World Wealth Distribution And Income Inequality In The World

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The total wealth in the world in the beginning of 2013 was around $223 trillion. It has increased almost twice from $113 trillion in year 2000. Here is an interesting infographic, showing some facts about world wealth. The most obvious thing you can see here is the inequality of its distribution among people. Did you know, that just 0.1% of all people own around 80% of all financial wealth. Around a quarter of world’s wealth is located in the United States, which makes it the richest country in the world. Most of the millionaires on Earth are located there. Wealth inequality in America has been one of the lowest, too. Here are some more statistics:

Distribution of wealth in the world and income inequality

* 0.001% or around 91 000 of all 6 000 000 000 people own more than 30% of financial assets.
* 99.9% of all people own only 19% of financial wealth.
* Less than 20% of people get more than 80% of world’s income.
* The poorest 20%, or around 1 200 000 000 people receive only 1.4% of world’s income.
* The financial crisis in 2007 vanished more than $30 trillion of world’s wealth.

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These and many more cool fact you can see here:

 

World wealth distribution statistics.

Income inequality has been growing for the last 30 years not only in the United States, but also in most of the countries in the world. Although it has been dancing up and down, there has been a clear upwards trend for the last decades. It has become one of the major problems of today. Nobody knows what it will lead to, but I don’t think it will be anything good. On the following picture you can see how the wealth of top 1% and top 0.1% has changed during the last years:

The share of all income in US of top 1% and top 0.1% of population. Source: https://en.wikipedia.org/wiki/Income_inequality_in_the_United_States

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