Disposable household and per capita income

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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.

Contents

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.

Household disposable income per capita (OECD)

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, 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.

Household disposable income per capita(including social transfers in kind)
Location2024* (USD PPP) [1]
Flag of the United States.svg United States 67,468 (2023)
Flag of Luxembourg.svg Luxembourg 59,508 (2023)
Flag of Germany.svg Germany 59,001
Flag of Switzerland (Pantone).svg  Switzerland 53,362 (2023)
Flag of Australia (converted).svg Australia 52,296 (2023)
Flag of Austria.svg Austria 51,136 (2023)
Flag of the Netherlands.svg Netherlands 55,556
Flag of Norway.svg Norway 49,788 (2022)
Flag of Belgium (civil).svg Belgium 49,749 (2023)
Flag of France.svg France 48,072 (2023)
Flag of Finland.svg Finland 48,242
Flag of the United Kingdom.svg United Kingdom 45,486 (2023)
Flag of Canada (Pantone).svg Canada 47,737
Flag of Sweden.svg Sweden 47,670
Flag of Denmark.svg Denmark 47,260
Flag of Italy.svg Italy 45,926
Flag of Ireland.svg Ireland 42,826 (2023)
Flag of Spain.svg Spain 39,965 (2023)
Flag of New Zealand.svg New Zealand 39,937 (2022)
Flag of the Czech Republic.svg Czech Republic 41,970
Flag of Japan.svg Japan 38,010 (2023)
Flag of Portugal (official).svg Portugal 40,615
Flag of Slovenia.svg Slovenia 35,273 (2023)
Flag of South Korea.svg South Korea 35,083 (2023)
Flag of Hungary.svg Hungary 33,330 (2023)
Flag of Poland.svg Poland 33,089 (2023)
Flag of Lithuania.svg Lithuania 32,107 (2023)
Flag of Slovakia.svg Slovakia 34,067
Flag of Greece.svg Greece 31,164 (2023)
Flag of Turkey.svg Turkey 30,589 (2022)
Flag of Estonia.svg Estonia 30,354 (2023)
Flag of Latvia.svg Latvia 25,883 (2023)
Flag of Chile.svg Chile 23,899 (2023)
Flag of Mexico.svg Mexico 22,029 (2023)
Flag of Costa Rica.svg Costa Rica 17,240 (2021)
Flag of Colombia.svg Colombia 16,452 (2023)

*Figures have been rounded to the nearest dollar; if data is unavailable for 2023, figures for 2022 or 2021 are shown.

Historical

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
Country2004200520062007200820092010201120122013201420152016201720182019202020212022Δ
Flag of Australia (converted).svg Australia 31,44331,73132,88534,15935,90935,61937,07337,67337,20637,65738,18138,21738,57138,83039,31440,52542,02242,94011,497
Flag of Austria.svg Austria 39,56940,80841,74342,59542,98942,87142,47842,19642,59341,75141,77141,33641,87442,25242,57742,83741,47342,78143,4523,883
Flag of Belgium (civil).svg Belgium 36,92837,06637,66138,27638,82738,90638,33437,95738,04338,00138,08438,16438,57339,06739,32740,12940,11041,28940,770P3,842
Flag of Canada (Pantone).svg Canada 30,210P30,482P31,772P32,548P33,431P33,732P34,497P34,699P35,082P35,476P35,520P36,292P35,879P36,739P36,909P37,277P39,204P39,582P39,065P8,855
Flag of Costa Rica.svg Costa Rica 14,08814,27414,55415,03815,95316,95717,23617,4053,317
Flag of the Czech Republic.svg Czech Republic 22,87023,64124,52525,09025,36025,77225,90725,64825,43025,39926,00326,76127,48728,64629,69530,66330,76632,04531,1638,293
Flag of Denmark.svg Denmark 31,76132,34733,02032,81832,74733,45234,42434,58434,42834,68035,01836,02536,93037,35437,81438,39237,93938,36838,3536,592
Flag of Estonia.svg Estonia 13,96815,43817,43418,78820,09318,56717,88318,51118,52519,52620,38821,60522,49623,28824,59525,49425,88527,03625,67311,705
Flag of Finland.svg Finland 32,14732,51233,05733,98134,60234,71835,39635,49535,31735,16334,86135,13935,69835,96636,56737,29537,36637,93937,2505,103
Flag of France.svg France 35,56935,73636,38137,21337,20337,68538,16438,10937,95237,53437,86238,08338,58339,05239,31339,92339,21840,583P40,781P5,212
Flag of Germany.svg Germany 36,96537,28537,74537,89338,31138,32238,73839,37239,63739,65340,15640,77641,71642,24143,01443,338P43,858P44,059P43,758P6,793
Flag of Greece.svg Greece 27,35327,42928,82229,65529,82429,93327,36724,12021,39420,34920,78221,26621,38721,31521,60422,94722,288P23,871P24,399P-2,954
Flag of Hungary.svg Hungary 18,79919,66420,04419,16918,83918,18218,08118,75218,23518,60019,16019,87120,68121,87323,42224,45824,12725,58726,527P7,728
Flag of Ireland.svg Ireland 26,41327,77728,18429,00529,93729,54128,68527,33227,42426,85626,81927,73128,61529,75130,25531,26533,12933,62133,3866,973
Flag of Italy.svg Italy 36,25736,27936,45636,69335,89535,06234,42334,08232,28932,03432,19232,56032,98033,35233,71133,81033,22334,41634,081-2,176
Flag of Japan.svg Japan 27,41527,90628,29528,61728,33428,54128,95729,09929,51529,71129,33729,69830,16330,42030,66031,12432,36631,76831,7094,294
Flag of Korea (1899).svg Korea 18,42118,80919,41720,22920,51320,74221,50521,82122,24623,04323,71424,93625,26325,65026,40427,16527,92628,47810,057
Flag of Latvia.svg Latvia 13,20114,72716,71818,18918,91216,78316,30415,77516,56817,17217,95319,17220,18321,13622,20722,65723,15924,39723,78110,580
Flag of Lithuania.svg Lithuania 17,88019,16621,22521,84123,64421,45921,77422,35022,91823,87224,32225,41027,19127,75628,93430,93332,86333,68532,13714,257
Flag of Luxembourg.svg Luxembourg 45,56044,60445,22545,78246,05347,17847,21247,02947,33648,43648,44647,81647,33348,37249,00750,01752,10752,10151,9466,386
Flag of Mexico.svg Mexico 14,914P14,91215,74015,62415,48315,28115,40916,35616,44916,67216,87917,72517,69217,55517,50917,80816,45417,490P17,164P2,250
Flag of the Netherlands.svg Netherlands 34,69734,64536,00436,68837,15537,73137,68537,77737,46837,01037,38837,74638,28638,45439,17539,94040,39341,497P41,860P7,163
Flag of New Zealand.svg New Zealand 25,17325,68626,48427,85127,20227,79428,12428,93429,13929,50929,37830,07830,88131,63232,63533,59935,37210,199
Flag of Norway.svg Norway 35,25437,57035,51936,89737,52038,57839,12539,93840,90741,71142,12043,44242,83343,25643,28943,73743,40744,83543,6238,369
Flag of Poland.svg Poland 16,22716,41917,23718,01718,78719,69420,52520,56820,79221,01422,14922,80824,06724,91825,93227,19828,33628,27428,58812,361
Flag of Portugal (official).svg Portugal 25,89326,03025,84726,09826,34727,02326,86725,77224,86724,62924,47625,22625,89526,23226,88327,88127,16428,12428,176P2,283
Flag of Slovakia.svg Slovakia 15,87316,43617,18718,81920,03220,31020,74620,20320,08019,98220,38121,43622,06222,70124,14224,79724,81125,42925,2999,426
Flag of Slovenia.svg Slovenia 23,16024,14124,69025,53626,20925,83225,68425,73624,68624,11924,35724,90125,99726,75927,83028,67129,75130,99530,9977,837
Flag of Spain.svg Spain 29,65530,20830,42030,51830,73930,83330,32529,79027,80227,54827,56728,67429,35629,78330,11230,98730,43531,203P30,308P653
Flag of Sweden.svg Sweden 30,42031,04432,17733,33533,94834,23434,83535,53836,35136,64236,96037,59238,55338,54038,63238,82138,16639,40439,0488,628
Flag of Switzerland (Pantone).svg  Switzerland 38,38739,16540,20341,37141,44541,69642,08942,19642,82843,49143,69443,92644,10943,53343,49944,05945,28445,189P45,784P7,397
Flag of the United Kingdom.svg United Kingdom 31,90832,40732,73333,56433,17933,49133,57232,67433,22233,63434,17235,78535,77435,88936,29136,87635,71237,32636,5644,656
Flag of the United States.svg United States 44,40744,40245,43445,95446,36046,24246,66547,20848,06647,08948,20049,60550,22051,28352,67854,04057,37459,03755,53211,125

Median equivalised disposable income

Annual median equivalised disposable income, in 2021, USD at PPP rates, by OECD country Annual median equivalised disposable income per person, by OECD country.png
Annual median equivalised disposable income, in 2021, USD at PPP rates, by OECD country

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 disposable income
Location2021 (USD PPP)
Flag of Luxembourg.svg Luxembourg 49,748
Flag of the United States.svg United States 48,625
Flag of Norway.svg Norway 41,621
Flag of Switzerland (Pantone).svg  Switzerland 39,698
Flag of Canada (Pantone).svg Canada 39,388
Flag of Austria.svg Austria 37,715
Flag of Belgium (civil).svg Belgium 37,110
Flag of Iceland.svg Iceland 36,853
Flag of Australia (converted).svg Australia 36,835
Flag of the Netherlands.svg Netherlands 35,891
Flag of Germany.svg Germany 35,537
Flag of Denmark.svg Denmark 34,061
Flag of Sweden.svg Sweden 33,472
Flag of New Zealand.svg New Zealand 32,158
Flag of South Korea.svg South Korea 31,882
Flag of Ireland.svg Ireland 31,392
Flag of Finland.svg Finland 30,727
Flag of France.svg France 30,622
Flag of Slovenia.svg Slovenia 28,698
Flag of Italy.svg Italy 27,949
Flag of the United Kingdom.svg United Kingdom 26,884
Flag of Spain.svg Spain 26,630
Flag of Estonia.svg Estonia 26,075
Flag of Poland.svg Poland 24,264
Flag of the Czech Republic.svg Czech Republic 23,802
Flag of Israel.svg Israel 21,366
Flag of Japan.svg Japan 21,282
Flag of Lithuania.svg Lithuania 20,856
Flag of Latvia.svg Latvia 19,908
Flag of Croatia.svg Croatia 19,680
Flag of Portugal (official).svg Portugal 19,147
Flag of Greece.svg Greece 16,774
Flag of Slovakia.svg Slovak Republic 16,410
Flag of Hungary.svg Hungary 15,361
Flag of Romania.svg Romania 15,898
Flag of Bulgaria.svg Bulgaria 14,990
Flag of Turkey.svg Turkey 10,341
Flag of Chile.svg Chile 10,101
Flag of Costa Rica.svg Costa Rica 8,915
Flag of Mexico.svg Mexico 6,090
Flag of South Africa.svg South Africa 6,068

See also

References

  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".