Poorest 10% In US Earn More Than India's Richest 10%, World Bank Data Shows
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4 Articles
Poorest 10% In US Earn More Than India's Richest 10%, World Bank Data Shows
The World Bank's Poverty and Inequality Platform uses household surveys and other national data to monitor poverty and living standards across more than 170 economies. Its findings provide a broad picture of global inequality, while differences in data collection and measurement remain important considerations when interpreting the results.
Mumbai: The poorest 10 percent of people in some of the world's richest countries have a higher income or standard of living than the richest 10 percent of people in India, a study has found.
The World Bank Poverty and Inequality Platform report has revealed some interesting aspects of the world's economic inequality. In some rich countries, the bottom 10% of people have more income than the top 10% in India. The report shows the economic inequality between the poor and the rich in each country.
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