Distribution of total net assets per capita and monthly equivalised income

Definition: The distribution of income and wealth is represented by the distribution of total net wealth per capita and equivalised income by quintile. The total net assets per capita are obtained by dividing the total net assets of the household by the number of members of the household. Equivalence income is a weighted per capita income per household member, calculated by dividing the monthly net household income by the sum of the weights of the persons living in the household. In order to form the quintiles, all persons are sorted according to the level of their total net assets per capita or their equivalised income and divided into five groups of equal size. The first quintile contains the 20 percent of those with the lowest, the fifth the ones with the highest net assets per capita or equivalised income. Data source: IT.NRW, Income and Consumption Sample (EVS)