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Bookmark or Share- Global income inequality: How big is gap between richest and poorest ...On average, an individual from the top 10% will earn $122,100, but an individual from the bottom half will earn just $3,920. And, when it comes to wealth (valuable assets and items over and above income), the gap is even wider. The poorest half of the global population owns just 2% of the global total, while the richest 10% own 76% of all wealth.
- Inequality in India: what's the real story? | World Economic ForumInequality in numbers. According to a report by the Johannesburg-based company New World Wealth, India is the second-most unequal country globally, with millionaires controlling 54% of its wealth. With a total individual wealth of $5,600 billion, it’s among the 10 richest countries in the world – and yet the average Indian is relatively poor.
- Wealth gap widens as pandemic deepens economic inequality | World ...The richest 10% of the world population owns 76% of the wealth. Image: World Inequality Report 2022. The pandemic wiped out years of progress in reducing poverty and caused economic inequality to spike. The world’s 10 richest men have doubled their fortunes since the global health emergency began, while the incomes of 99% of humanity are ...
- 3 key actions to help bridge the inequality gap - The World Economic ForumIn the Sustainable Development Goals Progress Report 2023, the UN Secretary-General noted that SDG10 – reducing inequality – is one of the worst performing SDGs. Action has never been more urgent on this goal, because during the COVID-19 pandemic and global inflation crisis, inequality of income, wealth and health outcomes has risen sharply.
- How can the world address inequality? 7 experts explainAccording to the World Inequality Database 2020 update, Latin America and the Middle East stand as the world’s most unequal regions, with the top 10% of the income distribution capturing 54% and 56% of the average national income respectively. Despite Gulf countries (Bahrain, Kuwait, Oman, Qatar, UAE, Saudi Arabia) having among the highest ...
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