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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 ...
List of countries by income inequality based on Pre-tax national income share held by top 10% of the population, Income Decile 1 and Interdecile P90/P10; Country/Territory UN Region World Bank Income group (2024) Pre-tax national income Top 10% share [a] Income Decile 1 [b] Interdecile P90/P10 [c] World Inequality Database [9] Year UNU-WIDER [3 ...
The Office for National Statistics found that the median total wealth for individuals in Great Britain was estimated to be £125,000 between April 2018 and March 2020. The mean figure is £305,000, reflecting the unequal wealth distribution with the wealthiest 10% of individuals owning close to half (48.58%) of all wealth. [13]
The respected IFS think tank has a stark message as it launches a report into the many forms of inequality 21st century Britain. Rising inequality in the UK 'threatens democracy' Skip to main content
Gini: Higher Gini coefficients signify greater inequality in wealth distribution. A Gini coefficient of 0 reflects perfect wealth equality, where all wealth values are the same, while a Gini coefficient of 1 (or 100%) reflects maximal wealth inequality, a situation where a single individual has all the wealth while all others have none.
World Inequality Report is a report by the World Inequality Lab at the Paris School of Economics that provides estimates of global income and wealth inequality based on the most recent findings compiled by the World Inequality Database (WID). WID, also referred to as WID.world, is an open source database, that is part of an international ...
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Poverty within the UK is particularly concentrated in Wales. While the relative income-poverty rate for the UK stood at 16.8% in 2014, the same poverty rate for Wales stood at 23% in the same year. [95] [96] Poverty in Wales has remained in the 25% range, with only small dips throughout the last decade. [96]