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The Gini coefficient is a number between 0 and 1 or 100, where 0 represents perfect equality (everyone has the same income), while an index of 1 or 100 implies perfect inequality (one person has all the income and everyone else has no income). Income ratios include the pre-tax national income share held by top 10% of the population and the ...
In Capital is Back, [24] University of California at Berkeley's [25] French economist Gabriel Zucman and Thomas Piketty investigate the evolution of aggregate wealth-to-income ratios in the top eight developed economies, reaching back as far as 1700 in the case of the U.S., U.K., Germany, and France, and find that wealth-income ratios have ...
Values are given in USDs and have not been adjusted for inflation. These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database (October 2024 edition), [1] World Bank, or various sources.
This is a list of countries by nominal GDP per capita. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita.
The rate of GNI per capita growth in annual percentage according to the World Bank for last available year is shown in below table. [1] These values of GNI per capita growth are corrected for inflation, but not adjusted for purchasing power parity.
A high-income economy is defined by the World Bank as a country with a gross national income per capita of US$14,005 or more in 2023, calculated using the Atlas method. [1] While the term "high-income" is often used interchangeably with " First World " and " developed country ," the technical definitions of these terms differ.
Countries by nominal GNI per capita according to the Atlas method (2018) This is a list of countries by gross national income per capita in 2023 at nominal values, according to the Atlas method, an indicator of income developed by the World Bank. [1] The GNI per capita is the dollar value of a country's final income in a year, divided by its ...
The table below is for 2008, 2018, 2019 and 2021. The GDP data is based on data from the World Bank. [3] The population data is based on data from the UN. [4] The Wealth Gini coefficients from 2008 are based on a working paper published by the National Bureau of Economic Research. [5]