Spain - Housing Cost Overburden
Since 2014, Spain Housing Cost Overburden decreased by 2.6points year on year. In 2019, the country was ranked number 4 among other countries in Housing Cost Overburden with 28.6 Percent of Households Devoting More Than 40% of their Income to Housing Costs. Spain is overtaken by Luxembourg, which was number 3 at 30.1 Percent of Households Devoting More Than 40% of their Income to Housing Costs and is followed by Iceland with 28.4 Percent of Households Devoting More Than 40% of their Income to Housing Costs. Greece lead the ranking with 40.3 Percent of Households Devoting More Than 40% of their Income to Housing Costs in 2019, that is +1.3points compared to 2018. Luxembourg recorded the best 5 years average growth at +6.4points per year, while Estonia recorded the worst performance at -7.6points per year.
| Date | Percent of Households Devoting More Than 40% of their Income to Housing Costs |
|---|---|
| 2019 | 28.60 |
| 2018 | 28.80 |
| 2017 | 29.30 |
| 2016 | 27.60 |
| 2015 | 30.10 |
How does Spain rank in Housing Cost Overburden?
| # | 30 Countries | Percent of Households Devoting More Than 40% of their Income to Housing Costs | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
Greece
|
40.30 % | 2019 | +1.3 % | -0.8 % | View data |
| 2 |
#2
Chile
|
37.40 % | 2019 | +3.6 % | NA | View data |
| 3 |
#3
Luxembourg
|
30.10 % | 2019 | +3.4 % | +6.4 % | View data |
| 4 |
#4
Spain
|
28.60 % | 2019 | -0.7 % | -2.6 % | View data |
| 5 |
#5
Iceland
|
28.40 % | 2019 | +1.1 % | +0.1 % | View data |