Official Concept and Definition

Income Gap

Definition

The average income shortfall, expressed in proportion to the poverty threshold, of families/individuals with income below the poverty threshold
Notes:
The difference between the income gap and the poverty gap is the use of number of poor families/ individuals as denominator for the income gap. For the poverty gap, the total number of families/individuals is used.

Formula
PSS Agency PSA
Source/s

PSA

https://psa.gov.ph/ISSiP/concepts-and-definitions
Indicators / Statistics Being Generated Poverty
PSA Board Resolution PSA Board Resolution No 01, Series of 2017 - 143
https://psa.gov.ph/article/nscb-executive-board-resolution-no-12-approving-and-adopting-official-concepts-and
Statistical Domain Economic Statistics
Statistical Activity Income and consumption

Official Concepts and Definitions

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