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INCO02: Equivalised median income in PPS/euro by type of household, reporting country and time

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No
6/30/2022
PPS/euro
8/11/2017
Eurostat [ilc_di04].
INCO02
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Median income is the amount that divides the income distribution into two equal groups, half having income above that amount, and half having income below that amount. The equivalised disposable 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.

The currency is converted from national currency to euro in Purching Power Standards (PPS), which eliminates the impact of differences in price levels among the Nordic countries.

reporting country

Denmark

Break in time series: 2011, 2020.

Finland

Break in time series: 2004. Provisional data for type of household: 2020.

Sweden

Break in time series: 2008