How much of national income goes to the richest 1%?

You might expect these numbers to be strongly correlated to a country’s level of economic development. But this isn’t always the case. In the United States, for example, 1% of its population takes home 21% of national income. This is relatively high globally.

ourworldindata.org/data-insigh

@economics

@bibliolater @economics I knew it was bad in the USA, but didn't realize it was as bad as Russia. Yikes

Follow

@alessandro @economics

According to the the comes in at 20.87% while comes in at 23.76% so there is a 2.89% difference.

ยท ยท 0 ยท 1 ยท 1
Sign in to participate in the conversation
Qoto Mastodon

QOTO: Question Others to Teach Ourselves
An inclusive, Academic Freedom, instance
All cultures welcome.
Hate speech and harassment strictly forbidden.