World of Statistics
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There are three kinds of lies: lies, damned lies, and statistics. @Kalshi partner.
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Top 1% income share by country:
🇮🇳 India — 40% of all income
🇧🇷 Brazil — 30%
🇺🇸 USA — 21%
🇬🇧 UK — 14%
🇩🇪 Germany — 13%
🇯🇵 Japan — 9%
🇩🇰 Denmark — 8%
In India, the top 1% earns 40 cents of every dollar generated in the economy.
That number has doubled since 1990.
Source: World Inequality Database (WID) 2024. India top 1% at ~40% verified.
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