Income Inequality Map Uk
Disposable income inequality in the uk increased by 1 3 percentage points over the two years up to financial year april to march ending fye 2019 to reach 34 7.
Income inequality map uk. In contrast median disposable income rose 0 4 per cent over the same period to 29 600 in 2019 resulting in income inequality rising to 34 7 per cent from 33 4 per cent two years earlier. Income poverty in the uk concerns around 10 5 of the population a rate close to the oecd average of 11. Between 2007 and 2012 the average household disposable income in the uk fell by accumulated 8 6 less at the bottom tenth of the distribution 6 and more at the top tenth 11. One may think that it is primarily due to differences in regional prices for example 100 can buy more goods and services in missouri than in new jersey.
Despite this rise levels are broadly comparable with fye 2011 levels and lower than those that preceded the economic downturn in fye 2008 38 6. Why is income inequality important for the united kingdom. The gini coefficient is based on the comparison of cumulative proportions of the population against cumulative proportions of income they receive and it ranges between 0 in the case of perfect equality and 1 in the case of perfect inequality. The uk has the 7th most unequal incomes of 30 countries in the developed world but is about average in terms of wealth inequality.
S80 s20 is the ratio of the. According to world bank s poverty and shared prosperity 2020 report the gini coefficient increases about 1 5 points in the five years following major epidemics such. Britain s inequality map stark and growing. If you look at the level of income within region per head it is only really london and the south east where that is back above the levels it.
Income inequality among individuals is measured here by five indicators. A new atlas of inequality which aims to challenge misconceptions about rich and poor areas has been launched today friday 29 november 2019. United kingdom the source for global inequality data. Disparity of income between regions has been large in many advanced countries.
The english atlas of inequality developed by professor alasdair rae and dr elvis nyanzu from the university of sheffield s department of urban studies and planning maps 149 commuting zones known as travel to work areas ttwas across england.