Japan's Poverty Rate Remains Well above OECD Average (News)
Tokyo, June 27 (Jiji Press)--Japan's relative poverty rate in 2015 fell slightly from the previous 2012 survey, but remained well above the average for Organization for Economic Cooperation and Development member economies, a government survey showed Tuesday.
The relative poverty rate, which measures the proportion of people with a disposable income of less than half of the median income of the total population, fell 0.5 percentage point to 15.6% in 2015, according to the Health, Labor, and Welfare Ministry's national livelihood survey.
In 2015, people with a disposable income of less than 1.22 million yen fell under this category in Japan.
The poverty rate was higher than the OECD average of 11.4% for 2013, indicating that Japan's economic disparity remains large among advanced nations.
The child poverty rate, or the proportion of children aged 17 or younger in such low-income households, fell 2.4 points to 13.9%, the survey showed.[Copyright The Jiji Press, Ltd.]