Income and finance

Looking at the type and level of income people receive can provide insights into their economic security and standard of living.

What is meant by economic security?

Economic security is having a stable income or other resources to support a standard of living and cover essential needs, both now and in the immediate future. Essential needs might include food, basic shelter, clothing, hygiene, health care and education (ICRC 2015).

Economic security is important for everyone and can enhance a person’s overall wellbeing. Having economic security can enable people to participate fully in social, economic, political and cultural life.

For children, or people dependent on others for their care, indications of economic security can be seen through the income level of their family or household.

In general, most people with disability have some source of income. This is more likely to be from government sources than from salary or wages, and to be lower than for people without disability.