Gross Disposable Household Income by area and measure
None
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total (£ million)
Metadata
- High level information
- Summary information
- Weblinks
- Statistical quality information
- Keywords
- Open Data
Title
Gross Disposable Household incomeLast update
5 September 2024Next update
Summer 2025Publishing organisation
Welsh GovernmentSource 1
Regional Accounts, Office for National StatisticsContact email
LabourMarket.Stats@gov.walesDesignation
National StatisticsLowest level of geographical disaggregation
EU NUTS3 regionsGeographical coverage
UK regionsLanguages covered
English onlyData licensing
You may use and re-use this data free of charge in any format or medium, under the terms of the Open Government License - see http://www.nationalarchives.gov.uk/doc/open-government-licenceGeneral description
The data give estimates of gross disposable household sector income for UK regions and countries, and Welsh sub-regions for the period 1997 to 2022.Data collection and calculation
Gross disposable household Income (GDHI) is one of the balances drawn in the household sector of the National Accounts. The sector actually covers households, sole-traders and not for profit institutions serving households (such as universities and charities).Frequency of publication
AnnualData reference periods
1997 to 2022Rounding applied
Figures are rounded and so there may be some apparent slight discrepancies between the sum of constituent items and the totals as shown.Statistical quality
When initially published, an error in processing saw the values for Northern Ireland and Scotland mislabelled as each other. As of the 3rd September 2021 these countries are now displaying the correct valuesGDHI is an estimate of the amount of money that households have available for consumption expenditure or saving. It is equivalent to the excess of income (including earnings, pensions, investments, benefits etc) over expenditures associated with their income (tax, property ownership and the provision for future pension provision).
GDHI is made up of the balance of primary incomes less the balance of secondary incomes. The balance of primary incomes are the result of individuals’ participation in the production process, for example, as employees providing labour or through the ownership of assets and/or from self-employment less primary uses which consist of property income paid, i.e. rent on land and interest paid on mortgages and other borrowing. The balance of secondary incomes are received as the result of redistribution of income, for example, pensions and benefits less secondary uses which are mainly non-discretionary payments, i.e. taxes and social contributions to National Insurance.
Estimates of GDHI presented here are consistent with the 2016 edition of UK National Accounts - The Blue Book.
For further information on the quality and methodology of the data please see ONS’ Regional Gross Disposable Household Income quality and methodology information report: https://www.ons.gov.uk/economy/regionalaccounts/grossdisposablehouseholdincome/methodologies/regionalgrossdisposablehouseholdincomeqmi
