Statistical release, 13 May 2025
Real household income per capita in the OECD increased by 0.5% in Q4 2024, up from 0.2% in the previous quarter, while real GDP per capita grew by 0.4%. For the full year, income per capita rose 1.8%, slightly higher than 1.7% in 2023.
Of the 19 OECD countries with available data, 9 recorded an increase, 7 a decrease, and 3 saw no change. Among G7 economies, only the UK and US saw growth, while others either contracted or showed no growth.
Portugal saw the largest increase (6.7%), while Australia recorded the biggest decline (-1.8%). The annual rise in most countries came as inflation slowed compared with the previous year.
