Moldovans spend more than earn, over forty two per cent of income goes to food
20:14 | 04.09.2017 Category: Economic
Chisinau, 04 September /MOLDPRES/ – The Moldovan citizens spend more than they earn, the average monthly incomes available to over MDL 2,060 per person in 2016, and the expenditures were estimated at MDL 2,116.8, according to the annual statistical publication: Aspects regarding the standard of living of the population in 2016.
The Moldovans share money between food and current expenses. Most of the money, according to statistics, was allocated for food, home maintenance, clothing and footwear. About 42.6 per cent of a family's budget was for food and for the housing maintenance, one person spent an average of about 17.8 per cent of revenues in 2016 and about 10.5 per cent for clothing and footwear.
According to statistics, the population spends more on alcohol and tobacco (1.5 per cent of spending) than on education (0.7 per cent) and recreation (1.3 per cent).
The other expenditures were destined for health and healthcare (6.4 per cent), transport (4.7 per cent), communications (4.7 per cent), housing (4.0 per cent).
The average monthly consumption expenditure per person in the urban area amounted to MDL 2,544.7 per month in 2016, and in the rural area – MDL 1,789.2 per person.
The main source of income formation is wage activity (42.1 per cent), followed by income from social benefits by 22.1 per cent (of which 18.8 per cent were pensions) and income from individual agricultural activity (8.3 per cent). The transfers from outside Moldova have contributed to the generation of available revenues of 17.1 per cent.
In the rural area, the monthly average incomes of the population amounted to MDL 1,771.3 per person and in the urban area – MDL 2,437.7, says the publication. Over the average, households headed by non-agrarian and non-aged households, respectively, by 25.8 per cent and 52.2 per cent, while retired, agrarian and self-employed in agriculture had below-average incomes.
The Population Living Standards in 2016 is an annual statistical publication containing information on the well-being of the population and, in particular, on income, expenditures, living conditions, etc. The survey included 28 urban and 97 rural localities, randomly selected for that purpose.
(Reporter V. Bercu, editor A. Raileanu)
