{"id":2616,"date":"2026-04-26T15:15:00","date_gmt":"2026-04-26T12:15:00","guid":{"rendered":"https:\/\/en.tomanifesto.gr\/?p=2616"},"modified":"2026-04-26T15:15:00","modified_gmt":"2026-04-26T12:15:00","slug":"household-incomes-at-their-highest-level-in-17-years-what-factors-led-to-the-increase","status":"publish","type":"post","link":"https:\/\/en.tomanifesto.gr\/?p=2616","title":{"rendered":"Household incomes at their highest level in 17 years &#8211; What factors led to the increase"},"content":{"rendered":"<p data-start=\"406\" data-end=\"566\">The <strong data-start=\"460\" data-end=\"482\">disposable income<\/strong> of households in Greece reached its highest point in 17 years in 2025, according to the latest data from ELSTAT. <\/p>\n<p data-start=\"568\" data-end=\"829\">The data show that the rise continued at a strong pace, confirming the positive trend in incomes. During the same period, consumption also moved upward, in direct correlation with the improvement in earnings. <\/p>\n<h3 data-section-id=\"uvwb2g\" data-start=\"831\" data-end=\"875\">Disposable income rose by 5,3%<\/h3>\n<p data-start=\"877\" data-end=\"1138\">Total <strong data-start=\"889\" data-end=\"911\">disposable income<\/strong> strengthened by <strong data-start=\"928\" data-end=\"936\">5.3%<\/strong> year-on-year to <strong data-start=\"973\" data-end=\"990\">167 billion. euros<\/strong>, the biggest increase since 2009. Recall that 2024 was preceded by an increase of <strong data-start=\"1086\" data-end=\"1094\">4.5%<\/strong>, indicating a steady upward trend. <\/p>\n<p data-start=\"1140\" data-end=\"1236\">The strengthening was particularly pronounced in the fourth quarter of 2025, where growth reached <strong data-start=\"1227\" data-end=\"1235\">9.8%<\/strong>. <\/p>\n<p data-start=\"1238\" data-end=\"1591\">The improvement was mainly driven by <strong data-start=\"1316\" data-end=\"1342\">labor income<\/strong> and <strong data-start=\"1351\" data-end=\"1383\">business activity<\/strong>, which increased by <strong data-start=\"1404\" data-end=\"1430\">2.51 billion, according to economic staff sources. euros (+5.9%)<\/strong>. At the same time, <strong data-start=\"1446\" data-end=\"1469\">social contributions<\/strong> increased by <strong data-start=\"1487\" data-end=\"1495\">4.6%<\/strong>, while <strong data-start=\"1504\" data-end=\"1513\">taxes<\/strong> decreased by <strong data-start=\"1529\" data-end=\"1537\">5.3%<\/strong>, boosting the final amount left to households. <\/p>\n<h3 data-section-id=\"14adax6\" data-start=\"1593\" data-end=\"1630\">Determining role of lower unemployment <\/h3>\n<p data-start=\"1632\" data-end=\"1820\">The reduction in <strong data-start=\"1673\" data-end=\"1685\">unemployment<\/strong> also had a significant impact, which is close to <strong data-start=\"1719\" data-end=\"1725\">8%<\/strong>. The increase in <strong data-start=\"1740\" data-end=\"1755\">employment<\/strong> broadens the wage base and supports overall income. <\/p>\n<p data-start=\"1822\" data-end=\"1995\">Market participants point out that the rise in the <strong data-start=\"1874\" data-end=\"1894\">minimum wage<\/strong> in recent years is beginning to be reflected more clearly, especially in the lower income brackets. <\/p>\n<h3 data-section-id=\"1ex2fph\" data-start=\"1997\" data-end=\"2036\">Increase in private consumption<\/h3>\n<p data-start=\"2038\" data-end=\"2229\"> <strong data-start=\"2040\" data-end=\"2063\">Consumption<\/strong> of <b>households<\/b> also started to rise, with an increase of <strong data-start=\"2099\" data-end=\"2107\">5.5%<\/strong> and a total of <strong data-start=\"2126\" data-end=\"2145\">171.5 billion<\/strong>. EUR<\/strong>. This development confirms the close relationship between <strong data-start=\"2197\" data-end=\"2212\">income<\/strong> and <strong data-start=\"2217\" data-end=\"2228\">expenditure<\/strong>. <\/p>\n<p data-start=\"2231\" data-end=\"2440\">The data reflects nominal growth, in an environment where <strong data-start=\"2295\" data-end=\"2310\">inflation<\/strong> moved to around <strong data-start=\"2332\" data-end=\"2340\">2.5%<\/strong> in 2025. However, even after its effect, real income support is still being recorded. <\/p>\n<p data-start=\"2442\" data-end=\"2614\" data-is-last-node=\"\" data-is-only-node=\"\">According to economic officials, this picture is linked to the gradual improvement in the financial situation of households and the general stabilization of the market. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>\n    Household disposable income in Greece will reach its highest point in 17 years in 2025, according to the latest data from the Greek &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2617,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-2616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"acf":[],"_links":{"self":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/2616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2616"}],"version-history":[{"count":0,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/2616\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/media\/2617"}],"wp:attachment":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}