site.btaEurostat: Bulgaria with Highest Income Inequality in EU in 2017
NW 15:26:01 18-07-2019
MY1524NW.121
121 ECONOMY - INCOME INEQUALITY - STATISTICS - BULGARIA
Eurostat: Bulgaria
with Highest Income Inequality
in EU in 2017
Brussels, July 18 (BTA) - Eurostat released its report on income inequality in EU Member States on Thursday, according to which Bulgaria had the highest income inequality in the EU in 2017.
The way income and wealth are distributed across society determines the extent to which individuals have equal access to the goods and services produced within a national economy. One important measure of income distribution is the ratio of total income received by the 20 per cent of the population with the highest income to that received by the 20 per cent of the population with the lowest income, known as the income quintile share ratio, Eurostat's press release explains.
In 2017, the income quintile share ratio in the European Union (EU) was 5.2. This ratio was highest in Bulgaria at 8.2, followed by Lithuania (7.3), Spain (6.6), Romania (6.5), Latvia (6.3), and Greece (6.1).
Czechia and Slovenia had the lowest income inequality in 2017 (3.4). These were followed by three other Member States with ratios below 4.0: Finland (3.5), Slovakia (3.5), and Belgium (3.8). MY
/МЙ/
MY1524NW.121
121 ECONOMY - INCOME INEQUALITY - STATISTICS - BULGARIA
Eurostat: Bulgaria
with Highest Income Inequality
in EU in 2017
Brussels, July 18 (BTA) - Eurostat released its report on income inequality in EU Member States on Thursday, according to which Bulgaria had the highest income inequality in the EU in 2017.
The way income and wealth are distributed across society determines the extent to which individuals have equal access to the goods and services produced within a national economy. One important measure of income distribution is the ratio of total income received by the 20 per cent of the population with the highest income to that received by the 20 per cent of the population with the lowest income, known as the income quintile share ratio, Eurostat's press release explains.
In 2017, the income quintile share ratio in the European Union (EU) was 5.2. This ratio was highest in Bulgaria at 8.2, followed by Lithuania (7.3), Spain (6.6), Romania (6.5), Latvia (6.3), and Greece (6.1).
Czechia and Slovenia had the lowest income inequality in 2017 (3.4). These were followed by three other Member States with ratios below 4.0: Finland (3.5), Slovakia (3.5), and Belgium (3.8). MY
/МЙ/
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