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This is a list of countries and territories by income inequality metrics, as calculated by the World Bank, UNU-WIDER, OCDE, and World Inequality Database, based on different indicators, like Gini coefficient and specific income ratios.
According to Engel's law, the share of income spent on food decreases, even as total food expenditure rises. Engel's law is an economic relationship proposed by the statistician Ernst Engel in 1857. It suggests that as family income increases, the percentage spent on food decreases, even though the total amount of food expenditure increases.
The Wealth Gini coefficients from 2008 are based on a working paper published by the National Bureau of Economic Research. [5] The Wealth Gini numbers for 2018, 2019, and 2021 come from the Global Wealth Databook by Credit Suisse. [6] [7] [8] * indicates "Wealth inequality in COUNTRY or TERRITORY" or "Income inequality in COUNTRY or TERRITORY ...
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Gini coefficients are simple, and this simplicity can lead to oversights and can confuse the comparison of different populations; for example, while both Bangladesh (per capita income of $1,693) and the Netherlands (per capita income of $42,183) had an income Gini coefficient of 0.31 in 2010, [72] the quality of life, economic opportunity and ...
Retrieved on 28 May 2019. Cambodia (2013): Income Gini coefficient. hdr.undp.org. World Bank. Archived from the original on 10 June 2010. Retrieved on 29 January 2020. Guyana (2007): Gini Index coefficient. CIA World Factbook. Retrieved on 4 August 2021. Cuba (2000): "Cuba grapples with growing inequality". Reuters. Author: Allice Hunter
The list always contains 21 names because the letters Q, U, X, Y and Z are not used for naming. There is a total of six lists that get rotated throughout the years. So, the list for this year ...
The information was tabulated in 2019 from data from the American Community Survey (ACS) conducted by the US Census Bureau. The South , the tri-state area around New York City and California tend to have more income inequality, while the Upper Midwest , the Northwest and Northern New England are relatively more equal.