Dark Mode
Consistent International Income Data
Data Science and Analytics
Tags and Keywords
Trusted By
"No reviews yet"
Free
About
This dataset provides a consistent collection of global net income distribution statistics spanning from 1958 to 2015. It is designed to inform analysis on income inequality and human welfare by offering a single, unified income concept (net-income) across various countries. The data addresses the challenges of inconsistent income concepts found in other datasets by complementing observed values with imputed data using a recently developed PCA-based approach, ensuring a consistent time series. Additionally, a version aggregated to 32 geographical regions and the world is available, where the aggregation method considers both within-country and cross-country income disparities. This resource enables more robust analysis of income distribution at multiple scales.
Columns
The dataset is structured to provide insights into income distribution. Expected columns include:
- Country/Region: Identifies the specific country or aggregated geographical region.
- Year: The year to which the income data pertains, ranging from 1958 to 2015.
- Income Deciles (e.g., D1, D2, ..., D10): Represents the net income values for each of the ten income deciles, illustrating the distribution of income within a given country or region.
- Net Income Value: The value associated with the specified income decile.
- GINI Coefficient: A measure of income inequality, likely derived from or related to the WDI GINI data.
Distribution
The dataset is supplied in CSV format, consisting of two primary data files. The
Raw_WIDER_data.csv file has a size of 5.55 MB, and the WDI_GINI_data.csv file is 252.81 kB. The total size for Version 1 of the dataset is 16.24 MB. It includes net income deciles for 190 countries, covering the period from 1958 to 2015. While specific row or record counts are not stated, the dataset encompasses a considerable volume of annual income distribution data across numerous countries and regions.Usage
This dataset is ideal for a variety of applications, including:
- Conducting in-depth analysis of global income distribution patterns.
- Studying trends and changes in income inequality over time.
- Informing research and policy development related to human welfare and economic disparities.
- Developing economic models and forecasts based on historical income data.
- Performing cross-country comparisons of income structures.
Coverage
The dataset's geographic scope covers 184 countries for its consistent dataset, with net income deciles described for 190 countries. It is also aggregated to 32 geographical regions and the world as a whole. The time range extends from 1958 to 2015. The data focuses on net-income as the primary income concept, providing insights into income distribution among different deciles within the covered populations. Note that the dataset includes imputed values to ensure a consistent time series.
License
Attribution 4.0 International (CC BY 4.0)
Who Can Use It
This dataset is particularly useful for:
- Researchers and Academics: For studies on economics, social science, development studies, and public policy, focusing on income inequality and global economic trends.
- Policy Makers and Government Agencies: To inform decisions regarding economic development, welfare programmes, and international aid.
- Economists and Data Analysts: For detailed statistical analysis, model building, and reporting on global income dynamics.
- Students: As a valuable resource for dissertations, projects, and learning about international income disparities.
Dataset Name Suggestions
- Global Net Income Distribution Statistics 1958-2015
- Consistent International Income Data
- Worldwide Income Inequality Trends
- Historical Net Income Deciles
- Global Economic Welfare Indicators
Attributes
Original Data Source: Consistent International Income Data
QUALITY