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On average, an individual from the top 10% will earn $122,100, but an individual from the bottom half will earn just $3,920. And, when it comes to wealth (valuable assets and items over and above income), the gap is even wider. The poorest half of the global population owns just 2% of the global total, while the richest 10% own 76% of all wealth.
Global Risks Report 2024. The Global Risks Report, developed in collaboration with Marsh McLennan and Zurich Insurance Group, explores some of the most severe risks we may face over the next decade, against a backdrop of rapid technological change, economic uncertainty, a warming planet and conflict. As cooperation comes under pressure ...
The GDP per capita listed represents the amount of wealth produced in 2016 and is expressed in international dollars. 30. Japan — GDP per capita: $38,893 (£31,732) 29. Finland — GDP per capita: $41,812 (£34,114) 28. France — GDP per capita: $42,384 (£34,581) 27. United Kingdom — GDP per capita: $42,513 (£34,686)
This chart from Howmuch.net is based on World Bank data for Gross Domestic Product (GDP) for 2019. Only 16 economies had a GDP higher than $1 trillion, with the US by far the biggest economy at more than $21 trillion – making up just under a quarter of the global total of almost $88 trillion. China was the second largest at more than $14 ...
Research shows that in countries where there is more of a gap between rich and poor families who have children in early childhood education, fewer children overall attend. And in London, for example, even when there is some free preschool provision , children from more affluent areas are most likely to take up places.
Europe dominates the top 10 economies for T&T, as ranked by the 2023 index, although the top spot is clinched by the US. The US has retained its top spot as the best economy for travel and tourism. Image: World Economic Forum. But the index also shows that while 71 of the 119 economies it ranks improved their scores between 2019 and 2023, the ...
On the economic front, India has been a key growth engine for the world, contributing 16% to the global growth in 2023. The country’s growth rate of 7.2% in fiscal 2022-2023 was the second-highest among the G20 countries and almost twice the average for emerging market economies that year.
Listen to the article. UN agencies have called for more investment in teachers on World Teachers’ Day, 5 October. On average, teachers in OECD countries earn 81-96% of the salaries of tertiary-educated workers. Teachers in Luxembourg with more than 15 years’ experience can expect to earn more than £109,000.
The Norwegian Government Pension Fund is the largest of any sovereign wealth fund in the world, containing $1.1 trillion to date. Second is China's Investment Cooperation fund, which also manages a similarly large amount of assets of just above $1 trillion. Other sovereign wealth funds in the top eight are not nearly as big.
The heady days of 2001 – when Venezuela was the richest country on the continent – are long gone. The economy shrank by 18.6% last year. In 2017, it’s 35% smaller than it was in 2013, at least in terms of GDP, and 40% lower in GDP-per-capita terms. Inflation stood at an eye-watering 800% last year and there have been predictions it could ...