Income equality – Richest 20% v Poorest 20%

The Economist magazine produced a very useful graphic showing the percentage share of income held by the richest 20% and the poorest 20%.

Figures from the World Bank show that by this indicator many of the world’s most unequal countries are in Latin America. In Colombia the incomes of the top fifth are nearly 25 times those of the bottom fifth. Most emerging Asian countries are less unequal: the incomes of the richest 20% of Chinese are about eight times those of the poorest 20%. In Thailand, one of Asia’s most unequal countries, the ratio is 15:1. Qatar’s income per person is among the world’s highest. But income is unequally distributed: the richest Qataris receive over 13 times as much as the poorest.

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