Poverty, wealth and income: Nominal monthly net incomes of households in Germany, 2006-2017

The monthly net incomes of German households nominally rose markedly after 2006: in the base year, the average monthly income was 2,764 euros. In the following year, it already rose by 2.7 per cent to 2,839 euros a month. In the years until 2009 the trend in household net incomes was rather weak. From 2007 to 2009 they rose by only 1.2 per cent to 2,873 euros. This is due at least in part to the economic and financial crisis emerging in those years. From 2009 onwards the trend was for rising net household incomes again. From 2009 to 2010 incomes went up by 1.7 per cent, between 2010 and 2011 by 2.3 per cent. In 2012 after a further increase by 2.7 per cent, nominal net household incomes averaged 3,069 euros. Between 2012 and 2017 they went up by 9.7 per cent to 3,399 euros.

Further explanations:

Net household income: the net household income is worked out from the total incomes of all members of a household before taxes and social security contributions. These incomes include compensation of employees, corporate and investment incomes, state transfer payments, and savings on rent through owner occupancy.

References

Household budget surveys (LWR)