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Household disposable income, a key economic marker of financial well-being and consumer purchasing power, has mostly risen across most G7 countries since 2007, but the pace of growth varies significantly.
Even amongst some of the world’s most advanced economies, some countries have struggled to keep up due to slow wage growth or prolonged economic stagnation.
This graphic shows the percent change in household disposable income per capita for each G7 country from 2007 to July 2024.
The data comes from the OECD, and Japan’s latest data is for January 2023.
Household disposable income is defined as the a household’s total income minus taxes, social security contributions, and liabilities. Figures are inflation-adjusted.