2023-12-22 19:32:00
63.2% of the employed population received an average income of $193,281 during the third quarter of 2023, while receiving an amount greater than $400 thousand turns a citizen into part of the richest 10% in Argentina.
This was reported this Friday by the National Institute of Statistics and Censuses (INDEC)with the update of the Evolution of Income Distribution (EPH).
As reflected in the document, which analyzes 31 urban agglomerations, the average per capita income of the total population, which corresponds to 29,463,758 people, reached $123,574while the median income per capita was $91.000.
Analyzed according to individual income scale, the average income of the lowest stratum equals $66,616. While that of the middle stratum amounts to $182.061. And with respect to the highest, the figure reaches $469.121.
In the case of homes, labor income represented 76.8% of the totalwhile non-working onessuch as retirements and pensions, rent, food quotas or cash aid from other households and subsidies or social assistance from the government, to mention, They reached the remaining 23.2%.
For its part, the gender gap was 22.6%the lowest level since the fourth quarter of 2020: while Male recipients had an average income of $223,140, that of women was $164,192.
Income loses against inflation
The $193,281 corresponding to the average income of the total population They do not cover the cost of a Total Basic Basketwhich rose 13.1% in November, if we consider that it is the salary of two people who make up a typical family.
The thing is, according to INDEC, a house with four members (two adults and two minors) needed to receive income of $390,456 so as not to be in a situation of poverty.
If we add the estimated average salary in the EPH, The result is $386,562.just under $4,000 of what is necessary to satisfy basic needs, not only from a nutritional point of view but also from the side of goods and services.
They assure that the salary should increase more than 100% due to Milei’s measures: “If not, 2001 is going to be a pain”
This was announced in the middle of a general rise in prices and after the recent announcements by Luis Caputo, what includes a devaluation of 54%which positioned to the official dollar above $800. However, the data corresponds to the weeks prior to the assumption of Javier Mileyaffected by political and economic uncertainty, related in part to the policy of ‘price liberation’ y the elimination of Fair Prices due to the imminent change of government.
However, it should be noted that the data regarding income corresponds entirely to the last full quarter of Alberto Fernández’s presidency.
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