Income share of the richest 20% in Micronesia in 2013 — 46%. Ranked 51 in the world out of 77. Since 2005, the indicator has fallen by 2.7 pp.
2005–2013 · % of income
| Year | % | Change, pp |
|---|---|---|
| 2013 | 46 | — |
| 2005 | 48.7 | — |
The share of total income or consumption that goes to the richest twenty percent of the population. Under complete equality it would be twenty percent; in the most unequal countries of Latin America and Southern Africa it comes to more than sixty. The ratio of this share to the share of the poorest quintile — the quintile ratio, S80/S20 — was historically the first measure of inequality, and it speaks more clearly than the Gini index about the gap between the poles.
Important: There are no aggregates for country groups for the same reason as with the Gini index: the quintile of a group is not a union of national quintiles. Household surveys systematically understate the incomes of the richest, so real inequality is higher than measured.
Source: World Development Indicators (World Bank), license CC BY 4.0.
What part of all income in a country goes to its poorest fifth of the population.
Labor Gini indexA measure of income inequality: 0 is complete equality, 100 is maximum inequality.
Labor Poverty at $6.85 a dayThe share of people living on less than $6.85 a day — the line for upper-middle-income countries.
