Disposable household and per capita income

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)

Current

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
Location	2022* (USD PPP)^[1]
United States	62,300 (2021)
Luxembourg	59,700
Switzerland	52,000
Germany	51,600
Austria	50,200
Netherlands	48,800
Norway	47,700 (2021)
Belgium	47,400
Australia	46,800 (2021)
France	45,548
Sweden	43,900
Finland	43,600
Canada	43,600
Denmark	42,800
United Kingdom	43,038
European Union	41,500
Italy	41,075
Ireland	38,300
Slovenia	36,600
Lithuania	36,300
Czechia	35,600
Spain	34,500
Portugal	34,500
Japan	33,900 (2021)
South Korea	32,700
Poland	32,200
New Zealand	31,900 (2019)
Turkey	30,600
Hungary	29,800
Slovakia	29,500
Estonia	29,200
Latvia	28,600
Greece	28,000
Chile	23,100 (2021)
Russia	20,600 (2019)
Mexico	20,500
Costa Rica	17,900 (2021)

*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

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]

Median equivalised disposable income
Location	2021 (USD PPP)
Luxembourg	49,748
United States	48,625
Norway	41,621
Switzerland	39,698
Canada	39,388
Austria	37,715
Belgium	37,110
Iceland	36,853
Australia	36,835
Netherlands	35,891
Germany	35,537
Denmark	34,061
Sweden	33,472
New Zealand	32,158
South Korea	31,882
Ireland	31,392
Finland	30,727
France	30,622
Slovenia	28,698
Italy	27,949
United Kingdom	26,884
Spain	26,630
Estonia	26,075
Poland	24,264
Czech Republic	23,802
Israel	21,366
Japan	21,282
Lithuania	20,856
Latvia	19,908
Croatia	19,680
Portugal	19,147
Greece	16,774
Slovak Republic	16,410
Hungary	15,361
Romania	15,898
Bulgaria	14,990
Turkey	10,341
Chile	10,101
Costa Rica	8,915
Mexico	6,090
South Africa	6,068