This indicator measures wealth inequality, as measured by the Gini coefficient which ranges from 0 (perfect equality) to 100 (maximal inequality).
Source of Data:
The data source is the Wealth and Assets Survey dataset which is owned by the Office for National Statistics (ONS). The unit of measurement is the household.
The indicator is published as part of the Wealth and Assets in Scotland publication series. The publication can be accessed through the Scottish Government website.
The Wealth and Assets Survey is a sample survey including just under 1,700 private households in Scotland and collecting data over two-year periods. The responses of these households are weighted and grossed up to be representative of all private households in Scotland.
Wealth inequality is measured by the Gini coefficient which ranges from 0 (perfect equality) to 100 (maximal inequality).
Private households include all households that are not communal establishments such as hostels, prisons or hospitals, for example.
Criteria for Change:
- Performance is improving if the indicator decreases for two two-year periods in a row by at least 2 percentage points each period.
- Performance is worsening if the indicator increases for two two-year periods in a row by at least 2 percentage points each period.
- Elsewise, performance is maintaining.