Caribbean NL; income inequality for private households

Changed on: 30/06/2022 15:30

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	7,850	0.40	9.24
Bonaire	2018	8,200	0.40	9.28
Bonaire	2019	8,550	0.39	9.02
Bonaire	2020*	8,600	0.39	9.26
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	10.38
St. Eustatius	2018	1,300	0.42	11.07
St. Eustatius	2019	1,350	0.43	11.51
St. Eustatius	2020*	1,250	0.41	10.32
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	0.36	7.40
Saba	2018	750	0.37	7.70
Saba	2019	750	0.38	8.25
Saba	2020*	750	0.35	6.54
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 2011 to 2019 are final.
The figures for 2020 are provisional.

Changes June 30, 2022:
The final figures of 2019 and the provisional figures of 2020 are added.
The final figures for 2018 have been changed due to complete child benefit data.

When will new figures be published?
New figures are expected in September 2023.

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.