North America
The United States holds one of the highest wealth Gini coefficients among OECD nations. The top 1% of US households owns approximately 32% of national wealth, while the bottom 50% owns less than 3%.
How is wealth distributed among population groups within countries and regions? This section brings together the most current international data to paint a rigorous picture of global inequality.
Wealth distribution refers to how the total stock of assets — financial and non-financial — is allocated across a population. Unlike income (a flow), wealth represents accumulated resources: savings, real estate, financial instruments, business equity, and other capital assets, minus debts.
The concentration of wealth is significantly more extreme than income concentration. International databases consistently show that a small fraction of the global population controls the vast majority of total wealth, while billions of people hold negligible or even negative net worth.
Percentage of global wealth held by each population group
| Population Group | Share of Global Wealth | Approx. Adults (Billions) | Change Since 2000 |
|---|---|---|---|
| Top 1% | 43.4% | 0.06 | +6.2 pp |
| Next 9% (top 10% excl. top 1%) | 32.6% | 0.58 | +1.8 pp |
| Middle 40% | 21.0% | 2.33 | −4.1 pp |
| Bottom 50% | 3.0% | 2.92 | −3.9 pp |
The Gini coefficient is the most widely used measure of income/wealth inequality. A value of 0 represents perfect equality; 100 represents maximum concentration.
Post-tax, post-transfer income inequality — most recent available year
| Country | Gini Coefficient | Region | Year | Trend |
|---|---|---|---|---|
| South Africa | 63.0 | Africa | 2023 | Increasing |
| Brazil | 53.4 | Americas | 2023 | Slowly decreasing |
| Mexico | 45.4 | Americas | 2023 | Slowly decreasing |
| United States | 39.7 | Americas | 2022 | Increasing |
| United Kingdom | 35.1 | Europe | 2022 | Stable |
| India | 35.7 | Asia-Pacific | 2022 | Increasing |
| France | 29.8 | Europe | 2022 | Stable |
| Germany | 31.7 | Europe | 2022 | Stable |
| Canada | 33.3 | Americas | 2022 | Stable |
| Japan | 32.9 | Asia-Pacific | 2021 | Slowly decreasing |
| Sweden | 27.6 | Europe | 2022 | Stable |
| Norway | 25.0 | Europe | 2022 | Stable |
The United States holds one of the highest wealth Gini coefficients among OECD nations. The top 1% of US households owns approximately 32% of national wealth, while the bottom 50% owns less than 3%.
Europe shows significant internal variation. Nordic countries exhibit the lowest inequality globally, while Southern and Eastern European nations show higher concentration. The top 1% in Europe holds ~22% of European wealth.
The region is highly heterogeneous. China has seen rapid wealth accumulation at the top, while India's inequality has widened sharply. Japan and South Korea maintain relatively lower inequality compared to their GDP peers.
The region remains among the most unequal globally, though Gini coefficients have improved in several countries since 2000. Brazil and Colombia still rank among the highest-inequality economies in the world.
South Africa holds one of the highest Gini coefficients globally. The region's wealth concentration is compounded by colonial land legacy, limited financial inclusion, and infrastructure inequality.
The Middle East and North Africa region is characterised by large oil-wealth concentrations in Gulf states alongside significant poverty in conflict-affected nations, creating extreme between-country inequality.
Global wealth inequality followed a broad U-shaped trajectory over the 20th century. Inequality fell significantly in many countries between roughly 1910 and 1980 — partly through progressive taxation, labour market institutions, and the destruction of accumulated capital in the World Wars. Since 1980, the trend has reversed in most advanced economies.
The digital economy has accelerated returns to capital ownership, while wage growth has stagnated relative to asset price appreciation in housing and equities. This dynamic has widened the gap between those who own assets and those who rely primarily on labour income.
In emerging markets, the picture is more mixed. Several East and Southeast Asian economies saw rapid income growth that reduced extreme poverty even as internal inequality rose. In Sub-Saharan Africa, high population growth has kept per-capita wealth gains modest.
| Country | Top 1% Share 1980 | Top 1% Share 2023 | Change |
|---|---|---|---|
| USA | 22.2% | 34.9% | +12.7 pp |
| UK | 15.8% | 22.0% | +6.2 pp |
| France | 16.8% | 24.2% | +7.4 pp |
| Sweden | 17.5% | 20.6% | +3.1 pp |
| China | 6.4% | 30.6% | +24.2 pp |
| India | 12.0% | 40.1% | +28.1 pp |
| Brazil | 49.2% | 47.8% | −1.4 pp |
Source: World Inequality Database (WID.world). Top 1% income (pre-tax national income) shares used as proxy.