Level of Income Inequality in Turkey Explained

Turkish Statistical Institute (TUIK), regarding the year 2021 “Income and Living Conditions Survey” published its report. The published report, income inequality shows the level. Let’s take a closer look at the striking details of the research conducted by TURKSTAT.

According to the data announced by TUIK, the 20 percent segment with the highest income group, 46.7% of the total income in Turkey in possession. The share of the citizens with the lowest income from the cake is only 6.1 percent. The rates were announced as 47.6 percent and 5.9 percent, respectively, in 2020. According to these figures, TURKSTAT explains the income inequality in Turkey. 0.401 of the “gini” coefficient states that it is. If this coefficient approaches zero, it shows that income inequality has decreased, and if it is close to 1, it reveals that income inequality has increased. The Gini coefficient was estimated at 0.410 in 2020.

Here is Turkey’s income distribution table

Income available to households increased to 76 thousand 733 TL

According to the researches, the annual money that a household in Turkey can spend will be in 2021. 76 thousand 733 TL recorded as. This amount was 10.6 percent higher than the previous year. However, the fact that the inflation figures in 2021 are higher than 10.6 percent indicates that the purchasing power has decreased despite the increase in unit revenues.

Almost half of the total income came from salaries and wages.

Examining how the citizens generate their total income, TURKSTAT 47.1 percentIt turned out that ‘ part of it was provided from salaries and wages. your income 23.9 percentSocial transfers, that is, pensions and widows’ and orphans’ pensions, covered the rest. The income item following social transfers was entrepreneurs with a rate of 17.5 percent.

Employer earned 136 thousand 280 TL, salaried employee earned 46 thousand 846 TL

According to the research, the average employer’s pocket money in the past year 136 thousand 280 TL salaried employees were able to earn about a third of that money when entering. In 2021, the money that went into the pockets of salaried employees was recorded as 46 thousand 846 TL. Citizens working on a daily wage basis 18 thousand 6 TL they were able to win. When these figures are compared to the previous year, it has been revealed that the group that increased their income the most was the self-employed with an increase of 14%.

Permanently poor rate rose to 13.8 percent

According to four-year data, the proportion of individuals who were poor in the last year and in the previous two years will be in 2021. 13.8 percent it happened. In addition, being able to make unexpected expenses economically with the ownership of a washing machine, color television, telephone and automobile, being able to cover the expenses of a week’s vacation away from home, paying rent, mortgage and interest debts, eating a meal containing meat, chicken, fish every other day, and being able to stay at home. Those who cannot meet at least four of the items in the form of meeting the heating need and as a result of this “serious financial deprivationThe rate of those who withdraw was announced as 27.2 percent in 2021.

57.5 percent of Turkey lives in their own home

According to TUIK’s 2021 research, citizens 57.5 percent he lives in his own house. On the other hand, the rate of renters is 26.8 percent. 14.6% of us live in a house that does not belong to them, but for this house not paying rent.

The rate of those who said “I don’t have any debt or installment payments” decreased to 36.4 percent.

According to the results of the Income and Living Conditions Survey for 2021 “I don’t have any debt or installment payments.The proportion of those who say ” is compared to the previous year. decreased by 5.4 percent and recorded as 36.4 percent. Thus, the proportion of citizens who have fallen into debt or installments 63.7 percentIt has risen to…