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.

Household disposable income per capita (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, 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.

More information Location, 2022* (USD PPP) ...
Household disposable income per capita (including social transfers in kind)
Location 2022* (USD PPP)[1]
 United States62,300 (2021)
 Luxembourg59,700
  Switzerland52,000
 Germany51,600
 Austria50,200
 Netherlands48,800
 Norway47,700 (2021)
 Belgium47,400
 Australia46,800 (2021)
 France45,548
 Sweden43,900
 Finland43,600
 Canada43,600
 Denmark42,800
 United Kingdom43,038
 European Union41,500
 Italy41,075
 Ireland38,300
 Slovenia36,600
 Lithuania36,300
 Czechia35,600
 Spain34,500
 Portugal34,500
 Japan33,900 (2021)
 South Korea32,700
 Poland32,200
 New Zealand31,900 (2019)
 Turkey30,600
 Hungary29,800
 Slovakia29,500
 Estonia29,200
 Latvia28,600
 Greece28,000
 Chile23,100 (2021)
 Russia20,600 (2019)
 Mexico20,500
 Costa Rica17,900 (2021)
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*Figures have been rounded to the nearest hundred; if data is unavailable for 2022, figures for 2021, 2020 or 2019 are shown.

Median equivalised disposable income

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Annual median equivalised disposable income per person, by OECD country[2]

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.[3][4] 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.[2]

More information Location, 2021 (USD PPP) ...
Median equivalised disposable income
Location 2021 (USD PPP)
 Luxembourg49,748
 United States48,625
 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
 Hungary15,361
 Romania15,898
 Bulgaria14,990
 Turkey10,341
 Chile10,101
 Costa Rica8,915
 Mexico6,090
 South Africa6,068
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