bibliolater , to economics group
@bibliolater@qoto.org avatar

How much of national income goes to the richest 1%?

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.

https://ourworldindata.org/data-insights/how-much-of-national-income-goes-to-the-richest1

@economics

bibliolater , to economics group
@bibliolater@qoto.org avatar

How much of national income goes to the richest 1%?

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.

https://ourworldindata.org/data-insights/how-much-of-national-income-goes-to-the-richest1

@economics

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