Among them, the median per capita disposable income of urban residents was 43,504 yuan, an increase of 7.7 percent, and the median was 91.8 percent of the average; the median per capita disposable income of rural residents was 16,902 yuan, an increase of 11.2 percent, and the median was 89.3 percent of the average. to incorporate the statistic into your presentation at any time. Unemployment rate in China 2021, by region; Average salary of an employee in urban China 2021, by region . The average growth rate in two years was 6.9 percent. This is the average monthly salary including housing, transport, and other benefits. The average can not only directly reflect the overall situation, but also reflect the overall structure, which is convenient for the comparison of income levels of different groups, but also vulnerable to the influence of extreme data; the median reflects the situation of the object in the middle position, which is relatively stable and can avoid the influence of extreme data, but cannot reflect the structure. Directly accessible data for 170 industries from 150+ countries Around 0.5% to 1%. and over 1Mio. In the growth column compared with the previous year, the data in brackets is the actual growth rate, while others are the nominal growth rate. It is mainly in the process of urbanization that some people with higher income in rural areas enter urban areas, but they belong to lower income groups in urban areas, and their migration has a pull down effect on part of the income and expenditure of urban and rural households; however, no matter in urban or rural areas, the growth effect will be reflected in the income and expenditure growth of all households. Consumption Expenditure of Households. (2022). October 31, 2022. Unemployment. January 17, 2023. Chart. Per capita disposable income of households = per capita disposable income of urban households * proportion of urban population + per capita disposable income of rural households * proportion of rural population. . In 2020, the per capita food, tobacco and alcohol consumption expenditure of national residents was 6,397 yuan, an increase of 5.1 percent, accounting for 30.2 percent of the per capita consumption expenditure; the per capita clothing consumption expenditure was 1,238 yuan, a decrease of 7.5 percent, accounting for 5.8 percent of the per capita consumption expenditure; the per capita residential consumption expenditure was 5,215 yuan, an increase of 3.2 percent, accounting for 24.6 percent of the per capita consumption expenditure; the per capita household goods and services consumption expenditure was 1,260 yuan, a decrease of 1.7 percent, accounting for 5.9 percent of per capita consumption expenditure; the per capita transportation and communication consumption expenditure was 2,762 yuan, down 3.5 percent, accounting for 13.0 percent of per capita consumption expenditure; per capita education, culture and entertainment consumption expenditure was 2,032 yuan, down 19.1 percent, accounting for 9.6 percent of per capita consumption expenditure; per capita health care consumption expenditure was 1,843 yuan, down 3.1 percent, accounting for 8.7 percent of per capita consumption expenditure; per capita other supplies and the expenditure on service consumption was 462 yuan, down 11.8 percent, accounting for 2.2 percent of the per capita consumption expenditure. (October 2020) Historically, the Chinese economy was characterized by widespread poverty, extreme income inequalities, and endemic insecurity of livelihood. Brazil Rio, Brazil at night. In terms of urban and rural areas, the per capita consumption expenditure of urban residents was 30,307 yuan, an increase of 12.2 percent. This text provides general information. 5. In 2021, the per capita disposable income of residents in China reached 35,128 yuan, a nominal increase of 9.1 percent over the previous year, and a real increase of 8.1 percent after deducting price factors; the growth rate was 14.3 percent higher than that in 2019 (it was the nominal growth rate year-on-year unless otherwise stated). The average and median income are statistics reflecting the trend of households' income concentration. The average can not only directly reflect the overall situation, but also reflect the overall structure, which is convenient for the comparison of income levels of different groups, but also vulnerable to the influence of extreme data; the median reflects the situation of the object in the middle position, which is relatively stable and can avoid the influence of extreme data, but cannot reflect the structure. After deducting price factors, the actual increase was 15.3 percent. In rural areas, the average disposable income drops to $1,000, but in China's largest cities like Shanghai, Beijing and Shenzhen, it's around $12,000 a year, per person. "Annual Disposable Income per Capita of Households in China in 2021, by Geographic Region (in Yuan). In terms of urban and rural areas, the per capita disposable income of urban residents was 47,412 yuan, an increase of 8.2 percent. A single cookie will be used in your browser to remember your preference not to be tracked. Consumer spending includes eight categories: food, tobacco and alcohol, clothing, housing, daily necessities and services, transportation and communication, education, culture and recreation, medical care and other supplies and services. [1] OECD statistics The average income in the United Kingdom is . Key information about China Household Income per Capita. Nominal growth rate of per capita disposable income of households = (per capita disposable income of households in the current year / per capita disposable income of households in the previous year - 1) * 100%; actual growth rate of per capita disposable income of households = (per capita disposable income of households in the current year / per capita disposable income of households in the previous year / per capita consumer price index of households in the same period - 1) * 100%. In the latest reports, Retail Sales of China grew 18.400 % YoY in Apr 2023. "Annual disposable income per capita of households in China in 2021, by geographic region (in yuan)." Get quick analyses with our professional research service. To use individual functions (e.g., mark statistics as favourites, set The per capita income and expenditure data of the whole country is based on the basic data of sampling survey of more than 100000 households, and weighted and summarized according to the number of households represented by each sample household. National Bureau of Statistics of China. The two-year average growth rate refers to the growth rate calculated by geometric average method based on the corresponding number of the same period in 2019. Distorted GDP-per-capita for tax havens (October 31, 2022). Includes 276 key indicators for China, curated by CEIC analysts. In, National Bureau of Statistics of China. Business Solutions including all features. Please create an employee account to be able to mark statistics as favorites. The average per capita income worldwide is $10,298, according to the World Bank and the differences in income between the poorest countries and richest countries in the world is staggering. One yuan equals approximately 0.14 U.S. dollars and 0.14 euros (as of December 2022). Per Capita Expenditure of Urban Households, Per Capita Expenditure of Rural Households. Nominal growth rate of per capita disposable income of households = (per capita disposable income of households in the current year / per capita disposable income of households in the previous year - 1) * 100%; actual growth rate of per capita disposable income of households = (per capita disposable income of households in the current year / per capita disposable income of households in the previous year / per capita consumer price index of households in the same period - 1) * 100%. Use Ask Statista Research Service. In the growth column compared with the previous year, the data in brackets is the actual growth rate, while others are the nominal growth rate. It is mainly in the process of urbanization that some people with higher income in rural areas enter urban areas, but they belong to lower income groups in urban areas, and their migration has a pull down effect on part of the income and expenditure of urban and rural households; however, no matter in urban or rural areas, the growth effect will be reflected in the income and expenditure growth of all households. The per capita income and expenditure data of the whole country is based on the basic data of sampling survey of more than 100000 households, and weighted and summarized according to the number of households represented by each sample household. Eastern China refers to Beijing, Tianjin, Hebei, Shanghai, Jiangsu, Zhejiang, Fujian, Shandong, Guangdong, and Hainan;Central China refers to Shanxi, Anhui, Jiangxi, Henan, Hubei, and Hunan;Western China refers to Inner Mongolia, Guangxi, Chongqing, Sichuan, Guizhou, Yunnan, Tibet, Shaanxi, Gansu, Qinghai, Ningxia, and Xinjiang;Northeastern China refers to Liaoning, Jilin, and Heilongjiang. During the last nine years, per capita disposable income roughly doubled. If you decline, your information wont be tracked when you visit this website. Meanwhile, the global average energy-related carbon footprint is around 4.7 tonnes of CO 2 per person - the . (2023). According to the unified system and method, the survey organizations directly under the National Bureau of statistics will organize the household to record and collect the data of households' income, expenditure, family operation, production and investment; meanwhile, according to the unified questionnaire, collect other surveys such as the employment of household members and labor force, the ownership of housing and durable consumer goods, and the enjoyment of households' basic social and public services. Show sources information To keep the income classification thresholds fixed in real terms, they are adjusted annually for inflation. Show publisher information The average and median income are statistics reflecting the trend of households' income concentration. After the completion of data collection, the municipal and county survey organizations use unified methods and data processing procedures to code, review and input the original investigation data, and then directly transmit the basic household data to the National Bureau of Statistics for unified summary and calculation. Disposable income of Households refers to the sum of final consumption expenditure and savings that residents can use, that is, the income that residents can use for free disposal, including both cash income and physical income. In 2020, there were 37.2 million people in poverty, approximately 3.3 million more than in 2019 (Figure 8 and Table B-1). January 9, 2022, 8:55 pm A person working in China typically earns around 352,000 CNY per year. As a Premium user you get access to the detailed source references and background information about this statistic. Gini index: inequality of income distribution in China 2004-2021, Average salary of an employee in urban China 2021, by region, Minimum wage per hour in China 2023, by region, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. Get the best reports to understand your industry. This means two working adults will by then statistically have to support roughly one person aged above 65 years. Household surveys found that in 1985 average net per capita income for rural residents was - Y398, less than half the average per capita . Statista. See also: GDP by Country # Country GDP (PPP) per capita (2017) GDP (nominal) per capita (2017) vs. World PPP GDP per capita . : 3.84: 4.31: Physicians per 1000 inh. Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors. Italy: $169,000 . In 2021, the median per capita disposable income of residents in China was 29,975 yuan, an increase of 8.8 percent, and the median was 85.3 percent of the average. Median income is a metric used to identify the midpoint of a given nation's income distribution. Consumer spending refers to all the expenditures that residents use to meet their daily needs, including both cash and physical consumption. Nominal growth rate of per capita disposable income of households = (per capita disposable income of households in the current year / per capita disposable income of households in the previous year - 1) * 100%; actual growth rate of per capita disposable income of households = (per capita disposable income of households in the current year / per capita disposable income of households in the previous year / per capita consumer price index of households in the same period - 1) * 100%. 2. Among them, the per capita consumption expenditure of urban residents was 27,007 yuan, a decrease of 3.8 percent, after deducting the price factor, the actual decrease was 6.0 percent; the per capita consumption expenditure of rural residents was 13,713 yuan, an increase of 2.9 percent, after deducting the price factor, the actual decrease was 0.1 percent. There is no data available for your selected dates. Salaries range from 88,900 CNY (lowest average) to 1,570,000 CNY (highest average, actual maximum salary is higher). Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Disposable income of Households refers to the sum of final consumption expenditure and savings that residents can use, that is, the income that residents can use for free disposal, including both cash income and physical income. It may differ from the mean (or average) income. Salaries range from 7,410 CNY (lowest average) to 131,000 CNY (highest average, actual maximum salary is higher). The two-year average growth rate refers to the growth rate calculated by geometric average method based on the corresponding number in the same period in 2019. China Annual Household Income per Capita data is updated yearly, available from Dec 1985 to Dec 2013, with an averaged value of 711.353 USD. We use this information in order to improve and customize your browsing experience and for analytics and metrics about our visitors both on this website and other media. The median of the nationwide per capita disposable income of households refers to the per capita disposable income of households which lies in the middle of all surveyed households ranked from low to high on the basis of per capita disposable income level. As a Premium user you get access to background information and details about the release of this statistic. statistic alerts) please log in with your personal account. Compare Wages by Country According to the source of income, disposable income includes wage and salary income, net business income, net property income and net transfer income. We are happy to help. The average household income of the top 10 percent of urban Chinese households (about 4.5 percent of all households) is just $2,641 per person (about $7,000 per household), still quite low by U.S. standards (table 1).2 Most Chinese households had per capita incomes less than $1,000 per year in 2003. Table 2: Income and Expenditure of Urban and Rural Households in 2020, Total Per Capita Income of Urban Households, Total Per Capita Expenditure of Urban Households, Total Per Capita Income of Rural Households, Total Per Capita Expenditure of Rural Households. Figures for earlier years have been taken from previous publications. Instant access to full history data in excel. Richest countries Unemployment rates Average income Income taxes Cost of living Top travel countries Corruption Tax havens Currencies. Then you can access your favorite statistics via the star in the header. National Bureau of Statistics of China. Per capita annual incomes worldwide range from $280 in Burundi to $82,230 in Norway, with the U.S. in between at $56,180. Learn more about how Statista can support your business. Summary of cost of living in China: A family of four estimated monthly costs are 2,057.3$ (14,875.6) without rent. and over 1Mio. Table 1 Income and Expenditure Nationwide in 2021, Total Per Capita Income Nationwide Median, Household facilities, articles and services. 1. Please create an employee account to be able to mark statistics as favorites. To find out more about the cookies we use, see our Cookies Policy. After deducting price factors, the average real growth in two years was 4.0 percent. Compared with 2019, the two-year average growth rates of various sources of per capita disposable income of residents in China are as follows: wage income increased by 6.9 percent, net operating income increased by 6.0 percent, net property income increased by 8.4 percent and net transfer income increased by 7.2 percent. You need at least a Starter Account to use this feature. Available via annual subscription to one or more of CEICs global and premium databases. Using stratified, multi-stage, probability sampling method proportional to the size of population, the National Bureau of Statistics randomly selected 160000 households in 1800 counties (cities, districts) of 31 provinces (regions, cities) as survey households. An icon in the shape of a person's head and shoulders. The top 1% of emitters globally each had carbon footprints of over 50 tonnes of CO 2 in 2021, more than 1 000 times greater than those of the bottom 1% of emitters. The total value of world income is closing in on $70 trillion (43.9tn) per year, and there are seven billion people in the world, so the average income is heading towards $10,000 (6,273). therefore providing a more accurate picture of the real differences in income. In 2020, the median per capita disposable income of residents in China was 27,540 yuan, an increase of 3.8 percent, and the median was 85.6 percent of the average. Among them, the per capita disposable income of urban residents was 43,834 yuan, an increase of 3.5 percent (if there is no special explanation below, it is the nominal growth rate on a year-on-year basis), with an actual increase of 1.2 percent after deducting the price factor; the per capita disposable income of rural residents was 17,131 yuan, an increase of 6.9 percent, with an actual increase of 3.8 percent after deducting the price factor. In the event of redundancy, the employee may claim unemployment benefits for a maximum of 24 months. In China, per-capita GDP roughly doubled from 2000 to 2006, did so again before 2013, and is expected to double once more by 2024 an annualized growth rate of 9.1% over the 25-year span. The national and sub urban and rural households' income and expenditure data comes from the household income and expenditure and living conditions survey organized and implemented by the National Bureau of Statistics, which is released quarterly. 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The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Per capita disposable income in urban and rural China 1990-2022, Total population of China from 1980 to 2022 with forecasts until 2028 (in millions), Population growth in China from 2000 to 2022, Labor force in China from 2000 to 2021 (in millions), Population in China in 2021, by province or region (in million inhabitants), Population density in China from 2011 to 2021 (inhabitants per square kilometer), Population density in China 2020, by region, Average population density in China in 2020, by province or region (in inhabitants per square kilometer), Share of ethnic minorities in China's minority autonomous regions 2020, Share of ethnic minorities in the population of China's minority autonomous regions in 2020, by province or region, Birth rate in China from 2000 to 2022 (in births per 1,000 inhabitants), Mortality rate in China from 2000 to 2022 (in deaths per 1,000 inhabitants), Fertility rate in China from 2001 to 2021 (in children per woman), Female life expectancy in China 1960-2050, Life expectancy of women at birth in China from 1960 to 2020 with forecasts until 2050 (in years), Life expectancy of men at birth in China from 1960 to 2020 with forcasts until 2050 (in years), Sex ratio in China from 1953 to 2022 (female=100), Sex ratio in China in 2021, by age group (female = 100), Age distribution in China from 2012 to 2022, Population distribution by five-year age group in China 2021, Population distribution in China in 2021, by five-year age group, Median age of the population in China 1950-2100, Median age of the population in China from 1950 to 2100 (in years), Share of working age population in China 1950-2100, Share of population aged 15 to 59 years in China from 1950 to 2020 with forecasts until 2100, Share of population aged 60 and older in China 1950-2100, Share of population aged 60 and older in China from 1950 to 2020 with forecasts until 2100, Child, old-age, and total dependency ratio in China 1950-2100, Children, old-age, and total dependency ratio in China from 1950 to 2020 with forecasts until 2100, Marriage rate in China from 2000 to 2021 (per 1,000 population), Number of registered marriages in China from 2011 to 2021 (in millions), Marriage registration in China 2021, by age group, Number of newly married people in China in 2021, by age group (in 1,000s), Number of registered marriages in China 2021, by region, Number of registered marriages in China in 2021, by region, Divorce rate in China from 2000 to 2021 (per 1,000 population), Number of divorces in China from 2011 to 2021 (in millions), Divorce rate in China in 2021, by region (per 1,000 inhabitants), Degree of urbanization in China from 1980 to 2022, Urban and rural population of China 2012-2022, Urban and rural population of China from 2012 to 2022 (in million inhabitants), Urbanization rate in China 2021, by region, Degree of urbanization in China in 2021, by province or region, Average annual per capita disposable income of urban and rural households in China from 1990 to 2022 (in yuan), Per capita consumer spending in urban and rural China 1990-2022, Average annual per capita consumption expenditure of urban and rural households in China from 1990 to 2022 (in yuan), Number of rural residents living below the poverty line in China 2000-2020, Number of rural residents living below the poverty line* in China from 2000 to 2020 (in millions), Average size of households in China 1990-2021, Average number of people living in households in China from 1990 to 2021, Urban household number in China 2010-2030, by disposable income level, Number of urban households in China from 2010 to 2030, by affluency (in millions), Per capita disposable income of urban households in China 2021, by income group, Annual per capita disposable income of urban households in China in 2021, by income quintile (in yuan), Disposable income per capita in urban China 2021, by region, Annual disposable income per capita of urban households in China in 2021, by region (in yuan), Urban household expenditure share in China 1990-2017, by type of products, Annual expenditure distribution of urban households in China from 1990 to 2017, by type of goods or services, Consumer spending distribution of urban and rural households in China 2022, by use, Breakdown of consumption expenditure of private urban and rural households in China in 2022, by use. II. Use Ask Statista Research Service. The consumption expenditure increased nominally by 1.8 percent and decreased price . The updated data on GNI per capita data for 2019 can be accessed here. In, National Bureau of Statistics of China. Per capita disposable income of households in China 1990-2022, Gini index: inequality of income distribution in China 2004-2021, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022. Annual per capita income in Chinese saw a significant rise over the last decades and is still rising at a high pace. National Bureau of Statistics of China. The average can not only directly reflect the overall situation, but also reflect the overall structure, which is convenient for the comparison of income levels of different groups, but also vulnerable to the influence of extreme data; the median reflects the situation of the object in the middle position, which is relatively stable and can avoid the influence of extreme data, but cannot reflect the structure.
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