On average, the income of seventeen year olds in the United Kingdom was higher than that children in any other age group. Between March 2024 and February 2025, children aged six had a weekly income of 4.99 British pounds, while those aged 17 had an income of 23.97 per week. Those figures include the weekly regular pocket money provided to children by parents, as well as income from chores and jobs, and other sources of money.
Children and money worldwide The average amount of pocket money of Japanese children did not exactly follow the correlation observed in this statistic about the United Kingdom. In Japan, kids had more money before they reach the age to enroll in elementary school than during their elementary school studies. There are several ways through which children can save money themselves or with the help of their parents. The most common financial instruments for children between eight and 14 years old in the United States were savings accounts and piggy banks. Child poverty Child poverty is a problem affecting a significant share of the population even in developed economies. For example, 14.4 percent of all children in Germany were at risk of poverty in 2024. Meanwhile, Romania, Montenegro, and Bulgaria were, in 2022, some of the countries with the most children at risk of poverty or social exclusion in Central and Eastern Europe. The probability of children finding themselves in these situations can vary within a country depending on their socioeconomic and ethnic background, the region where they live, or whether they are being raised by a single parent or not.
Whether it’s teaching the importance of good money management, learning about savings, or a way of rewarding a child for good behavior, pocket money is a big issue for parents and children alike in the United Kingdom. In 2023, the average child in the UK received five British pounds a week in pocket money, nearly the same as last year.
Top chores to earn extra
As children grow and age, the importance of hard work becomes an important life lesson for a lot of parents. There is a clear correlation between a child’s age and the amount they receive in pocket money. If kids are smart, they will choose their chores wisely. As of 2021, washing the car saw the average child earn almost three British pounds.
Kids in the capital get more In Greater London, the average child received approximately 8.2 British pounds per week in 2018, over 425 GBP per year. Children in the South East and East of England faired off the worst, with an average of two pounds a week less than London in 2018. Meanwhile, savings accounts and piggy banks were some of the most popular financial instruments owned by children in the U.S. in 2022 were savings accounts and piggy banks.
This statistic illustrates the top paid chores for children in the United Kingdom (UK) as of 2021. According to data, washing the car was the highest paid pocket money chore for kids in the UK, with an average earning of 2.67 British pounds as of 2021.
The coronavirus (COVID-19) pandemic changed significantly how households in the United Kingdom spent on leisure and cultural activities. The weekly average expenditure on package holidays abroad, restaurants, and café meals declined sharply in the 2022 fiscal year compared to 2020. In contrast, spending on TV, cable subscriptions, and similar products increased, with an average weekly expenditure of *** British pounds between April 2021 and March 2022.
The monthly value of credit and debit transactions made in the United Kingdom (UK) fluctuated significantly between January 2014 to April 2025. Just after the global Covid-19 pandemic, UK consumers appear to have made significant efforts to spend less money. However, since early 2021, this trend has reversed, showing an increase of about ***British pounds on average, despite some fluctuations. The same pattern was observed in the total number of credit and debit transactions made in the UK during the same period.
In 2022, respondents in the United Kingdom (UK) with a household reference person aged 65 to 74 years spent an average of ** pence a week on toilet paper. The highest weekly expenditure on toilet paper was among the households with a reference person aged between 30 and 49 or ** and **, with an average spending of *** British Pound per week.
The United Kingdom spent approximately 6.85 billion British pounds on its prison system in 2023/24, an increase when compared to the previous year. Between 2011/12 and 2019/20 the UK consistently spent less than it did in 2009/10 and 2010/11, mainly due to the austerity policies pursued by the coalition Government of the time. Throughout this time period, expenditure on prisons was lowest in 2014/15 at 393 billion pounds, and highest in the most recent financial year. Prisoners and prison costs The prisoner population of the United Kingdom was around 92,803 in 2023. Although this was quite a high figure in historical terms, the incarceration rate among the UK's three jurisdictions has fallen slightly since 2008. Nevertheless, there is evidence the government is struggling to cope with the size of the prison population. The number of spare prison places in England and Wales fell to a low of just 768 in September 2023. The average cost of a prison place has also increased recently. In 2015/16, a prison place cost approximately 35,182 pounds per year, reaching 48,162 in 2020/21, before falling slightly to 46,696 pounds in 2021/22. Steep rise in prison violence in the mid-2010s In 2018, there were over 34,000 assaults among prisoners, and a further 10,200 assaults on prison staff in England and Wales. This was far higher than in the years preceding 2018, and correlated with a reduction in prison officers. In 2017, there were just 18,400 prison officers working in England and Wales, compared with almost 25,000 in 2010. Since 2017, however, the number of prisons officers has increased, and in 2023 there were approximately 22,300. It is unclear if this increase in prison officers has succeeded in reducing prisoner violence, with the number of incidents recently rising again following a huge reduction of incidents during the COVID-19 pandemic.
In 2021, Denmark registered the highest per capita spending for online shopping in Europe, with 2,916 euros. Norway followed in the ranking, as its online expenditure amounted to 2,364 euros, while it was estimated that British online shoppers spent 2,316 euros online over the considered year.
In 2024, global government expenditure for space programs hit a record of approximately 135 billion U.S. dollars. The United States Government spent around 79.7 billion U.S. dollars on its space programs in than year, making it the country with the highest space expenditure in the world. The U.S. was followed by China, with government expenditure on space programs of over 19 billion U.S. dollars. The Space Agencies Responsible for civilian space programs, as well space research and exploration, the space agencies have gained in importance over the past decades. Today, there are six government space agencies (NASA, CNSA, ROSCOSMOS, ESA, ISRO, and JAXA) with full launch and extraterrestrial landing capabilities. The National Aeronautics and Space Administration (NASA) is undoubtedly the most renowned of them all. Since its establishment in 1958, NASA has worked with international partners to enable human expansion across the solar system and beyond, bringing new knowledge and opportunities back to our home planet. It is therefore not surprising that most of their budget goes to toward science and exploration. NASA’s requested FY 2024 budget for all sectors is 27.2 billion U.S. dollars.
The average weekly amount UK households spent on clothing amounted to **** British pounds in 2022. Among adults aged between 30 and 49, this was considerably higher at **** British pounds. Expenditure on clothing was not as high for older demographics. Clothing: essential spending In the fashion and apparel category, consumer spending concentrates on clothing garments, footwear, and accessories. Consumers spent **** billion British pounds on shoes and footwear in 2022. On a monthly basis, sales of clothing and footwear items at retail stores usually peak around the holiday season, a trend which has been consistently observed in previous years. Selling clothes in a booming market, but how? In the fashion segment, the revenue generated from e-commerce is resolutely climbing. This trend accelerated during the coronavirus (COVID-19) pandemic, as physical shopping was not possible for many consumers. To compete, more and more high street retailers in the UK are turning to selling their products via hybrid selling strategies like multichannel retail.
In 2023, consumer spending on sugar, confectionary and ice-cream in the United Kingdom amounted to ***** billion British pounds. Confectionary in detail Confectionery is commonly split in two main categories; bakers’ confectionary, which encompasses a variety of baked goods and sugar confectionery including candies (or sweets in Britain), as well as chocolates, gums and other primarily sugar-based confections. In 2021, about ***** tons of sugar confectionary were made and sold in the UK. About *** billion British pounds were generated in revenue with the manufacture of chocolate and sugar confectionary in the UK during the same year. Ice cream market Retail sales of ice cream in the UK were valued at **** billion GBP in 2021. Sales from ice cream made in the UK made up a volume of *** million liters in 2021. On average, a person in the UK purchased *** grams of ice cream in tubs or block form per week in 2020/21.
Pet care is one of UK’s many thriving industries where consistent growth is happening year-on-year. The most recent figures published by the Office for National Statistics revealed that expenditure on pets and related products reached an annual value of ***** billion British pounds in 2024, representing a *** percent increase from the beginning of the survey period in 2005. Dogs are UK households’ best friend The nation’s most popular pets in 2024 were dogs, with just under one-third of households owning a pet dog. Some ** percent of households owned a cat in the same year. Pet care With such affection towards pets also comes the need to care for them. Indeed, over the last decade, spending on veterinary services in the UK rose tremendously, particularly in 2022 when veterinary and other pet care related services reached over *** billion British pounds.
In 2021/22, education spending per pupil at schools in England was highest in Inner London, with approximately ***** British pounds spent per pupil in this area. By contrast, pupils in the East of England had an expenditure per head of 6,049 pounds, which was the lowest in this academic year.
Over the last years, Coca-Cola has spent an average of ************* dollars a year on advertising worldwide, aside from 2020, with only about *** billion U.S dollars, and 2024, with over ************* dollars spent. Spending in the United States accounts for over ** percent of that cost, totally *** million U.S. dollars in 2022. Advertising innovation Soft drinks still made up the overwhelming majority of Coca Cola’s sales volume in 2017. The company spent *** million dollars advertising its flagship brand, Coke, in 2022, more than any other non-alcoholic beverage brand in the United States in that year. Coca-Cola has a long history of innovative and appealing advertising campaigns, going back to art done by American painter Norman Rockwell, to the iconic polar bears of Christmas advertising. Dominance across mediums The Coca-Cola brand’s image is not only maintained through traditional advertising mediums but social media as well. It ranked fifth on Facebook, in terms of fans, as of September 2023, with almost *** million fans. Coca-Cola’s YouTube channel was equally popular with roughly **** billion views accrued by the channel.
In 2023, international tourism expenditure in the United Kingdom rose by ** percent over the previous year, reaching **** billion British pounds. This marked the first time since the onset of the coronavirus pandemic that inbound tourist spending exceeded pre-pandemic levels. Spending was forecast to continue to grow in 2024.
Among OECD member countries, the United States had the highest percentage of gross domestic product spent on health care as of 2023. The U.S. spent nearly ** percent of its GDP on health care services. Germany, France and Japan followed the U.S. with distinctly smaller percentages. The United States had both significantly higher private and public spending on health compared with other developed countries. Why compare OECD countries?OECD stands for Organization for Economic Co-operation and Development. It is an economic organization consisting of ** members, mostly high-income countries and committed to democratic principles and market economy. This makes OECD statistics more comparable than statistics of developed and undeveloped countries. Health economics is an important matter for the OECD, even more since increasing health costs and an aging population have become an issue for many developed countries. Health costs in the U.S. A higher GDP share spent on health care does not automatically lead to a better functioning health system. In the case of the U.S., high spending is mainly because of higher costs and prices, not due to higher utilization. For example, physicians’ salaries are much higher in the U.S. than in other comparable countries. A doctor in the U.S. earns almost twice as much as the average physician in Germany. Pharmaceutical spending per capita is also distinctly higher in the United States. Furthermore, the U.S. also spends more on health administrative costs compare to other wealthy countries.
Out of the OECD countries, Luxembourg was the country that spent the most on educational institutions per full-time student in 2020. On average, 23,000 U.S dollars were spent on primary education, nearly 27,000 U.S dollars on secondary education, and around 53,000 U.S dollars on tertiary education. The United States followed behind, with Norway in third. Meanwhile, the lowest spending was in Mexico.
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On average, the income of seventeen year olds in the United Kingdom was higher than that children in any other age group. Between March 2024 and February 2025, children aged six had a weekly income of 4.99 British pounds, while those aged 17 had an income of 23.97 per week. Those figures include the weekly regular pocket money provided to children by parents, as well as income from chores and jobs, and other sources of money.
Children and money worldwide The average amount of pocket money of Japanese children did not exactly follow the correlation observed in this statistic about the United Kingdom. In Japan, kids had more money before they reach the age to enroll in elementary school than during their elementary school studies. There are several ways through which children can save money themselves or with the help of their parents. The most common financial instruments for children between eight and 14 years old in the United States were savings accounts and piggy banks. Child poverty Child poverty is a problem affecting a significant share of the population even in developed economies. For example, 14.4 percent of all children in Germany were at risk of poverty in 2024. Meanwhile, Romania, Montenegro, and Bulgaria were, in 2022, some of the countries with the most children at risk of poverty or social exclusion in Central and Eastern Europe. The probability of children finding themselves in these situations can vary within a country depending on their socioeconomic and ethnic background, the region where they live, or whether they are being raised by a single parent or not.