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Income inequality gap narrows, household income growth slows

Gini coefficient, a measure of income inequality, in 2016 drops to the lowest in a decade
Friday, February 17, 2017 - 05:50

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The gap in income disparity in Singapore is the smallest in a decade while the average household income from work per household member grew at a slower pace in 2016.

Singapore

THE gap in income disparity in Singapore is the smallest in a decade while the average household income from work per household member grew at a slower pace in 2016.

The Gini coefficient, a measure of income inequality, dropped to 0.458 in 2016 from 0.463 in 2015. It was

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