Income inequality: nearly 40 per cent of total income goes to people belonging to highest (fifth) quintile - Issue number 12/2014 - Produkte Statistik kurz gefasst

This article presents data on income inequality, measured by the Gini coefficient, across the EU-28 and three EFTA countries. Income inequality is a complex phenomenon, the result of interaction between several factors. It can be related to employment patterns, income sources, individual characteristics (education level, age, gender, etc.) or household features (number of earners in the household, family size, etc.). Inequality is a broader concept than poverty; while poverty mainly relates to the lowest part of the income distribution, inequality takes into account the living conditions of all people in a society.