[OC] Three Latin American countries are among the 5 most unequal on Earth. More so than so-called Gulf states and even Russia with its oligarchs.latinometrics OP t1_j72imkb wrote
Source: World Inequality Database
Tools: Excel, Rawgraphs, Affinity Designer
From our newsletter:
There’s no way to sugarcoat it: the pandemic has only worsened the problem of global economic inequality.
Perhaps nowhere is this more true than in Latin America, which has been named the most unequal region in the world by, among others, the United Nations and the International Monetary Fund.
But while it’s not breaking news that global crises further inequalities and concentrate more wealth in the hands of the rich, it may surprise you to learn where this is most the case.
The Dominican Republic, Peru, and Mexico are all among the most unequal countries in the world per World Inequality Lab figures, with the top 1% of each country earning between 25-30% of the country’s total income.
Yes, you read that right. The richest 1% of Mexicans earn over a quarter of the money flow in the country; the richest Dominicans, nearly a third.
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