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Growth and economic well-being: third quarter 2020, OECD

 

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.

 

‌‌‌‌Real household income per capita and real GDP per capita, Cumulative percentage change over the past three quarters, seasonally adjusted data

 Source: OECD Household Dashboard: cross country comparisons

 

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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