{"id":97370,"date":"2025-10-23T22:20:16","date_gmt":"2025-10-23T22:20:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/97370\/"},"modified":"2025-10-23T22:20:16","modified_gmt":"2025-10-23T22:20:16","slug":"households-spent-4-bln-euros-more-than-earned-in-2024","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/97370\/","title":{"rendered":"Households spent 4 bln euros more than earned in 2024"},"content":{"rendered":"<p>                            <img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" class=\"picture-main-block-image\" data-nxsrc=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2025\/10\/super_market_milk_consumers_inflation_shutterstock.jpg\" alt=\"Households spent 4 bln euros more than earned in 2024\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2025\/10\/super_market_milk_consumers_inflation_shutterstock.jpg\"\/><\/p>\n<p>Household disposable income increased by 4.5% in 2024, as according to Hellenic Statistical Authority (ELSTAT) data released on Thursday it stood at 158.6 billion euros, from \u20ac151.7 billion in 2023.<\/p>\n<p>Final consumption expenditure of households and non-profit institutions serving households increased by 4.6% in 2024 compared to 2023, i.e. from \u20ac155.4 billion euros to \u20ac162.6 billion euros.<\/p>\n<p>This means that last year consumers in Greece spent \u20ac4 billion more than they earned, either by resorting to their savings or through the illegal economy.<\/p>\n<p>The household savings rate (gross savings to gross disposable income) was negative in 2024, at -2.5% compared to -2.4% in 2023.<\/p>\n<p>Furthermore, according to ELSTAT data, the evolution of the investment rate of the non-financial corporations sector \u2013 defined as the ratio of gross fixed capital formation to gross value added \u2013 was 25.2% in 2024 compared to 25.1% in 2023.<\/p>\n<p>Also, in 2024 there was a deficit recorded in the external balance of goods and services amounting to \u20ac13.1 billion, compared to a deficit of \u20ac10.8 billion in 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"Household disposable income increased by 4.5% in 2024, as according to Hellenic Statistical Authority (ELSTAT) data released on&hellip;\n","protected":false},"author":2,"featured_media":97371,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-97370","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/97370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=97370"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/97370\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/97371"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=97370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=97370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=97370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}