Based on data from 2023, Slovakia has the highest household consumption of housing at 26.82% of Net Disposable Income, while Costa Rica has the lowest at 11.77%. Year-on-year, notable increases are seen in Estonia (6.87%) and Hungary (2.91%), while Australia and Luxembourg faced the most significant declines, both at -2.13%. Over the last five years, the Compound Annual Growth Rate for these countries shows a trend towards stabilization, with some countries exhibiting marginal increases or decreases in housing expenditure relative to Net Disposable Income.
Future trends to watch include potential increases in Eastern European countries like Estonia and Slovakia, as higher economic growth may drive housing costs. Conversely, countries with aging populations or economic challenges, including Japan and Russia, may experience slower growth or declines in housing consumption percentages. Additionally, global economic shifts and emerging housing policies will likely influence these trends considerably.
Top countries in Household Consumption of Housing by Country
| # | 10 Countries | Percent of Net Disposable Income | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovakia | 26.82 | 2023 | +1.86% | +2.71% | View data |
| 2 | 2 Finland | 21.88 | 2023 | +0.69% | +0.54% | View data |
| 3 | 3 Denmark | 21.68 | 2023 | +0.26% | +0.73% | View data |
| 4 | 4 United Kingdom | 21.4 | 2023 | -0.14% | -0.41% | View data |
| 5 | 5 Italy | 21.16 | 2023 | +1.21% | +2.24% | View data |
| 6 | 6 Ireland | 20.16 | 2023 | +1.03% | +0.76% | View data |
| 7 | 7 Switzerland | 19.82 | 2023 | -0.0026% | -0.052% | View data |
| 8 | 8 Latvia | 19.74 | 2023 | -0.13% | +0.86% | View data |
| 9 | 9 Estonia | 19.6 | 2023 | +4.43% | +6.87% | View data |
| 10 | 10 Canada | 19.58 | 2023 | +2.02% | +0.31% | View data |
