0

The population distribution by income bracket for the US, UK, Japan, Germany, Italy and France are summarized within the enclosed spreadsheet for convenience and ease of viewing.

Assumptions & Calculations

  • Although the research team initially searched for a unified data set for the requested information (e.g., OECD, World Bank), it was ultimately determined that individual data sets by nation provided the most precise and current sources for the desired data points.
  • In parallel, it was assumed that the provided income distribution brackets for Italy and Germany had a slight error, wherein the Low income bucket was expressed in GBP rather than Euros.
  • Given the fact that the Medium and High income brackets for these countries were expressed in Euros, the research team similarly assumed that the Low income bracket should be provided in Euros, and that its value should be similar to that of the Low income bracket for France.
  • Similarly, the provided income distribution brackets for Japan appeared to have a gap between the Medium (JPY 5,000,000 to JPY 7,000,000) and High (JPY 7,200,000+) income tiers. This was similarly corrected within the final data results.
  • Additional assumptions and calculations specific to the summary provided for each nation are detailed further below.

US

  • The US Census Bureau was determined to be the most credible and current source of income distribution information for the US after evaluating several alternative data sources (e.g., Statistical Atlas, Statista).
  • Specifically, income distribution data from 2019 was extracted to the provided spreadsheet workbook, after which the share of the population within each requested income bracket was calculated as follows:
    • Under $20,000: 13.1%
    • $20,000 to $49,000: 24%
    • $50,000 to $99,000: 28.8%
    • $100,000+: 34.1%

UK

  • Similarly, the Office for National Statistics was determined to be the most credible and current source of income distribution information for the UK after evaluating several alternative data sources (e.g., Statista).
  • Specifically, income distribution data from 2019 was extracted to the provided spreadsheet workbook, after which the share of the population within each requested income bracket was calculated as follows:
    • Under 20,000 GBP: 20.5%
    • 20,000 GBP to 39,999 GBP: 48.3%
    • 40,000 GBP+: 31.2%

Japan

  • Statista was determined to be the most credible and current source of income distribution information for Japan after evaluating several alternative data sources (e.g., Hatena).
  • Ultimately, income distribution data from 2018 was calculated from the provided chart (pictured below) for the following income brackets:
    • Under JPY 5,000,000: 57.3%
    • JPY 5,000,000 to JPY 6,999,999: 16.1%
    • JPY 7,000,000+: 26.8%

Income Distro

Germany

  • Statista was determined to be the most credible and current source of income distribution information for Germany after identifying no reasonable credible, alternative data sources.
  • As such, income distribution data from 2018 was calculated from the provided chart (pictured below) for the following income brackets:
    • Under 24,000 Euros: 41.1%
    • 24,000 Euros to 53,999 Euros: 44.0%
    • 54,000 Euros+: 14.9%

Income Distro

Italy

  • Statista was determined to be the most credible and current source of income distribution information for Italy after identifying no reasonable credible, alternative data sources.
  • Specifically, income distribution data from 2018 was calculated from the provided chart (pictured below) for the following income brackets:
    • Under 28,000 Euros: 59.34%
    • 28,000 Euros to 44,999 Euros: 13.57%
    • 45,000 Euros+: 27.1%

Income Distro

France

  • Lastly, Statista was also determined to be the most credible and current source of income distribution information for France after identifying no reasonable credible, alternative data sources.
  • However, even this 2018 data set was determined to have a flaw, given that the provided percentages by income level did not add up to 100% of the population (see below chart).
  • Given the written discussion following the provided chart, it was assumed that the information for the lower income levels was accurate and complete, and that the High income bracket could be calculated as the difference from these Low/Medium tiers, as detailed below.
  • Under 20,000 Euros: 47.17%
  • 20,000 Euros to 39,999 Euros: 26.48%
  • 40,000 Euros+: 26.35%
Income Distro
TDM

COVID-19 IMPACT ON AUSTRALIAN NON-PROFITS

Previous article

OVERARCHING TRENDS SURROUNDING CONSUMERS AND BRANDS

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in TRENDING