In 2023, Finland led global housing household expenditure at 21.99% of household income, closely followed by Greece (21.17%) and Denmark (20.47%). Japan and Italy also showed higher expenditure, at 19.83% and 19.8%, respectively. Spain, Germany, Belgium, and Sweden ranged between 18.77% and 16.4%. Notably, Slovenia, Estonia, Russia, and Lithuania allocated significantly less percentage, ranging from 14.03% to 11.94%. Trends over the last two years indicate an increase in Finland (0.65%) and Italy (0.89%), while significant declines were observed in Slovenia (-2.15%), Lithuania (-2.51%), and Estonia (-1.39%). The Compound Annual Growth Rate (CAGR) over the last 5 years shows variable trends.
Future trends to watch for include potential shifts in global economic conditions influencing housing affordability, changes in government policies affecting housing costs, and advancements in technology affecting home energy and maintenance expenses. Monitoring these factors will be crucial for understanding the trajectory of household expenditure on housing across different countries.
Top countries in Including Housing Household Expenditure by Country
| # | 10 Countries | Percent of Household Income | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 21.99 | 2023 | +0.5% | +0.65% | View data |
| 2 | 2 Greece | 21.17 | 2023 | +0.23% | -0.17% | View data |
| 3 | 3 Denmark | 20.47 | 2023 | +0.0023% | -0.42% | View data |
| 4 | 4 Japan | 19.83 | 2023 | -0.054% | -0.0073% | View data |
| 5 | 5 Italy | 19.8 | 2023 | +0.83% | +0.89% | View data |
| 6 | 6 Spain | 18.77 | 2023 | +0.28% | -0.12% | View data |
| 7 | 7 Germany | 17.12 | 2023 | -0.084% | +0.069% | View data |
| 8 | 8 Belgium | 16.59 | 2023 | +0.13% | -0.67% | View data |
| 9 | 9 Sweden | 16.4 | 2023 | -0.9% | -0.47% | View data |
| 10 | 10 Slovenia | 14.03 | 2023 | -1.13% | -2.15% | View data |
