Kenya registers high income gap – Report

Only 2.89 percent of formal sector employees in Kenya earn more than 100,000 shillings per month, this is according to newly released data showing a wide income gap in the country.

The data from the Kenya National Bureau of Statistics, shows that more than half of formal sector workers are living on low wages of between 20,000 shillings and 49,000 shillings, wages that have barely been increased in the past 10 years.

The formal sector wages data also shows that although the number of people in the top earning bracket declined last year compared to 2013, the number of those at the bottom of the pyramid grew even faster, widening the inequality gap in the economy.

The data also shows that the proportion of workers earning more than 100,000 shillings dropped from 2.91 per cent in 2013 to 2.89 last year, indicating the number of better-paid employees grew at a slower pace than the other segments of the employment market.

Tags:

economy kenya wages income gap

Want to send us a story? SMS to 25170 or WhatsApp 0743570000 or Submit on Citizen Digital or email wananchi@royalmedia.co.ke

Leave a Comment

Comments

No comments yet.

latest stories