Households' Income and Consumption Expenditure in the First Three Quarters of 2023

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

I. Households' Income

In the first three quarters of the year, the nationwide per capita disposable income of residents was 29,398 yuan, a nominal growth of 6.3 percent over the same period last year, and a real growth of 5.9 percent after deducting price factors. In terms of urban and rural areas, the per capita disposable income of urban households was 39,428 yuan, a growth of 5.2 percent (unless otherwise specified below, it was a year-on-year nominal growth), and the real growth was 4.7 percent after deducting price factors; the per capita disposable income of rural households was 15,705 yuan, a growth of 7.6 percent, and the real growth was 7.3 percent after deducting price factors.

In terms of income sources, in the first three quarters of the year, the nationwide per capita salary income was 16,747 yuan, an increase of 6.8 percent, accounting for 57.0 percent of disposable income; the per capita net business income was 4,643 yuan, an increase of 6.7 percent, accounting for 15.8 percent of disposable income; the per capita net property income was 2,554 yuan, an increase of 3.7 percent, accounting for 8.7 percent of disposable income; the per capita net income from transfers was 5,454 yuan, an increase of 5.8 percent, accounting for 18.6 percent of disposable income.

In the first three quarters of the year, the median of per capita disposable income nationwide was 24,528 yuan, an increase of 5.4 percent, and the median was 83.4 percent of the average. Among them, the median of per capita disposable income of urban households was 35,242 yuan, an increase of 4.3 percent, and the median was 89.4 percent of the average; the median of per capita disposable income of rural households was 13,396 yuan, an increase of 5.7 percent, and the median was 85.3 percent of the average.

Per Capita Disposable Income and Its Growth Rate of Urban and Rural Residents in the First Three Quarters of 2023

II. Consumption Expenditure of Households

In the first three quarters of the year, the national per capita consumption expenditure was 19,530 yuan, a nominal growth of 9.2 percent over the same period of the previous year, and after deducting price factors, the real growth was 8.8 percent. In terms of urban and rural areas, the per capita consumption expenditure of urban households was 24,315 yuan, an increase of 8.6 percent, and after deducting price factors, the real growth was 8.1 percent; the per capita consumption expenditure of rural households was 12,998 yuan, an increase of 9.3 percent, and after deducting price factors, the real growth was 9.0 percent.

In the first three quarters of the year, the national per capita consumption expenditure on food, tobacco and alcohol was 5,794 yuan, an increase of 6.7 percent, accounting for 29.7 percent of the per capita consumption expenditure; the per capita consumption expenditure on clothing was 1,055 yuan, an increase of 6.5 percent, accounting for 5.4 percent of per capita consumption expenditure; the per capita consumption expenditure on housing was 4,514 yuan, an increase of 6.4 percent, accounting for 23.1 percent of the per capita consumption expenditure; the per capita consumption expenditure on articles and services for daily use was 1,120 yuan, an increase of 7.4 percent, accounting for 5.7 percent of the per capita consumption expenditure; the per capita consumption expenditure on transportation and communication was 2,605 yuan, an increase of 11.3 percent, accounting for 13.3 percent of the per capita consumption expenditure; the per capita consumption expenditure on education, culture and recreation was 2,084 yuan, an increase of 16.4 percent, accounting for 10.7 percent of the per capita consumption expenditure; the per capita consumption expenditure on medical services and health care was 1,835 yuan, an increase of 15.0 percent, accounting for 9.4 percent of the per capita consumption expenditure; the per capita consumption expenditure on other articles and services was 522 yuan, an increase of 17.4 percent, accounting for 2.7 percent of the per capita consumption expenditure.

Per Capita Consumption Expenditure and Composition in the First Three Quarters of 2023

Table 1 Income and Expenditure Nationwide in the First Three Quarters of 2023

Item	Absolute Value	Y/Y(%) Real Growth in Brackets
Per Capita Disposable Income Nationwide	29398	6.3（5.9）
Grouped by usual residence
Urban households	39428	5.2（4.7）
Rural households	15705	7.6（7.3）
Grouped by income source
Salary income	16747	6.8
Net business income	4643	6.7
Net property income	2554	3.7
Net income from transfers	5454	5.8
Median of per Capita Disposable Income Nationwide	24528	5.4
Grouped by usual residence
Urban households	35242	4.3
Rural households	13396	5.7
National per Capita Consumption Expenditure	19530	9.2（8.8）
Grouped by usual residence
Urban households	24315	8.6（8.1）
Rural households	12998	9.3（9.0）
Grouped by consumption category
Food, tobacco and alcohol	5794	6.7
Clothing	1055	6.5
Housing	4514	6.4
Articles and services for daily use	1120	7.4
Transportation and communication	2605	11.3
Education, culture and recreation	2084	16.4
Medical services and health care	1835	15.0
Other articles and services	522	17.4
Notes: 1. Per capita disposable income nationwide = 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 period100 - 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 160,000 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 Three Quarters of 2023

Item	Absolute Value (yuan)	Nominal Growth Y/Y (%)
Per Capita Disposable Income of Urban Households	39428	5.2
Grouped by income source
Salary income	23699	5.6
Net business income	4698	7.3
Net property income	4123	2.5
Net income from transfers	6908	4.1
Per Capita Consumption Expenditure of Urban Households	24315	8.6
Grouped by consumption category
Food, tobacco and alcohol	7052	5.6
Clothing	1338	6.4
Housing	5868	5.5
Articles and services for daily use	1393	7.0
Transportation and communication	3203	12.0
Education, culture and recreation	2616	16.3
Medical services and health care	2125	13.7
Other articles and services	719	18.8
Per Capita Disposable Income of Rural Households	15705	7.6
Grouped by income source
Salary income	7256	8.3
Net business income	4568	5.8
Net property income	413	5.5
Net income from transfers	3469	8.6
Per Capita Consumption Expenditure of Rural Households	12998	9.3
Grouped by consumption category
Food, tobacco and alcohol	4076	8.1
Clothing	669	5.1
Housing	2665	6.9
Articles and services for daily use	748	6.9
Transportation and communication	1789	8.4
Education, culture and recreation	1359	15.1
Medical services and health care	1439	16.7
Other articles and services	254	9.5

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.

Consumption Expenditure of Households refers to all the expenditures that residents use to meet their daily needs, including both cash and physical consumption. Consumption expenditure 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 per capita disposable income nationwide 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 of China randomly selected 160,000 households in 1,800 counties (cities, administrative regions) of 31 provinces (autonomous regions , municipalities) 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 the total and the subtotals.