Annual Household Income in Bulgaria Increased by 11.3% in 2013

Business | April 16, 2014, Wednesday // 12:58| Views: | Comments: 0
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Bulgaria: Annual Household Income in Bulgaria Increased by 11.3% in 2013 File photo.

The average annual income per household member in 2013 was BGN 4,814 or 11.3% more compared to 2012, according to data of the National Statistical Institute.

Wages continue to be the main source of household income representing 53.1% of the total income in 2013 compared to 52.7% in 2012, NSI's statistics on Households Income, Expenditure and Consumption in 2013 showed.

Nominal household income from wages increases. In 2013 the households have had at their disposal BGN 2,557 on average per person, while in 2012 the income was BGN 2,281 which is an increase by 12.1%.

The second important source of household income are pensions. Share from pensions represents 25.5% of the total annual household income per household member in 2013, compared to 26.7% in 2012. Social transfers (pensions, family allowances for children, scholarships and unemployment benefits) represent 28.5% of the total annual household income per household member in 2013, compared to 30.1% in 2012.

The relative share of income from household plot within the total household income remains on the level of 2012 and is 1.6% in 2013. Bulgarian households have spent BGN 4466 per person in 2013, which is 10.1% more than in 2012. Expenditure on food is BGN 1480 on average per household member. Relative share of expenditure on food within the total expenditure decreases from 33.4% in 2012 to 33.2% in 2013.

Expenditure on dwellings, water, electricity and fuels increases by 1.8% compared to 2012. Health expenses also increased by 9.9%, on transport (by 19.2%) and on communication (by 7.3%). Share of expenditure on furniture remains 3-4%. Share of expenditure on recreation, culture and education ranges between 4-5%. Expenditure on alcoholic beverages and tobacco amounts to 4.0%. Share of expenditure on clothing and shoes is 3.5% in 2013.

Statistical data proves the changes in structure of consumption of the Bulgarian households. The consumption of bread and paste products decreases by 3.3 kg in 2013 to 97.8 kg average per person.The consumption of non-alcoholic beverages, fish, fruit, vegetables, meat and meat products, milk, white cheese, yellow cheese and eggs increases. Some decrease is observed in consumption of yoghurt and potatoes.

Consumption of alcoholic beverages increases from 26.3 litres in 2012 to 27.2 litres on average per person in 2013. Consumption of cigarettes decreases from 601 pieces in 2012 to 596 pieces in 2013.

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Tags: Annual household income, National Statistical Institute, NSI, expenditure, consumption
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