BONAIRE, Caribbean Netherlands – Of the three Caribbean islands, Saba had the lowest income inequality in 2016.
According to Statistics Netherlands (CBS), the distribution of incomes was most uneven on St Eustatius, whilst Bonaire was in the middle range.
The disparities in standardised disposable income – income adjusted for differences in household size and composition – have remained virtually unchanged on Bonaire since 2011.
Between 2014 and 2016, the Gini coefficient stood at 0.40, versus 0.39 in previous years. Saba has had the lowest income inequality of the three islands since 2012 (0.37 in 2016). The largest inequalities in standardised disposable income between households were recorded on St Eustatius, where the Gini coefficient rose from 0.41 in 2014 to 0.44 in 2016. The Gini coefficient for the European Netherlands decreased from 0.3 to 0.29 in this period.
Internationally, the Gini coefficient is the most frequently used instrument to measure income inequality. The value ranges between 0 (total equality; all households have the same income) and 1 (total inequality; one household has all the income).