Households' Income and Consumption Expenditure in 2023

National Bureau of Statistics of China 2024-01-18 10:00 Print| Large| Medium| Small

I. Households' Income

In 2023, the nationwide per capita disposable income was 39,218 yuan, a nominal increase of 6.3 percent over the previous year, and the real increase of 6.1 percent after deducting price factor. In terms of urban and rural areas, the per capita disposable income of urban residents was 51,821 yuan, an increase of 5.1 percent (unless otherwise specified below, it was a year-on-year nominal increase), and the real increase was 4.8 percent after deducting price factor; the per capita disposable income of rural residents was 21,691 yuan, an increase of 7.7 percent, and the real growth was 7.6 percent after deducting price factor.

According to the source of income, in 2023, the per capita income from wages and salaries of residents nationwide was 22,053 yuan, an increase of 7.1 percent, accounting for 56.2 percent of the per capita disposable income; the per capita net business income was 6,542 yuan, an increase of 6.0 percent, accounting for 16.7 percent of the per capita disposable income; the per capita net income from properties was 3,362 yuan, an increase of 4.2 percent, accounting for 8.6 percent of disposable income; the per capita net income from transfer was 7,261 yuan, an increase of 5.4 percent, accounting for 18.5 percent of the per capita disposable income.

In 2023, the median of the nationwide per capita disposable income was 33,036 yuan, an increase of 5.3 percent, and the median was 84.2 percent of the average. Among them, the median of the per capita disposable income of urban residents was 47,122 yuan, an increase of 4.4 percent, and the median was 90.9 percent of the average; the median of the per capita disposable income of rural residents was 18,748 yuan, an increase of 5.7 percent, and the median was 86.4 percent of the average.

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

II. Consumption Expenditure of Households

In 2023, the nationwide per capita consumption expenditure was 26,796 yuan, a nominal increase of 9.2 percent over the previous year, and the real increase of 9.0 percent after deducting price factor. In terms of urban and rural areas, the per capita consumption expenditure of urban residents was 32,994 yuan, an increase of 8.6 percent, and the real increase was 8.3 percent after deducting price factor; the per capita consumption expenditure of rural residents was 18,175 yuan, an increase of 9.3 percent, and the real increase was 9.2 percent after deducting price factor.

In 2023, the nationwide per capita consumption expenditure on food, tobacco and liquor was 7,983 yuan, an increase of 6.7 percent, accounting for 29.8 percent of the per capita consumption expenditure; the per capita consumption expenditure on clothing was 1,479 yuan, an increase of 8.4 percent, accounting for 5.5 percent of the per capita consumption expenditure; the per capita consumption expenditure on residence was 6,095 yuan, an increase of 3.6 percent, accounting for 22.7 percent of the per capita consumption expenditure; the per capita consumption expenditure on household facilities, articles and services was 1,526 yuan, an increase of 6.6 percent, accounting for 5.7 percent of the per capita consumption expenditure; the per capita consumption expenditure on transportation and telecommunication was 3,652 yuan, an increase of 14.3 percent, accounting for 13.6 percent of per capita consumption expenditure; the per capita consumption expenditure on education, culture and recreation was 2,904 yuan, an increase of 17.6 percent, accounting for 10.8 percent of the per capita consumption expenditure; the per capita consumption expenditure on health care and medical services was 2,460 yuan, an increase of 16.0 percent, accounting for 9.2 percent of the per capita consumption expenditure; the per capita consumption expenditure on miscellaneous goods and services was 697 yuan, an increase of 17.1 percent, accounting for 2.6 percent of the per capita consumption expenditure.

Per capita consumption expenditure and composition in 2023

Nationwide Income and Expenditure in 2023

Item	Absolute Value	Y/Y(%) Real Growth in Brackets
Nationwide per Capita Disposable Income	39218	6.3（6.1）
Grouped by Permanent Residence
Urban residents	51821	5.1（4.8）
Rural residents	21691	7.7（7.6）
Grouped by Income Source
Income from wages and salaries	22053	7.1
Net business income	6542	6.0
Net income from properties	3362	4.2
Net income from transfer	7261	5.4
Median of the nationwide per capita disposable income	33036	5.3
Grouped by Permanent Residence
Urban residents	47122	4.4
Rural residents	18748	5.7
Nationwide per Capita Consumption Expenditure	26796	9.2（9.0）
Grouped by Permanent Residence
Urban residents	32994	8.6（8.3）
Rural residents	18175	9.3（9.2）
Grouped by Consumption Category
Food, tobacco and liquor	7983	6.7
Clothing	1479	8.4
Residence	6095	3.6
Household facilities, articles and services	1526	6.6
Transportation and telecommunication	3652	14.3
Education, culture and recreation	2904	17.6
Health care and medical services	2460	16.0
Miscellaneous goods and service	697	17.1
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 residents = (per capita disposable income of residents in the current year / per capita disposable income of residents in the previous year - 1) * 100%; actual growth rate of per capita disposable income of residents = (per capita disposable income of residents in the current year / per capita disposable income of residents in the previous year / per capita consumer price index of residents 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 items of the whole country exceeds the growth range of corresponding income and expenditure items of urban and rural residents. 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 pulldown effect on part of the income and expenditure of urban and rural residents; however, no matter in urban or rural areas, the growth effect will be reflected in the income and expenditure growth of all residents. 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 residents' 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.

Income and Consumption Expenditure of Urban and Rural Residents in 2023

Item	Absolute Value (yuan)	Growth Rate Y/Y (%)
Per Capita Disposable Income of Urban Residents	51821	5.1
Grouped by Income Source
Income from wages and salaries	31321	5.9
Net business income	5903	5.7
Net income from properties	5392	2.9
Net income from transfer	9205	3.6
Per Capita Consumption Expenditure of Urban Residents	32994	8.6
Grouped by Consumption Category
Food, tobacco and liquor	9495	6.0
Clothing	1880	8.4
Residence	7822	2.3
Household facilities, articles and services	1910	6.1
Transportation and telecommunication	4495	15.0
Education, culture and recreation	3589	17.7
Health care and medical services	2850	14.9
Miscellaneous goods and service	953	17.1
Per Capita Disposable Income of Rural Residents	21691	7.7
Grouped by Income Source
Income from wages and salaries	9163	8.4
Net business income	7431	6.6
Net income from properties	540	6.0
Net income from transfer	4557	8.4
Per Capita Consumption Expenditure of Rural Residents	18175	9.3
Grouped by Consumption Category
Food, tobacco and liquor	5880	7.2
Clothing	921	6.6
Residence	3694	5.5
Household facilities, articles and services	992	6.2
Transportation and telecommunication	2480	11.2
Education, culture and recreation	1951	15.9
Health care and medical services	1916	17.4
Miscellaneous goods and service	341	13.5

Annotations:

1. Explanatory Notes

Disposable income of Residents 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 income from wages and salaries, net business income, net income from properties and net income from transfer.

Consumption Expenditure of Residents 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 liquor, clothing, residence, household facilities, articles and services, transportation and telecommunication, education, culture and recreation, health care and medical services and miscellaneous goods and services.

The median of the nationwide per capita disposable income refers to the per capita disposable income of residents 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 residents' 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 a 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 surveyed households to record and collect the data of residents' 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 residents' 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 rounding off, there may be differences between the total and the subtotals.