Standardised coverage and timely analysis helping you to understa...
Standardised coverage and timely analysis helping you to understand in-depth detail on the income levels and spending habits of consumers around the world.
South Korea witnessed a 1% real terms increase in per capita disposable income in 2023, with income growth mirroring economic deceleration in the country. However, the country's labour market remained robust, with the unemployment rate standing low.…
In 2023, the Philippines ranked 13th among Asia Pacific countries in terms of average gross income, and saw a 3.7% rise in per capita disposable income over the year. Growth in incomes was supported by a lower unemployment rate and an increase in…
Over the period to 2040, the US is set to see an increase in childless households, due to a low birth rate and an ageing population. Increased immigration and rising incomes are expected to drive economic growth and consumption. The US will remain…
In 2023, growth in real terms per capita disposable income levels was supported by a decrease in unemployment, lower inflationary pressures and high productivity. Income inequality remained a concern, with a significant wage gap between highly…
In 2023, Saudi Arabia saw a significant increase in per capita disposable income levels in real terms, supported by a decrease in unemployment and expansion of the non-oil private sector. However, income inequality and poverty issues persisted, with…
In 2023, Nigeria experienced a significant decrease in per capita disposable income amid the environment of economic slowdown, surging inflation and dropping labour productivity. Due to rapidly increasing costs of everyday items, notably food,…
In 2023, Peru ranked 11th among Latin American nations in terms of average gross income, with social unrest and the El Niño weather phenomenon impacting economic and, consequently, incomes growth over 2023. Projections for 2023-2028 suggest an 8.5%…
In 2023, Spain ranked 14th among Western European countries in terms of average gross income, with a decrease in per capita disposable income in the year due to an economic slowdown and a drop in labour productivity. Despite this, future projections…
In 2023, Pakistan ranked 21st out of 22 Asia Pacific countries in terms of average gross income, with economic deceleration and a decrease in remittance inflows contributing to stagnant disposable income levels growth. During 2023-2028, per capita…
In 2023, Hong Kong led the Asia Pacific region in terms of average gross income, while disposable income per capita recorded relatively strong growth due to a rebounding economy, decreased unemployment and increased labour productivity. However,…
In 2023, India ranked 16th among Asia Pacific countries in terms of average gross income. Disposable income per capita grew in 2023 driven by the country’s relatively strong economic expansion and increased labour productivity. However, income…
In 2023, South Africa experienced a decrease in per capita disposable income in real terms, largely due to economic slowdown and power outages, which affected productivity and wages. Furthermore, income inequality remained the highest globally, with…
In 2023, Japan's average gross income ranked third among Asia Pacific nations, however, the country recorded a decrease in per capita disposable income due to inflation and economic challenges. Furthermore, the situation in terms of gender equality…
In 2023, Germany experienced a decrease in average per capita disposable income due to an economic contraction and a drop in labour productivity, despite maintaining a productivity level above the Western European average. Meanwhile, the gender gap…
In 2023, Egypt’s average gross income ranked 14th among countries in Middle East and Africa, but the country saw a decrease in per capita disposable income in that year, due to slowing economic growth and surging inflation. Future income trends,…
In 2023, Malaysia ranked eighth among Asia Pacific nations in terms of average gross income. The country’s disposable income levels increased over the year, albeit at a slower pace than in 2022, reflecting the global economic challenges and…
In 2023, France ranked 11th among Western European nations for average gross income, while per capita disposable income in real terms recorded an increase over the year. However, the gender gap in terms of employment and income remains an issue in…
In 2023, China recorded growth in per capita disposable income, driven by economic expansion, lower unemployment rates and increased labour productivity. However, income inequality remained high, with urban dwellers typically earning more due to…
In 2023, Colombia experienced a decrease in real per capita disposable income levels amid the environment of economic slowdown, heightened inflationary pressures and a drop in labour productivity. However, projections for 2023-2028 suggest an…
In 2023, Austria ranked fifth among Western European nations for average gross income. Over the year, the country recorded a 2% decrease in per capita disposable income amid the environment of economic slowdown, continuously high inflationary…