U.S. Bureau of Economic Analysis, This statistic is not included in your account. January 17, 2023. This release is an extract of Section 2 of the NIPA Tables. This records an increase from the previous number of 29,975.000 RMB for 2021. and over 1Mio. Show publisher information The most. In the growth column compared with the previous year, the data in brackets is the actual growth rate, while others are the nominal growth rate. [Online]. Business Solutions including all features. The average and median income are statistics reflecting the trend of households' income concentration. It is mainly in the process of urbanization that some people with higher income in rural areas enter urban areas, but they belong to lower income groups in urban areas, and their migration has a pull down effect on part of the income and expenditure of urban and rural households; however, no matter in urban or rural areas, the growth effect will be reflected in the income and expenditure growth of all households. In late 2020, the BEA published tables showing the effects of selected Federal Pandemic response programs on Personal Income. WDI - The World by Income and Region As mentioned before, per capita income uses the entire population of a select area rather than just individuals who earn income. to incorporate the statistic into your presentation at any time. Personal Income Personal Income Personal Income and Outlays, May 2023 Personal income increased $91.2 billion (0.4 percent at a monthly rate) in May. Real Disposable Personal Income: Per Capita - St. Louis Fed In terms of urban and rural areas, the per capita consumption expenditure of urban residents was 30,307 yuan, an increase of 12.2 percent. To use individual functions (e.g., mark statistics as favourites, set Statista. Billions of Chained 2012 Dollars, Monthly, Seasonally Adjusted Annual Rate. Disposable Personal Income - by Bob Weeks (2023). Considering per capita income is such a widely used economic tool, it is important to know the important implications of such a measurement. Real Disposable Personal Income: Per Capita (A229RX0) - FRED 1. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. The two-year average growth rate refers to the growth rate calculated by geometric average method based on the corresponding number of the same period in 2019. Average annual per capita disposable income of urban and rural households in China from 1990 to 2022 (in yuan) [Graph]. Gross Per capita, percentage change, previous period Q2-2016-Q1-2021 Japan (red), OECD - Total (black) Gross Per capita, percentage change, previous period Q3-2021 OECD - Total (black) Labour compensation per hour worked Indicator: 1.2 Total Such implications are depicted below: The main purpose of per capita income to present the average income of a nation is a great tool to manage wealth among nations. We compute a ratio of annualized personal income to M2 money supply. The average and median income are statistics reflecting the trend of households' income concentration. According to the source of income, in 2020, the per capita wage income of national residents was 17,917 yuan, an increase of 4.3 percent, accounting for 55.7 percent of the disposable income; the per capita net operating income was 5,307 yuan, an increase of 1.1 percent, accounting for 16.5 percent of the disposable income; the per capita net property income was 2,791 yuan, an increase of 6.6 percent, accounting for 8.7 percent of the disposable income; the per capita net transfer income was 6,173 yuan, an increase of 8.7 percent, accounting for 19.2 percent of the disposable income. Some 71% of men are in paid work, compared with 45% of women. You need at least a Starter Account to use this feature. Household disposable income Indicator: 0.44 Gross Per capita, percentage change, previous period Q1-2021 . Among the 31 province-level regions, per capita disposable income of nine provinces and municipalities surpassed the national level, namely Shanghai, Beijing, Zhejiang, Tianjin, Jiangsu, Guangdong, Fujian, Shandong and Liaoning. Learn more about how Statista can support your business. In Japan, the average household net-adjusted disposable income per capita is USD 28 872 a year, less than the OECD average of USD 30 490 a year. Wages are based on the monthly employment payroll survey, and social security, while unemployment benefit figures are based on monthly reports from the Social Security Administration and Department of Labor. Data for the components of personal income are obtained from several government and non-government sources. CFI is the official provider of the global Certified Banking & Credit Analyst (CBCA) certification program, designed to help anyone become a world-class financial analyst. The United States Census Bureau conducts a survey of per capita income every ten years, revising the estimates each September. After the completion of data collection, the municipal and county survey organizations use unified methods and data processing procedures to code, review and input the original investigation data, and then directly transmit the basic household data to the National Bureau of Statistics for unified summary and calculation. Compared with 2019, the average growth rate of eight categories of per capita consumption expenditure of residents in China in two years was: food, tobacco and alcohol increased by 8.6 percent, clothing increased by 3.0 percent, residence increased by 5.6 percent, daily necessities and services increased by 5.4 percent, transportation and communication increased by 5.0 percent, education, culture and entertainment increased by 1.7 percent, medical care increased by 5.4 percent, and other supplies and services increased by 4.2 percent. In 2022, the national per capita disposable personal income was 55,832 U.S. dollars. Annual revisions are made every July, and comprehensive benchmark revisions are made about every five years concurrent with the NIPA updates. The census conducted by the organization measures earned income, interest income, dividends, income from trusts, and other income activities such as welfare. To use individual functions (e.g., mark statistics as favourites, set Accessed July 14, 2023. https://www.statista.com/statistics/305909/california-disposable-persona-income/, BEA. Non-residential - Commercial & Retail - Vacancy, Nominal Fixed Investment (gross fixed capital formation), Real Fixed Investment (gross fixed capital formation), Income: Per Capita Disposable personal income, Millions of U.S. dollars at chained year-2012 prices (Mil. A paid subscription is required for full access. In Colombia, the average household net-adjusted disposable income per capita is much less than the OECD average of USD 30 490 a year. Profit from the additional features of your individual account. The drawbacks are explained in detail below: When comparing per capita income over time, this measurement does not consider the adjustment needed to account for inflation. GDP per capita increased by 25.73 % and the urbanization rate increased by 180.27 %, creating an . As a Premium user you get access to the detailed source references and background information about this statistic. . If you are an admin, please authenticate by logging in again. Show sources information At that time, the countrys population was approximately 127.6 million. Canada - OECD Data As a Premium user you get access to background information and details about the release of this statistic. In 2020, the per capita food, tobacco and alcohol consumption expenditure of national residents was 6,397 yuan, an increase of 5.1 percent, accounting for 30.2 percent of the per capita consumption expenditure; the per capita clothing consumption expenditure was 1,238 yuan, a decrease of 7.5 percent, accounting for 5.8 percent of the per capita consumption expenditure; the per capita residential consumption expenditure was 5,215 yuan, an increase of 3.2 percent, accounting for 24.6 percent of the per capita consumption expenditure; the per capita household goods and services consumption expenditure was 1,260 yuan, a decrease of 1.7 percent, accounting for 5.9 percent of per capita consumption expenditure; the per capita transportation and communication consumption expenditure was 2,762 yuan, down 3.5 percent, accounting for 13.0 percent of per capita consumption expenditure; per capita education, culture and entertainment consumption expenditure was 2,032 yuan, down 19.1 percent, accounting for 9.6 percent of per capita consumption expenditure; per capita health care consumption expenditure was 1,843 yuan, down 3.1 percent, accounting for 8.7 percent of per capita consumption expenditure; per capita other supplies and the expenditure on service consumption was 462 yuan, down 11.8 percent, accounting for 2.2 percent of the per capita consumption expenditure. In terms of employment, about 77% of people aged 15 to 64 in Japan have a paid job, above the OECD employment average of 66%. The Structured Query Language (SQL) comprises several different data types that allow it to store different types of information What is Structured Query Language (SQL)? It means that people without jobs, such as children or the homeless, get accounted for within the PCI calculation. Disposable Income Formula | Examples with Excel Template - EDUCBA (January 17, 2023). China Disposable Income per Capita: Median - CEIC Data St. Louis, MO 63102, http://www.bea.gov/national/pdf/nipaguid.pdf, More The per capita income and expenditure data of the whole country is based on the basic data of sampling survey of more than 100000 households, and weighted and summarized according to the number of households represented by each sample household. After deducting price factors, the actual increase was 9.7 percent. In 2022, the average annual per capita disposable income of rural households in China was approximately 20,133 yuan, roughly 40 percent of the income of urban households. Graph and download economic data for Real Disposable Personal Income: Per Capita (A229RX0A048NBEA) from 1929 to 2022 about disposable, personal income, per capita, personal, income, real, GDP, and USA. Per capita disposable income of households = per capita disposable income of urban households * proportion of urban population + per capita disposable income of rural households * proportion of rural population. Japan - OECD Data In the growth column compared with the previous year, the data in brackets is the actual growth rate, while others are the nominal growth rate. Consumption Expenditure of Households. The per-capita or per-person average for disposable income (line 38) is given on an annualized basis, so must be divided by 12 to get the BEA's estimate for any particular month. BEA. Please create an employee account to be able to mark statistics as favorites. Nominal growth rate of per capita disposable income of households = (per capita disposable income of households in the current year / per capita disposable income of households in the previous year - 1) * 100%; actual growth rate of per capita disposable income of households = (per capita disposable income of households in the current year / per capita disposable income of households in the previous year / per capita consumer price index of households in the same period - 1) * 100%. Select. Figures for earlier years have been taken from previous publications. In 2021, the median per capita disposable income of residents in China was 29,975 yuan, an increase of 8.8 percent, and the median was 85.3 percent of the average. Real Disposable Personal Income: Per Capita (A229RX0) Observation: May 2023: 46,673 (+ more) Updated: Jun 30, 2023 Units: Chained 2012 Dollars, Seasonally Adjusted Annual Rate Frequency: Monthly 1Y | 5Y | 10Y | Max to Edit Graph EDIT LINES ADD LINE FORMAT Close Share Links Account Tools NOTES Source: U.S. Bureau of Economic Analysis After deducting price factors, the average actual growth rate in two years was 5.1 percent. facts. statistic alerts) please log in with your personal account. Per capita calorie availability follows the reverse pattern. Use Ask Statista Research Service. A paid subscription is required for full access. Learn more about how Statista can support your business. As soon as this statistic is updated, you will immediately be notified via e-mail. Data Buffet freezes a dated archival copy prior to each annual revision. Figures for earlier years have been taken from previous publications. facts. 2. Median Income by Country 2023 - World Population Review The median of the nationwide per capita disposable income of households refers to the per capita disposable income of households which lies in the middle of all surveyed households ranked from low to high on the basis of per capita disposable income level. The average can not only directly reflect the overall situation, but also reflect the overall structure, which is convenient for the comparison of income levels of different groups, but also vulnerable to the influence of extreme data; the median reflects the situation of the object in the middle position, which is relatively stable and can avoid the influence of extreme data, but cannot reflect the structure. Disposable personal income: Per capita - FRED | St. Louis Fed (January 17, 2023). All rights reserved. Per Capita Expenditure of Urban Households, Per Capita Expenditure of Rural Households. At the. Nominal growth rate of per capita disposable income of households = (per capita disposable income of households in the current year / per capita disposable income of households in the previous year - 1) * 100%; actual growth rate of per capita disposable income of households = (per capita disposable income of households in the current year / per capita disposable income of households in the previous year / per capita consumer price index of households in the same period - 1) * 100%. and over 1Mio. Disposable income per capita U.S. 2022 | Statista This is a change of 0.40% from last month and 7.44% from one year ago. Show sources information In January 2013, as tax laws increased tax rates for high-income households, there was a significant decrease in disposable personal income per capita from December 2012. ", BEA, Per capita disposable personal income in the United States from 2000 to 2022 (in billion chained 2012 U.S. dollars) Statista, https://www.statista.com/statistics/710215/us-disposable-income-per-capita/ (last visited July 14, 2023), Per capita disposable personal income in the United States from 2000 to 2022 (in billion chained 2012 U.S. dollars) [Graph], BEA, May 25, 2023. As mentioned previously, per capita income can be measured based on a specific country, city, or region within a specific time period. To keep advancing your career, the additional CFI resources below will be useful: Become a certified Financial Modeling and Valuation Analyst(FMVA) by completing CFIs online financial modeling classes! 2012 USD), Adjustment: Seasonally adjusted annualized rate (SAAR). Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 39,000+ online stores and marketplaces. January 17, 2023. Household disposable income Indicator: 0.92 Gross Per capita, percentage change, previous period Q4-2022 Canada Per capita, percentage change, previous period: Accessed July 14, 2023. https://www.statista.com/statistics/278698/annual-per-capita-income-of-households-in-china/. US Disposable Personal Income Per Capita is at a current level of 59262.00, up from 59026.00 last month and up from 55156.00 one year ago. While the state had a nominal per capita income of $49,273, its real per-capita disposable income was the highest of all states, at $54,506. Please create an employee account to be able to mark statistics as favorites. 5. The ideal entry-level account for individual users. The calculation would look something like what is shown below: For example, the national income of Mexico in 2019 was approximately 2.55 trillion dollars. USDA ERS - Food Prices and Spending OECD Better Life Index As such, people who do not earn are taken into consideration. Statista. Biden's Wage Claims: Mostly Malarkey - FactCheck.org
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