Assessing the Level of Income of the Rural Population in Ukraine

Market transformations in Ukraine significantly reduced income of population and caused its significant differentiation, especially in rural areas. Purpose of the article - to determine the influence of macroeconomic factors on the income of the rural population through the use of correlation analysis to predict the level of the main components of the income of the rural population in the future, as well as the scientific prove for the direction of improving the mechanism of formation of the income level of the rural population. It was revealed that the key determinants that influence the formation of the income of the rural population is the size of the GDP in agriculture, minimum wage and living wage. In addition, a significant role is also played by the rent for the provision of temporary use of land plots). Concluded the evaluation of influence of each of these factors on the level of income of the rural population and the forecast of average monthly salary in agriculture and pensions is made. The directions of improvement of the mechanism of income generation are outlined in order to maintain an adequate standard of living of the rural population.