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Strong growth in household income
In 2007 Norwegian households experienced a substantial rise in household income. The income growth took place within all income classes. However, high-income households enjoyed the strongest rise in income.
Both average and median equivalent household income rose substantially from 2006 to 2007, by 8.7 per cent and 7.5 per cent in fixed prices respectively.
All income classes enjoyed a strong rise in household income. However, people at the top of the income distribution had the strongest rise in household income. While the highest income class (the 90 t h percentile) had an increase in equivalent income of 8.7 per cent, the lowest income class (the 10 t h percentile) had an increase of 6.9 per cent.
The stronger increase at the top of the distribution can be explained by an increase in property income, mainly profits from selling shares and received dividends.
Tables:
- Table 1 Distribution of household equivalent income after taxes, between persons. (EU-scale). Decile shares and cumulative decile shares. 1986-2007. Per cent
- Table 2 Measures of income despersion. Household equivalent income (EU-scale) between persons. 1986-2007
- Table 3 Composition of total household income within decile groups for household equivalent income after taxes , between persons. (EU-scale). Share of total income. 1990, 1995, 2000, 2005, 2006 og 2007. Per cent
- Table 4 Household equivalent income (EU-scale), for different percentiles of the income distribution. NOK in 2007
The statistics is published with Income and wealth statistics for households.
Contact
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Statistics Norway's Information Centre
E-mail: informasjon@ssb.no
tel.: (+47) 21 09 46 42