The spending gap between the richest and the poorest narrowed in the last Iranian year (March 2019-20), data from the Statistical Center of Iran show.
Individuals in the top 10% of income earners spent 13.69 times as much as those in the bottom 10% income strata.
The SCI data also show individuals in the top 20% and top 40% of the income distribution spectrum spent 7.97 and 4.25 times as much as those in the corresponding group of low-income people, respectively.
In the year ending March 2019, the top 10% of income earners spent 14.45 times as much as those in the bottom 10% while the top 20% and 40% of the income distribution spectrum spent 8.36 and 4.41 times as much as those in the corresponding group of low-income people, respectively.
According to SCI, three trends could be discerned in the comparative study of spending inequalities over the past 19 years since the fiscal 2001-02.
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