The remarkable concentration of total household wealth held by the wealthiest 10%
🇺🇸 US 79%
🇳🇱 Netherlands 68%
🇩🇰 Denmark 64%
🇩🇪 Germany 60%
🇨🇱 Chile 58%
🇦🇹 Austria 56%
🇬🇧 UK 52%
🇨🇦 Canada 51%
🇫🇷 France 51%
🇳🇴 Norway 51%
🇦🇺 Australia 46%
🇪🇸 Spain 46%
🇫🇮 Finland 45%
🇮🇹 Italy 43%
🇯🇵 Japan 41%
https://www.oecd-ilibrary.org/sites/e2879a7d-en/1/3/1/index.html?itemId=/content/publication/e2879a7d-en&_csp_=629b9a65616a4d96ca81e8985e607a2f&itemIGO=oecd&itemContentType=book#section-d1e599 @sociology @economics
@conradhackett @sociology @economics i'm quite sure there's a lot of depth to this chart.
What is household wealth? How does it relate to debt?
I'm quite sure some 80% of the top 3 is really just debt. E.g. the Netherlands households live in houses €500000 up, but financed with loans often far above that. Do they *have* half a million, do they *owe* half a million?
There's a whole page of details, with pointers to more details, cited right above the chart, if you want to look those things up. :)
@conradhackett @sociology @economics
