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We highlight three main results. First, European countries were less unequal between them-selves in 2019 than at any point since 1980, as measured by the average income differences between the richer West and the poorer East.
Sep 11, 2019 · Income gaps between Europe and poorer parts of the world were small. But as the West developed in the nineteenth century, the world economy underwent a “great divergence” between the industrial core and the primary-goods-producing periphery.
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- What’s New About Income Inequality in Europe?
- Key Results
- Figure- Income Inequality in Europe
- Contacts
- Acknowledgments
In this issue brief, Marc Morgan and Theresa Neeflook at the evolution of income inequality in Europe from the perspective of the update to the Distributional National Accounts series for Europe (1980-2019) on the World Inequality Database. The authors find that in Europe, income concentration at the top has stagnated since the Great Recession, whi...
Europe is the least unequal region worldwide: the top 10% received 35% of the average income share in 2019 (same level as in 2009). The bottom 50% share went from 19% in 2009 to 20% in 2019.European countries were the least unequal between themselves in 2019 than at any point since 1980, as measured by the average income differences between the richer West and the poorer East.Western European countries continue to lead on redistributive outcomesdue to greater redistribution between the top 10% and the bottom 50%. However, regressive tendencies have emerged in both East...Central European (Slovenia, Slovakia, Czech Republic) and Scandinavian countries were the least unequalin the region in recent years. The average incomes of the top 10% were no more than 6 times hi...This figure shows the ratio of region-specific national income per adult relative to the European average, with a notable progression from the levels of the mid-1990s.
Authors 1. Marc Morgan (PSE; WID): marc.morgan@psemail.eu 2. Theresa Neef (WIL; FU-Berlin): TNeef@diw.de Media inquiries 1. Olivia Ronsain: olivia.ronsain@wid.world; +33 7 63 91 81 68
The author gratefully acknowledges funding from the European Research Council (ERC Grant 856455) from the French National Research Agency (EUR Grant ANR-17-EURE-0001), as well as from the United Nations Development Program (Project 00093806).
The share of income presently captured by the poorest half of the world’s people is about half what it was in 1820. Nations have become richer, but governments have become poor One way to understand these inequalities is to focus on the gap between the net wealth of governments and net wealth of the private sector.
Apr 22, 2019 · 22 Apr 2019. Despite the growing importance of inequalities in policy debates, it is still difficult to compare inequality levels across European countries and to tell how European growth has been shared across income groups.
Aug 27, 2023 · We can apply this $30-a-day-poverty-line to the global income distribution to see the share in poverty as judged by the definition of poverty in high-income countries. 5. The latest global data tells us that the huge majority – 84% of the world population – live on less than $30 per day. That means 6.7 billion people.
Foresight. Income inequality among countries has been decreasing, while that within countries is increasing. Inequalities related to socio-economic background have largely remained persistent over time in Europe. By 2030, the middle class is expected to grow by 150% (to 2 billion people) in the BRIC countries and by 116% (to 730 million people ...
