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Global Income Gap Widens Dramatically
11 Dec
Summary
- Bottom 50% earns 8% of global income; top 10% earns 53%.
- Richest 10% own 75% of global wealth; bottom half owns 2%.
- Inequality patterns stem from policy choices, not inevitability.
The World Inequality Report 2026 presents a stark picture of global economic disparity, indicating that the bottom half of the world's population earns just 8% of global income. In contrast, the top 10% of earners now capture a staggering 53% of this income. This trend signifies a significant shift over the past three decades, exacerbating the divide between the wealthiest and the majority.
Wealth distribution is even more extreme, with the richest 10% holding 75% of global wealth while the bottom half owns a mere 2%. Notably, the report emphasizes that these patterns are not natural occurrences but are the direct result of policy decisions. Factors such as progressive taxation and labor protections have influenced the extent of inequality across various nations.
Historically, the concentration of wealth was centered in North America and Europe. However, the report shows a geographic transformation, with China emerging as a significant high-earner nation. The authors stress the urgency of addressing these extreme levels of inequality, warning of potential threats to economic stability and democratic principles worldwide.
