According to income sources, in 2021, the per capita wage income of residents nationwide was 19,629 yuan, an increase of 9.6 percent, accounting for 55.9 percent of disposable income; the per capita net operating income was 5,893 yuan, an increase of 11.0 percent, accounting for 16.8 percent of disposable income; the per capita net property income was 3,076 yuan, an increase of 10.2 percent, accounting for 8.8 percent of disposable income; the per capita net transfer income was 6,531 yuan, an increase of 5.8 percent, accounting for 18.6 percent of disposable income. "The average per-capita annual income in China is 30,000 yuan (USD 4,193), but there are over 600 million people whose monthly income is barely 1,000 . The average income in the United Kingdom is . Both of these are ways of understanding income distribution . 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. Amit Dave/Reuters Average yearly income (USD): $ 2,020 Cost of living index: 31.3 23. The ideal entry-level account for individual users. The updated data on GNI per capita data for 2019 can be accessed here. National Bureau of Statistics of China. List by GDP at PPP (Purchasing Power Parity) and by Nominal GDP. 4. Statista. In the latest reports, Retail Sales of China grew 18.400 % YoY in Apr 2023. 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. In, National Bureau of Statistics of China. From Wikipedia, the free encyclopedia Not to be confused with List of countries by GDP (nominal) per capita. . Consumer spending refers to all the expenditures that residents use to meet their daily needs, including both cash and physical consumption. China: $16,842 : $8,612: 98% ; 80: Maldives . [1] Instant access to full history data in excel. See the table below for more data. In the latest reports, Retail Sales of China grew 18.400 % YoY in Apr 2023. 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. Please create an employee account to be able to mark statistics as favorites. 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. Statista. As a Premium user you get access to the detailed source references and background information about this statistic. "Annual disposable income per capita of households in China in 2021, by geographic region (in yuan)." Average annual per capita disposable income of urban and . [1] OECD statistics Maternity. You need at least a Starter Account to use this feature. One yuan equals approximately 0.14 U.S. dollars and 0.14 euros (as of December 2022). It often indicates a user profile. Profit from the additional features of your individual account. Use Ask Statista Research Service. Distorted GDP-per-capita for tax havens Find your information in our database containing over 20,000 reports, people were living in urban areas of China. Average Salary in China 2022 : Read More: Average Salary in Ireland Average Salary in China 2022 by job titles: Job Title Average Salary . The average growth rate in two years was 6.9 percent. Get quick analyses with our professional research service. (October 31, 2022). The average and median income are statistics reflecting the trend of households' income concentration. : 3.84: 4.31: Physicians per 1000 inh. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. 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. All rights reserved, Unlimited access tailored to your data needs. 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. 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%. 5. 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. The figure shows that China's average real per capita income is $12,472.51, which is in line with the world median income but far below the world average. Learn more about how Statista can support your business. 1. 2. Compare Wages by Country Includes Household Income per Capita on 72 economies standardised by CEIC. Show publisher information The consumption expenditure increased nominally by 1.8 percent and decreased price . Per capita annual incomes worldwide range from $280 in Burundi to $82,230 in Norway, with the U.S. in between at $56,180. To use individual functions (e.g., mark statistics as favourites, set statistic alerts) please log in with your personal account. Personal Income China - Personal Income $80.00 Add To Cart 100 Mil. Chart. Richest countries Unemployment rates Average income Income taxes Cost of living Top travel countries Corruption Tax havens Currencies. So about $30,000. This is a list of countries by gross national income per capita in 2020 at nominal values, according to the Atlas method, an indicator of income developed by the World Bank . Median income is a metric used to identify the midpoint of a given nation's income distribution. Business Solutions including all features. After deducting price factors, the actual increase was 7.1 percent; the per capita disposable income of rural residents was 18,931 yuan, an increase of 10.5 percent. Among them, the median per capita disposable income of urban residents was 40,378 yuan, an increase of 2.9 percent, which was 92.1 percent of the average; the median per capita disposable income of rural residents was 15,204 yuan, an increase of 5.7 percent, which was 88.7 percent of the average. Influenced by urbanization, population migration and other factors, the composition of population in different periods has changed, which sometimes leads to the phenomenon that the growth rate of some income and Expenditure Projects of the whole country exceeds the growth range of corresponding income and Expenditure Projects of urban and rural households. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. 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. Annual per capita income in Chinese saw a significant rise over the last decades and is still rising at a high pace. In the event of redundancy, the employee may claim unemployment benefits for a maximum of 24 months. . 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. Summary of cost of living in China: A family of four estimated monthly costs are 2,057.3$ (14,875.6) without rent. ", National Bureau of Statistics of China, Average annual per capita disposable income of households in China from 1990 to 2022 (in yuan) Statista, https://www.statista.com/statistics/278698/annual-per-capita-income-of-households-in-china/ (last visited July 09, 2023), Average annual per capita disposable income of households in China from 1990 to 2022 (in yuan) [Graph], National Bureau of Statistics of China, January 17, 2023. The World Bank estimates that this income divide explained around 40 per cent of overall income inequality in the early 2000s and around half of the increase in inequality between 1985 and 1995 (Park 2008). October 31, 2022. (January 17, 2023). The median income is the income amount that divides a population into two equal groups, half having an income above that amount, and half having an income below that amount. I. Households' Income In 2020, China's per capita disposable income reached 32,189 yuan, a nominal increase of 4.7 percent over the previous year, and a real increase of 2.1 percent after deducting price factors. 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. liability for the information given being complete or correct. The GDP per Capita in China is equivalent to 92 percent of the world's average. Figures for earlier years have been taken from previous publications. source: World Bank 10Y 25Y 50Y MAX Chart Compare Export API Embed China GDP per capita National Bureau of Statistics of China. After deducting price factors, the actual growth was 11.1 percent; the per capita consumption expenditure of rural residents was 15,916 yuan, an increase of 16.1 percent. You only have access to basic statistics. Consumer spending refers to all the expenditures that residents use to meet their daily needs, including both cash and physical consumption. This is the average monthly salary including housing, transport, and other benefits. facts. "Annual Disposable Income per Capita of Households in China in 2021, by Geographic Region (in Yuan). In 2021, the per capita consumption expenditure of national residents was 24,100 yuan, a nominal increase of 13.6 percent over the previous year, and a real increase of 12.6 percent after deducting the influence of price factors; it increased by 11.8 percent over 2019, with an average growth of 5.7 percent in two years. 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 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. National Bureau of Statistics of China. One yuan equals approximately 0.15 U.S. dollars and 0.14 euros (as of January 2023). 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. China Annual Household Income per Capita reached 4,805.935 USD in Dec 2013, compared with the previous value of 4,273.467 USD in Dec 2012. To keep the income classification thresholds fixed in real terms, they are adjusted annually for inflation. 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. Compared with 2019, the average growth rate of eight categories of per capita consumption expenditure of residents in China in two years was: food, tobacco and alcohol increased by 8.6 percent, clothing increased by 3.0 percent, residence increased by 5.6 percent, daily necessities and services increased by 5.4 percent, transportation and communication increased by 5.0 percent, education, culture and entertainment increased by 1.7 percent, medical care increased by 5.4 percent, and other supplies and services increased by 4.2 percent. This statistic is not included in your account. 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. Key information about China Household Income per Capita. After deducting price factors, the average actual growth rate in two years was 5.1 percent. There is no data available for your selected dates. Instant access to full history data in excel. Influenced by urbanization, population migration and other factors, the composition of population in different periods has changed, which sometimes leads to the phenomenon that the growth rate of some income and Expenditure Projects of the whole country exceeds the growth range of corresponding income and Expenditure Projects of urban and rural households. Description of Two-year Average Growth Rate. In the event of illness/non-occupational injury, an employee can have part of the treatment cost covered by medical insurance. Directly accessible data for 170 industries from 150+ countries Around 1%. Payable monthly by credit card. In, National Bureau of Statistics of China. China; Hospital beds per 1000 inh. to incorporate the statistic into your presentation at any time. Nearly all country links in the table (except that of Zanzibar) take to articles titled "Income in country or territory " or to "Economy of country or territory ". See also: List of countries by average wage Countries or territories by GDP (PPP) per capita in 2023 >$60,000 $50,000 - $60,000 $40,000 - $50,000 $30,000 - $40,000 $20,000 - $30,000 $10,000 - $20,000 $5,000 - $10,000 $2,500 - $5,000 Download The Gross Domestic Product per capita in China was last recorded at 11560.33 US dollars in 2022. This means two working adults will by then statistically have to support roughly one person aged above 65 years. Per Capita Expenditure of Urban Households, Per Capita Expenditure of Rural Households. paralaxis/shutterstock These cookies are used to collect information about how you interact with our website and allow us to remember you. Entry level access to the CEIC platform for individual users. 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). The Special Drawing Rights (SDR) deflator is used which is a weighted average of the GDP deflators of China, Japan, the United Kingdom, the United States, and the Euro . 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If you are an admin, please authenticate by logging in again. : 3.59: 1.79: Diabetes: 5.6 %: View pricing options CEIC Flex from $49 Entry level access to the CEIC platform for individual users. Note: Renminbi (abbreviated RMB) is the official currency of China. Suitable for enterprise usage. 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Use Ask Statista Research Service. According to the source of income, in 2020, the per capita wage income of national residents was 17,917 yuan, an increase of 4.3 percent, accounting for 55.7 percent of the disposable income; the per capita net operating income was 5,307 yuan, an increase of 1.1 percent, accounting for 16.5 percent of the disposable income; the per capita net property income was 2,791 yuan, an increase of 6.6 percent, accounting for 8.7 percent of the disposable income; the per capita net transfer income was 6,173 yuan, an increase of 8.7 percent, accounting for 19.2 percent of the disposable income. Available: https://www.statista.com/statistics/278698/annual-per-capita-income-of-households-in-china/, Average annual per capita disposable income of households in China from 1990 to 2022, Immediate access to statistics, forecasts & reports, U.S. Full and unlimited access to CEIC data for multiple users. Unemployment. Due to varying update cycles, statistics can display more up-to-date 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. Yet variations across income groups are even more significant. Basic Statistic Monthly household income per person by federal unit in Brazil 2021; CNY % Change 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 0 50,000 100,000 150,000 200,000 250,000 0% 10% 20% 30% 40% 50% China: Personal Income Series Information China: Consumer Release Information Description Regions with lower income levels are mainly located in central China or in the former centers of steel and heavy industry in Northeast China, whereas the coastal regions and municipalities in. Brazil Rio, Brazil at night. 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. 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. If you decline, your information wont be tracked when you visit this website. Around 5% to 12%. 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. This is the first increase in poverty after five consecutive annual declines (Figure 8 and Table B-4). Profit from the additional features of your individual account.
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