Researchers use this specific code to track how the "average person" in a country is faring over time before government intervention (taxes). It serves as a baseline for comparing different nations' economic productivity and its distribution among their adult citizens.
The first letter represents the type of data. In this case, "a" stands for average (e.g., average income).
: This five-letter concept code refers to Net National Income . It measures the total income available to residents of a country, including net foreign income, after subtracting capital depreciation. anninc992i wid
In the landscape of global economic data, is a technical variable code used by the World Inequality Database (WID), an extensive open-source resource for studying the distribution of income and wealth worldwide.
This three-digit code specifies the population demographic. "992" refers to the adult population , defined as individuals aged 20 and older. Researchers use this specific code to track how
The final letter denotes the unit of analysis. The letter "i" stands for individuals , meaning the income is attributed to each person separately rather than being split equally within a household.
In short, represents the Average Pretax National Income for Individual Adults (20+) . Importance in Economic Research In this case, "a" stands for average (e
: This three-digit code specifies the adult population , defined as individuals aged 20 and older.