14.7% of population in Turkey below poverty threshold
Staff Writer |
The share of the top quintile in Turkey by the equivalised household disposable income was 46.5% recording an increase of 0.6 points.
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The share of the bottom quintile was 6.1% with a decrease of 0.1 points in comparison with the previous year.
The income quintile share ratio calculated as the ratio of total income received by the richest 20% of the population to that received by the poorest 20% of the population increased from 7.4 to 7.6.
Gini coefficient one of the measures of inequality varies between 0, which reflects complete equality and 1, which indicates complete inequality. According to 2015 results, Gini coefficient was estimated at 0.397 with an increase of 0.006 points compared with the previous year.
In Turkey, the mean annual equivalised household disposable income increased by 13.5% compared to the previous year from 14 thousand 553 TL to 16 thousand 515 TL.
Whilst wage and salaries got the highest rate with 49.7% of total equivalised household disposable income this was followed by the social transfers with 20% and entrepreneurial incomes with 18.8%.
Pensions and survivor’ benefits composed 92% of social transfers whereas non-agricultural income composed 73.4% of entrepreneurial incomes.
The at-risk-of-poverty-rate according to poverty threshold set at 50% of median equivalised household disposable income was 14.7% with a decrease of 0.3 points in relation to 2014.
As for the at-risk-of-poverty-rate according to poverty threshold set at 60% of median income, it was 21.9% with an increase of 0.1 points in comparison with the previous year.
Considering poverty rates according to poverty threshold set at 50% of median equivalised household disposable income in terms of household types, at-risk-of-poverty-rate of single person households was 8.1% with an increase of 0.9 points, of households without dependent children was 4.8% with an increase of 0.1 points and of households with dependent children was 18.1% with a decrease of 0.3 points compared to previous year. ■