Household income growth continues to outpace GDP growth
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06/02/2020 – Growth in real Household income per capita provides a better picture of changes in households’ economic well-being than real GDP growth per capita, which it outpaced for the fourth straight quarter in the third quarter of 2019. Growth in real household income per capita in the OECD area increased slightly to 0.5%, while GDP growth per capita was stable at 0.3%.
Real household income per capita and real GDP per capita
Percentage change on the previous quarter, seasonally adjusted data
- Compare your country using the OECD dashboard of household statistics
- Links to underlying data:
> Household Dashboard for quarterly growth rates of real household income per capita and real GDP for all OECD countries (when available) and geographic groupings.
> Non-financial accounts by economic sector for the full set of non-financial quarterly sector accounts