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IP01026 Equivalent income by percentile intervals and age (2009-2021)

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About table

Contact

Høgni P. Vilhelm

Latest update

9/12/2023

Unit

persons and DKK

Update frequency

Next update

6/4/2024

Creation date

5/1/2019

Yes

Source

Statistics Faroe Islands

Matrix

IP01026_INNT_JAVN_A1

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unit Mandatory

Selected 0 of total 2

age Mandatory

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Field for searching for a specific value in the list box. This is examples of values you can search for.0 years , 1 years , 2 years ,

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year Mandatory

Beginning of word

Field for searching for a specific value in the list box. This is examples of values you can search for.2009 , 2010 , 2011 ,

Selected 1 of total 13

percentile intervals Mandatory

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Field for searching for a specific value in the list box. This is examples of values you can search for.1 , 2 , 3 ,

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Footnotes

Symbols: - Nil (exactly zero)
0 Rounded to zero
• Not applicable
•• Not available or too uncertain
••• Not disclosed, confidentiality/privacy protected
Privacy protection
Due to privacy protection you are not aloved to combine the variables sex, region, age and type of household. If more than one of these variables at selected at a time, the result is shown as '...' Equivalent income
Adjusted disposable household income to take account of different household compositions.
Equivalent income shows the average purchasing power of the household members.
Concerning the quantile intervals in these tables Quantile (per mille and percentile) intervals of gross income, disposable income, taxes and equivalent income are calculated having only whole numbers of persons in each interval, but not always the same number in each interval. The value in the interval is the arithmetic mean of the total amounts in the interval. The intervals are ordered ascending by the mean in each interval. The first quantile interval has the lowest mean and the last quantile has the highest mean. Example: The per mille intervals in the vector disposable income in 2009
36,294 persons are to be distributed evenly in 1000 intervals such that all intervals contain a whole number of persons. This is accomplished by having 37 persons in the first 294 intervals and 36 persons in the last 706 intervals. This ensures that the averages will be ascending across interval 294 and 295 just as across intervals containing the same number of persons. Take note that when the total income is multiplied for several quantile intervals simultanously there is a break in the incremental growth where the number of persons changes. This is not a problem, on the contrary. This approach guarantees that subsequent calculations of ratios and sums will be correct according to the actual amounts the intervals are calculated from. The distribution of averages in each interval aggrees so well with the distribution of (standard) quantiles that there is almost no visible difference between these methods. A standard quantile distribution would not allow the precise calculations possible by using interval means. The series disposable income and taxes are evaluated separately. There is no exact correspondance between disposable income and the difference between gross income and taxes due to the fact that a (small) number of persons are not the same per mille interval for a certain year. A person with a high gross income can for example have an extraordinary high (or promoted) taxdeduction resulting in almost no taxes.

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IP01026 Equivalent income by percentile intervals and age (2009-2021)

Choose variables

percentile intervals

unit

Danish kroner per person