The economic inequality in Greece has decreased by 2.4 percentage points since 2015 (34.2% in 2015), according to household research and living conditions in 2023 . At the same time, according to the ELSTAT survey, the Gini rate was estimated in 2023 to 31.8%, recording an increase of 0.4 percentage points over 2022. The above percentage is interpreted as follows: if we choose two random people in the population, we expect that their income will vary by 31.8% of the average available income. Also, data on the distribution of income in quadrants express the percentage of the total national income equivalent held by each of four (i.e.) sections of the population. In particular, if we classify people in ascending order on the basis of their income (from the smallest to the largest) and then divide the population into four equal parts (based on the total number of individuals), the following arise: 25% of the population in the 1st quarter, with the lowest income, holds 10.4% of the total national available equivalent income, an increase of 0,1 percentage points compared to 2022. 25% of the population in the 4th quarter, with the highest income, holds 45.7% of the total national available income equivalent, increased by 0.4 percentage points over 2022. 50% of the population in the 2nd and 3rd quadrant, with average incomes, hold 44% of the national disposable income, reduced by 0.4 percentage points over 2022. the highest individual annual equivalent income for the 1st quarter is EUR 7,030. the lowest individual annual equivalent income for the 4th quarter is EUR 13,850. Source: RES – ICM

# ELSTAT: The economic inequality in Greece has decreased by 2.4% since 2015

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