{"id":5359,"date":"2026-05-13T18:04:00","date_gmt":"2026-05-13T15:04:00","guid":{"rendered":"https:\/\/en.tomanifesto.gr\/?p=5359"},"modified":"2026-05-13T18:04:00","modified_gmt":"2026-05-13T15:04:00","slug":"oecd-greece-leads-the-way-in-real-household-income-growth","status":"publish","type":"post","link":"https:\/\/en.tomanifesto.gr\/?p=5359","title":{"rendered":"OECD: Greece leads the way in real household income growth"},"content":{"rendered":"<p>Greece <b>recorded the strongest <b>rise<\/b> in <b>citizens&#8217;<\/b> disposable <b>income<\/b> in the fourth quarter of the year.<\/p>\n<p>The excellent performance of the <b>Greek economy<\/b> at the close of the year was highlighted in the latest report from the <b>Organisation for Economic Stability and Development (OECD)<\/b>, which was released on Wednesday. <\/p>\n<p>According to the findings, <b>Greece emerged as a champion in terms of real per capita household income growth for the fourth quarter of 2026<\/b>, marking the highest percentage improvement among all the Organization&#8217;s member states.<\/p>\n<p>The <b>report<\/b> notes that <b>GDP<\/b> growth focuses on the change in overall economic activity, while <b>increase in household income<\/b> reflects the change in income earned by households, i.e. income allocated to consumption or savings.<\/p>\n<p>Among the 20 countries for which data are available, 14 recorded an increase in real per capita household income, 4 recorded a contraction and 2 remained at the same level.<\/p>\n<p>In <b>Greece<\/b>, the <b>increase in real per capita household income<\/b> was <b>3.3% at an annual level compared with -1.3% for the third quarter of 2025.<\/b><\/p>\n<p>As noted by the <b>OECD<\/b>, the development was partly driven by <strong>increases in net property income<\/strong> as well as <strong>workers&#8217; compensation<\/strong>, with the <strong>unemployment rate<\/strong> reaching its lowest level since 2009. Real GDP per capita growth in Greece increased from 0.6% to 0.7%.<\/p>\n<p>The second largest quarterly change among all OECD countries was recorded by <b>Poland<\/b>, from -0.8% in the third quarter of 2025 to +2.5% for the fourth quarter of 2025<\/p>\n<p>For all of 2025, Poland recorded the largest increase for the second consecutive year, at 4.1%, followed by Chile, at 2.3%. Increases in workers&#8217; wages for Poland offset the decline in social benefits, resulting in an acceleration in real per capita household income growth, while real per capita GDP growth remained stable at 1,2%<\/p>\n<p>Across the Organisation&#8217;s countries, real per capita household income growth slowed to 0.8%, from 2.1% in 2024, while OECD real per capita GDP growth remained stable at 1.2%.<\/p>\n<p>Austria recorded the largest contraction, falling to -1.8% after growing 3.6% in 2024.<\/p>\n<p>Among the <b>G7<\/b> economies, real per capita household income growth remained stable at 0.1% in Q4 2025, reflecting different outcomes across countries.<\/p>\n<p>In the <strong>United Kingdom<\/strong>, real per capita household income rose 1.1% after a 1.2% decline in Q3. This recovery mainly reflected increases in workers&#8217; pay and social benefits,<\/p>\n<p>as well as lower income and property taxes.<\/p>\n<p>Meanwhile, real GDP per capita in the UK contracted for the second consecutive quarter, by 0.1%.<\/p>\n<p>In contrast, growth in real per capita household income slowed slightly in <strong>Canada<\/strong> (from 0.2% in the third quarter to 0.1% in the fourth quarter) and in <strong>the United States<\/strong> (from 0.1% to 0.0%), and more sharply in <strong>Germany<\/strong> (from 0.6% to 0.0%).<\/p>\n<p>Italy<strong><\/strong>noted a large contraction in real per capita household income, which fell to -0.9% in Q4 2025, after rising 0.4% in Q3.<\/p>\n<p>This was mainly due to accelerating inflation and a decline in property income.<\/p>\n<p>Real GDP per capita growth in Italy remained relatively stable at 0.3%. In France, real per capita household income continued to contract, albeit at a slower pace than in the previous quarter, from -0.4% in the third quarter to -0.2% in the fourth quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greece recorded the strongest rise in disposable income in the fourth quarter of the year.The excellent performance of the Greek &#8230;<\/p>\n","protected":false},"author":1,"featured_media":5360,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-5359","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\/5359","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=5359"}],"version-history":[{"count":0,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/5359\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/media\/5360"}],"wp:attachment":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}