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INCO03: Relative median income ratio 65+ by sex, reporting country and time

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4/16/2024
Relative median income ratio
10/4/2024
11/9/2018
Eurostat [ilc_pnp2] (Denmark, Finland, Iceland, Norway, Sweden, EU, EA).
Delivered by National Statistics Institutes (Greenland).
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The relative median income ratio is defined as the ratio of the median equivalised disposable income of people aged above 65 to the median equivalised disposable income of those aged below 65. Equivalised income is the total income of a household, after tax and other deductions, that is available for spending or saving, divided by the number of household members converted into equalised adults. Household members are equalised or made equivalent by weighting each according to their age, using the so-called modified OECD equivalence scale. Median income is the amount which divides the income distribution into two equal groups, half having incomes above the median, half having incomes below the median.

reporting country

Denmark

Break in time series: 2011, 2020.

Finland

Includes Åland.

Break in time series 2004.

Sweden

Break in time series: 2008.

EA

EA refers to the euro area, with a fixed area composition of the current 20 countries (from 2023).

Break in time series: 2020

EU

From June 2020: EU refers to EU27_2020, which is the European Union with a fixed area composition of the current 27 countries.

2014 - 2019: Estimated

Break in time series: 2020

reporting country: Denmark , time: 2011

Break in time series.

reporting country: Denmark , time: 2020

Break in time series.

reporting country: Finland , time: 2004

Break in time series.

reporting country: Sweden , time: 2008

Break in time series.

reporting country: EA , time: 2020

Break in time series.

reporting country: EU , time: 2020

Break in time series.