º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Economic Development

Welsh households have lowest spending power of all º£½ÇÊÓÆµ nations and report reveals stats for each county

List of richest and poorest households in Wales as ONS publish disposable income figures

Household disposable income in Wales lower than other º£½ÇÊÓÆµ nations(Image: Dominic Lipinski/PA Wire)

Wales had the lowest disposable household income of the º£½ÇÊÓÆµ nations before the pandemic struck - falling further behind the º£½ÇÊÓÆµ average.

Figures from the Office for National Statistics (ONS) show gross disposable household income (GDHI) per head for 2019 in Wales was (on average) £17,263.

This compares to £21,978 in England, £19,649 in Scotland, and £17,331 in Northern Ireland.

It stands at 80.5% of the º£½ÇÊÓÆµ figure, down 1.2 percentage points relative to the º£½ÇÊÓÆµ from 2018. The only region it is above is the North East of England (£17,096).

GDHI is the amount of money that households have available for spending or saving after taxes, pension and mortgage/rent payments.

Within Wales, Monmouthshire had the highest GDHI per head at £21,392 followed by the Vale of Glamorgan £19,987, while Flintshire (£18,722) led the way in North Wales. The lowest was Blaenau Gwent at £14,630.

A full list is at the bottom of the story.

Welsh Conservative and Shadow Economy Minister Paul Davies MS said: “After 18 months of lockdowns and restrictions in face of a pandemic, we have all learnt that life is for living, so ensuring people have disposable income so they and their families can enjoy themselves is more important than ever.