Income Inequality Rates By Country

Income inequality has both economic and political impacts on a nation.

Income inequality rates by country. Find compare and share oecd data by indicator. Income inequality has political and economic impacts such as slower gdp growth reduced income mobility greater household debt political polarization and higher poverty rates. The gini index is the most widely used measure of inequality see map above. 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. More importantly disparity of income between regions is also persistent and has risen over the past 15 years contributing to inequality. By country inequality. By country poverty.

Review of income and wealth. Slovenia is the country with the best income equality in 2018. In many countries income inequality has increased as poverty also increases. Slovenia has the lowest rate of income inequality as rated by the gini coefficient.

2013 the world distribution of income and its inequality 1970 2009. A disconcerting fact is that regions with low income levels tend to have less access to healthcare lower education levels and higher unemployment rates. Participation tax rates ptrs. The first choice for data on within country inequality is the world income inequality database wiid2 provided by the world institute for development economics research wider.

Data have been revised for belgium and ireland. Participation tax rates ptrs. Income inequality is defined as a measure that highlights the gap between different individuals or households disposable income in a particular year and in a given country. 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.

This is taken from liberati p. These include political polarization negative attitudes towards the wealthy slower gdp growth reduced income mobility higher poverty rates and greater household debt. It looks at the distribution of a nation s income or wealth where 0 represents complete. By country income current prices by measure.

Sweden and the united kingdom income year 2018 the slovak republic income year 2017 and switzerland income years 2016 and 2017.