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Disposable household and per capita income

From Wikipedia, the free encyclopedia

Household income is a measure of income received by the household sector. It includes every form of cash income, e.g., salaries and wages, retirement income, investment income and cash transfers from the government. It may include near-cash government transfers like food stamps, and it may be adjusted to include social transfers in-kind, such as the value of publicly provided health care and education.

Household income can be measured on various bases, such as per household income, per capita income, per earner income, or on an equivalised basis. Because the number of people or earners per household can vary significantly between regions and over time, the choice of measurement basis can impact household income rankings and trends.

When taxes and mandatory contributions are subtracted from household income, the result is called net or disposable household income. A region's mean or median net household income can be used as an indicator of the purchasing power or material well-being of its residents. Mean income (average) is the amount obtained by dividing the total aggregate income of a group by the number of units in that group. Median income is the amount that divides the income distribution into two equal groups, half having income above that amount, and half having income below that amount.

Disposable income per capita of households and NPISH (OECD)

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The list below represents a national accounts-derived indicator for a country or territory's gross household disposable income per capita (including social transfers in kind). According to the OECD, 'household disposable income is income available to households such as wages and salaries, income from self-employment and unincorporated enterprises, income from pensions and other social benefits, and income from financial investments (less any payments of tax on income or wealth, social insurance contributions and interest on financial liabilities). 'Gross' means that depreciation costs are not subtracted.'[1] This indicator also takes account of social transfers in kind 'such as health or education provided for free or at reduced prices by governments and not-for-profit organisations.'[1] The data shown below is published by the OECD and is presented in purchasing power parity (PPP) in order to adjust for price differences between countries.

Gross household disposable income per capita (including social transfers in kind)
Location 2024* (USD PPP)[1]
Image United States71,300
Image Luxembourg70,150
Image Germany61,303
Image Austria57,890
Image Netherlands57,419
Image Australia56,019
Image Belgium54,862
Image France53,701
Image Iceland52,641
Image United Kingdom49,367
Image Denmark49,099
Image Finland48,805
Image Sweden48,314
Image Ireland47,972
Image Italy47,463
Image Canada46,972
Image Spain44,600
Image Czech Republic42,601
Image Portugal41,952
Image Slovenia41,839
Image Japan40,482
Image Lithuania40,432
Image New Zealand40,028 (2022)
Image South Korea39,796
Image Poland39,186
Image Hungary37,697
Image Slovakia35,759
Image Estonia34,450
Image Greece33,888
Image Turkey33,471
Image Latvia31,873
Image Chile26,586
Image Mexico23,311
Image Colombia20,846
Image Costa Rica17,893 (2021)

*Figures have been rounded to the nearest dollar; if data is unavailable for 2024, figures for 2023, 2022 or 2021 are shown but figures from different years are not directly comparable.

Historical

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Households and NPISHs net adjusted disposable income per capita[2] US dollars per person, PPP converted, 2021   Y/y increase   Y/y decrease; P — provisional data
Country 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Δ
Image Australia31,44331,73132,88534,15935,90935,61937,07337,67337,20637,65738,18138,21738,57138,83039,31440,52542,02242,940N/a 11,497
Image Austria39,56940,80841,74342,59542,98942,87142,47842,19642,59341,75141,77141,33641,87442,25242,57742,83741,47342,78143,452 3,883
Image Belgium36,92837,06637,66138,27638,82738,90638,33437,95738,04338,00138,08438,16438,57339,06739,32740,12940,11041,28940,770P 3,842
Image Canada30,210P30,482P31,772P32,548P33,431P33,732P34,497P34,699P35,082P35,476P35,520P36,292P35,879P36,739P36,909P37,277P39,204P39,582P39,065P 8,855
Image Costa RicaN/aN/aN/aN/aN/aN/aN/aN/a14,08814,27414,55415,03815,95316,95717,23617,405N/aN/aN/a 3,317
Image Czech Republic22,87023,64124,52525,09025,36025,77225,90725,64825,43025,39926,00326,76127,48728,64629,69530,66330,76632,04531,163 8,293
Image Denmark31,76132,34733,02032,81832,74733,45234,42434,58434,42834,68035,01836,02536,93037,35437,81438,39237,93938,36838,353 6,592
Image Estonia13,96815,43817,43418,78820,09318,56717,88318,51118,52519,52620,38821,60522,49623,28824,59525,49425,88527,03625,673 11,705
Image Finland32,14732,51233,05733,98134,60234,71835,39635,49535,31735,16334,86135,13935,69835,96636,56737,29537,36637,93937,250 5,103
Image France35,56935,73636,38137,21337,20337,68538,16438,10937,95237,53437,86238,08338,58339,05239,31339,92339,21840,583P40,781P 5,212
Image Germany36,96537,28537,74537,89338,31138,32238,73839,37239,63739,65340,15640,77641,71642,24143,01443,338P43,858P44,059P43,758P 6,793
Image Greece27,35327,42928,82229,65529,82429,93327,36724,12021,39420,34920,78221,26621,38721,31521,60422,94722,288P23,871P24,399P -2,954
Image Hungary18,79919,66420,04419,16918,83918,18218,08118,75218,23518,60019,16019,87120,68121,87323,42224,45824,12725,58726,527P 7,728
Image Ireland26,41327,77728,18429,00529,93729,54128,68527,33227,42426,85626,81927,73128,61529,75130,25531,26533,12933,62133,386 6,973
Image Italy36,25736,27936,45636,69335,89535,06234,42334,08232,28932,03432,19232,56032,98033,35233,71133,81033,22334,41634,081 -2,176
Image Japan27,41527,90628,29528,61728,33428,54128,95729,09929,51529,71129,33729,69830,16330,42030,66031,12432,36631,76831,709 4,294
Image Korea18,42118,80919,41720,22920,51320,74221,50521,82122,24623,04323,71424,93625,26325,65026,40427,16527,92628,478N/a 10,057
Image Latvia13,20114,72716,71818,18918,91216,78316,30415,77516,56817,17217,95319,17220,18321,13622,20722,65723,15924,39723,781 10,580
Image Lithuania17,88019,16621,22521,84123,64421,45921,77422,35022,91823,87224,32225,41027,19127,75628,93430,93332,86333,68532,137 14,257
Image Luxembourg45,56044,60445,22545,78246,05347,17847,21247,02947,33648,43648,44647,81647,33348,37249,00750,01752,10752,10151,946 6,386
Image Mexico14,914P14,91215,74015,62415,48315,28115,40916,35616,44916,67216,87917,72517,69217,55517,50917,80816,45417,490P17,164P 2,250
Image Netherlands34,69734,64536,00436,68837,15537,73137,68537,77737,46837,01037,38837,74638,28638,45439,17539,94040,39341,497P41,860P 7,163
Image New Zealand25,17325,68626,48427,85127,20227,79428,12428,93429,13929,50929,37830,07830,88131,63232,63533,59935,372N/aN/a 10,199
Image Norway35,25437,57035,51936,89737,52038,57839,12539,93840,90741,71142,12043,44242,83343,25643,28943,73743,40744,83543,623 8,369
Image Poland16,22716,41917,23718,01718,78719,69420,52520,56820,79221,01422,14922,80824,06724,91825,93227,19828,33628,27428,588 12,361
Image Portugal25,89326,03025,84726,09826,34727,02326,86725,77224,86724,62924,47625,22625,89526,23226,88327,88127,16428,12428,176P 2,283
Image Slovakia15,87316,43617,18718,81920,03220,31020,74620,20320,08019,98220,38121,43622,06222,70124,14224,79724,81125,42925,299 9,426
Image Slovenia23,16024,14124,69025,53626,20925,83225,68425,73624,68624,11924,35724,90125,99726,75927,83028,67129,75130,99530,997 7,837
Image Spain29,65530,20830,42030,51830,73930,83330,32529,79027,80227,54827,56728,67429,35629,78330,11230,98730,43531,203P30,308P 653
Image Sweden30,42031,04432,17733,33533,94834,23434,83535,53836,35136,64236,96037,59238,55338,54038,63238,82138,16639,40439,048 8,628
Image  Switzerland38,38739,16540,20341,37141,44541,69642,08942,19642,82843,49143,69443,92644,10943,53343,49944,05945,28445,189P45,784P 7,397
Image United Kingdom31,90832,40732,73333,56433,17933,49133,57232,67433,22233,63434,17235,78535,77435,88936,29136,87635,71237,32636,564 4,656
Image United States44,40744,40245,43445,95446,36046,24246,66547,20848,06647,08948,20049,60550,22051,28352,67854,04057,37459,03755,532 11,125

Median equivalised household disposable income

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Image
Annual median equivalised disposable income, in 2021, USD at PPP rates, by OECD country[3]

The median equivalised household disposable income is the median of the disposable income which is equivalised by dividing income by the square root of household size; the square root is used to acknowledge that people sharing accommodation benefit from pooling at least some of their living costs.[4][5] The median equivalised disposable income for individual countries corrected for purchasing power parity (PPP) for 2021 in United States dollars is shown in the below table.[3]

Median equivalised household disposable income
Location 2021 (USD PPP)
Image Luxembourg49,748
Image United States46,625
Image Norway41,621
Image  Switzerland39,698
Image Canada39,388
Image Austria37,715
Image Belgium37,110
Image Iceland36,853
Image Australia36,835
Image Netherlands35,891
Image Germany35,537
Image Denmark34,061
Image Sweden33,472
Image New Zealand32,158
Image South Korea31,882
Image Ireland31,392
Image Finland30,727
Image France30,622
Image Slovenia28,698
Image Italy27,949
Image United Kingdom26,884
Image Spain26,630
Image Estonia26,075
Image Poland24,264
Image Czech Republic23,802
Image Israel21,366
Image Japan21,282
Image Lithuania20,856
Image Latvia19,908
Image Croatia19,680
Image Portugal19,147
Image Greece16,774
Image Slovak Republic16,410
Image Romania15,898
Image Hungary15,361
Image Bulgaria14,990
Image Turkey10,341
Image Chile10,101
Image Costa Rica8,915
Image Mexico6,090
Image South Africa6,068

See also

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References

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  1. 1 2 3 "Household accounts - Household disposable income - OECD Data". theOECD.
  2. ↑ "Current well-being". OECD Data Explorer. Retrieved 2024-03-01.
  3. 1 2 OECD (20 June 2024). Society at a Glance 2024: OECD Social Indicators, Figure 4.1 Median income varies by a factor eight across OECD countries. OECD.
  4. ↑ "Income Distribution Database".
  5. ↑ "OECD Data Explorer, Income distribution database, Median, Disposable Income".
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