The gap between rich and poor has grown even in the most traditionally egalitarian European countries, such as Germany, Denmark and Sweden, with the average income of the richest 10% compared to the poorest 10% rising from 5 to 1 in the 1980s to 6 to 1 today, according to an OECD reported published in December 2011, Divided We Stand: Why Inequality Keeps Rising” . The gap is 10 to 1 in Italy.
OECD, December 2011
Pop, avg % income change
Poorest 10%, avg % income change
Richest 10%, avg % income change
2008 Gini score
Better than 1985?
The OECD report examined earnings in each of the OECD’s 34 member countries, basing its measurements on the Gini coefficient, where countries are ranked between a figure of zero where everyone earns the same to 1 – where the richest person has all the income.
See detailed reports on Germany ; Italy ; France ; Spain