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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 income index is one component of the Human Development Index, but is also used separately. [2] The adjustment of income for inequality based on the Gini coefficient was first proposed by Amartya Sen in 1976. [3] The adjustment was first applied by the UN on income data in 1993, before later being expanded to the general HDI. [4] All data is ...
The IHDI, estimated for the world and specific countries, captures the losses in human development due to inequality in health, education and income. Losses in all three dimensions vary across countries, ranging from just a few percent (e.g. Czech Republic and Slovenia) up to over 40% (e.g. Angola and Comoros). Overall loss takes into account ...
Mwamba, an economics professor at the University of Johannesburg, et al. have found that the income level of a country was not necessarily correlated with its social mobility level. [9] In agreement with the World Economic Forum, Mwamba et al. argue that it is difficult to ascend the social ladder regardless of a country’s income level. [9]
Countries' income inequality according to their most recent reported Gini index values as of 2018. [1] Income inequality is measured by Gini coefficient (expressed in percent %) that is a number between 0 and 1. Here 0 expresses perfect equality, meaning that everyone has the same income, whereas 1 represents perfect inequality, meaning that ...
A new report finds that the present-day golden era of Indian billionaires has produced historic income inequality in India. ... the top 1% held around 20 to 21% of the country’s national income ...
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 ...
Three cities from the New York City metro area rank in the top 10 for highest income inequality. Newark ranks third, with the highest earners making over 6.8 times as much as the lowest earners.