Income Quintiles By Country
The worldwide highest income is earned in monaco.
Income quintiles by country. Percentage shares by quintile may not sum to 100 because of rounding. Hdro calculations based on data from world bank 2013a. Income share held by lowest 20 world bank development research group. Income limits and mean income for each quintile of household income 1967 through 2018.
This dashboard measures the proportion of income received by each quintile and each quintile s sources of income. Ratio of the average income of the richest 20 of the population to the average income of the poorest 20 of the population. By clicking on the boxes it is possible to view the composition by quintile for each of the different sources of income. Based on world bank data ranging from 1992 to 2018.
Percentage share of income or consumption is the share that accrues to subgroups of population by quintiles. This is a list of countries or dependencies by income inequality metrics including gini coefficients. Income distribution percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. World map of the gini coefficients by country.
The gini coefficient is a number between 0 and 1 where 0 corresponds with perfect equality where everyone has the same income and 1. Income inequality remains high in lac where the poorest receive a very small share of total income. For example in a country with 100 people if you rank them by income the share of the lowest quintile corresponds to the sum of incomes of the bottom 20 people as a proportion of total income in that country. In our comparison over 78 countries the usa comes 9th with an average income of 65 760 usd.
Average income around the world. 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.