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According to a study by the World Bank, the richest decile of the population of Latin America earn [14] 48% of the total income, while the poorest 10% of the population earn only 1.6% of the income. In contrast, in developed countries, the top decile receives 29% of the total income, while the bottom decile earns 2.5%.
South America: High income 40.6 2022 United States: Northern America: High income 41.3 2022 39.79 2022 39.6 2022 Uzbekistan: Central Asia: Lower middle income 31.2 2022 35.27 2003 Saint Vincent and the Grenadines: Caribbean: Upper middle income 40.00 2008 Venezuela: South America — 44.7 2006 37.80 2014 Vietnam: South-eastern Asia
These figures have been shrunk after the application of the income tax. ... Latin America. State Net (Local Currency) Net (US$) Argentina: ARS 1,075,145: $400
"These gaps didn’t spring up by accident. There were explicit policy choices in the past, like redlining and exclusion from investment,” said one economist. Income gap unchanged by pandemic ...
Latin American and the Caribbean nations by estimated GDP (PPP) in 2023 [1] Rank Nation GDP (PPP) in International Dollars Total (billions) Per capita 1 Brazil: 4,101.022 20,079 2 Mexico: 3,277.601 24,796 3 Argentina: 1,239.515 26,506 4 Colombia: 1,016.124 19,482 5 Chile: 597.520 29,935 6 Peru: 548.465 15,894 7 Dominican Republic: 273.703 ...
The greatest cases of inequity typically would involve an impoverished and politically unstable country neighbouring a resource-rich and relatively stable one, although neither may be recognised as a high-income economy. As an extreme example, the GDP per capita for Saudi Arabia, is over 42 times greater to that of its neighbour Yemen.
The post What you can do to navigate income inequality in America appeared first on In The Know. The system is unfair, but you still have some financial options. The post What you can do to ...
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