Finance

The lion’s share of the family budget is for food and housing.

TURKSTAT has published the Household Consumption Expenditure, 2022 data.

According to the 2022 results of the Household Budget Survey; In Turkey, the highest share in consumption expenditures of households was food and non-alcoholic beverage expenditures with 22.8 percent, housing and rent expenditures took the second place with 22.4 percent, and transportation expenditures took the third place with 21.3 percent.

The expenditure types with the lowest share in total consumption expenditures were education services with 1.4 percent, health expenditures with 2.2 percent and entertainment and culture expenditures with 2.5 percent.

In order to make the consumption expenditures of the households comparable, the equivalent per capita consumption expenditure obtained by considering the household size and composition is used. The monthly average consumption expenditure was estimated as 12 thousand 159 TL per household and 6 thousand 259 TL per equivalent person.

Spending patterns have changed

Households whose main source of income is salaries, wages and daily wages; While allocating a share of 22.5 percent to transportation expenditures, 21.0 percent to food and non-alcoholic beverage expenditures, and 20.8 percent to housing and rent expenditures, households with entrepreneurial income; It allocated 27.2 percent to transportation expenditures, 22.9 percent to food and non-alcoholic beverage expenditures, and 18.5 percent to housing and rent expenditures.

Looking at the distribution of consumption expenditures in 2022 by groups of 20 percent, ordered by income; Households in the first 20 percent, which is the lowest income group, spend 35.8 percent on food and non-alcoholic beverages, 29.3 percent on housing and rent expenditures, 8.3 percent on transportation expenditures, and 5.5 percent on furniture and household goods. allotted a share.

Households in the fifth 20 percent group, which is the highest income group, on the other hand, spend 28.5 percent on transportation expenditures, 19.3 percent on housing and rent expenditures, 16.6 percent on food and non-alcoholic beverage expenditures, and 6.8 percent on restaurant and hotel expenditures. allotted a share.

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