Household income growth continues to outpace GDP growth
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
- Links to underlying data:
> for quarterly growth rates of real household income per capita and real GDP for all OECD countries (when available) and geographic groupings.
> for the full set of non-financial quarterly sector accounts
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