Living Standards Measurements Study - Serbia 2002 - 2007

If we take a look at the value trends of the
indicator of inequality 9/1 decile against
expenditure, it is possible to identify a certain
decline of the value of this indicator in the five-year
period. In 2002, the value of this indicator was 4.1,
while in 2007 it amounted to 3.9.
Graph 2.6 represents the distribution of
households per unit of the equivalent scale as
compared with the poverty lines for 2002 and 2007.
If we view the distribution of population against
total expenditure, the Lorenz Curve shows that there
is no significant inequality of expenditure among
the population.
The value of the Gini coefficient measured
using household expenditure along the equivalence
scale amounts to 29.69. Applying income instead of
expenditure increases inequality by about 8 Gini
points (the Gini coefficient measured using
household income amounts to 37.03), which
contributes to the selection of the expenditure
aggregate as a measure of living standards of the
population, as it has a more balanced distribution.
Таble 2.7. Comparison between the average household expenditure by deciles per expenditure unit,
2002 – 2007
Average expenditure in dinars
2002
Average expenditure in dinars
2007
Total
1
Decile
2
Decile
3
Decile
4
Decile
5
Decile
6
Decile
7
Decile
8
Decile
9
Decile
10
Decile
24 709 8 905 12 674 15 664 17 375 20 132 23 165 26 454 29 402 36 552 53 978
52 843 19 260 27 158 32 337 38 845 43 685 49 283 54 969 63 544 75 030 112 658
Nominal growth in percent 46.8 46.2 46.7 48.4 44.7 46.1 47.0 48.1 46.3 48.7 47.9
Real growth in percent 27.4 27.1 27.4 28.4 26.3 27.0 27.6 28.2 27.2 28.6 28.1
1.0
Graph 2.7. Lorenz Curve for expenditure
График 5.7. Лоренцова крива потрошње
0.8
Cumulative share of expenditure
Кумулативни удео потрошње
0.6
0.4
0.2
0.0
0.0 0.2 0.4 0.6 0.8 1.0
Кумулативни удео становништва
Cumulative share of population
40 Living Standards Measurements Study - Serbia 2002 - 2007