Compare Income Inequality By Country

Income inequality has political and economic impacts such as slower gdp growth reduced income mobility greater household debt political polarization and higher poverty rates.

Compare income inequality by country. Data have been revised for belgium and ireland income year 2017. The difference between western europe and the united states in this regard is particularly striking. The graph shows the percentage of global inequality that is accounted for by. Sweden and the united kingdom income year 2018 the slovak republic income year 2017 and switzerland income years 2016 and 2017.

By country poverty. According to world bank s poverty and shared prosperity 2020 report the gini coefficient increases about 1 5 points in the five years following major epidemics such. Income inequality has increased more rapidly in north america china india and russia than anywhere else notes the world inequality report 2018 produced by the world inequality lab a research center based at the paris school of economics. Income growth might be positive but these countries nonetheless failed to achieve target 10 1 during this period.

This is a list of countries by distribution of wealth including gini coefficients wealth distribution can vary greatly from income distribution in a country see list of countries by income equality. Default view map map bubble map ranking bars list raking pearls trend trend scatter plot data. 4 policies aimed at increasing the quality of the education system as well policies that improve the redistributive role of the tax system may help avoid the negative effects of income inequality. By country income current prices by measure.

Share of between country component in global income inequality 1820 2011 source. By country inequality. Higher gini coefficients signify greater inequality in wealth distribution with 0 being complete equality whereas a value near 1 can arise in a situation where everybody has zero wealth. This is a list of countries or dependencies by income inequality metrics including gini coefficients the gini coefficient is a number between 0 and 1 where 0 corresponds with perfect equality where everyone has the same income and 1 corresponds with perfect inequality where one person has all the income and everyone else has no income.

Find compare and share oecd data by indicator.