Households' Income and Consumption Expenditure in the First Quarter of 2023

National Bureau of Statistics of China 2023-04-19 10:00 Print| Large| Medium| Small

I. Households' Income

 

In the first quarter of the year, the per capita disposable income of residents nationwide was 10,870 yuan, a nominal increase of 5.1 percent over the same period last year, and a real increase of 3.8 percent after deducting price factors. In terms of urban and rural areas, the per capita disposable income of urban residents was 14,388 yuan, an increase of 4.0 percent (unless otherwise specified below, it was a year-on-year nominal increase), and the actual increase was 2.7 percent after deducting price factors; the per capita disposable income of rural residents was 6,131 yuan, an increase of 6.1 percent. After deducting price factors, the actual increase was 4.8 percent.

 

According to the source of income, in the first quarter of the year, the per capita wage income of residents nationwide was 6,163 yuan, an increase of 5.0 percent, accounting for 56.7 percent of disposable income; the per capita net operating income was 1,834 yuan, an increase of 5.8 percent, accounting for 16.9 percent of disposable income; the per capita net property income was 958 yuan, an increase of 4.1 percent, accounting for 8.8 percent of disposable income; the per capita net transfer income was 1,915 yuan, an increase of 5.1 percent, accounting for 17.6 percent of disposable income.

 

In the first quarter of the year, the median per capita disposable income of residents nationwide was 8,895 yuan, an increase of 4.6 percent, and the median was 81.8 percent of the average. Among them, the median per capita disposable income of urban residents was 12,175 yuan, an increase of 3.9 percent, and the median was 84.6 percent of the average; the median per capita disposable income of rural residents was 4,864 yuan, an increase of 5.6 percent, and the median was 79.3 percent of the average.

 

Per Capita Disposable Income and Its Growth of Urban and Rural Residents in the First Quarter of 2023

 

 

II. Consumption Expenditure of Households

 

In the first quarter of the year, the per capita consumption expenditure of residents nationwide was 6,738 yuan, a nominal increase of 5.4 percent over the same period of the previous year. After deducting the impact of price factors, the actual increase was 4.0 percent. In terms of urban and rural areas, the per capita consumption expenditure of urban residents was 8,303 yuan, an increase of 4.8 percent, and after deducting price factors, the actual increase was 3.5 percent; the per capita consumption expenditure of rural residents was 4,629 yuan, an increase of 5.5 percent. After deducting price factors, the actual growth was 4.2 percent.

 

In the first quarter of the year, the national per capita consumption expenditure on food, tobacco and alcohol was 2,128 yuan, an increase of 2.1 percent, accounting for 31.6 percent of the per capita consumption expenditure; per capita clothing consumption expenditure was 438 yuan, down 3.3 percent, accounting for 6.5 percent of per capita consumption expenditure; the per capita living consumption expenditure was 1,560 yuan, an increase of 8.7 percent, accounting for 23.2 percent of the per capita consumption expenditure; the per capita consumption expenditure on household facilities, articles and services was 370 yuan, an increase of 3.9 percent, accounting for 5.5 percent of the per capita consumption expenditure; the per capita consumption expenditure of transportation and telecommunication was 824 yuan, an increase of 4.1 percent, accounting for 12.2 percent of the per capita consumption expenditure; the per capita consumption expenditure on education, culture and recreation was 637 yuan, up 9.2 percent, accounting for 9.4 percent of the per capita consumption expenditure; the per capita consumption expenditure on health care and medical services was 605 yuan, an increase of 14.7 percent, accounting for 9.0 percent of the per capita consumption expenditure; the per capita consumption expenditure on other goods and services was 176 yuan, an increase of 8.2 percent, accounting for 2.6 percent of the per capita consumption expenditure.

 

Per capita consumption expenditure and composition in the first quarter of 2023

 

 

Table 1 Income and Expenditure Nationwide in the First Quarter of 2023

 

Item

Absolute Value

Y/Y (%)

Actual Growth in Brackets

Total Per Capita Income Nationwide

10870

5.1 (3.8)

Grouped by Permanent Residence

 

 

Urban Households

14388

4.0 (2.7)

Rural Households

6131

6.1 (4.8)

Grouped by Income Source

 

 

Income of Wages and Salaries

6163

5.0

Net Business Income

1834

5.8

Net Property Income

958

4.1

Net Transfer Income

1915

5.1

Total Per Capita Income Nationwide Median

8895

4.6

Grouped by Permanent Residence

 

 

Urban Households

12175

3.9

Rural Households

4864

5.6

Total Per Capita Expenditure Nationwide

6738

5.4 (4.0)

Grouped by Permanent Residence

 

 

Urban Households

8303

4.8 (3.5)

Rural Households

4629

5.5 (4.2)

Grouped by Consumption Category

 

 

Food, tobacco and liquor

2128

2.1

Clothing

438

-3.3

Residence

1560

8.7

Household facilities, articles and services

370

3.9

Transportation and telecommunication

824

4.1

Education, culture and recreation

637

9.2

Health care and medical services

605

14.7

Miscellaneous goods and services

176

8.2

Notes:

1. 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.

2. 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%.

3. 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. 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. 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.

4. 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.

5. 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.

 

Table 2 Income and Expenditure of Urban and Rural Households in the First Quarter of 2023

 

Item

Absolute Value

(yuan)

Nominal Increase

(%)

Total Per Capita Income of Urban Households

14388

4.0

Grouped by Income Source

 

 

Income of Wages and Salaries

8714

3.8

Net Business Income

1761

6.2

Net Property Income

1538

2.9

Net Transfer Income

2375

4.0

Total Per Capita Expenditure of Urban Households

8303

4.8

Grouped by Consumption Category

 

 

Food, tobacco and liquor

2536

0.9

Clothing

546

-3.3

Residence

2038

8.4

Household facilities, articles and services

444

2.3

Transportation and telecommunication

1005

5.0

Education, culture and recreation

779

7.2

Health care and medical services

719

13.9

Miscellaneous goods and services

236

9.1

Total Per Capita Income of Rural Households

6131

6.1

Grouped by Income Source

 

 

Income of Wages and Salaries

2728

6.3

Net Business Income

1931

5.5

Net Property Income

176

6.3

Net Transfer Income

1296

6.5

Total Per Capita Expenditure of Rural Households

4629

5.5

Grouped by Consumption Category

 

 

Food, tobacco and liquor

1579

3.8

Clothing

292

-4.6

Residence

917

7.4

Household facilities, articles and services

269

6.4

Transportation and telecommunication

580

0.9

Education, culture and recreation

445

12.7

Health care and medical services

452

15.3

Miscellaneous goods and services

95

2.9

 

Annotations:

 

1. Explanatory Notes

 

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. According to the source of income, disposable income includes wage and salary income, net business income, net property income and net transfer income.

 

Consumer spending refers to all the expenditures that residents use to meet their daily needs, including both cash and physical consumption. Consumer spending includes eight categories: food, tobacco and alcohol, clothing, housing, household facilities, articles and services, transportation and telecommunication, education, culture and recreation, health care and medical services and other supplies and services.

 

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.

 

The quarterly income and expenditure data do not include the income and consumption of the self-produced and self-used parts of households, and the annual income and expenditure data includes.

 

2. Survey Methods

 

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.

 

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.

 

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. 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.

 

3. Additional Description

 

Due to the rounding of some data, there are differences between total and subtotal.