Global Inequality - Inequality.org
Global Wealth Inequality. According to the UBS Global Wealth Report, in 2023 the world’s richest 1 percent, those with more than $1 million, owned 47.5 percent of all the world’s wealth – equivalent to roughly $214 trillion. Adults with less than $10,000 make up nearly 40 percent of the world’s population, but hold less than 1 percent ...
Inequality.org
Aug 29, 2024 · is your online portal to data, analysis, and commentary on income and wealth inequality. You'll find on these pages information and insights that can help you better understand our deeply unequal world — and how we can work to change it. Inequality.org comes to you as a project of the Washington, D.C.-based Institute for Policy Studies.
Wealth Inequality - Inequality.org
Wealth Inequality in the United States. The United States exhibits wider disparities of wealth between rich and poor than any other major developed nation. We equate wealth with “net worth,” the sum total of your assets minus liabilities. Assets can include everything from an owned personal residence and cash in savings accounts to ...
Income Inequality - Inequality.org
Over the past five decades, the top 1 percent of American earners have nearly doubled their share of national income, according to figures in the World Inequality Database.Meanwhile, the Census Bureau’s “official” poverty rate for all U.S. families has merely inched up and down. In 2011, the Census Bureau began publishing a “supplemental” poverty measure that is …
Eight Ways To Reduce Global Inequality
Reversing this trend presents a significant challenge, but one where we’ve seen some progress. Below we offer eight ways to move the world forward in reducing global inequality. 1. Stop Illicit Outflows. In developing countries, inadequate resourcing for health, education, sanitation, and investment in the poorest citizens drives extreme ...
Inequality in America: Far Beyond Extreme - Inequality.org
Oct 12, 2020 · The 290 million or so unlucky souls who make up the so-called bottom 90 percent, meanwhile, saw just 13 percent of the nation’s wealth gains between 2006 and 2018, not much over half of what went to the top .01 percent. Our bottom 50 percent actually lost wealth over that 2006-2018 period. Some may call this level of inequality extreme.
Racial Economic Inequality - Inequality.org
Racial Income Inequality. In 2021, Fortune 500 CEOs, who earned $18.3 million on average, included just four Black and 17 Latino people — just 4 percent of the total. By contrast, these groups made up 43 percent of the U.S. workers who would benefit from a raise in the federal minimum wage to $15 per hour by 2025, according to Institute for ...
Gender Economic Inequality - Inequality.org
Gender Poverty Gaps. The gender poverty gap has not improved significantly over the past half decade. In 1966, 12.1 percent of women and 8.4 percent of men aged 18-64 lived below the official poverty line. In 2021, 11.7 percent of women in this age group were living in poverty, compared to 9.3 percent of men.
Inequality and Taxes - Inequality.org
This results in the poorest families paying a larger share of their income on state and local taxes than the rich. According to a 2024 Institute on Taxation and Economic Policy report, the poorest 20 percent of Americans face an average effective state and local tax rate of 11.3 percent, while the top 1 percent’s average rate is just 7.2 percent.
Facts - Inequality.org
The Facts that Define Our Grand Divides. Inequality and Covid-19. Income Inequality. Wealth Inequality. Racial Economic Inequality. Global Inequality. Gender Economic Inequality. Inequality and Health. Inequality and Taxes.