Income Inequality In China Graph

Since the 1980s income inequality in china has risen at a faster pace than in the united states.

Income inequality in china graph. China s development has also disproportionately benefited men. Open access high quality wealth and income inequality data developed by an international academic consortium. Sonali jain chandra published a striking chart on income inequality in china on the imf blog which is based on a recently issued working paper it shows that the gini coefficient has risen by 15 points since 1990 to 50. On each graph users can click on the icon and will find the definition of the concepts at stake.

China s current mainly market economy features a high degree of income inequality according to the asian development bank institute before china implemented reform and open door policies in 1978 its income distribution pattern was characterized as egalitarianism in all aspects at this time the gini coefficient for rural urban inequality was only 0 16. The income gap between urban male and female workers increased from 15 percent in 1990 to 25 percent in 2000. From 1980 to 2012 china s gini coefficient increased from 0 30 to 0 55 surpassing the u s. Graph 3 3 shows the general trend of china s gini coefficient in recent 12 years.

The income gap between urban and rural households is large china s urban rural income gap has widened since the early 1980s figure 4. While the top 1 per cent earns about 14 per cent of national income versus 20 per cent in the usa and 10 per cent in france. A 2018 poll reported that chinese women on average earn 22 percent less than their male coworkers. It shows that the gini coefficient a widely used measure of income inequality has risen by 15 points since 1990 to 50 a reading of zero would indicate that everyone has the same income while a reading of 100 would mean that the richest person gets all the income.

In 2015 the bottom 50 per cent in china earn approximately 15 per cent of total national income versus 12 per cent in the usa and 22 per cent in france. By 2002 per capita incomes for urban house. This paper reviews the historical trends and patterns of income. The chart of the week tells the story.

This disparity has persisted over the last two decades. That is a big change even though some increase in inequality could have been expected as the level of development improved. The gini coefficient peaked to 0 491 in 2008 began to decline since 2010 and reached to 0 469 in 2014. The pattern of income growth in china increased inequality it was preferable to that in brazil.

China the source for global inequality data. The phenomenal economic growth in china has been accompanied by a rapid increase in income inequality. See figures 6a and 6b.