Real disposable income in Ukraine up 9.7% y/y in 2012.

By bne IntelliNews April 2, 2013

In 2012, the available income, which may be used by population for the purchase of goods and services, grew by 10.3 %, whereas real available income, determined with taking a price factor into consideration, grew by 9.7%, the State Statistics Service has announced. Incomes of population grew by 11.1% in 2012 to UAH 1.407tn. At the same time, an income in per head calculation made up UAH 23,931, which is 10.6 % up against 2011. Overall increase in earnings was due to an increase in remuneration of labour by 12.1%, in social assistance by 14.2%, as well as profit and mixed income by 6.1%. In 2012 the population's savings declined by 15.1% y/y to UAH 104,560mn.

  2012, UAH mn 2012 % y/y  
Incomes, total 1,407,197 11.1  
1. Wages and salaries 593,213 12.1  
2. Profit and mixed income 212,420 6.1  
3. Property incomes obtained 74,620 9.7  
4. Social assistance, other current and capital transfers, including: 526,944 12.3  
Expenditures and saving, total: 1,407,197 11.1  
1. Purchase of goods and payment for services 1,179,071 14.4  
2. Incomes from property, paid 28,017 -3.6  
3. Current taxes on profit, property, and other paid current transfers, including 95,549 13.8  
Savings (increase) 104,560 -15.1  
4. Accumulation of non-financial assets 18,525 n/a  
5. Growth of financial assets, including: 86,035 -30.8    
- increase in monetary investment and savings in securities 67,792 55.5  
- savings in foreign currency 57,933 -23.7  
- obtained loans, excluding redeemed -13,542 63.4  
Source: State Statistics Service    
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