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Country % of income of the richest 1% Albania 8.2 Algeria 9.7 Angola 15.2 Australia 9.1 Austria 9.3 Bahrain 18.0 Belgium 7.8 Benin 17.5 Bosnia and Herzegovina 8.9
In 2014, the share of national income accruing to India's top 1% of earners was 22%, while the share of the top 10% was around 56%." [11]: 123 Quartz cited the report, "[S]ince 1980 the top 0.1% have captured as much income growth as the entire bottom half of world's (adult) population. And for the group of people in between the bottom 50% and ...
The average wealth of households in the top 1 percent was about $35.5 million. In the top 0.1 percent, the average household had wealth of more than $158.6 million.
Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15% in 2007. Financial inequality measured as the total net worth minus the value of one's home [ 43 ] was greater than inequality in total wealth, with the top 1% of the population owning 42.7%, the next 19% of Americans owning 50.3% ...
"The United States has the most members of the top 1% global wealth group, and currently accounts for 41% of the world's millionaires," the report notes. "Our research indicates that the United ...
This is particularly used to measure that fraction of income accruing to top earners – top 10%, 1%, 0.1%, 0.01%, and also "top 100" earners or the like; in the US top 400 earners is 0.0002% of earners (2 in 1,000,000) – to study concentration of income – wealth condensation, or rather income condensation. For example, in the chart at ...
Most of the gains of economic growth since the 1970s have gone to the top 1% of Americans, and most of that to the top 0.1%. [8] While the share of America's income gains between 1979 and 2005 for the bottom middle- and lower-income 60% of the population was just 13.5% (and most of that gain came from working longer hours), the top 0.1% share ...
Nearly half the top 1% by income were also in the top 1% by wealth. [279] In 2010, the wealthiest 5% of households owned approximately 72% of financial wealth, while the bottom 80% of households had 5%. [280] The top 1% controlled 38.6% of the country's wealth in 2016. [281] Much of the wealth gain came to those in the top 1%.
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related to: top 0.1% wealth on earth crossword