Personal Income Distribution New Zealand
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Let s look at some graphs.
Personal income distribution new zealand. The median net worth of new zealand households was 340 000 in 2018 up from 298 000 in 2015. This was their total income before tax their market income plus social security benefits and pensions. Personal income for new zealand from federal reserve bank of dallas for the international house price database release. A scary stat is that 6 of households have a negative net.
This page provides forecast and historical data charts statistics news and updates for new zealand personal income. Personal income distribution of employed people in new zealand by income decile year ended june 2018 thousands of adults. In the mid 1980s new zealand s income distribution was more egalitarian than the oecd average but by the mid 1990s it was considerably less equal than the oecd average. After the second world war distribution of personal income in new zealand became increasingly more equal.
Since 2000 there has been a slight narrowing of the difference. The largest increase was in the numbers on the unemployment benefit. After the second world war distribution of personal income in new zealand became increasingly more equal. In february 1999 statistics new zealand published incomes a report tracing changes in the distribution of new zealanders incomes from 1982 to 1996 one of the most eventful periods in our economic history.
Income and wealth distribution by brian easton. In 2009 almost half of new zealand s wealth was owned by the richest 10 of households. The distribution of household net worth shows that around 25 of households have a net worth between 0 100k. 2006 census data in the 2006 census as in other censuses since 1981 new zealanders aged 15 and over were asked to provide information on their personal income.
In terms of poverty rates in 2004 new zealand was in the middle of the oecd. The increase was concentrated in the period between. Distribution of personal market income did not change correspondingly. Key statistics article may 1999 p 7.
But from the mid 1980s income became less equally distributed. In 2009 almost half of new zealand s wealth was owned by the richest 10 of households. Income distribution in new zealand 1. Find information about the money people get from employment and other sources.