71% of the world's people live where inequality increasing as of 2011


Seventy-one per cent of the world’s people live in countries where income inequality has been increasing—including large-population countries like China, India, Russia, and the United States. Canada also falls into this group. Twenty-two per cent of the world’s people live in countries where inequality is declining, including Brazil and Mexico. Seven per cent live in countries where inequality has been stable, including Bangladesh and Japan.

Income inequality has increased in five countries with already very high income inequality—Colombia, Honduras, Rwanda, South Africa, and Thailand. The gap between rich and poor has also widened in some countries with traditionally low inequality—Austria, Czech Republic, Denmark, Finland, France, Germany, Luxembourg, Netherlands, and Sweden. Nine countries with very high inequality, however, have reduced income inequality—Bolivia, Brazil, Chile, Guatemala, Lesotho, Nicaragua, Panama, Paraguay, and Swaziland.

Hot Topic, World Income Inequality, Canada Conference Board Sept. 2011 http://www.conferenceboard.ca/hcp/hot-topics/worldInequality.aspx#anchor6a

#poverty #wealthdistribution #inequality #India #China #SouthAmerica