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.

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 2016, the average weekly expenditure by individuals in the United Kingdom (UK) exhibited generational differences. The expenditure on grocery purchases of food tended to increase with age, reaching an average 55 British pounds a week in the group of respondents aged 45 to 54 years old. Younger consumers commonly spent more money on takeaways.

Food delivery and online grocery shopping

The UK online grocery market was the second largest online grocery market worldwide in 2015, with forecasts retaining that position up to 2020. However, in May and June of 2019, the monthly value of internet food sales decreased by 4.5 and 5.7 percent respectively for stores that predominantly sell food, casting doubt on future developments in the market.

Restaurant industry landscape

Up until 2018, the eating-out market in the United Kingdom (UK) increased in value for nine consecutive years, reaching 89.5 billion British pounds. With approximately 22 million visitors of pub restaurants was the most popular eating-out destination in 2018.

The majority of respondents of all age groups in the United Kingdom spent an average of less than ************* British pounds on holidays each year, according to data from the first half of 2020. Around ******* of holidaymakers aged 25 to 35 would spend between *** and ************ pounds on holidays per year (** percent) and another ** percent ********************.

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.

In 2023, about three in ten online shoppers in the United Kingdom (UK) spent 50 to 100 British pounds on Amazon.co.uk on average every month. 26 percent of surveyed UK consumers spent over 200 British pounds, on average.

This statistic shows total domestic consumption expenditure in the United Kingdom (UK) from 2005 to 2023. In 2023, consumer spending in the UK increased compared to the previous year, and amounted to approximately 1.6 trillion British pounds. Household consumption expenditure looks at the overall spending on consumer goods and services of a wide variety. Some examples are government licenses and permits, such as a passport renewal or the price of train tickets to get to work. Housing may also be accounted for in these figures. This figure is measured by how much the consumer actually pays at the point of sale. All fast moving consumer goods such a beer, or cigarettes are also accounted for in this data. One part of the United Kingdom, Scotland, has seen as increase in its overall household expenditure year over year since 2009, with figures reaching over 100 billion British pounds in 2018. There was a small decrease in expenditure in 2009, which was possibly a result of the economic recession which hit all of the United Kingdom hard at this time. This drop can also be seen when looking at the whole of the United Kingdom in this statistic.

Halloween keeps on luring more and more people towards its festive and spooky spirit in the United Kingdom: since 2013, estimated UK consumer spending for Halloween products has quadrupled. In 2024, spending sat at a projected estimate of over *** million British pounds, a jump from 2022, but a drop compared to the high projection of 2023. A holiday for celebrating all things horror, spooky, hilarious, and fun, Halloween traditions revolve around an industry that ranges from decoration to clothing, confectionery, and food. The popularity of Halloween in the U.S. Each and every year, Halloween is an important and multi-billion dollar retail event in the United States. On average, Halloween spending was estimated to reach a record high of nearly *** U.S. dollars per person in 2024. Some of the North American country's most commonly visited stores for buying Halloween-related items included discount stores, online webshops, and special Halloween/costume stores. Smashing pumpkins During the scariest time of year, people buy tend to buy a variety of food products including chocolate, sweets for trick or treating, as well as pumpkins. Many people around the world and in the United States acquire pumpkins at this time in order to create Jack-o'-lanterns. In 2023, just over *** million Americans planned to carve pumpkins for the Halloween season, which was a noticeable increase compared to the previous year.

Online retail spending in the United Kingdom (UK) never ceased to increase from 2011 to 2021. In 2021, online retail sales amounted to approximately *** billion British pounds. In 2022, inflation contributed to a sharp decline of online retail sales plummeting **** percent. As a result, online retail sales had a value of *** billion British pounds that year. In 2023, online retail spending stood at *** billion British pounds.

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.

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.

In 2023, the United States had the highest per capita health expenditure among OECD countries. At that time, per capita health expenditure in the U.S. amounted over ****** U.S. dollars, significantly higher than in Switzerland, the country with the second-highest per capita health expenditure. Norway, Germany and Austria are also within the top five countries with the highest per capita health expenditure. The United States also spent the highest share of it’s gross domestic product on health care, with **** percent of its GDP spent on health care services. Health Expenditure in the U.S. The United States is the highest spending country worldwide when it comes to health care. In 2022, total health expenditure in the U.S. exceeded **** trillion dollars. Expenditure as a percentage of GDP is projected to increase to approximately ** percent by the year 2031. Distribution of Health Expenditure in the U.S. Health expenditure in the United States is spread out across multiple categories such as nursing home facilities, home health care, and prescription drugs. As of 2022, the majority of health expenditure in the United States was spent on hospital care, accounting for a bit less than *** third of all health spending. Hospital care was followed by spending on physician and clinical services which accounted for ** percent of overall health expenditure.