Households in financial difficulties by income, 2004-2012
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Information

Unit
Percentage/Estimated number
Latest update
4/5/2013
Creation date
4/3/2013
Matrix
VIN07212
Footnotes

Footnotes

The definition of children in the household is everyone who is under 18 of age and those who are 18-24, not working and living with at least one parent. Adults in the household are those who do not fall under the definition of children.

The income groups are defined based on equivalised disposable income. Equivalised disposable income depends on the disposable income of the household and how many people are living from that income. For instance, two adults with two children need 2.1 times more disposable income than a person who lives alone in order to have comparable disposable income.

The amount used in the question about unexpected expenses was 157,000 ISK in 2012 and is based on the at-risk-of-poverty threshold for a single person household calculated from the survey two years before.