The Organisation for Economic Co-operation and Development, or OEDC, has released its latest data on poverty and inequality. It’s a little wonky (we found it via Wonkblog), but if you’re not the type to spend your day clicking through 315 different charts, you can start with one: the Gini coeeficient, a commonly used measure of income inequality. The blue line represents all OEDC countries, the red represents whatever country you’ve chosen below. As you’ll see, the U.S. has one of the highest rates of inequality, topped only by Chile, Mexico and Turkey in this select group of developed market economies. These numbers are echoed in the top 10 percent vs bottom 10 percent section. Oh, and if you want to better understand the Tax & Transfers section, refer to the Wonkblog post.
economic inequality, income inequality, inequality, poverty, widget, wonkblog