(07 December 2021) – The latest World Inequality Lab’s report presents the most complete data on the various facets of inequality worldwide: global wealth, income, gender and ecological inequality. The analysis is based on several years’ work by more than one hundred researchers from around the world.
In 2021, after three decades of trade and financial globalisation, global inequalities remain extremely pronounced: they are about as great today as they were at the peak of Western imperialism in the early 20th century.
In addition, the Covid pandemic has exacerbated even more global inequalities. More generally speaking, wealth inequality remains at extreme levels in all regions of the world.
– MENA (Middle East and North Africa) is the most unequal region in the world, Europe has the lowest inequality levels.
– Wealth inequalities have increased at the very top of the distribution. The top 1% took 38% of all additional wealth accumulated since the mid-1990s, whereas the bottom 50% captured just 2% of it.
– Gender inequalities remain considerable at the global level, and progress within countries is too slow.
– Ecological inequalities are not just a rich vs. poor country issue, but rather a high emitters vs low emitters issue within all countries.