Only 20% of households in the Uruguay They managed to recover the income that they lost in 2019 due to the pandemic, while the remaining 80%, the middle and lower class sectors, still have to recover.
According to the consultant Exante, based on official data from the National Institute of Statistics (INE), Only 20% of households managed to recover their 2019 income, these being the richest sectors of society. With this premise, the consulting firm assured that inequality grew in the country.
In this way, the 20% of households that recovered their income levels even have 3.6% more than in 2019, while the other 80% did not manage to recover. Thus, income in the richest sectors went from 145,634 pesos on average to 206,045 pesos.
With an average income of 91,017 pesos, money inflows to households, in general, rose 3% since in 2019 they were 66,120 pesos. Meanwhile, the first quintile went from 20,769 to 27,861 last year, which represents that it still has 2.4% to recover compared to 2019.
The second quintile, for its part, had average incomes of 49,755 in 2023, while in 2019 they were 36,746, taking into account the real value of the Uruguayan pesos, they still have 0.9% to recover. The third group had an average income of 71,149 last year, while in 2019 it was 52,610, so they would need to recover 1%.
Finally, the fourth quintile establishes an average income of 100,510 pesos compared to 74,882 in 2019, so they still have 1.7% to recover.
Average household income grew by 6.9% in the first quarter
He median household income Uruguayans grew by 6.9% during the first quarter, after their estimate was about 6,080 pesos above the last one last year, after going from 89,315 pesos in the fourth quarter of 2023 to the current 95,395 pesos.
The data comes from the latest technical bulletin of “Income of Households and Individuals” prepared by the National Institute of Statistics (INE) for the first quarter of the year.
In Montevideo, the average household income went from 111,458 pesos to 117,142 pesos from one quarter to the next, that is, an increase of 5.10%. In it insideFor its part, the increase was 8.72% after going from 74,205 pesos to 80,677 pesos, below the average for the capital and the country as a whole.
As for the median, this stood at 73,667 pesos for the average of the Uruguayat 89,228 pesos for Montevideo and at 64,293 pesos for the interior of the country.
Source: Ambito
