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Disposable household and per capita income

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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.

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)

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.' 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.' 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.

Location2024* (USD PPP)
United States67,468 (2023)
Luxembourg67,094
Germany59,001
Switzerland53,362 (2023)
Australia52,296 (2023)
Austria55,616
Netherlands55,556
Norway49,788 (2022)
Belgium49,749 (2023)
France48,072 (2023)
Finland48,242
United Kingdom48,166
Canada47,737
Sweden47,670
Denmark47,260
Ireland46,719
Italy46,254
Spain43,596
New Zealand39,937 (2022)
Czech Republic41,970
Japan38,010 (2023)
Portugal40,979
Slovenia40,631
South Korea35,083 (2023)
Lithuania39,565
Poland38,054
Hungary37,030
Turkey30,589 (2022)
Slovakia34,768
Estonia33,877
Greece33,326
Latvia32,167
Chile23,899 (2023)
Mexico22,029 (2023)
Costa Rica17,240 (2021)
Colombia16,452 (2023)

*Figures have been rounded to the nearest dollar; if data is unavailable for 2024, figures for 2023, 2022 or 2021 are shown.

Historical

Country2004200520062007200820092010201120122013201420152016201720182019202020212022Δ11,4973,8833,8428,8553,3178,2936,59211,7055,1035,2126,793-2,9547,7286,973-2,1764,29410,05710,58014,2576,3862,2507,16310,1998,36912,3612,2839,4267,8376538,6287,3974,65611,125
Australia31,443
Austria39,569
Belgium36,928P
Canada30,210PPPPPPPPPPPPPPPPPPP
Costa Rica14,088
Czech Republic22,870
Denmark31,761
Estonia13,968
Finland32,147
France35,569PP
Germany36,965PPPP
Greece27,353PPP
Hungary18,799P
Ireland26,413
Italy36,257
Japan27,415
Korea18,421
Latvia13,201
Lithuania17,880
Luxembourg45,560
Mexico14,914PPP
Netherlands34,697PP
New Zealand25,173
Norway35,254
Poland16,227
Portugal25,893P
Slovakia15,873
Slovenia23,160
Spain29,655PP
Sweden30,420
Switzerland38,387PP
United Kingdom31,908
United States44,407

Median equivalised household disposable income

Annual median equivalised disposable income, in 2021, USD at PPP rates, by OECD country<ref name=&quot;y148&quot;/>

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. 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.

Location2021 (USD PPP)
Luxembourg49,748
United States46,625
Norway41,621
Switzerland39,698
Canada39,388
Austria37,715
Belgium37,110
Iceland36,853
Australia36,835
Netherlands35,891
Germany35,537
Denmark34,061
Sweden33,472
New Zealand32,158
South Korea31,882
Ireland31,392
Finland30,727
France30,622
Slovenia28,698
Italy27,949
United Kingdom26,884
Spain26,630
Estonia26,075
Poland24,264
Czech Republic23,802
Israel21,366
Japan21,282
Lithuania20,856
Latvia19,908
Croatia19,680
Portugal19,147
Greece16,774
Slovak Republic16,410
Romania15,898
Hungary15,361
Bulgaria14,990
Turkey10,341
Chile10,101
Costa Rica8,915
Mexico6,090
South Africa6,068

References

References

  1. "Household accounts - Household disposable income - OECD Data".
  2. "Current well-being".
  3. "Income Distribution Database".
  4. "OECD Data Explorer, Income distribution database, Median, Disposable Income".
  5. 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.
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