Finance:List of countries by wealth equality
This is a list of countries by distribution of wealth, including Gini coefficients. Wealth distribution can vary greatly from income distribution in a country (see List of countries by income equality).
Higher Gini coefficients signify greater inequality in wealth distribution, with 0 being complete equality, whereas a value near 1 can arise in a situation where everybody has zero wealth except a very small minority.
It is a common misconception that Scandinavian countries have low wealth inequality. This is not true. These countries have low income inequality, meaning that the income is relatively equal for everyone. However, their wealth inequality is very high, meaning that a small minority of the people owns the vast majority of wealth.
List
The table below is for 2018. The GDP data is based on data from the World Bank[2]. The population data is based on data from the United Nations .[3] The Wealth Gini coefficients from 2008 are based on a working paper published by the National Bureau of Economic Research.[4] The Wealth Gini numbers come from the Global Wealth Databook 2018 by Credit Suisse.[5] Also the Gini Wealth coefficients for 2019 are shown.[1]
Country | Wealth Gini (2008) | Wealth Gini (2018) | Wealth Gini (2019) | Population (in thousands) | Percentage of population | Nominal GDP (in millions) | Percentage of world GDP | GDP per capita |
---|---|---|---|---|---|---|---|---|
World | 0.804 | 0.904 | 0.885 | 7,631,091.11 | 100.00% | 85,909,816 | 100.00% | 11258 |
Afghanistan | 0.655 | |||||||
Albania | 0.642 | 0.629 | 0.637 | 2,882.74 | 0.04% | 15,103 | 0.02% | 5239 |
Algeria | 0.67 | 0.758 | 0.749 | 42,228.42 | 0.55% | 173,758 | 0.20% | 4115 |
Angola | 0.731 | |||||||
Antigua and Barbuda | 0.747 | 0.838 | 0.823 | 96.28 | 0.00% | 1,611 | 0.00% | 16732 |
Argentina | 0.74 | 0.792 | 0.768 | 44,361.15 | 0.58% | 519,872 | 0.61% | 11719 |
Armenia | 0.684 | 0.645 | 0.663 | 2,951.74 | 0.04% | 12,433 | 0.01% | 4212 |
Aruba | 0.703 | |||||||
Australia | 0.622 | 0.658 | 0.656 | 24,898.15 | 0.33% | 1,433,904 | 1.67% | 57591 |
Austria | 0.646 | 0.764 | 0.739 | 8,891.38 | 0.12% | 455,286 | 0.53% | 51205 |
Azerbaijan | 0.678 | 0.643 | 0.654 | 9,949.54 | 0.13% | 46,940 | 0.05% | 4718 |
Bahamas | 0.828 | |||||||
Bahrain | 0.747 | |||||||
Bangladesh | 0.66 | 0.671 | 0.678 | 161,376.71 | 2.11% | 274,025 | 0.32% | 1698 |
Barbados | 0.706 | 0.788 | 0.778 | 285.72 | 0.00% | 4,990 | 0.01% | 17465 |
Belarus | 0.628 | 0.614 | 0.621 | 9,452.62 | 0.12% | 59,662 | 0.07% | 6312 |
Belgium | 0.662 | 0.659 | 0.603 | 11,482.18 | 0.15% | 542,761 | 0.63% | 47270 |
Belize | 0.763 | 0.815 | 0.803 | 383.07 | 0.01% | 1,871 | 0.00% | 4884 |
Benin | 0.713 | 0.689 | 0.707 | 11,485.04 | 0.15% | 10,354 | 0.01% | 902 |
Bolivia | 0.762 | 0.779 | 0.764 | 11,050.00 | 0.14% | 40,288 | 0.05% | 3646 |
Bosnia and Herzegovina | 0.642 | |||||||
Botswana | 0.751 | 0.783 | 0.8 | 2,254.07 | 0.03% | 18,616 | 0.02% | 8259 |
Brazil | 0.62 | 0.823 | 0.849 | 209,469.32 | 2.74% | 1,868,626 | 2.18% | 8921 |
Brunei | 0.787 | |||||||
Bulgaria | 0.652 | 0.647 | 0.659 | 7,051.61 | 0.09% | 65,133 | 0.08% | 9237 |
Burkina Faso | 0.728 | 0.674 | 0.688 | 19,751.47 | 0.26% | 14,125 | 0.02% | 715 |
Burundi | 0.699 | 0.654 | 0.681 | 11,175.38 | 0.15% | 3,037 | 0.00% | 272 |
Cambodia | 0.714 | 0.704 | 0.718 | 16,249.80 | 0.21% | 24,542 | 0.03% | 1510 |
Cameroon | 0.711 | 0.725 | 0.743 | 25,216.26 | 0.33% | 38,675 | 0.05% | 1534 |
Canada | 0.688 | 0.726 | 0.728 | 37,074.56 | 0.49% | 1,713,342 | 1.99% | 46213 |
Central African Republic | 0.782 | 0.768 | 0.777 | 4,666.38 | 0.06% | 2,220 | 0.00% | 476 |
Chad | 0.681 | 0.715 | 0.73 | 15,477.73 | 0.20% | 11,273 | 0.01% | 728 |
Chile | 0.777 | 0.773 | 0.798 | 18,729.17 | 0.25% | 298,231 | 0.35% | 15923 |
China | 0.55 | 0.714 | 0.702 | 1,427,647.79 | 18.71% | 13,608,152 | 15.84% | 9532 |
Colombia | 0.765 | 0.807 | 0.77 | 49,661.06 | 0.65% | 331,047 | 0.39% | 6666 |
Comoros | 0.711 | 0.766 | 0.783 | 832.32 | 0.01% | 1,178 | 0.00% | 1415 |
Template:Country data Congo, Dem. Rep. | 0.755 | |||||||
Template:Country data Congo, Rep. | 0.769 | |||||||
Costa Rica | 0.732 | 0.769 | 0.75 | 4,999.44 | 0.07% | 60,130 | 0.07% | 12027 |
Croatia | 0.654 | 0.631 | 0.645 | 4,156.41 | 0.05% | 60,972 | 0.07% | 14669 |
Cyprus | 0.801 | |||||||
Czech Republic | 0.626 | 0.758 | 0.725 | 10,649.80 | 0.14% | 245,226 | 0.29% | 23026 |
Denmark | 0.808 | 0.835 | 0.838 | 5,752.13 | 0.08% | 355,675 | 0.41% | 61834 |
Djibouti | 0.729 | |||||||
Dominica | 0.763 | 0.84 | 0.823 | 71.63 | 0.00% | 551 | 0.00% | 7693 |
Dominican Republic | 0.723 | NA | 10,627.15 | 0.14% | 85,555 | 0.10% | 8051 | |
Ecuador | 0.76 | 0.776 | 0.759 | 17,084.36 | 0.22% | 108,398 | 0.13% | 6345 |
Egypt | 0.689 | 0.909 | 0.756 | 99,581.20 | 1.30% | 250,895 | 0.29% | 2520 |
El Salvador | 0.746 | 0.759 | 0.743 | 6,420.74 | 0.08% | 26,057 | 0.03% | 4058 |
Equatorial Guinea | 0.688 | 0.781 | 0.793 | 1,308.97 | 0.02% | 13,432 | 0.02% | 10262 |
Eritrea | 0.621 | |||||||
Estonia | 0.675 | 0.715 | 0.716 | 1,322.91 | 0.02% | 30,732 | 0.04% | 23231 |
Eswatini | 0.78 | NA | 1,136.27 | 0.01% | 4,711 | 0.01% | 4146 | |
Ethiopia | 0.652 | 0.612 | 0.62 | 109,224.41 | 1.43% | 84,356 | 0.10% | 772 |
Fiji | 0.709 | 0.694 | 0.702 | 883.49 | 0.01% | 5,537 | 0.01% | 6267 |
Finland | 0.615 | 0.767 | 0.742 | 5,522.59 | 0.07% | 276,743 | 0.32% | 50111 |
France | 0.73 | 0.687 | 0.696 | 64,990.51 | 0.85% | 2,777,535 | 3.23% | 42738 |
Gabon | 0.784 | 0.7 | 0.719 | 2,119.28 | 0.03% | 16,854 | 0.02% | 7953 |
Gambia | 0.723 | 0.755 | 0.771 | 2,051.36 | 0.03% | 1,633 | 0.00% | 796 |
Georgia | 0.725 | 0.678 | 0.687 | 4,002.95 | 0.05% | 17,600 | 0.02% | 4397 |
Germany | 0.667 | 0.816 | 0.816 | 83,124.41 | 1.09% | 3,947,620 | 4.60% | 47491 |
Ghana | 0.692 | 0.682 | 0.699 | 29,767.11 | 0.39% | 65,556 | 0.08% | 2202 |
Greece | 0.654 | 0.682 | 0.654 | 10,522.24 | 0.14% | 218,032 | 0.25% | 20721 |
Grenada | 0.763 | 0.842 | 0.827 | 111.45 | 0.00% | 1,186 | 0.00% | 10642 |
Guatemala | 0.779 | NA | 17,247.86 | 0.23% | 78,460 | 0.09% | 4549 | |
Guinea | 0.693 | 0.716 | 0.741 | 12,414.29 | 0.16% | 10,907 | 0.01% | 879 |
Guinea-Bissau | 0.71 | 0.697 | 0.712 | 1,874.30 | 0.02% | 1,458 | 0.00% | 778 |
Guyana | 0.707 | 0.75 | 0.734 | 779.01 | 0.01% | 3,879 | 0.00% | 4979 |
Haiti | 0.755 | 0.82 | 0.801 | 11,123.18 | 0.15% | 9,659 | 0.01% | 868 |
Honduras | 0.743 | 0.804 | 9,587.52 | 0.13% | 23,970 | 0.03% | 2500 | |
Hong Kong | 0.740 | NA | 0.777 | 7,482.50 | 0.10% | 362,682 | 0.42% | 48471 |
Hungary | 0.651 | 0.662 | 0.663 | 9,707.50 | 0.13% | 157,883 | 0.18% | 16264 |
Iceland | 0.664 | 0.731 | 0.694 | 336.71 | 0.00% | 25,878 | 0.03% | 76855 |
India | 0.669 | 0.854 | 0.832 | 1,352,642.28 | 17.73% | 2,718,732 | 3.16% | 2010 |
Indonesia | 0.764 | 0.84 | 0.833 | 267,670.55 | 3.51% | 1,042,173 | 1.21% | 3893 |
Iran | 0.707 | 0.705 | 0.705 | 82,531.70 | 1.08% | 454,013 | 0.53% | 5501 |
Iraq | 0.633 | |||||||
Ireland | 0.581 | 0.83 | 0.796 | 4,818.69 | 0.06% | 382,487 | 0.45% | 79376 |
Israel | 0.677 | 0.766 | 0.777 | 8,381.51 | 0.11% | 370,588 | 0.43% | 44215 |
Italy | 0.609 | 0.689 | 0.669 | 60,627.29 | 0.79% | 2,083,864 | 2.43% | 34372 |
Ivory Coast | 0.712 | NA | 25,069.23 | 0.33% | 43,007 | 0.05% | 1716 | |
Jamaica | 0.686 | 0.788 | 0.775 | 2,934.85 | 0.04% | 15,714 | 0.02% | 5354 |
Japan | 0.547 | 0.631 | 0.626 | 127,202.19 | 1.67% | 4,971,323 | 5.79% | 39082 |
Jordan | 0.678 | 0.677 | 0.696 | 9,965.32 | 0.13% | 42,231 | 0.05% | 4238 |
Kazakhstan | 0.655 | 0.952 | 0.772 | 18,319.62 | 0.24% | 179,340 | 0.21% | 9790 |
Kenya | 0.699 | 0.732 | 0.745 | 51,392.57 | 0.67% | 87,908 | 0.10% | 1711 |
Kuwait | 0.763 | |||||||
Kyrgyzstan | 0.68 | 0.673 | 0.681 | 6,389.50 | 0.08% | 8,093 | 0.01% | 1267 |
Laos | 0.794 | |||||||
Latvia | 0.67 | 0.788 | 0.789 | 1,928.46 | 0.03% | 34,409 | 0.04% | 17843 |
Lebanon | 0.762 | 0.889 | 0.819 | 6,859.41 | 0.09% | 56,639 | 0.07% | 8257 |
Lesotho | 0.767 | 0.795 | 0.805 | 2,108.33 | 0.03% | 2,739 | 0.00% | 1299 |
Liberia | 0.727 | |||||||
Libya | 0.659 | |||||||
Lithuania | 0.666 | 0.655 | 0.663 | 2,801.27 | 0.04% | 53,429 | 0.06% | 19073 |
Luxembourg | 0.65 | 0.663 | 0.67 | 604.24 | 0.01% | 70,885 | 0.08% | 117312 |
Macau | 0.58 | NA | 667.40 | 0.01% | 55,084 | 0.06% | 82535 | |
Madagascar | 0.722 | 0.702 | 0.722 | 26,262.31 | 0.34% | 13,853 | 0.02% | 527 |
Malawi | 0.736 | 0.733 | 0.751 | 18,143.22 | 0.24% | 7,065 | 0.01% | 389 |
Malaysia | 0.733 | 0.82 | 0.796 | 31,528.03 | 0.41% | 358,582 | 0.42% | 11373 |
Maldives | 0.724 | |||||||
Mali | 0.75 | 0.682 | 0.707 | 19,077.76 | 0.25% | 17,163 | 0.02% | 900 |
Malta | 0.664 | 0.631 | 0.64 | 439.26 | 0.01% | 14,553 | 0.02% | 33131 |
Mauritania | 0.686 | 0.667 | 0.681 | 4,403.31 | 0.06% | 5,235 | 0.01% | 1189 |
Mauritius | 0.661 | 0.64 | 0.662 | 1,267.18 | 0.02% | 14,220 | 0.02% | 11222 |
Mexico | 0.749 | 0.8 | 0.777 | 126,190.78 | 1.65% | 1,220,699 | 1.42% | 9673 |
Moldova | 0.645 | |||||||
Mongolia | 0.668 | |||||||
Montenegro | 0.648 | |||||||
Morocco | 0.69 | 0.802 | 0.766 | 36,029.09 | 0.47% | 117,921 | 0.14% | 3273 |
Mozambique | 0.689 | 0.7 | 0.716 | 29,496.00 | 0.39% | 14,717 | 0.02% | 499 |
Myanmar | 0.597 | |||||||
Namibia | 0.847 | 0.776 | 0.788 | 2,448.30 | 0.03% | 14,522 | 0.02% | 5931 |
Nepal | 0.71 | |||||||
Netherlands | 0.65 | 0.736 | 0.902 | 17,059.56 | 0.22% | 913,658 | 1.06% | 53557 |
New Zealand | 0.651 | 0.708 | 0.672 | 4,743.13 | 0.06% | 204,924 | 0.24% | 43204 |
Nicaragua | 0.755 | 0.778 | 0.759 | 6,465.50 | 0.08% | 13,118 | 0.02% | 2029 |
Niger | 0.729 | 0.66 | 0.682 | 22,442.83 | 0.29% | 9,291 | 0.01% | 414 |
Nigeria | 0.729 | 0.894 | 0.809 | 195,874.69 | 2.57% | 397,270 | 0.46% | 2028 |
North Macedonia | 0.661 | 0.655 | 2,082.96 | 0.03% | 12,672 | 0.01% | 6084 | |
Norway | 0.633 | 0.791 | 0.798 | 5,337.96 | 0.07% | 434,167 | 0.51% | 81336 |
Oman | 0.786 | |||||||
Pakistan | 0.698 | 0.65 | 0.665 | 212,228.29 | 2.78% | 314,588 | 0.37% | 1482 |
Panama | 0.766 | 0.795 | 0.78 | 4,176.87 | 0.05% | 65,055 | 0.08% | 15575 |
Papua New Guinea | 0.738 | 0.76 | 0.766 | 8,606.32 | 0.11% | 23,498 | 0.03% | 2730 |
Paraguay | 0.766 | 0.785 | 0.768 | 6,956.07 | 0.09% | 40,497 | 0.05% | 5822 |
Peru | 0.738 | 0.795 | 0.788 | 31,989.27 | 0.42% | 222,045 | 0.26% | 6941 |
Philippines | 0.717 | 0.826 | 0.837 | 106,651.39 | 1.40% | 330,910 | 0.39% | 3103 |
Poland | 0.657 | 0.722 | 0.677 | 37,921.59 | 0.50% | 585,664 | 0.68% | 15444 |
Portugal | 0.667 | 0.736 | 0.692 | 10,256.19 | 0.13% | 240,675 | 0.28% | 23466 |
Puerto Rico | 0.753 | NA | 3,039.60 | 0.04% | 101,131 | 0.12% | 33271 | |
Qatar | 0.633 | |||||||
Romania | 0.651 | 0.728 | 0.647 | 19,506.11 | 0.26% | 239,553 | 0.28% | 12281 |
Russia | 0.699 | 0.875 | 0.879 | 146,801.93 | 1.92% | 1,657,555 | 1.93% | 11291 |
Rwanda | 0.714 | 0.728 | 0.742 | 12,301.97 | 0.16% | 9,509 | 0.01% | 773 |
Samoa | 0.747 | |||||||
Sao Tome and Principe | 0.674 | |||||||
Saudi Arabia | 0.737 | 0.81 | 0.834 | 33,702.76 | 0.44% | 786,522 | 0.92% | 23337 |
Senegal | 0.697 | 0.705 | 0.726 | 15,854.32 | 0.21% | 24,130 | 0.03% | 1522 |
Serbia | NA | NA | 0.676 | 8,802.74 | 0.12% | 50,597 | 0.06% | 5748 |
Seychelles | 0.76 | 0.679 | 0.704 | 97.09 | 0.00% | 1,590 | 0.00% | 16376 |
Sierra Leone | 0.687 | 0.671 | 0.694 | 7,650.15 | 0.10% | 4,085 | 0.00% | 534 |
Singapore | 0.689 | 0.758 | 0.757 | 5,757.50 | 0.08% | 364,157 | 0.42% | 63249 |
Slovakia | 0.629 | 0.498 | 0.498 | 5,453.02 | 0.07% | 105,905 | 0.12% | 19421 |
Slovenia | 0.626 | 0.646 | 0.662 | 2,077.84 | 0.03% | 54,008 | 0.06% | 25992 |
Solomon Islands | 0.7 | |||||||
South Africa | 0.763 | 0.806 | 0.806 | 57,792.52 | 0.76% | 368,289 | 0.43% | 6373 |
South Korea | 0.579 | 0.67 | 0.606 | 51,709.10 | 0.68% | 1,619,424 | 1.89% | 31318 |
Spain | 0.57 | 0.697 | 0.694 | 46,692.86 | 0.61% | 1,419,042 | 1.65% | 30391 |
Sri Lanka | 0.665 | 0.687 | 0.7 | 21,228.76 | 0.28% | 88,901 | 0.10% | 4188 |
St. Lucia | 0.728 | |||||||
St. Vincent and the Grenadines | 0.818 | |||||||
Sudan | 0.687 | |||||||
Suriname | 0.832 | |||||||
Sweden | 0.742 | 0.865 | 0.867 | 9,971.63 | 0.13% | 556,086 | 0.65% | 55767 |
Switzerland | 0.803 | 0.741 | 0.705 | 8,570.15 | 0.11% | 705,140 | 0.82% | 82279 |
Syria | 0.699 | |||||||
Taiwan | 0.751 | |||||||
Tajikistan | 0.656 | |||||||
Tanzania | 0.676 | 0.65 | 0.661 | 56,313.44 | 0.74% | 58,001 | 0.07% | 1030 |
Thailand | 0.71 | 0.902 | 0.846 | 69,428.45 | 0.91% | 504,993 | 0.59% | 7274 |
Timor-Leste | 0.565 | |||||||
Togo | 0.711 | 0.719 | 0.734 | 7,889.10 | 0.10% | 5,359 | 0.01% | 679 |
Tonga | 0.682 | |||||||
Trinidad and Tobago | 0.689 | 0.748 | 0.732 | 1,389.84 | 0.02% | 23,808 | 0.03% | 17130 |
Tunisia | 0.693 | 0.683 | 0.705 | 11,565.20 | 0.15% | 39,871 | 0.05% | 3447 |
Turkey | 0.718 | 0.871 | 0.794 | 82,340.09 | 1.08% | 771,350 | 0.90% | 9368 |
Turkmenistan | 0.63 | |||||||
Uganda | 0.723 | 0.714 | 0.729 | 42,729.03 | 0.56% | 27,461 | 0.03% | 643 |
Ukraine | 0.667 | 0.955 | 0.847 | 44,246.16 | 0.58% | 130,832 | 0.15% | 2957 |
United Arab Emirates | 0.796 | |||||||
United Kingdom | 0.697 | 0.747 | 0.746 | 67,141.68 | 0.88% | 2,855,297 | 3.32% | 42526 |
United States | 0.801 | 0.852 | 0.852 | 327,096.26 | 4.29% | 20,544,343 | 23.91% | 62808 |
Uruguay | 0.708 | 0.741 | 0.721 | 3,449.29 | 0.05% | 59,597 | 0.07% | 17278 |
Vanuatu | 0.688 | |||||||
Venezuela | 0.743 | |||||||
Vietnam | 0.682 | 0.708 | 0.761 | 95,545.96 | 1.25% | 245,214 | 0.29% | 2566 |
Yemen | 0.613 | 0.801 | 0.798 | 28,498.68 | 0.37% | 26,914 | 0.03% | 944 |
Zambia | 0.766 | 0.787 | 0.798 | 17,351.71 | 0.23% | 26,720 | 0.03% | 1540 |
Zimbabwe | 0.845 | 0.707 | 0.719 | 14,438.81 | 0.19% | 31,001 | 0.04% | 2147 |
See also
- List of countries by wealth per adult
- Income inequality metrics
- List of countries by income equality
- List of countries by GDP (nominal)
- List of countries by GDP (nominal) per capita
- List of countries by GDP (PPP)
- List of countries by GDP (PPP) per capita
- List of countries by Human Development Index
- List of countries by external debt
- List of sovereign states by public debt
References
- ↑ 1.0 1.1 "Global wealth databook 2019". https://www.credit-suisse.com/media/assets/corporate/docs/about-us/research/publications/global-wealth-databook-2019.pdf.
- ↑ "Gross Domestic Product 2018". 2018. https://databank.worldbank.org/data/download/GDP.pdf.
- ↑ "World Population Prospects, the 2019 revision". June 2019. https://population.un.org/wpp/Download/Files/1_Indicators%20(Standard)/EXCEL_FILES/1_Population/WPP2019_POP_F01_1_TOTAL_POPULATION_BOTH_SEXES.xlsx.
- ↑ The Level and Distribution of Global Household Wealth. April 2008. By James B. Davies, Susanna Sandström, Anthony Shorrocks, and Edward N. Wolff.
- ↑ "Global Wealth Databook 2018". http://www.credit-suisse.com/media/assets/corporate/docs/about-us/research/publications/global-wealth-databook-2018.pdf.
External links
- The World Distribution of Household Wealth. February 2008. By James B. Davies, Susanna Sandström, Anthony Shorrocks, and Edward N. Wolff. United Nations University World Institute for Development Economics Research (UNU-WIDER).
- Estimating the Level and Distribution of Global Household Wealth. November 2007. By James B. Davies, Susanna Sandström, Anthony Shorrocks, and Edward N. Wolff. UNU-WIDER.
- The World Distribution of Household Wealth. July 2007. By James B. Davies, Susanna Sandström, Anthony Shorrocks, and Edward N. Wolff. Center for Global, International and Regional Studies. University of California, Santa Cruz.
- The World Distribution of Household Wealth. 5 December 2006. By James B. Davies, Susanna Sandstrom, Anthony Shorrocks, and Edward N. Wolff. Tables to the 2006 report in Excel (including Gini coefficients for 229 countries). UNU-WIDER.
- World's richest 1% own 40% of all wealth, UN report discovers. 6 December 2006. By James Randerson. The Guardian .
- It's the Inequality, Stupid. March/April 2011 Issue. Mother Jones (magazine). Many charts, with sources.
- Who Rules America: Wealth, Income, and Power. July 2011. By G. William Domhoff. Many charts, and sources. See table 4 for wealth distribution by country. See table 7 for income distribution by country.
- Alan Grayson says United States has fifth-most unequal wealth distribution in world. 10 October 2011. PolitiFact.
- CHARTS: Here's What The Wall Street Protesters Are So Angry About.... 11 October 2011. Business Insider.
- OECD 2015 In It Together Chapter 1 Overview Inequality. 21 May 2015. Organisation for Economic Co-operation and Development. More recent Gini data p. 41.