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According to the World Bank, South Africa is the most economically unequal country in the world. The difference between the wealthy and the poor in South Africa has been increasing steadily since the end of apartheid in 1994, and this inequality is closely linked to racial divisions in society.
Jul 31, 2021 · The top 10 percent of South African wealth holders own more than 85 percent of household wealth, while the top 1 percent wealth share reaches 55 percent. The top 0.01 percent (about 3,500 adults) own a higher share of wealth than the bottom 90 percent as a whole (about 32 million individuals).
Sep 14, 2023 · According to the most recent data, South Africa has the highest income inequality in the world, with a Gini coefficient of around 0.67. The Gini coefficient is a widely used statistical...
- Imraan Valodia
Jan 30, 2020 · Here are six charts that tell the story of South Africa's inequality: Inequality has remained stubbornly high. South Africa started the 1990s with already elevated inequality as the policy of apartheid excluded a large swath of the population from economic opportunities.
Aug 5, 2021 · In South Africa, the richest 10% of the population own more than 85% of household wealth, while over half the population have more liabilities than assets, the report showed. That gap...
Abstract. This paper estimates the distribution of personal wealth in South Africa by com- bining microdata covering the universe of income tax returns, household surveys, and macroeconomic balance sheets statistics. We document unparalleled levels of wealth concentration. The top 10% own 86% of aggregate wealth and the top 0.1% close to one third.
Wealth Inequality in South Africa, 1993–2017. Document Details. DETAILS. See More. SUBSCRIBE TO EMAIL ALERTS. Daily Updates of the Latest Projects & Documents. This article estimates the distribution of personal wealth in South Africa by combining microdata covering the universe of income tax returns, household surveys, and .
