OECD household income up 0.7% in first quarter of 2018, outpacing GDP growth

OECD Growth GDP

(OECD, 2018)

This article is brought to you in association with OECD.

Growth in real household income per capita, which provides a better picture of changes in households’ economic well-being than real GDP growth per capita, picked-up to 0.7% in the OECD area in the first quarter of 2018 compared with 0.4% in the fourth quarter of 2017, outpacing real GDP growth per capita, which slowed to 0.4% (from 0.5% in the fourth quarter of 2017). However, the totals for the OECD as a whole mask significant variations across countries.

Real household income and GDP per capita
Percentage change on the previous quarter, seasonally adjusted data

Real household income and GDP per capita, Percentage change on the previous quarter, seasonally adjusted data

‌‌‌‌* See country note for the United Kingdom in the technical note.

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