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Statistics Finland
Income distribution statistics
Telephone: +358 29 551 1000
Veli-Matti Törmälehto
No
12/18/2018
Euro, %
12/18/2018
Yes
Statistics Finland
tjkt_017_201700
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Equivalent disposable monetary income by age of person by Data, Age and Year

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Equivalent disposable monetary income by age of person by Data, Age and Year
 199519961997
Number of persons   
All5,040,6005,041,4515,053,929
0-171,158,8671,154,5261,149,783
18-24432,969434,766440,063
Gini coefficient, equivalent disposable monetary income   
All22.222.624.0
0-1719.620.321.4
18-2424.224.926.3
Mean, equivalent disposable monetary income   
All18,47018,76119,668
0-1717,80517,90618,730
18-2416,57516,68917,411
Due to revisions to income concepts the figures for 1995-2009 and 2010-2017 are not fully comparable with each other.
Data in EUR given at year 2017 value.
Unit of analysis: individual. Equivalence scale: modified OECD (1-0.5-0.3).
Description of statistic
Concepts and definitions

Age

Age group

Data

Number of persons

Number of persons

Gini coefficient, equivalent disposable monetary income

The Gini coefficient is the most common indicator describing income differences. The higher value the Gini coefficient gets, the more unequally is income distributed. The biggest possible value for the Gini coefficient is one. Then the highest earning income recipient receives all the income. The smallest Gini coefficient value is 0, when the income of all income recipients is equal. In the income distribution statistics, Gini coefficients are presented as percentages (multiplied by one hundred). The Gini coefficient describes relative income differences. The Gini coefficient does not change if the incomes of all income earners change by the same percentage.

Mean, equivalent disposable monetary income

Equivalent income is an income concept by which incomes of households of different types are made comparable by taking account of shared consumption benefits.
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