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