The gini index in Canada was forecast to remain on a similar level in 2029 as compared to 2024 with 0.33 points. According to this forecast, the gini will stay nearly the same over the forecast period. The Gini coefficient here measures the degree of income inequality on a scale from 0 (=total equality of incomes) to one (=total inequality).The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the gini index in countries like United States and Mexico.

Statistics on income inequality based on the Gini index and the p90/p10 ratio on various household income concepts (market income, total income, after-tax income) for Canada, provinces and territories, census divisions and census subdivisions.

Gini coefficients of adjusted market, total and after-tax income, annual.

Canada CA: Income Share Held by Highest 20% data was reported at 39.100 % in 2019. This records a decrease from the previous number of 39.700 % for 2018. Canada CA: Income Share Held by Highest 20% data is updated yearly, averaging 40.100 % from Dec 1971 (Median) to 2019, with 43 observations. The data reached an all-time high of 43.000 % in 1971 and a record low of 38.300 % in 1989. Canada CA: Income Share Held by Highest 20% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Social: Poverty and Inequality. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada);  Statistics (3 items: Value; Distribution of value; Value per household);  Characteristics (13 items: All households; Lowest income quintile; Second income quintile; Third income quintile; ...);  Wealth (11 items: Total assets; Financial assets; Life insurance and pensions; Other financial assets; ...).

This table contains 172 series, with data for years 1996 - 1996 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (173 items: Canada; Newfoundland and Labrador; Health and Community Services St. John's Region, Newfoundland and Labrador; Health and Community Services Eastern Region, Newfoundland and Labrador; ...).

Canada CA: Income Share Held by Lowest 10% data was reported at 2.900 % in 2019. This records an increase from the previous number of 2.800 % for 2018. Canada CA: Income Share Held by Lowest 10% data is updated yearly, averaging 2.700 % from Dec 1971 (Median) to 2019, with 43 observations. The data reached an all-time high of 2.900 % in 2019 and a record low of 1.700 % in 1971. Canada CA: Income Share Held by Lowest 10% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Social: Poverty and Inequality. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

Distribution of employment income of individuals by sex and work activity, Canada, provinces and selected census metropolitan areas, annual.

The data and programs replicating tables and figures from "Wealth of Two Nations: The U.S. Racial Wealth Gap, 1860-2020", by Derenoncourt, Kim, Kuhn, and Schularick are too large to host on the Harvard Dataverse. They are available for download here instead: https://hu.sharepoint.com/:f:/s/HarvardEconomicsDatasets/Eq4g3n5WstlBvdknSsAI_FYBVNFV2trgP1It-Wv0rb9G3w?e=axHfn0 They are also hosted by the authors on openICPSR: https://www.openicpsr.org/openicpsr/project/194203/version/V1/view Please see the ReadMe_DKKS_QJE_2023 file for additional details.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in New Canada, Maine, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 21,378, while the mean income for the highest quintile (20% of households with the highest income) is 175,530. This indicates that the top earners earn 8 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 303,570, which is 172.94% higher compared to the highest quintile, and 1420.01% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for New Canada town median household income. You can refer the same here

About this dataset

Context

The dataset presents median income data over a decade or more for males and females categorized by Total, Full-Time Year-Round (FT), and Part-Time (PT) employment in New Canada town. It showcases annual income, providing insights into gender-specific income distributions and the disparities between full-time and part-time work. The dataset can be utilized to gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals.

Key observations: Insights from 2023

Based on our analysis ACS 2019-2023 5-Year Estimates, we present the following observations: - All workers, aged 15 years and older: In New Canada town, the median income for all workers aged 15 years and older, regardless of work hours, was $52,250 for males and $27,500 for females.

These income figures highlight a substantial gender-based income gap in New Canada town. Women, regardless of work hours, earn 53 cents for each dollar earned by men. This significant gender pay gap, approximately 47%, underscores concerning gender-based income inequality in the town of New Canada town.

- Full-time workers, aged 15 years and older: In New Canada town, among full-time, year-round workers aged 15 years and older, males earned a median income of $63,125, while females earned $51,375, leading to a 19% gender pay gap among full-time workers. This illustrates that women earn 81 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.

Surprisingly, the gender pay gap percentage was higher across all roles, including non-full-time employment, for women compared to men. This suggests that full-time employment offers a more equitable income scenario for women compared to other employment patterns in New Canada town.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Gender classifications include:

• Male
• Female

Employment type classifications include:

• Full-time, year-round: A full-time, year-round worker is a person who worked full time (35 or more hours per week) and 50 or more weeks during the previous calendar year.
• Part-time: A part-time worker is a person who worked less than 35 hours per week during the previous calendar year.

Variables / Data Columns

• Year: This column presents the data year. Expected values are 2010 to 2023
• Male Total Income: Annual median income, for males regardless of work hours
• Male FT Income: Annual median income, for males working full time, year-round
• Male PT Income: Annual median income, for males working part time
• Female Total Income: Annual median income, for females regardless of work hours
• Female FT Income: Annual median income, for females working full time, year-round
• Female PT Income: Annual median income, for females working part time

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for New Canada town median household income by race. You can refer the same here

Canada CA: Income Share Held by Lowest 20% data was reported at 7.600 % in 2019. This records an increase from the previous number of 7.400 % for 2018. Canada CA: Income Share Held by Lowest 20% data is updated yearly, averaging 7.100 % from Dec 1971 (Median) to 2019, with 43 observations. The data reached an all-time high of 7.600 % in 2019 and a record low of 5.600 % in 1971. Canada CA: Income Share Held by Lowest 20% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Social: Poverty and Inequality. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

Wealth and its subcomponent distributions, dollar values and dollar value per household, by household characteristics such as income quintile, age, housing tenure and composition, Canada, annual 2010 to 2019 and quarterly starting 2020.

These datasets form the basis of an empirical inquiry into whether income inequality belongs in a macro model of voter turnout. Time series modeling suggests that the Gini coefficient enters nonlinearly in Canada and this finding is confirmed in a panel data model of Indian states.

Canada CA: Income Share Held by Fourth 20% data was reported at 23.100 % in 2019. This records an increase from the previous number of 23.000 % for 2018. Canada CA: Income Share Held by Fourth 20% data is updated yearly, averaging 23.100 % from Dec 1971 (Median) to 2019, with 43 observations. The data reached an all-time high of 23.600 % in 1979 and a record low of 22.700 % in 2007. Canada CA: Income Share Held by Fourth 20% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Social: Poverty and Inequality. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

Income share held by highest 10% of Canada decreased by 1.64% from 24.40 % in 2018 to 24.00 % in 2019. Since the 1.22% upward trend in 2017, income share held by highest 10% fell by 3.61% in 2019. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.

Canada CA: Income Share Held by Second 20% data was reported at 12.800 % in 2019. This records an increase from the previous number of 12.700 % for 2018. Canada CA: Income Share Held by Second 20% data is updated yearly, averaging 12.500 % from Dec 1971 (Median) to 2019, with 43 observations. The data reached an all-time high of 13.200 % in 1989 and a record low of 11.700 % in 1971. Canada CA: Income Share Held by Second 20% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Social: Poverty and Inequality. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

The income quintiles refer to the quintiles estimated at the Canada level and not at the provincial/territorial level. The Income quintiles are assigned based on the equalized household disposable income. This takes into account differences in household size and composition. The Oxford-modified equivalence scale is used; it assigns a value of 1 to the first adult, 0.5 to each additional person aged 14 and over, and 0.3 for all children under 14. Age groups refer to the age group of the major income earner. Life insurance and pensions include the value of all life insurance and employer pension plans, termination basis. Excludes public plans administered or sponsored by governments: Old Age Security (OAS) including the Guaranteed Income Supplement (GIS) and the Spouse's Allowance (SPA), as well as the Canada and Quebec Pension Plans (CPP/QPP). Other financial assets include total currency and deposits, Canadian short-term paper, Canadian bonds and debentures, foreign investments in paper and bonds, mortgages, equity and investment funds, and other receivables. Other non-financial assets include consumer durables, machinery and equipment, and intellectual property products. Excludes accumulation of value of collectibles including coins, stamps and art work. Other liabilities include major credit cards and retail store cards, gasoline station cards, etc., vehicle loans, lines of credit, student loans, other loans from financial institutions and other money owed. The sum of the values for net worth and its components by province and region is less than the total for Canada as they exclude the territories. The coefficients of variation from Statistics Canada's Survey of Financial Security for 2012 and 2016, which serve as indicators of the accuracy of these estimates for net worth and its components, are available in the appendix to Distributions of Household Economic Accounts, estimates of asset, liability and net worth distributions, 2010 to 2019, technical methodology and quality report for the March 2020 release. Distribution of value" is the share of a wealth component (such as total assets) attributable to the various household characteristics (such as lowest income quintile)." This table has been archived and replaced by table 36100661.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Little Canada, MN, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 15,368, while the mean income for the highest quintile (20% of households with the highest income) is 307,624. This indicates that the top earners earn 20 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 656,719, which is 213.48% higher compared to the highest quintile, and 4273.29% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Little Canada median household income. You can refer the same here

Statistics on income inequality based on the Gini index and the p90/p10 ratio on various household income concepts (market income, total income, after-tax income) for Canada, provinces and territories, census divisions and census subdivisions.