The Organisation for Economic Co-operation and Development (OECD) are measuring the rising income inequality in some countries around the world.
CASE STUDY: The OECD are measuring the gap between rich and poor
The OECD measure a range of social and welfare issues including income inequality.
A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it’s around 9½ times higher. Many fear this widening gap is hurting individuals, societies and even economies.
Inequality within OECD countries is showing a range of trends. The highest inequality exists in Chile, Israel, Mexico, Turkey and the United States. The most equal countries are Denmark, Norway, the Slovak Republic and Solvenia. Inequality has risen in most countries since the 1980s, with high rates of growth in the Unites States, New Zealand, Finland and Sweden.