Household budget survey results 2020 Considerable changes in household budget in 2020

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Considerable changes in household budget in 2020

22.11.2022 - Compared with previous years, the expenditure of private households in Switzerland in 2020 showed considerable changes due to the COVID-19 pandemic. In particular, categories affected by restrictions showed a considerable downturn. Compared with 2019, expenditure on hotels and restaurants, for example, fell by 38% to CHF 343 per month. In contrast, no significant shifts in income were observed in 2020. The average disposable income of CHF 6789 per month is comparable to that of 2019. These are findings from the Household Budget Survey 2020 from the Federal Statistical Office (FSO).

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Details

Observation period
2020
Periodicity
Annual
Spatial division
Switzerland
Published by
Federal Statistical Office
Source(s)
Federal Statistical Office
FSO number
2022-0347-e
Copyright
Federal Statistical Office (Opens in new tab or window)
Terms of Use
OPEN-BY
Open use - Must provide the source

Tags

Article type:
Press release
Published on:
22.11.2022
Topic:
Economic and social situation of the population

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