable income in the Basque Country was 12,375 euros and has risen steadily to reach 19.584 euros by 2021, an increase of 7.209 euros. This indicates that the Basque Country has improved disposable income. Disposable income in the European Union (EU27) stood at 10,700 in 200 and by 2021 was 17,800, an increase of 7,100 euros. In 2021 there was a difference of 1,784 euros between disposable income in the Basque Country and the EU27.
Disposable income in the Basque Country, which reached 19,584 euros in 2021, exceeds average disposable income in the European Union (EU27) (17,800 euros). However, there are several European regions, in particular those in the north and west, where disposable income is higher. For example, in Luxembourg in 2021, disposable income was 36,700 euros, the highest in Europe. Sweden, known for its high quality of life, had a disposable income of nearly 26,000 euros. In Germany, the benchmark economy, average disposable income in 2021 was around 28,000 euros. And Denmark, with a strong welfare state, had an average income of around 27,000 euros.
Thus, the Basque Country has a high disposable income, but in Luxembourg and Northern Europe, for example Sweden, have even higher incomes. The Nordic countries in general have a high disposable income.
In contrast, many countries in Eastern Europe, such as Bulgaria (4,500 euros in 2021) and Romania (nearly 7,000 euros), have a considerably lower disposable income.