Story: Income and wealth distribution

Poverty rates in the OECD (2nd of 2)

Poverty rates in the OECD

This graph shows that in 2004 New Zealand’s poverty rate was exactly the OECD average (11%). The poverty threshold is half of the median (the middle) household income. So in New Zealand 11% of households had incomes below that level – compared with the United States (17%) and the United Kingdom (8%). In terms of households with people aged 65 or over, New Zealand had the lowest level of poverty in the OECD – a result of the country’s superannuation provisions.

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How to cite this page:

Brian Easton, 'Income and wealth distribution - Personal income distribution', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/graph/23805/poverty-rates-in-the-oecd (accessed 29 May 2017)

Story by Brian Easton, published 11 Mar 2010