Governments have power over the distribution of wealth. Less disparity could be a policy goal, but people must organize to promote change.
Governments have power over the distribution of wealth. Less disparity could be a policy goal, but people must organize to promote change.
The “Gini Index” is supposed to help when looking for fairness, but most folks don’t know it exists. Canada does have mitigating provisions that take it from .4 to close to .3, .25/6 being what Scandinavian countries post. Helping those Canadians likely means they need a fixed address, so what Canada posts maybe propaganda.
The World Bank is the primary publisher of global Gini Index data. It is created using standardized figures on income inequality, compiled from national and international surveys. The higher the Gini coefficient, the greater the gap between the incomes of a country’s richest and poorest people. The highest levels of income equality are primarily in Central and Northern Europe, the worst in Africa and Central and South America. Canada’s rating in 2021 was 31.1. The previous year it was 28.0, which suggests Canada is trending toward greater inequality, although nowhere near as bad as some nations. Other rankings:
Norway 26.5 (2023)
Finland 27.4 (2023)
Denmark 29.9 (2023)
Sweden 29.3 (2023)
Germany 31.2 (2024)
France 31.8 (2023)
United Kingdom 32.4 (2021)
USA 41.8 (2023)
Mexico 43.5 (2022)
Brazil 52.9 (2023)
Colombia 53.9 (2023)