Income Distribution By Country

Information on the distribution and growth of household income across countries.

Income distribution by country. Today data shows that the gap between the richest and the poorest has never been wider. Data have been revised for belgium and ireland income year 2017. Data coverage differs by country for some countries data goes back to 1979 while coverage is shorter for some other countries. The gini index or gini coefficient is a statistical measure of distribution developed by the italian statistician corrado gini.

This is a list of countries by distribution of wealth including gini coefficients wealth distribution can vary greatly from income distribution in a country see list of countries by income equality. The idea that more wealth for some will translate into more wealth for everyone has deep roots. Income distribution can vary greatly from wealth distribution in a country see list of countries by distribution of wealth. The gini index is used to gauge economic inequality by measuring income distribution or wealth distribution.

New data are available for finland norway sweden and the united kingdom income year 2018 the slovak republic income year 2017 and switzerland income years 2016 and 2017. Starting in fy19 there will be surcharges in ibrd loan pricing for high income countries as described in the development committee paper sustainable finance for sustainable development dc2018 002 p april 21 2018. Typically developing countries are characterized by greater inequality than in developed countries. Data have been revised for belgium and ireland income year 2017.

New data are available for finland norway sweden and the united kingdom income year 2018 the slovak republic income year 2017 and switzerland income years 2016 and 2017. Data is currently available for some countries until 2013. Income distribution percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Income from black market economic activity is not included and is the subject of current economic research.

Percentage shares by quintile may not sum to 100 because of rounding. Higher gini coefficients signify greater inequality in wealth distribution with 0 being complete equality whereas a value near 1 can arise in a situation where everybody has zero wealth. 1 un world bank and cia list.