The average monthly disposable income per 1 person in 2020 amounted to PLN 1,919, which means an increase in real terms by 2% y / y, the Central Statistical Office (GUS) reported. In 2020, the average monthly expenditure per capita in households in 2020 amounted to PLN 1,210 and was lower in real terms by 6.5% (by 3.4% in nominal terms) than the expenditure in 2019.
“In 2020, the financial situation of households slightly improved despite the COVID-19 pandemic, which had a significant impact, in particular, on the level and structure of expenditure. Households had higher incomes, but were noticeably less spending compared to the previous year. response to the dynamics of the pandemic and the resulting limitations The level of the average monthly disposable income per person, amounted to PLN 1,919 in 2020 and was higher in real terms by 2% (in nominal terms by 5.4%) than the income in 2019 Thus, the upward trend in disposable income has been maintained, but its dynamics have slowed down,” according to the GUS report.
Spending on consumer goods and services amounted to PLN 1,165 and was lower in real terms by 6.2% (by 3% in nominal terms) compared to 2019.
The Central Statistical Office (GUS) reported that at the same time, compared to 2019, expenditure on food and non-alcoholic beverages as well as home use and energy carriers (which have the highest share in the expenditure structure) increased. These changes were conditioned by the changing dynamics of the COVID-19 pandemic and the related limitations.
The Central Statistical Office indicated that households of self-employed persons outside a farm had the highest average monthly disposable income per 1 person – PLN 2,238 and incurred the highest average monthly expenses per 1 person – PLN 1,412.
Households of disability pensioners had the lowest average monthly disposable income per capita in 2020. Their average income per 1 person was PLN 1,522 and was 20.7% lower than the national average (17.7% lower in 2019). The lowest average expenditure per 1 person was recorded in farmers’ households (PLN 840) and they were 30.6% lower than the average expenditure for households in general (in 2019 – lower by 27%), it was also stated.
Differences in the structure of the average monthly disposable income per capita in households compared to 2019 ranged from -1.3 percentage points in the case of other income to +1.2 percentage points in the case of income from contract work.
Source: GUS and ISBnews
