Macroeconomy/Finance

In the first quarter, the total income of the population grew by 49.6% year-on-year

The distribution of income registered a slight improvement in the first quarter of the year, 1.1 % compared to the end of 2019. Distribution deteriorated by 0.6 points year-on-year, according to official statistics, and the weakest sector of the population had incomes 23 times lower than the richest. The Gini coefficient, which measures the degree of inequality through income, stood at 0.444 in the first quarter of the year. The total revenue of the population grew by 49.6% compared to the same quarter in 2019.

Source: Ambito

Categories: Macroeconomy/Finance