- Gini coefficient, income quintile ratio ↑, relative poverty rate ↓
[헤럴드경제=이태형 기자]Last year, while the income of the higher income class increased, the income distribution index declined as the income of the low income group fell relatively, as government disaster subsidies were cut off.
According to the results of the Household Financial Well-being Survey 2022 by the National Statistical Office on the 3rd, the Gini coefficient based on equal market income (earned income + business income + property income + private transfer income – private transfer income) in 2021 is 0.405, the same as the previous year. The standard for potential income (market income + public transfer income – public transfer payments) was 0.333, an increase of 0.002 from the previous year.
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The Gini coefficient is a representative indicator of income inequality, with ‘0’ meaning perfect equality and ‘1’ meaning perfect inequality.
The Gini coefficient of the working age group (18-65 years) based on equal disposable income was 0.315, and the retirement age group (66 years and over) was 0.379, an increase of 0.003 from the previous year, respectively.
Meanwhile, the average equal disposable income in 2021 was 36.69 million won, up 6.3% from the previous year.
The first quintile of average disposable income was 12.32 million earned, up 4.5% from the previous year, and the fifth quintile was 73.39 million, up 6.5% from the previous year.
The income quintile ratio, another indicator of income distribution, was 5.96 times, up 0.11 times from the previous year.
Income quintile ratio is the value obtained by dividing the average income of the top 20% by the average income of the bottom 20%. The higher the ratio, the smaller the scale of the distribution.
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Based on equal disposable income, the income quintile of the working age group increased by 0.11 times to 5.30 times, and the retirement age group increased by 0.30 times to 6.92 times.
The equal disposable income relative poverty rate in 2021 was 15.1%, down 0.2 percentage points from the previous year, and the retirement age group was 39.3%, down 1.1 percentage points from the previous year.
Based on equal disposable income, the relative poverty rate for men was 13.6%, unchanged from the previous year, and for women at 16.6%, down 0.3 percentage points from the previous year.
The relative poverty rate is the ratio of the number of people belonging to less than 50% of the median income of equal disposable income (the poverty line is 14.99 million earned in 2020 and 15.87 million earned in 2021) divided with the total population.
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Based on equal disposable income, the relative poverty rate for men in the retirement age group was 33.1%, down 0.8 percentage points from the previous year, and the poverty rate for women in the retirement age group was 44.0%, down 1.3 percentage points from the previous year. year.
The relative poverty rate for the retirement age group is the ratio of the number of people aged 66 and over who belong to less than 50% of the median income from equal disposable income divided by the total number of people aged 66 and over.
Lim Gyeong-eun, head of the Welfare Statistics Department at the National Statistical Office, said, “Total household income has increased due to the increase in earned income.” The income gap has widened,” he said.
thlee@heraldcorp.com
