The Algerian incomes are the weakest in the Arab region: Echorouk study

The study by the Unit of Economic Studies belonging to “Media Sense” for Echorouk, shows a direct correlation between the high educational level and incomes in Algeria.

• This was confirmed by the results of the study, last mid-June, showing that 64.25% of Algerians, who receive monthly incomes ranging between 40.000 and 50.000 dinars, the equivalent of $555 to $695, are high graduates, compared to 22.35% only of those who did not exceed the secondary level, and 10% of mid-level, and only 4% of the primary school or have never been to school.
• The study, which included the key cities in Algeria, including Algiers ( the capital), Setif, Annaba, Constantine, east of Algeria, Tizi Ouzou, east of Algiers, and Oran, west of Algeria, shows that this level of incomes allows this class of Algerians to benefit from full link with the national network of electricity, water, gas, and sewage system, as well as the availability of household equipments, including those considered as luxuries such as, the microwaves, air conditioners, and dish-washing machines.
• The study also shows that ¾ of the Algerian families who receive incomes ranging between 40.000 and 50.000 dinars have computers at homes, and 98% of these families have digital satellite receiver, and half of these families have more than one TV at homes, ¾ have one car, compared to ¼ of the families have two cars and 3% have three cars, as well as 5.6% of the families who do not have a car at all.
• Media Sense study indicates that 25% of this class obtained banking loans, what is striking is that 66.67% of these loans were directed for buying cars, compared to 12.28% of loans for buying real estates, and 1.75% only in the context of business operations.
• The study shows that more than 60% of Algerians believe that the minimum monthly incomes, which allow a four members family to conduct a good life, should not be less than 40.000 to 50.000 dinars per month.