An interesting look at national vs global income distribution
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So the graph maps your position in the National income distribution to your resultant position in the global distribution.
So if you’re at the 20th %ile of income in urban China, you’re around the 55th percentile in global income distribution, whereas a similar position within the US would put you at 80% globally.
Data from 2018.
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Yup, people in the US do not really appreciate what they have.
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Yup, people in the US do not really appreciate what they have.
@taiwan_girl said in An interesting look at national vs global income distribution:
Yup, people in the US do not really appreciate what they have.
Absolutely true
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The “urban” curves for China and India in 2018 don’t look all that far apart from the China/India curves in 2005. It’s like only the urban cities improved their incomes for these two very large nations.
The USA curve may look less over-achieving if we also throw in the curves for Japan, Western Europe, and/or Australia.
Don’t even want to think about what the curves would look like for the oil exporters not engulfed in wars, like Saudi Arabia, Qatar, the UEA, Kuwait, or Brunei.