Average income stood at $701,865 in the fourth quarter 2024

It is the record that the Indec measured based on the Permanent Household Survey for the fourth quarter of 2024. It is just an average: a lot of people charge less than that. In contrast, the basic family basket exceeds 1.3 million pesos, almost twice as much.

In addition, for the organism, 10% of the “richest” population is the group of people who earn more than $1.5 million.

The National Institute of Statistics and Censuses (INDEC) published on Thursday the data that measures the distribution of income (EPH) in Argentina. The average individual income was 701,865 pesos during the fourth quarter of 2024. The average income of the first four deciles of the population, ordered according to income of the main occupation, was $233,134. The average income of the middle stratum (deciles from 5 to 8) was $704,059, while the…

The average income was $701,865 in the fourth quarter of the year, according to the main results of the Evolution of Income Distribution (EPH) of Indec. The results of the fourth quarter of 2024 corresponding to the 31 urban agglomerates reported by EPH recorded that the total amount of income for the total reference population was $13,182,169 million, which represented an increase of 185.6% over the same quarter of 2023. The average per capita …

The National Institute of Statistics and Censuses (INDEC) published this Thursday the data that measures the distribution of income in Argentina, which revealed a slight drop in inequality in the country. The Gini coefficient, which evaluates the disparity in the income per capita family, was 0.430 in the 4th quarter of 2024, a 0.005 lower compared to the same quarter of 2023, when the value was 0.435. Likewise, the evolution of the income distr…