Table 3.
Principal component analysis outcomes for each of three poverty components
| Component | Number of indicators included | Variance explained by first PC | First PC loadings | |
|---|---|---|---|---|
| Minimum value (corresponding indicator) | Maximum value (corresponding indicator) | |||
| Absolute poverty | 7 | 74 % |
0.29 (share of people in crowded houses) |
0.42 (deprivation rate) |
| Relative poverty | 3 | 95 % |
0.57 (poverty rate) |
0.59 (poverty depth) |
| Earnings & incomes | 3 | 81 % |
0.50 (employees’ compensation) |
0.62 (net adjusted household income) |