OECD household income grows slightly in the third quarter of 2020 despite GDP rebound
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4 Feb 2021 - Real household income per capita, which provides a better picture of changes in people's economic well-being, rose by only 0.6% in the OECD area in the third quarter of 2020, despite a sharp 9.1% rise in real GDP per capita. Reduced growth in household income for the OECD area as a whole was largely due to marked decreases in income levels in the United States (-4.2%) and Canada (-3.6%). In most OECD countries, however, the rebound of real GDP per capita in the third quarter of 2020 helped lift household income.
Source: OECD Household Dashboard: cross country comparisons
- Compare your country using the OECD dashboard of household statistics
- Links to underlying data:
> Household Dashboard for quarterly growth rates of real household income per capita and real GDP for all OECD countries (when available) and geographic groupings.
> Non-financial accounts by economic sector for the full set of non-financial quarterly sector accounts
