Economy

Growth and economic well-being: fourth quarter 2017, OECD

 

OECD household income growth picks up to 0.3% in fourth quarter of 2017 but continues to lag GDP growth 

 

Download the entire news release (including graphs and tables PDF)

 

07/05/2018 - 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 in the OECD area to 0.3% in the fourth quarter of 2017 compared with 0.2% in the third quarter but was still slower than real GDP growth per capita (0.5%). 

Over the year as whole growth in real household income per capita in the OECD area slowed to 0.7% in 2017 (from 0.8% in 2016), in sharp contrast with growth in GDP per capita, which accelerated to 1.9% in 2017 (up from 1.2% in 2016).

Real household income and GDP per capita‌‌‌‌‌‌‌

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

 

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 

 

 

‌ @OECD_STAT

 

 

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