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Nov 23, 2022 · Global inequality is the unequal distribution of resources, opportunities, and power that shape well-being among the 8 billion individuals on our planet. Distinct from inequality within a country or between countries, global inequality is one way of understanding the different lived experiences of our fellow humans, no matter where they live.
Aug 28, 2019 · Global Inequality of Opportunity. Living conditions are vastly unequal in different places in our world today. Today’s global inequality of opportunity means that what matters most for your living conditions is the good or bad luck of your place of birth. We look at how where you’re born is the strongest determinant of your standard of ...
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 ...
Dec 10, 2021 · 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.
Dec 9, 2021 · This unequal development resulted in the extremely large global inequality of today. The reality of today's global inequality is cruel. Those who are born into an economy that achieved large growth in the last two centuries grow up in much better living conditions than those who happen to be born into a poor economy.
Inequality threatens long-term social and economic development, harms poverty reduction and destroys people’s sense of fulfillment and self-worth. This, in turn, can breed crime, disease and ...
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On this page, you can find all our data, visualizations, and writing relating to economic inequality. This evidence shows us that inequality in many countries is very high and, in many cases, has been on the rise. Global economic inequality is vast and compounded by overlapping inequalities in health, education, and many other dimensions.