Income distribution improved in the third quarter

Income distribution improved in the third quarter

Also, that the calculated gap between the extremes of high and low income was 13. In the interannual comparison, the median gap narrowed by two points compared to the third quarter of 2021.

In the case of households, labor income represented 75.7% of total incomewhile income non-labor reached the remaining 24.3%. The weight of non-labor income was greater for the lowest deciles of total family income, being equal to 60.4% in the first and 13.7% in the tenth.

Regarding the household dependency ratio, INDEC added that the number of unemployed persons was 126 for every 100 employed, while the number of non-income earners was 62 for every 100 earners. According to INDEC, this relationship is higher in the case of the lowest deciles. For decile 1, for example, it is equal to 254 unemployed people for every 100 employed people and 154 non-recipients for every 100 recipients.if households are ordered according to family per capita income.

Regarding the employed population, there was a median income of $78,930 and a median income of $62,000equivalent to the upper income limit of decile 5, below which 50% of employed persons fall.

The average income of the first four deciles of the population, ordered according to income from the main occupation, is $29,252. The average income of the middle stratum (deciles 5 to 8) is $78,244, while the income of deciles 9 and 10 is equivalent to $179,173.

Regarding the salaried population, INDEC registered 9,362,196 people with an average income of $83,310. The average income of salaried people with a retirement discount was $104,790 (+68.9% year-on-year)while in the case of those without a retirement discount, the average income is equivalent to $45,981 (+68.4% year-on-year).

61.9% of the total population (18,072,243 people) received some income, the average of which is equal to $83,755. Analyzed according to the individual income scale, the average income of the low stratum (deciles from 1 to 4) is equivalent to $29,998; that of the middle stratum (deciles from 5 to 8), $79,066; and that of the upper stratum (deciles 9 and 10), $200,714. Male recipients had an average income of $95,609while that of women was $72,150

Source: Ambito

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