Income Distribution European Countries

Equal income distribution among european nations.

Income distribution european countries. Half the adults have wealth above the. Wealth is the total sum value of monetary assets and valuable material possessions owned by an individual minus private debt at a set point in time a global wealth report is published annually by credit suisse. Sweden and the united kingdom income year 2018 the slovak republic income year 2017 and switzerland income years 2016 and 2017. Median wealth is the amount that divides the wealth distribution into two equal groups.

The aim of the chapter is to describe inter country differences in income. Out of the ten most equal income nations all of them are in the european region. The countries have maintained the social welfare model they used while they were under the soviet union. At the other end of the income scale people in the bottom quintile of the income distribution received less than 7 8 which was the average in the eu member states of disposable income in 12 member states among which they had less than 7 0 in italy spain latvia lithuania bulgaria and romania where the lowest share of 5 6 was.

Income distribution europe version for mobile devices this site enables you to calculate your position in the income distribution of nearly all european countries like the united kingdom uk ireland ie malta mt france fr germany de norway no slovenia si spain es and many more. Income distribution in european countries lis working papers 121 lis cross national data center in luxembourg. Income distribution database. One important measure of income distribution is the ratio of total income received by the 20 of the population with the highest income to that received by the 20 of the population with the lowest income known as the income quintile share ratio.

Majority of these countries are former members of the soviet union. This is a list of countries or dependencies by income inequality metrics including gini coefficients the gini coefficient is a number between 0 and 1 where 0 corresponds with perfect equality where everyone has the same income and 1 corresponds with perfect inequality where one person has all the income and everyone else has no income. Selection country 44 45. There is a difference between median and mean wealth.

Income distribution in european countries 89 3 1. Only the third wave has been used here since changes in income distribution cannot be observed over a short period of three years. Anthony atkinson timothy smeeding lee rainwater 1994. In 2017 the income quintile share ratio in the european union eu was 5 1.