Income Inequality In African Countries
Inequality isn t all about income.
Income inequality in african countries. South africa suffers among the highest levels of inequality in the world when measured by the commonly used gini index. Namibia comoros south africa angola botswana lesotho and swaziland count among the continent s top ten most unequal countries and the. Of the 19 most unequal countries in the world 10 are in africa according to the undp s income inequality trends in sub saharan. In all african countries the richest capture the largest share of income thus exacerbating inequalities between the poor and the rich.
O11 o55 k42 1 introduction. The combined effects of decreased income growth and increased inequality suggests that corruption hurts the poor more than the rich in african countries. 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. Inequality is typically measured at the country level.
This inequality in income distribution is accompanied by inequalities between rural and urban areas with the poor being concentrated in rural areas. As the report notes these findings come with the important caveat that. Economic inequality sometimes referred to as income inequality is the unequal distribution of a country s wealth. In the 1980s and 1990s many african countries buckled under pressure from.
Six charts explain south africa s inequality. Overall southern africa is the most unequal part of africa figures 3 and 4. Poverty in a rising africa the latest world bank group africa poverty report does not find a systematic increase in inequality the number of countries showing an increase of within country inequality is the same as the number of countries showing a decrease. And in this south africa is not unusual among african nations.
Inequality manifests itself through a skewed income distribution unequal access to opportunities and regional disparities. 4 2 4 variations in income inequality in africa. Here s a guide to different ranking systems from wealth distribution to the world happiness report and which countries rate best and worst under each. Goal 10 in the proposed sdgs states.