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Income distribution

Share of income of the top 1% for selected developed countries, 1975 to 2015
Its not just the top 1% who is gaining. Ratio for Each Income Percentile to Median Income In the U.S. Since 1970. The plot shows the increase in the relative gains of those above the median versus those below the median with the largest gains for those in the highest percentile.

Finally, in 2023 the disproportionate rise of the top earners feel (red line).

In economics, income distribution covers how a country's total GDP is distributed amongst its population.[1] Economic theory and economic policy have long seen income and its distribution as a central concern. Unequal distribution of income causes economic inequality which is a concern in almost all countries around the world.[2][3]

  1. ^ O'Sullivan, Arthur; Sheffrin, Steven M. (2003). Economics: Principles in Action. Upper Saddle River, New Jersey 07458: Pearson Prentice Hall. p. 348. ISBN 978-0-13-063085-8.{{cite book}}: CS1 maint: location (link)
  2. ^ "What is economic inequality?". wol.iza.org. Retrieved 28 April 2022.
  3. ^ "Distribution of Income". Econlib. Retrieved 2023-05-31.
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