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South America: Upper middle income 40.7 2022 37.80 2022 Armenia: Western Asia: Upper middle income 27.9 2022 27.94 2021 Australia: Australia and New Zealand: High income 34.3 2018 34.33 2018 Austria: Western Europe: High income 30.7 2021 30.70 2022 28.1 2021 Azerbaijan: Western Asia: Upper middle income 26.6 2005 26.55 2005
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] The Wealth Gini numbers for 2018, 2019, and 2021 come from the Global Wealth Databook by Credit Suisse. [6] [7 ...
From this data, it is evident that in 1989 there was a discrepancy in the level of economic disparity; the extent of wealth inequality was significantly higher than income inequality. Recent research shows that many households, in particular, those headed by young parents (younger than 35), minorities, and individuals with low educational ...
The wealth analysis draws from the 2022 Survey of Consumer Finance, which found that household wealth in America swelled at a record pace during the pandemic. From 2019 to 2022, the median net ...
The proportion of people with wealth above US$100,000 was the highest in the world (eight times the world average). Australia had 3.8% (1,783,000 people) of the top 1% of global wealth holders while having 0.4% of the world's adult population. [75] The wealth share by Australia's top decile was 51.1% in 2000, 50.7% in 2007, and 51.1% in 2014. [194]
But not only is America getting richer, the CBO found, inequality became all the more pronounced over those three decades. In 2022, families in America's top 10% held 60% of all wealth, up from 56 ...
Ignoring the period where the stock market was depressed (1976–1980) and the period when the stock market was overvalued (1929), the share of wealth of the richest 1% remained extremely stable, at about a third of the total wealth. [24] Financial inequality was greater than inequality in total wealth, with the top 1% of the population owning ...
This is list of countries by their inequality adjusted income, as defined and measured by the United Nations Development Programme. [1] 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 ...