List of countries by income equality

Income Distribution by Country

List of countries by income equality

From Wikipedia, the free encyclopedia

This is a list of countries or dependencies by income inequality metrics, including Gini coefficients. The Gini coefficient is a number between 0 and 1, where 0 corresponds with perfect equality (where everyone has the same income) and 1 corresponds with perfect inequality (where one person has all the income—and everyone else has no income).

R/P 10%: The ratio of the average income of the richest 10% to the poorest 10%.
R/P 20%: The ratio of the average income of the richest 20% to the poorest 20%.
Gini: Gini index, a quantified representation of a nation’s Lorenz curve. A Gini index of 0% expresses perfect equality, while index of 100% expresses maximal inequality.
UN: Data from the United Nations Development Program.
CIA: Data from the Central Intelligence Agency‘s The World Factbook.

Country UN R/P World Bank Gini CIA R/P ] CIA Gini 
10%20%Year 10%Year Year 
Australia 12.55.834.7201012.7199430.32008
Austria 6.94.930.520146.8200426.32007
Belgium est.
Canada 9.46.23420139.5200032.12005
Costa Rica 23.412.948.7201637.3200350.32009
Denmark 8.1428.52014122000 est.24.82011 est.
European Union     8.62015 est.30.62012 est.
Finland 5.63.926.820145.7200026.82008
Greece est.34.42013 est.
Iceland  3.625.62014  282006
Israel 13.49.841.4201211.8200537.62012
Italy 11.66.634.7201411.7200031.92012 est.
Japan 4.55.432.120084.5199337.92011
Netherlands 9.24.428.620149.2199925.12013
New Zealand 12.4     36.21997
Portugal 156.435.620149.21995 est.34.22013 est.
South Africa 33.128.463201431.9200062.52013 est.
Spain 10.37.336201410.22000342011
Sweden 6.24.627.220146.2200024.92013
United Kingdom 13.85.434.1201413.6199932.42012
United States 18.59.441.52016142014 est.472014

Using the above 24 countries as a benchmark there are only two countries that have more unequal income distribution than our country, Costa Rica & South Africa. This chart illustrates the issue of the decline in income equity for the middle class. Since 1980 the real GDP per Capita has increased by 80%, but real income to the middle class has increased less than 8%. Does this seem fair to you?