Global Income Inequality: The Story In Charts

 @gmorcroftg.morcroft@ibtimes.com
on December 24 2013 8:56 AM

There's been plenty of talk lately about the 1 percent vs. the 99 percent in the U.S. and the growing inequality of income distribution across the U.S. But with the surge in economic growth in leading emerging markets like China, India, Brazil and Russia, that disparity of wealth has taken on a decidedly global tone.

The Financial Times compiled a series of interesting charts from across the Web that put the global data and its trends in stark visual relief.

The second chart tracks inequality accounting for something called the GINI Coefficient. 

According to Richard Green, a contributing editor writing for Forbes.com, "The GINI coefficient is a measure of income inequality. If everyone had the same income, the GINI would be zero; if one person had all income, the GINI would be one. " 

 

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