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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 ...
Inequality metrics are anonymous. They ignore certain effects of income mobility, in which the identity of "who is rich" and "who is poor" is considered. For example, at a particular time, Alice may have $10 and Bob may have $2. At some time later, Bob may have $10 and Alice may have $2.
Economic inequality is an umbrella term for a) income inequality or distribution of income (how the total sum of money paid to people is distributed among them), b) wealth inequality or distribution of wealth (how the total sum of wealth owned by people is distributed among the owners), and c) consumption inequality (how the total sum of money spent by people is distributed among the spenders).
It’s no secret that there’s a large wealth gap in the United States, and it’s been growing larger in recent years.Federal Reserve data show that as of June 2023, the top 1% of U.S ...
A December 2011 Gallup poll found a decline in the number of Americans who rated reducing the gap in income and wealth between the rich and the poor as extremely or very important (21 percent of Republicans, 43 percent of independents, and 72 percent of Democrats). [191] Only 45% see the gap as in need of fixing, while 52% do not.
Since the late 1970s, income inequality in the U.S. has grown by nearly 20%. The Great Recession has brought the disparity between the rich and the poor to the forefront of the news.
It's the Inequality, Stupid. March/April 2011 Issue. Mother Jones. Many charts, with sources. Who Rules America: Wealth, Income, and Power. July 2011. By G. William Domhoff. Many charts, and sources. See table 4 for wealth distribution by country. See table 7 for income distribution by country.
Thailand has been ranked the world's third most unequal nation after Russia and India, with a widening gap between rich and poor according to Oxfam in 2016. [33] A study by Thammasat University economist Duangmanee Laovakul in 2013 showed that the country's top 20 land owners owned 80 percent of the nation's land. The bottom 20 owned only 0.3 ...