World of Statistics
@stats_feed
There are three kinds of lies: lies, damned lies, and statistics. @Kalshi partner.
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ฅ December 2020
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Top 1% income share by country:
๐ฎ๐ณ India โ 40% of all income
๐ง๐ท Brazil โ 30%
๐บ๐ธ USA โ 21%
๐ฌ๐ง UK โ 14%
๐ฉ๐ช Germany โ 13%
๐ฏ๐ต Japan โ 9%
๐ฉ๐ฐ Denmark โ 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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