An interesting survey
The department of statistics has released a new comparative study on income and spending by Jordanian families and individuals. The study compares income and spending patterns between 2002 and 2006. The study is based on a survey of 12792 families from all over the country. It shows that average income levels for families rose during this period from 5590 to 6220 dinars per year. At the same time, average spending rose from 6206 to 7550 dinars per year.
In 2006, 36.5% of the average expenditure was on food and tobacco products. Much of this was on meat and poultry (7.85%).
Non-food expenditures were dominated by housing (about 1200 dinars per year) and transportation and communication (also about 1200 dinars per year). It is unfortunate that communications and transportation were not separated out. It is estimated that cell phone revenues for 2007 will be 517 million USD (361.9 million dinars). Assuming about 1 million families in the country, cellular phones account for an average of about 360 dinars per year per family. 37.1% of households own cars.
The study shows that the wealthiest 10% of the population accounted for 26.7% of spending, whereas the poorest 10% only accounted for 3.3% of the spending. 36.2% of families have incomes of less than 5000 dinars per year whereas only 7.3% of families make more than 15000 dinars per year. The Gini coefficient (a measurement of income disparity) was calculated to be 0.399, up from 0.391 in 2002, suggesting more disparity with time.
The average spending on cigarettes is 270 dinars per family.
How is the deficit spending supported? The survey suggests that selling property covers 15.6% of the shortfall. The report also suggests that there may be a tendency to over report spending and under report income on the part of the respondents.
So there it is; a profile that shows the poverty, the affluence, and the priorities. In short, it shows what’s up in Jordan.