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The Gini coefficient measures inequality on a scale from 0 to 1. Higher values indicate higher inequality. GDP is adjusted for inflation and for differences in the cost of living between countries.
Gini Index - countries with the biggest inequality in income distribution 2023. 20 countries with the biggest inequality in income distribution worldwide in 2023, based on the Gini...
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At a global level the average income for an adult is $23,380 (when adjusted for Purchasing Power Parityor PPP). However, the report's authors explain that this conceals wide disparities between and within countries. The richest 10% of the global population currently take home 52% of the income.
Explore a wide range of indicators on inequality and poverty and compare sources. While the steep rise of inequality in the United States is well-known, long-run data on the incomes of the richest shows countries have followed a variety of trajectories.
Jun 30, 2023 · The World Bank Group assigns the world’s economies to four income groups – low, lower-middle, upper-middle, and high. The classifications are updated each year on July 1, based on the GNI per capita of the previous calendar year.
Dec 23, 2023 · Do taxes impact income inequality by country? This animated chart, from Our World in Data, shows income inequality after taxes across 45 countries—a key measure for examining differences in living standards globally. Which Tax Systems Offset Income Inequality the Most?
Jul 1, 2020 · Updated country income classifications are available here. The World Bank assigns the world’s economies to four income groups—low, lower-middle, upper-middle, and high-income countries. The classifications are updated each year on July 1 and are based on GNI per capita in current USD (using the Atlas method exchange rates) of the previous ...
