Income Distribution Per Country
Data are based on primary household survey data obtained from government statistical agencies and world bank country departments.
Income distribution per country. 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. Income from black market economic activity is not included and is the subject of current economic research. Data have been revised for belgium and ireland income year 2017. New data are available for finland norway sweden and the united kingdom income year 2018 the slovak republic income year 2017 and switzerland income years 2016 and 2017.
In 1912 italian sociologist and statistician corrado gini developed a means of measuring wealth distribution within societies known as the gini index or gini coefficient. Percentage shares by quintile may not sum to 100 because of rounding. Its value ranges from 0 or 0 to 1 or 100 with the former representing perfect equality wealth distributed evenly and the latter representing perfect inequality wealth held in few hands. The average income is calculated by gross national income and population.
Income distribution percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Income distribution can vary greatly from wealth distribution in a country see list of countries by distribution of wealth. The smallest budget per capita exists in the democratic republic of the congo. New data are available for finland norway sweden and the united kingdom income year 2018 the slovak republic income year 2017 and switzerland income years 2016 and 2017.
Data have been revised for belgium and ireland income year 2017. 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.