Global Income Inequality Graph
Open access high quality wealth and income inequality data developed by an international academic consortium.
Global income inequality graph. By greg morcroft gmorcroft 12 24 13 at 8 56 am. The story in charts. Graph by branko milanovic christoph. Share of between country component in global income inequality 1820 2011 source.
The 99 percent in the u s. The cut off to the richest 10 of the world in 2013 was 14 500 int. The previous and the following visualisation show how very high global income inequality still is. There s been plenty of talk lately about the 1 percent vs.
Income inequality refers to the extent to which income is distributed in an uneven manner among a population. Home the source for global inequality data. Income disparities are so pronounced that america s top 10 percent now average more than nine times as much income as the bottom 90 percent according to data analyzed by uc berkeley economist emmanuel saez. Wealth and income landscape shifting many of the gains of prosperity into the hands of a smaller and smaller group of people and marginalizing members of vulnerable communities.
High end inequality is growing and global poverty is falling. Used for measuring the economic activity of a nation and that can also make sense for the general public. The ratio is 30 2. Historical top income inequality estimates are reconstructed from income tax records and for many countries these estimates give us insights into the evolution of inequality over more than 100 years.
Income inequality on the other hand is clearly shown by the data. This transformation is in turn reducing income mobility and opening gulfs in educational achievement and health outcomes between different levels. We can also refer to the gini coefficient a statistical measure of economic inequality. This perspective shows the still very high level of global inequality even more clearly.
On each graph users can click on the icon and will find the definition. The graph shows the percentage of global inequality that is accounted for by. Rising economic inequality over the past 40 years has redrawn the u s. It ranges between 0 and 1 with 0 representing perfect equality and 1 representing perfect inequality one person holds all the income.