Caribbean NL; income inequality for private households

Caribbean NL; income inequality for private households

Caribbean Netherlands Periods Households (number) Measures for income inequality Gini coefficient (coefficient) Measures for income inequality Ratio 80/20 (ratio)
Bonaire 2011 5,800 0.39 8.42
Bonaire 2012 6,150 0.39 8.84
Bonaire 2013 6,550 0.39 8.96
Bonaire 2014 6,850 0.40 9.38
Bonaire 2015 7,000 0.40 9.35
Bonaire 2016 7,450 0.39 8.60
Bonaire 2017 7,800 0.40 9.40
Bonaire 2018* 8,100 0.40 9.53
St. Eustatius 2011 950 0.42 10.73
St. Eustatius 2012 1,000 0.41 10.45
St. Eustatius 2013 1,100 0.41 11.09
St. Eustatius 2014 1,100 0.41 10.87
St. Eustatius 2015 1,150 0.43 11.99
St. Eustatius 2016 1,250 0.43 11.92
St. Eustatius 2017 1,300 0.41 11.05
St. Eustatius 2018* 1,300 0.42 11.17
Saba 2011 550 0.41 9.55
Saba 2012 600 0.38 7.66
Saba 2013 600 0.38 8.09
Saba 2014 650 0.36 7.54
Saba 2015 700 0.38 8.13
Saba 2016 750 0.36 7.06
Saba 2017 750 0.37 7.60
Saba 2018* 750 0.37 7.91
Source: CBS.
Explanation of symbols

Table description


This table provides the income inequality between private households in the Caribbean Netherlands; the islands of Bonaire, St. Eustatius, and Saba. Inequality is summarized by means of the Gini coefficient and 80/20 Ratio.

Population:
The population consists of the people in private households with income observed. The reference date is December 31 of the year under review.

Data is available starting from:
2011.

Status of the figures:
The figures for the years 2011 through 2017 are final.
The figures for 2018 are provisional.

Changes September 3, 2020:
The final figures for 2017 have been added.

When will new figures be published?
New figures are expected in May 2021.

Description topics

Households
Number of private households on the 31st of december of the reference year.
Measures for income inequality
To map changes in income within a population, several income inequality measures exist. Their goal is to present the inequality with one single value. Each measure has its own interpretation with its positive and negative aspects. To obtain the most complete description of the income inequality it is important to present several measures next to each other.
Gini coefficient
The gini coefficient is a measure for income inequality, varying between 0 (everyone has the same income) and 1 (one household has all the income, the others have none).
Ratio 80/20
The ratio 80/20 is a measure for income inequality. Presenting the ratio between the total income of the highest and lowest income quintile.