Development of two socioeconomic indices for Saudi Arabia

Abstract

The eigenvalue is the amount of common variance that is explained by each factor. Since the indicators are not assumed to be mutually exclusive to one factor, an oblique rotation was used to allow the resulting factors to correlate. [...]it includes both university students and mature students (> 21 years old) returning to schools to gain better jobs. [...]with the standardised index, more detail is given with regards to where a certain Governorate stands compared to the others, in contrast to the socioeconomic class index where Governorates are aggregated into four classes, each sharing similar characteristics amongst them. [...]two replicable area-based measures of SES have been constructed for the 118 Governorates of SA. The indices have shown very similar results, mainly metropolitan cities are the most affluent groups, and the smaller villages to be within the most deprived.