Profile picture for user irina.popescu0
Irina Marica
Senior News & Features Writer

Irina holds a BA in Journalism. Her hobbies include reading, dancing, photography and she is passionate about music (especially Icelandic music), writing and Japanese literature. In the past, she has worked as an editor for an indoor-circuit TV station and also collaborated with several newspapers. You can send her press releases or feedback on her articles by e-mailing irina.marica@romania-insider.com

Eurostat: The richest 20% of Romanians earn 8.3 times more than the poorest 20%

Romania was the EU Member State with the highest ratio for inequality of income distribution in 2015, as the country’s richest 20% earned 8.3 times more than the poorest 20%, according to data from EU’s statistical office Eurostat.

At EU level, the top 20% of the population (those with the highest equivalised disposable income) had 5.2 times higher income than the bottom 20% (the ones with the lowest equivalised disposable income). The ratio varied from 3.5 in Slovakia and the Czech Republic, to 6.0 or more in Portugal, Estonia, Latvia, Greece, Spain, Bulgaria and Lithuania, peaking at 8.3 in Romania.

Among the non-member countries, Iceland (3.4) and Norway (3.5) reported particularly low ratios for the inequality of income distribution, while in Turkey (8.7, 2013 data) and Serbia (9.0) the ratios were higher than in any of the EU Member States.

In Romania, the level of inequality of income distribution has increased considerably in the past years, from a ratio of 6.1 in 2010, to 6.2 in 2011, 6.6 in 2012, 6.8 in 2013, 7.2 in 2014, and 8.3 in 2015.

European Commission: Income inequality is growing in Romania

Irina Popescu, irina.popescu@romania-insider.com

Normal
Profile picture for user irina.popescu0
Irina Marica
Senior News & Features Writer

Irina holds a BA in Journalism. Her hobbies include reading, dancing, photography and she is passionate about music (especially Icelandic music), writing and Japanese literature. In the past, she has worked as an editor for an indoor-circuit TV station and also collaborated with several newspapers. You can send her press releases or feedback on her articles by e-mailing irina.marica@romania-insider.com

Eurostat: The richest 20% of Romanians earn 8.3 times more than the poorest 20%

Romania was the EU Member State with the highest ratio for inequality of income distribution in 2015, as the country’s richest 20% earned 8.3 times more than the poorest 20%, according to data from EU’s statistical office Eurostat.

At EU level, the top 20% of the population (those with the highest equivalised disposable income) had 5.2 times higher income than the bottom 20% (the ones with the lowest equivalised disposable income). The ratio varied from 3.5 in Slovakia and the Czech Republic, to 6.0 or more in Portugal, Estonia, Latvia, Greece, Spain, Bulgaria and Lithuania, peaking at 8.3 in Romania.

Among the non-member countries, Iceland (3.4) and Norway (3.5) reported particularly low ratios for the inequality of income distribution, while in Turkey (8.7, 2013 data) and Serbia (9.0) the ratios were higher than in any of the EU Member States.

In Romania, the level of inequality of income distribution has increased considerably in the past years, from a ratio of 6.1 in 2010, to 6.2 in 2011, 6.6 in 2012, 6.8 in 2013, 7.2 in 2014, and 8.3 in 2015.

European Commission: Income inequality is growing in Romania

Irina Popescu, irina.popescu@romania-insider.com

Normal

Romania Insider Free Newsletter

Get in Touch with Us