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The Wealth Gini coefficients from 2008 are based on a working paper published by the National Bureau of Economic Research. [5] The Wealth Gini numbers for 2018, 2019, and 2021 come from the Global Wealth Databook by Credit Suisse. [6] [7] [8] * indicates "Wealth inequality in COUNTRY or TERRITORY" or "Income inequality in COUNTRY or TERRITORY ...
This is a list of countries and territories by income inequality metrics, as calculated by the World Bank, UNU-WIDER, OCDE, and World Inequality Database, based on different indicators, like Gini coefficient and specific income ratios.
Economic inequality is an umbrella term for a) income inequality or distribution of income (how the total sum of money paid to people is distributed among them), b) wealth inequality or distribution of wealth (how the total sum of wealth owned by people is distributed among the owners), and c) consumption inequality (how the total sum of money spent by people is distributed among the spenders).
This measure tries to capture the overall dispersion of income; however, it tends to place different levels of importance on the bottom, middle and top end of the distribution. As a disadvantage, the Gini index only maps a number to the properties of a diagram, but the diagram itself is not based on any model of a distribution process.
Mean wealth is the amount obtained by dividing the total aggregate wealth by the number of adults. In nations where wealth is highly concentrated in a small percentage of people, the mean can be much higher than the median. A Global Wealth Report is published annually by Credit Suisse. [1] [2] This article shows the distribution of wealth in ...
The average wealth gap between white families and Black and Hispanic ones reached a new high in 2022, according to a new report by the Urban Institute.
Things aren't looking good for Gen X, which is said to have the largest wealth gap of any generation. Not having a pension plan, suffering multiple economic crises, and not seeing wage increases ...
China's Gini coefficient has risen from 0,31 to 0,491 between the years 1981 and 2008. The main reason for China's high Gini coefficient is an income gap between rural and urban household. The share of the urban–rural income gap in total income inequality increased by 10 per cent over the period 1995–2007, rising from 38 to 48%. [59]
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