Component 3: Value of Household Work

Definition

The term household work contains the activities of “house work and gardening”, “child care” “construction and craftsmanship”, “purchasing and household organization”, and “support, care and assistance”  (in prices of 2010).

Effect on the NWI:

Description and meaning of the component:

Household work is indeed a part of a country’s economic value creation (keyword “care economy”).

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Development of the component

Value of household work

(prices of 2010)

billion Euro

source: Statistisches Bundesamt, graphic account by FEST/FFU