Greece - Personal Income





Greece: Personal Income

Mnemonic YP.IGRC
Unit EUR
Annual 2.86 %
Data 2017 8,920
2016 8,672

Series Information

Source Hellenic Statistical Authority (ELSTAT)
Release Income
Frequency Annual
Start Date 12/31/2002
End Date 12/31/2017

Greece: Consumer

Reference Last Previous Units Frequency
Consumer Confidence Aug 2019 -8.2 -20.2 SA Monthly
Real Retail Sales Jun 2019 105.2 95.8 Vol. Index 2015=100, NSA Monthly
Retail Sales Jun 2019 106.4 96 Index 2015=100, NSA Monthly
Personal Income 2017 8,920 8,672 EUR Annual

Release Information

The mean equivalized income is an annual time series, reported in Euros.  Equivalized income is the total available income of a household after being divided by the equivalent size of the household.

The total available income of the household is the sum of incomes of the household's members (income from salaried services, self-employment and immovable property, benefits of unemployment, pensions, family benefits, regular pecuniary transfers, etc.) In other words, according to the source, "it is the total net earnings coming from all the sources of income after the abstraction of by any benefits to other households".

Data comes from the annual Survey on Income and Living Conditions. This survey is the main source for comparable statistics on income distribution and social exclusion at European level.

A modified scale is used to calculate equivalent size of household. The OECD modified scale to measure equivalent size gives a weight of 1.0 to the first adult in the household, 0.5 to other persons aged 14 or over, and 0.3 to each child under the age of 14. For example, the equivalent size of a household consisting of two adults and two children under the age of 14 is 2.1 (from calculating 1 + 0.5 + 2 * 0.3).

Data may be subject to revisions.