The rich are even richer in 2021: 10% of the population accumulates 76% of wealth

The health crisis has increased the inequality between the richness of billionaires around the world and the rest of the population. Thus, according to data f

The rich are even richer in 2021: 10% of the population accumulates 76% of wealth

The health crisis has increased the inequality between the richness of billionaires around the world and the rest of the population. Thus, according to data from the report published by the laboratory of world inequalities, 10% of the population accumulates 76% of global wealth, while the poorest half of the population only has 2%.

From this study it is also clear that 0.01% of the population - percentage that encompasses the 520,000 richest people - has further increased its wealth during the pandemic. Currently, always according to the report, it already represents 11% of the world total. In 1995 the percentage was only 7% and the figure shot up to 10% before the previous financial crisis, when it came down to 8% (2010).

In Spain, 50% of the population entries 12,900 euros (quantity expressed in parity of purchase or PPP powers, which serves to measure the difference in life cost between countries), while 10% that More Enter this amount by eight on average. That is, they would go to 105,500 euros, which represents 34.5% of total wealth. The levels of inequality, collects the report, are similar to those that are seen in the rest of Europe: at the same level as France and something below Germany.

Global and average, an adult enters 16,700 euros a year and has a patrimony of 72,900 euros. However, this represents "extensive inequalities between countries," warns the document. The richest 10% of the population receives 52% of global revenues, while 50% poorer is done with 8.5%. In figures, this means that between 10% the average income is 87,200 euros per year, while the citizens of the poorest half obtain only 2,500 euros.

"The inequalities of global wealth are even more pronounced than income inequalities," detail the report. Thus, 50% more unfortunate has 2% of worldwide wealth (2,900 euros per person) and 10% at the top of this list has 76% of the equity (550,900 euros).

By zones, the most affected by inequality is the Middle East and North Africa (10% of the population obtains 58% of revenues), while Europe can boast, in a certain way, of greater equality (the most Rich get 36% of the total).

On the other hand, the laboratory report of world inequalities points out that inequality between countries decreases in recent years, but increases within them. In this second case, the difference between 10% richer and the poorest 50% has practically doubled (past from being 8.5 times greater than 15). This "intense increase" in inequality within countries has meant that, despite the fact that emerging countries have experienced important growth, "the world remains particularly unequal to today".

Likewise, the document links inequality to the gender gap - women perceive less than 35% of income, only five points more than in 1990- and with CO2 emissions: 0.01% richest population It is directly responsible for 11% of the emissions.

Date Of Update: 07 December 2021, 09:26