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.
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…
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, 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, Sri Lanka saw modest growth as rampant inflation hindered any concentrated economic performance. Per capita disposable income experienced growth of less than 1%. Income inequality remained high, as well as the gender income gap, as men had…
In 2023, Sweden experienced a technical recession, resulting in decreases in average gross income and rising unemployment, leading to decreased consumer expenditure. Income inequality and the gender income gap remained other significant issues.…
In 2023, Switzerland led Western Europe with an average gross income of USD93,351, primarily due to a strong and robust job market and economic stability. Over 2023-2028, per capita disposable income is projected to increase by 5.6%, with the 55-59…
In 2023, Taiwan ranked fifth in average gross income among Asia Pacific nations, driven by moderate inflation and economic recovery. Despite a 14-year low in GDP growth due to manufacturing and export challenges, private consumption remained robust.…
In 2023, Tanzania’s average gross income ranked second lowest among Middle East and Africa countries, due to a dependence on the informal market and large rural populations. However, per capita disposable income is projected to grow by 8.6% over…
In 2023, Thailand ranked ninth in average gross income among Asia Pacific countries, supported by an unemployment rate below 1% and lower inflation of 1.2%. While the economy somewhat stagnated, government stimulus aided disposable incomes as it…
In 2023, the Czech Republic saw a significant decrease in both per capita disposable income and consumer expenditure, due to high inflation and a consequent decline in real GDP. Income inequality remains among the lowest in the region, owing to a…