Standard of living, quality of life and living conditions Living Condition Survey (LCS)

Gini Coefficient

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Notes ( 3 )
- In the Living Conditions Survey, the inputs used for the calculation of variables such as income and at-risk-of-poverty rate always correspond to the previous year.
- Gini Coefficient: accumulated proportion of the population arranged by the income equivalent to the accumulated proportion of the income received by them. It is a measure of inequality that takes value 0 in case of perfect equity and value 100 in case of perfect inequality.
- Gini Coefficient, Gini (with imputed rent):
  The definition of household income includes imputed rent. Imputed rent is applied to those households that do not pay complete rent, due to being the homeowners, or to occupying a rented dwelling at a price that is lower than the market price, or free of charge. The value imputed is equivalent to the rent that would be paid on the market for a dwelling that is similar to that occupied, less any rent actually paid. Likewise, the interest on the loans requested for purchasing the main dwelling are deducted from the total household income.

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