Income Disparity In Lithuania

Income and wealth lithuania is one of the fastest growing economies in europe but with a gini coefficient of 37 6 2017 1 income inequality in the country is now the highest in the european union.

Income disparity in lithuania. Lithuania the source for global inequality data. Income inequality in lithuania has consistently exceeded income inequality in the euro area and slovakia. Many lithuanians have not adjusted well to the market economy. The legacy of soviet control in lithuania is one of poverty and deep disparities in income.

And iv tax benefit system. Unemployment stands at 8 percent which is lower than in france or italy and the world bank s income inequality indicator the gini index suggests that lithuania has higher income equality than the u. Additionally there was a sharp rise in income inequality since 2011 when the gini coefficient rose by 5 6 gini points. We confirm that income inequality in lithuania is high compared to the eu average.

Female share of employment in senior and middle management n a. We quantify the contributions of four factors to changes in the disposable income distribution. Estimated gross national income per capita female 2011 ppp n a. We model the household disposable income distribution in lithuania and explore the drivers of the increase in income inequality between 2007 and 2015.

Ii labour market structure. Ii labour market structure. Gender inequality index. We investigate it using the eu statistics on income and living conditions sample microdata.

And iv tax benefit. Open access high quality wealth and income inequality data developed by an international academic consortium. Ii returns and prices. Ii returns and prices.

Even though lithuania s household income inequality is among the highest in the european union eu little empirical work has been carried out to explain such disparities. Despite the relatively high poverty rate in lithuania other development indicators like unemployment and income inequality are somewhat low. Despite high economic growth and rapid convergence with advanced countries lithuania s income inequality has become the highest in the eu. N2 we model the household disposable income distribution in lithuania and explore the drivers of the increase in income inequality between 2007 and 2015.

We quantify the contributions of four factors to changes in the disposable income distribution. Estimated gross national income per capita male 2011 ppp n a. In contrast the gini coefficient has been. Female shares of graduates in science technology engineering and mathematics programmes at tertiary level n a.

In 2012 the income of the richest 20 of the population was five times that of the poorest 20 now it is seven.