Income Distribution In China
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Income distribution in china. We used a provincial level consumer price index cpi to obtain real disposable income for different provinces across china. The average was 21 586 95 yuan and the median was 18 371 34 yuan suggesting that income inequality is not as severe in china as it is in the world. However the average annual growth rates for the bottom 50 per cent in china and the us are significantly lower at 4 5 per cent and 0 per cent respectively while the. Regarding poverty based on the international 5 50 ppp day poverty line in 2011 ppp dollars the headcount ratio of prefiscal income poverty in china in 2013 was 32 3 percent 26 5 percent in the urban areas and 39 2 percent in the rural areas.
China income distribution income share held by second 20 the value for income share held by second 20 in china was 10 60 as of 2015. The higher the number the. The gini coefficient a gauge of income distribution that ranges from 0 to 1 fell from 0 479 in 2003 to 0 465 in 2016 according to the national bureau of statistics. China remains an exciting market for high value consumption due to a large wealthy and affluent population chart 1 annual gross income distribution by age in china.
Disposable income is a person s total income less taxes. 2019 chart 2 distribution of income in china. Textor feb 13 2020 this statistic shows the annual per capita disposable income in urban china in 2018 by income quintile. And france from 1978 2015 as shown in figure 7 the top 1 per cent of the income distribution experienced a growth rate of 8 6 per cent in china 3 0 per cent in the usa and 1 4 per cent in france.
The distribution of household income in china. In a middle income household in china per capita. After a discussion of data and measurement issues we present evidence on national as well as rural and urban inequality and poverty. L p at 1 q r.
As the graph below shows over the past 25 years this indicator reached a maximum value of 12 40 in 1990 and a minimum value of 9 20 in 2010. Key metrics 2019 2040 chart 3 gross income growth index in china 2019 2040 chart 4 average gross income by age in china.
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