At the time of the 2024 census: what are the factors influencing household consumption?

HIBAPRESS-RABAT

The main resource of a household is its income: income from work (salary), various income from assets (rent, interest, dividends, etc.) and mixed income (self-employment). All together forms the primary income of a household.

Disposable income is the income remaining after adding social benefits to primary income and subtracting taxes and social security contributions.

Purchasing power is the amount of goods and services that one can obtain with one’s disposable income.

Credit is the second largest resource for households. By borrowing money to consume or invest in real estate, the household agrees to repay the amount borrowed (the capital) in the future and to pay interest (rent on the money lent).

The different forms of savings

A household uses its resources to consume or to save. Saving allows the household to build up assets.

Among the multiple forms of savings, we can distinguish financial savings (passbook, shares, etc.) and non-financial savings (various investments).

The savings rate ((savings : disposable income) x 100) is very unequal depending on the income and age of households.