Disposable income of the household sector in 2019 increased by 6.1% from the previous year, while per capita income increased by 3.8%. Measured in real terms, purchasing power per capita increased by 0.7%.
Households’ total income increased by 6.0% from the previous year. Thereof, total compensation of employees increased by 4.3%, operating surplus from sole proprietorship by 10%, current transfers received increased by 10.7% and property income by 6.4%.
Total expenditure (i.e. property expenditure and current transfers paid) increased by 5.8% in the same period, thereof current transfers paid increased by 5.8% and property expenditure by 5.3%.
The National Accounts unit at Statistics Iceland undertakes periodic revisions when final figures have been established.