In the first half of the year, the per capita disposable income of residents in China was 18,463 yuan, a nominal increase of 4.7 percent over the same period last year and a real increase of 3.0 percent after deducting price factors.
In terms of urban and rural areas, the per capita disposable income of urban residents was 25,003 yuan, an increase of 3.6 percent and the actual increase was 1.9 percent after deducting price factors; the per capita disposable income of rural residents was 9,787 yuan, an increase of 5.8 percent. After deducting price factors, the actual increase was 4.2 percent.
In the first half of the year, residents’ median per capita disposable income nationwide was 15,560 yuan, an increase of 4.5 percent, and the median was 84.3 percent of the average.
Among them, the median per capita disposable income of urban residents was 22,324 yuan, an increase of 3.8 percent, and the median was 89.3 percent of the average; the median per capita disposable income of rural residents was 8,410 yuan, an increase of 5.7 percent, and the median was 85.9 percent of the average.
According to the source of income in the first half of the year:
- the per capita wage income of residents nationwide was 10,576 yuan, an increase of 4.7 percent, accounting for 57.3 percent of disposable income;
- the per capita net operating income was 2,841 yuan, an increase of 3.2 percent, accounting for 15.4 percent of disposable income;
- the per capita net property income was 1,665 yuan, an increase of 5.2 percent, accounting for 9.0 percent of disposable income;
- the per capita net transfer income was 3,382 yuan, an increase of 5.6 percent, accounting for 18.3 percent of disposable income.
China Historical Household Income
In 2021, China’s per capita disposable income of residents was 35,128 yuan, a nominal increase of 9.1 percent over that of the previous year, an average two-year nominal growth of 6.9 percent.
The real growth after deducting price factors was 8.1 percent, an average two-year growth of 5.1 percent, which was generally at the same pace as the growth of the economy.
The per capita disposable income of urban households was 47,412 yuan, a nominal growth of 8.2 percent compared with the previous year and real growth of 7.1 percent after deducting price factors.
That of rural households was 18,931 yuan, a nominal growth of 10.5 percent compared with the previous year and real growth of 9.7 percent after deducting price factors. The per capita disposable income of urban households was 2.50 times that of the rural households, 0.06 less than the ratio of the previous year.
The median of the nationwide per capita disposable income was 29,975 yuan, a nominal increase of 8.8 percent over that of the previous year. Taking the per capita disposable income of nationwide households by income quintile, that of the low-income group reached 8,333 yuan, the lower-middle-income group 18,446 yuan, the middle-income group 29,053 yuan, the upper-middle-income group 44,949 yuan, and the high-income group 85,836 yuan.
In 2021, the nationwide per capita consumption expenditure was 24,100 yuan, a nominal increase of 13.6 percent over the previous year, or an average two-year nominal growth of 5.7 percent; the real growth was 12.6 percent, or an average two-year growth of 4.0 percent after deducting price factors.