Income inequality in Cyprus below EU 28 average

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Income inequality in Cyprus below EU 28 average
 © In-Cyprus 2019
The income quintile share ratio — an indicator of income inequality — in Cyprus in 2017 stood at 4.6 — which is below the EU 28 average of 5.2, according to figures issues by Eurostat on Thursday.

It noted that 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% of the population with the highest income to that received by the 20 % of...


This article was automatically added to our system 18-7-2019

Income inequality in Cyprus below EU 28 average


The contents of this article including any associated images are © In-Cyprus 2019
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