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Income Inequality facts

While investigating facts about Income Inequality In America and Income Inequality By Country, I found out little known, but curios details like:

Every year, every Finnish citizen’s taxable income is made public to provide transparency in society and resist economic inequality.

how income inequality harms society?

The US has similar income inequality to Russia and China

Explain what income inequality?

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what causes income inequality. Here are 23 of the best facts about Income Inequality Definition and Income Inequality In India I managed to collect.

what's income inequality?

  1. U.S. income inequality is now the highest it has been since 1928: 1 year before the Great Depression

  2. The UK had one of the lowest levels of income inequality in the world - even lower than that of the eastern European communist states - up until the mid 80-s

  3. All of Europe, half of Africa, most of Middle East (including Iran and Iraq) and a large part of Asia have less income inequality than the U.S.

  4. Approximately 245,000 deaths in the United States in the year 2000 were attributable to low levels of education, 176,000 to racial segregation, 162,000 to low social support, 133,000 to individual-level poverty, 119,000 to income inequality, and 39,000 to area-level poverty.

  5. Income & Wealth Inequality correlates with Crime

  6. Bernie Sanders filibustered for 8.5 hours about income and wealth inequality in 2010.

  7. How bad income inequality really is in this country.

  8. Henry Paulson worked on income inequality at Goldman Sachs.

  9. about solving income inequality

  10. The Gini Coefficient and the Lorenz curve, mathematical indicators of income inequality.

income inequality facts
What is global income inequality?

Income Inequality data charts

For your convenience take a look at Income Inequality figures with stats and charts presented as graphic.

income inequality fact data chart about Great Prosperity vs Great Regression (USA) [Productivity, wa
Great Prosperity vs Great Regression (USA) [Productivity, wages, taxes, poverty, income inequality, union membership, retirement age, debt, life expectancy]

income inequality fact data chart about Political Ideology and Income Inequality in American Cities
Political Ideology and Income Inequality in American Cities

Why income inequality is good?

You can easily fact check why income inequality matters by examining the linked well-known sources.

City University of New York pays economist Paul Krugman $225,000 a year to teach one seminar on income inequality. But he gets to take the first year off.

There's almost no crime at small towns with very little income and wealth inequality even if it's a very low level at a national scale... - source

Bill Gates has a solution for income inequality, it is to shift the American tax code from one that taxes labor to one that taxes consumption. - source

Income and Wealth Inequality is skyrocketting since the 70s...

There's a realtion between Income Inequality and Happiness... - source

When did income inequality start?

Even the world's elite think that income inequality is a a major economic risk

How income inequality affects our mental health?

U.S. Teen Birth Rate Correlates With State Income Inequality

In 2014 a much-heralded study concluded that global income inequality had actually fallen through much of the 2000s. Upon analyzing the data, however, Slate magazine found that its conclusions depended almost entirely on assumptions about the rich reporting their income on census surveys.

Income Inequality kills more people than smoking, guns, and car crashes combined.

The United States has higher income inequality than India.

Gandhi gave income inequality as one of the reasons for his Salt March, pointing out to the Viceroy of India that he was "getting much over five thousand times India’s average income."

Income inequality infographics

Beautiful visual representation of Income Inequality numbers and stats to get perspecive of the whole story.

income inequality fact infographic about U.S. Cities with the highest income inequality

U.S. Cities with the highest income inequality


income inequality fact infographic about Income inequality in the post-Soviet states

Income inequality in the post-Soviet states


This is our collection of basic interesting facts about Income Inequality. The fact lists are intended for research in school, for college students or just to feed your brain with new realities. Possible use cases are in quizzes, differences, riddles, homework facts legend, cover facts, and many more. Whatever your case, learn the truth of the matter why is Income Inequality so important!

Editor Veselin Nedev Editor