Housing costs as a percentage of household income reached 20.0 % in 2000 in Spain, according to the National Statistical Office. This is 5.26 % more than in the previous year.
Historically, housing costs as a percentage of household income in Spain reached an all time high of 20.0 % in 1997 and an all time low of 17.0 % in 1994. When compared to Spain's main peers, housing costs as a percentage of household income in France amounted to 24.0 %, 21.0 % in Italy and 13.0 % in Portugal in 2000.
Spain has been ranked 9th within the group of 16 countries we follow in terms of housing costs as a percentage of household income.
The indicator shows how much a household spends on housing as a proportion of their total disposable income, which is often taken as an indicator of the affordability of housing.