The Richest Countries in Europe

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Methodology & Data Sources

Every figure on our country and ranking pages comes from Eurostat, the statistical office of the European Union. This page explains exactly which datasets we use, how the rankings are built, and where the numbers stop being a reliable guide.

What we use

Indicators and sources

Each indicator is a national average for the latest year Eurostat had published when this page was compiled. Some indicators carry more than one year because Eurostat releases them on different schedules; in every case we use the most recent value available per country.

Indicator What it measures Eurostat dataset Year(s)
Price level Comparative price level of consumer goods and services (EU=100). prc_ppp_ind 2024
Household electricity Average household electricity price per kWh. nrg_pc_204 2025-S1, 2025-S2
Housing cost overburden Share of people spending over 40% of disposable income on housing. ilc_lvho07a 2020, 2024, 2025
Housing overcrowding Share of people living in overcrowded households. ilc_lvho05a 2020, 2024, 2025
Net salary (single) Net annual earnings of a single worker on an average wage. earn_nt_net 2023, 2025
Tax wedge on labour Tax wedge on labour: income tax plus social contributions as a share of labour cost (single worker). earn_nt_taxwedge 2023, 2025
Unemployment Annual unemployment rate. une_rt_a 2024, 2025
Employment rate Employment rate, ages 20 to 64. lfsi_emp_a 2024, 2025
Minimum wage (gross) Statutory gross monthly minimum wage, where one exists. earn_mw_cur 2026-S1
GDP per capita GDP per capita in purchasing power standards (EU=100). tec00114 2024, 2025
Homicide rate Intentional homicides per 100,000 inhabitants. crim_off_cat 2024
Perceived crime Share of people reporting crime, violence or vandalism in their area. ilc_mddw03 2020, 2023
Life expectancy Life expectancy at birth, in years. demo_mlexpec 2024
Unmet healthcare need Share reporting an unmet need for medical care (cost, distance or waiting time). hlth_silc_08 2020, 2024, 2025
Life satisfaction Average self-reported life satisfaction, scale 0 to 10. ilc_pw01 2018, 2024, 2025
At-risk-of-poverty At-risk-of-poverty rate after social transfers. ilc_li02 2020, 2024, 2025
Income inequality (Gini) Gini coefficient of equivalised disposable income (0 to 100). ilc_di12 2020, 2024, 2025
Broadband coverage Share of households with broadband internet access. isoc_ci_in_h 2021, 2025

Dataset codes can be looked up directly in the Eurostat data browser at ec.europa.eu/eurostat. Eurostat data is freely reusable with attribution.


How the rankings work

Two kinds of ranking

Single-metric lists (for example the safest or most affordable countries) simply sort every European country on one Eurostat indicator, lowest or highest first depending on what “better” means for that measure. No weighting or adjustment is applied.

The “best countries to live” list uses a composite livability score. For each country we calculate its percentile rank on six indicators, price level, net salary, life satisfaction, life expectancy, employment rate and the homicide rate, then average those ranks into a single 0 to 100 score where higher is better. It is a deliberately simple, transparent blend rather than a weighted index, so you can see exactly what drives it.


Where the numbers stop

Limitations

These are national averages. Real life happens in a city or a region, and rents, salaries and even safety vary far more within a country than these figures can show, so treat every number as a starting point rather than a personal forecast. Net salary and disposable income are expressed in comparable terms, but a nominal wage still stretches differently depending on the local price level, which is why we always show the two together. Indicators come from different years, so a country’s overall picture mixes the most recent release for each measure. And a single metric, however clean, is never the whole story: use the rankings to build a shortlist, then weigh cost, income and tax for the places that make your list.


Updates

How current this is

The pages reflect the latest Eurostat releases available on 2026-06-08. Eurostat refreshes most of these datasets once or twice a year; when new figures publish, the country pages and rankings are regenerated from the same sources.

All data: Eurostat (ec.europa.eu/eurostat), latest available years, national averages. Eurostat data is freely reusable with attribution. Compiled by the Norway editorial team.