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Farmers' income and consumption increased rapidly

Feb 21, 2022

 

Farmers' income and consumption increased rapidly


The income of farmers has increased steadily, and consumption has increased steadily. In 2021, the per capita disposable income of rural residents will be 18,931 yuan, a real increase of 9.7% after deducting price factors, which is 2.6 percentage points faster than the real growth of urban residents' income. From the perspective of income composition, farmers' income mainly includes wage income, net operating income, net transfer income and net property income. In the first three quarters of 2021, all four types of income will increase. Among them, wage income is the largest source of farmers' income, which is 6,325 yuan, a nominal increase of 15.3%, accounting for 46.1% of farmers' disposable income; net operating income is 4,042 yuan, a nominal increase of 6.7%, and its share of 29.4%, the second largest source of farmers' income; net transfer income reached 3,002 yuan, a nominal increase of 11%, accounting for 21.9%; net property income was 357 yuan, a nominal increase of 10.7%, accounting for 2.6%.