In the era of monthly income of 5.25 million won, household surplus is ”all-time high” (Statistics Korea)

Statistics Korea
3rd quarter 2024
Statistics Korea
Household trend survey results
Households with more than 1 person [including agricultural and forestry households]
Average monthly income per household
(Unit: thousand won % compared to the same quarter of the previous year)
Average monthly spending per household
(Unit: thousand won % compared to the same quarter of the previous year)
earned income
3,329 (+3.3%)
household spending
consumer spending
2,907 (+3596)
business income
987 (+0.3%6)
3,975
earnings
(+2.7%6)
Non-consumption expenditure
1,068 (+0,596)
5,255
property income
54 (+51.896)
(+4.49)
transfer income
784 (+7.7%6)
rain
ordinary income
102 (+63.996)
Consumption expenditure composition ratio
{unit:
mainstream
clothes
cigarette
shoes
communication
1.4
food accommodation
Composition ratio by income item
(unit: %)
household items
3.9
housekeeping service
4.3
property income
4.4
16.1
food products
non-ordinary income
entertainment culture
Non-alcoholic drinks
1.9
1.0
7.8
transfer income
14.9
14.9
earned income
Other products
8.0
63.3
service
consumer spending
8.6
11.2
business income
health
8.7
residential water supply
18.8
earnings
10.7
education
traffic
Income and consumption expenditure by income quintile
(Unit: thousand won % compared to the same quarter of the previous year)
earnings
consumer spending
11,543
(+6.5%)
6,360
5,255
(+1.89)
5,045
(+4.496)
4,362
3,653
(+2.59)
2,907
2,823
(+3,49) 2,689
(+6.69)
(+3.596)
1,296
(+3.596) 1,852
(+5.59)
1,182
(3.0%6)
(+5.49) (+4,896)
entire
1st quartile
2nd quartile
3rd quartile
quartile
quintile

[Pygeoseol News] In the third and fourth quarters, the household surplus, which is household extra money, was 1.28 million won, the same quarter standard.
The greatest number has emerged: income growth is higher than expenditure. 3 The average number of households in the fourth quarter was 5.25 million.
Earn 1 won and wash away 2.9 million won.
Looking at the ‘3rd and 4th quarter household trends’ announced by Statistics Korea on the 28th, the average monthly income per household in the 3rd and 4th quarters was 5.25 million.
It is 5,000 won, an increase of 4.4% compared to the same period a year ago. It has been ‘plus’ for five consecutive quarters. reflecting the price
Household real income is always 2.39.
Specifically, earned income is 3,329,000 won (3.39), business income is 987,000 won (0.396), and transfer income is 780,040 won.
000 won (77%6), all increased from a year ago:
3 The average monthly consumption expenditure per household in the fourth quarter was 2,907,000 won. 3.5% compared to the same quarter last year:
Residential-water, energy, and electricity expenditures increased by 12.6% from a year ago to 327,000 won. Actual housing costs such as Wulse (
8.4%6), home maintenance and repairs (45.69), fuel costs (6.99), etc.
Food and lodging expenses are 468,000 won. 5.69 compared to the same quarter of the previous year. Meal expenses such as eating out (5.1%6),
All accommodation expenses (14.99) increase.
There is always no spending in other products and services (90%6), health (7.996), and entertainment and culture (6.9%):