Widening inequality can also be observed when looking at the income share of the bottom 40 % of the population in the total equivalized disposable income. Their income share has been shrinking over time, from 21.5 % in 2005 to 20.9 % in 2016. In 2016, 86.9 million people — 17.3 % of the EU population — were at risk of poverty after social transfers. The number of people living in income poverty in the EU has risen substantially since 2005 (+ 8.3 %), with the largest increases occurring in recent years.
But also regarding “Income share of the bottom 40%”, Austria and Croatia show – different to EU – a positive development. However, the “risk of poverty” increased also in Austria and Croatia (and Croatia was already at a high level.).
The purchase power adjusted GDP per capita by country shows that Austria is still among the most advanced EU countries, whereas Croatia lags behind at the very end of the list.