Sep 29, 2024
What share of income is received by the richest 1%
Globally, there are large differences in the estimated share of income received by the richest 1% of the population. In Norway and Slovakia, it’s 7%; 27% in Mexico, and 31% in Mozambique and the Central African Republic.
You might expect these numbers to be strongly correlated to a country's level of economic development. But this isn't always the case. In the United States, for example, 1% of its population takes home 21% of national income. This is relatively high globally.
The data comes from the World Inequality Database, and we just updated our charts with their latest data. The data below is based on income before taxes and benefits, but after-tax incomes show a broadly similar inequality map.