Kōrero: Income and wealth distribution

Poverty rates in the OECD (2 o 2)

Poverty rates in the OECD

This graph shows that in 2004 New Zealand’s poverty rate was exactly the OECD average (11%). The poverty threshold is half of the median (the middle) household income. So in New Zealand 11% of households had incomes below that level – compared with the United States (17%) and the United Kingdom (8%). In terms of households with people aged 65 or over, New Zealand had the lowest level of poverty in the OECD – a result of the country’s superannuation provisions.

All images & media in this story

Me pēnei te tohu i te whārangi:

Brian Easton, 'Income and wealth distribution - Personal income distribution', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/mi/graph/23805/poverty-rates-in-the-oecd (accessed 21 May 2019)

Story by Brian Easton, published 11 Mar 2010