Source: Know More

From Know More:

In the graph above, the area of each rectangle corresponds to the size of each country’s economy. The width of the rectangle represents the population, while the height represents the average income in that country. Which rectangle is larger, China’s or that of the United States? According to the new World Bank report from which this chart is taken, China’s is slightly smaller but will be larger by the end of this year.

Category: Data Analysis, Digital Media, Wages & Income

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One Response to “The State of Global Income Inequality”

  1. constantnormal says:

    … if China does indeed become the largest economy on the planet, whether this year or next, it might (due to China’s middle-of-the-road position in global per capita income) bring a measure of stability and growth to the world economy, as they could represent the “middle class” of this planet, while we represent the highest tier, which might add a few logs to the bonfire of reasons why various other nations both envy and hate us … but a vibrant and growing global “middle class” cannot be anything other than a healthy development for the global economy.