Thus, among the members of the OECD, the greatest falls in per capita disposable income compared to the previous quarter were observed in Chili (-10.4%), as well as in Austria (-5.5%) and Spain (-4.1%). On the contrary, the best evolution was registered in Poland (+7.5%), Belgium (+3.9%) and Hungary (3.7%).
Among the countries of G7during the first quarter of 2022 disposable income per head fell by 1.9% in France and 1.8% in USAin addition to 1.7% in Germany. For their part, they increased by 0.3% in Italy.
Likewise, the OECD indicated that in contrast to the loss of household disposable income, the GDP per capita it increased by 0.2% in the first three months of the year, extending to four consecutive quarters the highest growth with respect to disposable income per head.
In this way, the per capita disposable income of the OECD was 2.9% above the data for the last quarter of 2019 in the first quarter, before the covid-19 pandemicwhile the GDP per capita is 1.6% higher.
Source: Ambito
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