As the Spanish welfare state grew along the country's democracy, so did the impact of the welfare system on inequality. Inequality reduction as a result of the social security and tax system peaked in 2014, when the Gini index declined to 38 percent. Amongst the most recent measures taken by the Spanish government to reduce inequality is the Minimum Vital Income (Salario MÃnimo Vital or SMI), a non-contributory benefit from the Spanish Social Security which aims at helping people or household units at risk of poverty and social exclusion.
Inequality reduction as a result of the social security and tax system in Spain from 1973 to 2019
Characteristic
Gini index (0=perfect equality, 100=perfect inequality)
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Statista. (March 3, 2022). Inequality reduction as a result of the social security and tax system in Spain from 1973 to 2019 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1293983/reduction-gini-index-result-of-social-security-taxes-spain/
Statista. "Inequality reduction as a result of the social security and tax system in Spain from 1973 to 2019." Chart. March 3, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1293983/reduction-gini-index-result-of-social-security-taxes-spain/
Statista. (2022). Inequality reduction as a result of the social security and tax system in Spain from 1973 to 2019. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1293983/reduction-gini-index-result-of-social-security-taxes-spain/
Statista. "Inequality Reduction as a Result of The Social Security and Tax System in Spain from 1973 to 2019." Statista, Statista Inc., 3 Mar 2022, https://www.statista.com/statistics/1293983/reduction-gini-index-result-of-social-security-taxes-spain/
Statista, Inequality reduction as a result of the social security and tax system in Spain from 1973 to 2019 Statista, https://www.statista.com/statistics/1293983/reduction-gini-index-result-of-social-security-taxes-spain/ (last visited November 22, 2024)
Inequality reduction as a result of the social security and tax system in Spain from 1973 to 2019 [Graph], Statista, March 3, 2022. [Online]. Available: https://www.statista.com/statistics/1293983/reduction-gini-index-result-of-social-security-taxes-spain/
