Income per Household Member Up 12.8%, Expenditure Down 12.1% in Q4 of 2021

Income per Household Member Up 12.8%, Expenditure Down 12.1% in Q4 of 2021

Sofia, February 15 (BTA) - The total income average per household member during the last quarter of 2021 was 2,037 leva, an increase of 12.8 per cent compared to the same period of 2020. The total expenditure average per household member was 1,885 leva, up by 12.1 per cent, said the National Statistical Institute on Tuesday.

The highest relative share of income within the total income was from wages and salaries (55.7 per cent), followed by income from pensions (31.3 per cent), and self-employment (4.9 per cent). Compared to the last quarter of 2020, the relative share of income from wages and salaries increased by 1.6 percentage points. Income from pensions increased by 1.2 percentage points, and income from self-employment decreased by 1.3 percentage points.

In nominal terms year-on-year, the average per capita income by source changed as follows: income from wages and salaries increased from 976 to 1,135 leva (by 16.2 per cent); self-employment income decreased from 112 to 100 leva (by 11.2 per cent); income from pensions increased from 544 to 637 leva (by 17 per cent); income from social benefits decreased from 50 to 46 leva (by 8 per cent).

The relative share of household income within the total income was 99.4 per cent, and income in kind was 0.6 per cent.

In the structure of total expenditure, expenditure on food and non-alcoholic beverages accounted for the largest share (29.3 per cent), followed by expenditure on housing (19.2 per cent), taxes and social insurance contributions (12.6 per cent), and transport and communication (11.3 per cent).

Year-on-year, the relative share of expenditure on food and non-alcoholic beverages increased by 0.5 percentage points and on housing, by 1 percentage point. The share of expenditure on recreation, culture and education shrank by 0.6 percentage points. Expenditure on healthcare decreased by 0.3 percentage points.

Year-on-year, in absolute terms the average expenditure per household member by group in the last quarter of 2021 grew: from 485 to 552 leva (by 13.7 per cent) on food and non-alcoholic beverages; from 71 to 78 leva (by 10.3 per cent) on alcoholic beverages and tobacco products; from 64 to 76 leva (by 18.3 per cent) on clothing and shoes; from 306 to 362 leva (by 18.1 per cent) on housing (utilities, furniture, maintenance); from 117 to 126 leva (by 7 per cent) on healthcare; from 189 to 213 leva (by 12.5 per cent) on transport and communication; from 216 to 238 leva (by 10.1 per cent) on taxes and social insurance contributions. The average expenditure per household member by group shrank on recreation, culture and education, from 61 to 56 leva (by 8.1 per cent).

Source: Sofia