Income Distribution Hong Kong

Wages in hong kong averaged 12797 05 hkd month from 1999 until 2020 reaching an all time high of 17304 hkd month in the third quarter of 2019 and a record low of 10382 hkd month in the first quarter of 2005.

Income distribution hong kong. Sweden and the united kingdom income year 2018 the slovak republic income year 2017 and switzerland income years 2016 and 2017. The average household income in hong kong depends on a number of factors. Key among these factors is the source of income which in this case refers to the type of profession. One in three elderly hongkongers lives below the poverty line.

Hong kong the source for global inequality data. Income distribution database. The study was undertaken by making use of data from the 2016 population by census and relevant administrative information. The median monthly domestic household income for 2014 was 23 500.

The gini coefficient a measure of income disparity was at 0 539 in 2016 up from 0 537 in 2011 the household income distribution report issued by hong kong census and statistics department has shown. However salaries increased to an average of 17 200 hkd per month in the 2nd quarter of 2019. This page provides hong kong wage index actual values. Wages in hong kong increased to 16967 hkd month in the second quarter of 2020 from 16955 hkd month in the first quarter of 2020.

The census and statistics department c sd released the results of the study on household income distribution in hong kong in 2016 today june 9 in the thematic report on household income distribution in hong kong. The restructuring of hong kong s economy has contributed to a skewing of the distribution of income in hong kong. Open access high quality wealth and income inequality data developed by an international academic consortium. Analyses of data collected in separate population surveys in china 2005 and hong kong 2007 reveal a higher degree of tolerance of income inequality and a higher degree of perceived fairness of income distribution in hong kong than in the mainland.

Data have been revised for belgium and ireland income year 2017. From the bottom to the top of the distribution of income and wealth and also that span over much longer periods. The distribution of domestic households in hong kong by monthly household income was as follows. Of total monthly household income domestic households under 4 000 5 4 4 000 5 999 5 3 6 000 7 999 4 8 8 000 9 999 4 9 10 000 14 999 11 3 15 000 19 999 10 6.

Average household income in hong kong.