Lucas Chancel @lucaschancel.bsky.social · 19/11/2024Let us start with the latest average income data. In North America per capita incomes are circa €3550/month; Europe: €2700/month, East Asia: 1350€/month, Sub-Saharan Africa: 250€/month. Values in Purchasing Power Parity. 120
Lucas Chancel @lucaschancel.bsky.social · 19/11/2024Regions that have relatively less income inequality are also among the world's richest regions. In Europe, the bottom 50% makes nearly 20% of total pretax national income, vs. less than 10% in the world's most unequal regions (i.e. Latin America, Middle East North Africa). 110
Lucas Chancel @lucaschancel.bsky.social · 19/11/2024South Africa, Namibia and Colombia stand out as the most unequal countries as per the share of national income accruing to the top 10% (before taxes). 110
