The Richest 3% Hold a Fifth of Collective Income Worldwide
According to Gallup, income inequality levels are highest in sub-Saharan Africa and East Asia. Across 131 countries the richest 3 percent of residents hold 20 percent of total collective household income, and so do the poorest.
This means that 3 percent of people reporting the highest household incomes share the same portion of household income as more than half of all residents worldwide. Income inequality can lead to stagnant development in poorer nations, so the scale of the differences are of great concern.
Even though income inequality is prevelant in developing countries, it has also made its presence felt in wealthier regions. Indeed, the richest 4 percent of Americans and the poorest 54 percent each hold a 20 percent of the country’s collective household income.
This chart shows the percentage of poorest and richest residents holding a fifth of collective household income.
The Statista "Chart of the Day", made available
under the Creative Commons License CC BY-ND 3.0, may be used
and displayed without charge by all commercial and
non-commercial websites. Use is, however, only permitted with
proper attribution to Statista. When publishing one of these graphics,
please include a backlink to the respective infographic URL.
The Statista "Chart of the Day" currently focuses
on two sectors: "Media and Technology", updated
daily and featuring the latest statistics from the media,
internet, telecommunications and consumer electronics
industries; and "Economy and Society", which
current data from the United States and around the
world relating to economic and political issues as well as
sports and entertainment.
For individual content and infographics in your Corporate Design,
please visit our agency website
Any more questions?
Get in touch with us quickly and easily. We are happy to help!