Finance

The share of the richest 20 percent of the income is at the peak of 16 years

TURKSTAT, Income Distribution Statistics, published 2022 data.

Income distribution data revealed that the share of the 20 percent who received the highest share from the total income in the country increased, while the share of the 20 percent who received the lowest income decreased.

According to the latest research by TURKSTAT, the share of the 20 percent group with the highest equivalent household disposable income in total income increased by 1.3 points compared to the previous year and reached 48.0 percent, while the 20 percent group with the lowest income increased by 1.3 percentage points compared to the previous year. The share of the group decreased by 0.1 points to 6.0 percent.

The 20 percent group with the highest income received 48.4 percent in 2006 for the TurkStat data set. The 20 percent segment, whose share has shown a decreasing trend in the following years, has taken the highest share after 16 years with a 48 percent share from the total income in 2022.

TurkStat stated that the income information regarding the 2022 results of the Income and Living Conditions Survey, in which the Income Distribution Statistics are calculated, refer to the previous calendar year, 2021. In income calculations; Equivalent household income is converted into disposable income, taking into account household incomes, household size and composition.

Gini coefficient estimate 0.415

Gini coefficient, which is one of the income distribution inequality criteria, expresses equality in income distribution as it approaches zero, and deteriorates income distribution as it approaches one. In the calculation of the Gini coefficient, disposable household income is used, which is found after deducting the taxes paid in the income reference period and regular transfers to other households or persons, from the sum of the annual incomes of the households and individuals.

Gini coefficient calculated over the equivalent household disposable income in previous years; In order to see the effect of social transfers on income distribution, two different methods were calculated separately, excluding all social benefits and excluding all other social transfers, including pension and widow’s pension.

According to the results of the latest research, the Gini coefficient was estimated to be 0.415, an increase of 0.014 points compared to the previous year. The Gini coefficient was estimated at 0.487 when excluding all social transfers, and 0.423 when excluding all other social transfer incomes including pensioners and survivors’ pensions.

The P80/P20 ratio, which is calculated as the ratio of the share of the 20 percent of the society with the highest income to the share of the 20 percent with the lowest income, changed from 7.6 to 7.9, and the 10 percent with the highest income. The P90/P10 ratio, which is calculated as the ratio of the income earned by 10 percent of the people with the least share to the income earned, increased from 13.7 to 14.2.

Average household annual income is 98 thousand 416 liras

According to the survey results of 2022, the annual average household disposable income in Turkey increased by 28.3 percent and became 98 thousand 416 TL.

In the annual average equivalent household disposable income, the highest income was achieved by single-person households, with an increase of 13 thousand 257 TL compared to the previous year, with 62 thousand 554 TL.

While the annual average equivalent disposable household income of households consisting of more than one person without a nuclear family was 60 thousand 696 TL, this value was 49 thousand 902 in households consisting of a single nuclear family.

The household type with the lowest annual average equivalent disposable household income was 36,210 TL, with at least one nuclear family and other persons.

Salary and wage income received the highest share

Salary and wage income, which had the highest share in total income with 46.2 percent, decreased by 0.9 points compared to the previous year. Entrepreneurial income, which increased by 3.5 points compared to the previous year with 21.0 percent, took the second place, while social transfer income, which decreased by 3.7 points compared to the previous year, was in the third place with 20.2 percent.

While the share of agricultural income in the income of entrepreneurs was 19.8 percent, the share of pensioners and survivors’ pensions in social transfers was 89.8 percent.

Employers had the highest average annual basic income of 220 thousand liras.

Annual average main job incomes were calculated as 220 thousand 482 TL for employers, 58 thousand 697 TL for self-employed workers, 56 thousand 899 TL for salaried employees and 25 thousand 632 TL for daily wage earners. Compared to the previous year, the highest increase was in employers with 61.8%, the lowest increase was in salaried employees with 21.5%.

70.5 percent of the 10 percent with the lowest income remained the same, 29.4 percent became even poorer

Since the Income and Living Conditions Survey is a panel study, transition statistics were produced for the first time this year.

When the percentage transitions of the individuals according to the income groups of 10 percent, ordered according to the equivalent household disposable income, are analyzed compared to the previous year; In 2022, the income group of 55.4 percent of the individuals in the first 10 percent group and 70.5 percent of the individuals in the last 10 percent group did not change in the previous year. 21.1 percent of the individuals in the last 10 percent group fell in one income group, and 8.3 percent in the income group decreased more than once.

In addition, the income group of 23.7 percent of the individuals who were in the first 10 percent group in 2021 increased more than once in 2022.

The highest income is in Istanbul, the lowest in Van, Muş, Bitlis and Hakkari

According to the results of the latest research, while the annual average equivalent household disposable income in Turkey was 48 thousand 642 TL in 2022, the region with the highest level of NUTS 2nd Level regions was the TR10 (Istanbul) region with 69 thousand 904 TL. This region was followed by TR51 (Ankara) region with 59 thousand 798 TL and TR31 (İzmir) region with 59 thousand 272 TL. The lowest annual average equivalent household disposable income was realized in TRB2 (Van, Muş, Bitlis, Hakkari) region with 23 thousand 063 TL.

Bir yanıt yazın

E-posta adresiniz yayınlanmayacak. Gerekli alanlar * ile işaretlenmişlerdir

Başa dön tuşu

Ad Blocker Detected

Lütfen reklam engelleyiciyi devre dışı bırakarak bizi desteklemeyi düşünün