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List of countries by income inequality based on Pre-tax national income share held by the top 10% of the population, Income Decile 1 and Interdecile P90/P10; Country/Territory UN Region World Bank Income group (2024) Pre-tax national income Top 10% share [a] Income Decile 1 [b] Interdecile P90/P10 [c] World Inequality Database [9] Year UNU ...
Effects of taxes and benefits on household income in 2011/12. Data from the Households Below Average Income (HBAI) report from the Department for Work and Pensions 2013/14: Data from HMRC – Percentile points of the income distribution as estimated from the Survey of Personal Incomes, note this only includes individuals who pay some income tax:
This is a list of countries by inequality-adjusted Human Development Index (IHDI), as published by the UNDP in its 2024 Human Development Report.According to the 2016 Report, "The IHDI can be interpreted as the level of human development when inequality is accounted for", whereas the Human Development Index itself, from which the IHDI is derived, is "an index of potential human development (or ...
The inequality income metric should be independent of the aggregate level of income. This may be stated as: = where α is a positive real number. Population independence Similarly, the income inequality metric should not depend on whether an economy has a large or small population.
In 2014/5, the median income in the UK was £473 per week (£24,596 a year). Those earning 60% of this figure (£284 a week / £14,758 a year) were considered to be in the low income bracket. This is the definition that is used by the British government's Department for Work and Pensions in its yearly survey Households below average income. [104]
The inaugural index from 2020 ranked 82 countries and has not been updated since. The Index measures social mobility holistically through 5 determinants. The findings from the index were then used in the World Economic Forum's Global Social Mobility Report 2020, which provided recommendations for governments and businesses.
World Inequality Report is a report by the World Inequality Lab at the Paris School of Economics that provides estimates of global income and wealth inequality based on the most recent findings compiled by the World Inequality Database (WID). WID, also referred to as WID.world, is an open source database, that is part of an international ...
The concept of inequality is distinct from that of poverty [5] and fairness. Income inequality metrics (or income distribution metrics) are used by social scientists to measure the distribution of income, and economic inequality among the participants in a particular economy, such as that of a specific country or of the world in general.