Income Inequality by Country in 2023: Global Rankings

In 2023, 184 countries reported income inequality data. The highest top 1% income concentration was in Iraq at 41.28%. The global average top 1% income share was 16.15%.

Countries With the Highest Income Inequality in 2023

The following table ranks countries by their top 1% income share in 2023, showing where wealth concentration is most pronounced.

# Country Top 1% Top 10% Bottom 50%
1 IQ flag Iraq 41.28% 68.73% 7.33%
2 PE flag income distribution in Peru 27.61% 58.10% 9.54%
3 CL flag income distribution in Chile 26.71% 59.47% 8.18%
4 BR flag Brazil 26.50% 59.12% 9.26%
5 AO flag Angola 25.98% 58.01% 9.04%
6 BH flag Bahrain's income inequality 25.59% 57.75% 10.38%
7 MX flag income distribution in Mexico 25.57% 59.07% 7.69%
8 YE flag Yemen's income inequality 25.07% 59.56% 9.44%
9 QA flag Qatar's wealth gap 24.44% 56.94% 9.70%
10 TR flag Turkey 24.44% 56.68% 12.36%
11 BW flag income distribution in Botswana 23.28% 60.61% 7.62%
12 DZ flag income distribution in Algeria 23.25% 50.10% 15.78%
13 SA flag income distribution in Saudi Arabia 23.16% 52.05% 10.65%
14 IN flag India 23.07% 58.89% 13.25%
15 MZ flag income distribution in Mozambique 22.70% 59.36% 9.89%
16 CO flag income distribution in Colombia 22.45% 59.94% 6.61%
17 TN flag Tunisia's wealth gap 22.41% 52.71% 12.38%
18 PY flag Paraguay 21.97% 52.12% 10.11%
19 JM flag Jamaica's income inequality 21.97% 52.12% 10.11%
20 VE flag income distribution in Venezuela 21.97% 52.12% 10.11%

Countries With the Most Equal Income Distribution in 2023

These countries had the highest share of income going to the bottom 50% of earners, indicating more equitable distribution.

# Country Top 1% Top 10% Bottom 50%
1 IS flag income distribution in Iceland 7.97% 27.95% 25.72%
2 SK flag income distribution in Slovakia 7.52% 26.78% 24.48%
3 SE flag Sweden's income inequality 9.51% 28.98% 24.42%
4 NO flag income distribution in Norway 9.52% 30.64% 24.01%
5 AT flag Austria 8.90% 31.75% 23.19%
6 CH flag Switzerland's income inequality 10.33% 31.46% 23.04%
7 SI flag income distribution in Slovenia 7.96% 29.67% 22.91%
8 FI flag Finland's income inequality 9.43% 30.72% 22.66%
9 UA flag Ukraine's income inequality 9.33% 33.08% 22.59%
10 BY flag Belarus's income inequality 9.61% 32.77% 22.58%
11 HU flag income distribution in Hungary 11.52% 33.11% 22.30%
12 DK flag Denmark 12.42% 33.38% 21.65%
13 IT flag Italy 9.10% 32.31% 21.55%
14 ES flag Spain's wealth gap 12.12% 33.97% 21.36%
15 CY flag Cyprus's wealth gap 7.99% 32.61% 21.24%
16 GR flag Greece 11.34% 33.21% 20.91%
17 NL flag Netherlands's wealth gap 7.13% 30.40% 20.84%
18 MK flag income distribution in North Macedonia 8.25% 30.61% 20.74%
19 LU flag income distribution in Luxembourg 10.23% 32.61% 20.48%
20 NZ flag New Zealand's wealth gap 12.08% 35.00% 20.44%

Global Income Inequality Overview for 2023

  • Countries with data: 184
  • Average top 1% income share: 16.15%
  • Average bottom 50% income share: 14.97%
  • Highest top 1% share: Iraq (41.28%)
  • Lowest top 1% share: Netherlands (7.13%)

Complete Country Rankings for 2023

# Country Top 1% Top 10% Bottom 50%
1 IQ flag Iraq's income inequality 41.28% 68.73% 7.33%
2 PE flag Peru's income inequality 27.61% 58.10% 9.54%
3 CL flag Chile 26.71% 59.47% 8.18%
4 BR flag Brazil's wealth gap 26.50% 59.12% 9.26%
5 AO flag Angola's income inequality 25.98% 58.01% 9.04%
6 BH flag income distribution in Bahrain 25.59% 57.75% 10.38%
7 MX flag Mexico 25.57% 59.07% 7.69%
8 YE flag Yemen's income inequality 25.07% 59.56% 9.44%
9 QA flag Qatar 24.44% 56.94% 9.70%
10 TR flag Turkey's income inequality 24.44% 56.68% 12.36%
11 BW flag Botswana's income inequality 23.28% 60.61% 7.62%
12 DZ flag Algeria's income inequality 23.25% 50.10% 15.78%
13 SA flag income distribution in Saudi Arabia 23.16% 52.05% 10.65%
14 IN flag India's wealth gap 23.07% 58.89% 13.25%
15 MZ flag Mozambique 22.70% 59.36% 9.89%
16 CO flag Colombia 22.45% 59.94% 6.61%
17 TN flag Tunisia 22.41% 52.71% 12.38%
18 PY flag Paraguay's income inequality 21.97% 52.12% 10.11%
19 JM flag Jamaica's income inequality 21.97% 52.12% 10.11%
20 VE flag Venezuela's wealth gap 21.97% 52.12% 10.11%
21 BS flag Bahamas's income inequality 21.97% 52.12% 10.11%
22 NI flag Nicaragua's income inequality 21.97% 52.12% 10.11%
23 HN flag income distribution in Honduras 21.97% 52.12% 10.11%
24 HT flag Haiti's wealth gap 21.97% 52.12% 10.11%
25 GT flag Guatemala's wealth gap 21.97% 52.12% 10.11%
26 TT flag Trinidad and Tobago's wealth gap 21.97% 52.12% 10.11%
27 PA flag income distribution in Panama 21.97% 52.12% 10.11%
28 BO flag Bolivia 21.97% 52.12% 10.11%
29 GY flag Guyana's wealth gap 21.97% 52.12% 10.11%
30 SR flag Suriname's wealth gap 21.97% 52.12% 10.11%
31 BZ flag Belize 21.97% 52.12% 10.11%
32 NA flag income distribution in Namibia 21.58% 64.20% 6.55%
33 UG flag Uganda 21.42% 53.05% 12.20%
34 UY flag Uruguay 21.35% 46.55% 14.49%
35 DM flag Dominica's income inequality 21.18% 48.52% 14.13%
36 AG flag Antigua and Barbuda 21.18% 48.52% 14.13%
37 GD flag Grenada's wealth gap 21.18% 48.52% 14.13%
38 KN flag income distribution in Saint Kitts and Nevis 21.18% 48.52% 14.13%
39 VC flag Saint Vincent and the Grenadines's wealth gap 21.18% 48.52% 14.13%
40 LC flag Saint Lucia 21.18% 48.52% 14.13%
41 BB flag Barbados's wealth gap 21.18% 48.52% 14.13%
42 GE flag income distribution in Georgia 21.11% 49.03% 13.90%
43 ZW flag income distribution in Zimbabwe 21.07% 58.95% 9.23%
44 CG flag income distribution in Congo 20.52% 55.93% 9.92%
45 LK flag Sri Lanka 20.47% 48.98% 14.13%
46 LB flag income distribution in Lebanon 20.06% 50.20% 11.27%
47 OM flag Oman's income inequality 19.93% 56.27% 9.06%
48 TH flag income distribution in Thailand 19.83% 52.35% 10.65%
49 TM flag Turkmenistan's wealth gap 19.50% 48.89% 12.06%
50 TW flag Taiwan 19.37% 48.23% 11.59%
51 ZA flag income distribution in South Africa 19.31% 65.41% 5.81%
52 EG flag Egypt's wealth gap 19.12% 49.29% 15.57%
53 CU flag Cuba 19.09% 45.57% 12.63%
54 RW flag Rwanda's wealth gap 18.94% 52.21% 13.42%
55 BG flag Bulgaria's wealth gap 18.32% 44.50% 16.05%
56 TZ flag Tanzania 18.15% 51.37% 12.95%
57 CR flag Costa Rica 18.14% 49.74% 8.92%
58 KH flag Cambodia's income inequality 18.13% 45.38% 13.91%
59 AR flag Argentina's income inequality 18.10% 45.11% 12.21%
60 KG flag income distribution in Kyrgyzstan 18.09% 43.27% 16.87%
61 ZM flag Zambia's wealth gap 18.04% 56.23% 8.81%
62 ID flag income distribution in Indonesia 17.85% 46.86% 12.45%
63 HK flag Hong Kong's wealth gap 17.84% 48.18% 13.59%
64 JO flag Jordan 17.83% 49.63% 14.40%
65 EC flag Ecuador 17.83% 45.05% 11.18%
66 KW flag income distribution in Kuwait 17.73% 45.40% 16.32%
67 EE flag income distribution in Estonia 17.07% 41.38% 16.28%
68 IL flag Israel's wealth gap 16.91% 49.21% 13.28%
69 DO flag Dominican Republic's wealth gap 16.87% 44.69% 11.42%
70 LY flag Libya's income inequality 16.76% 47.15% 15.22%
71 SV flag income distribution in El Salvador 16.73% 44.13% 10.50%
72 MM flag Myanmar 16.66% 42.93% 15.98%
73 PK flag Pakistan's income inequality 16.65% 42.81% 17.30%
74 UZ flag income distribution in Uzbekistan 16.65% 45.53% 14.62%
75 PH flag Philippines 16.62% 45.40% 14.35%
76 IR flag income distribution in Iran 16.58% 46.71% 16.52%
77 PG flag Papua New Guinea's wealth gap 16.37% 46.28% 12.91%
78 PS flag Palestine's wealth gap 16.24% 51.51% 10.21%
79 AE flag income distribution in United Arab Emirates 16.19% 49.21% 12.91%
80 BD flag Bangladesh's income inequality 16.16% 42.40% 17.08%
81 RS flag Serbia's wealth gap 16.14% 40.27% 17.03%
82 MH flag Marshall Islands's income inequality 16.09% 48.59% 15.82%
83 FJ flag Fiji 16.09% 48.59% 15.82%
84 WS flag income distribution in Samoa 16.09% 48.59% 15.82%
85 VU flag Vanuatu's wealth gap 16.09% 48.59% 15.82%
86 TV flag Tuvalu's income inequality 16.09% 48.59% 15.82%
87 NR flag income distribution in Nauru 16.09% 48.59% 15.82%
88 KI flag Kiribati's income inequality 16.09% 48.59% 15.82%
89 SB flag Solomon Islands 16.09% 48.59% 15.82%
90 TO flag Tonga's income inequality 16.09% 48.59% 15.82%
91 PW flag income distribution in Palau 16.09% 48.59% 15.82%
92 MN flag Mongolia 16.05% 42.90% 14.95%
93 GM flag Gambia's wealth gap 16.02% 48.00% 13.89%
94 ST flag income distribution in Sao Tome and Principe 15.98% 50.61% 13.04%
95 MU flag Mauritius's wealth gap 15.89% 47.40% 14.80%
96 DJ flag income distribution in Djibouti 15.86% 49.55% 13.09%
97 CN flag China's wealth gap 15.76% 43.46% 13.51%
98 CF flag income distribution in Central African Republic 15.59% 50.39% 12.13%
99 SO flag Somalia's wealth gap 15.52% 48.24% 14.05%
100 SS flag South Sudan's wealth gap 15.52% 50.01% 11.91%
101 SD flag income distribution in Sudan 15.36% 45.04% 15.77%
102 MW flag Malawi 15.23% 48.46% 13.91%
103 GH flag Ghana's income inequality 15.23% 48.91% 12.21%
104 PL flag Poland's wealth gap 15.13% 37.69% 19.39%
105 AF flag Afghanistan's wealth gap 15.08% 41.01% 17.79%
106 SL flag income distribution in Sierra Leone 15.02% 47.00% 14.99%
107 AM flag Armenia 15.00% 39.60% 18.59%
108 KZ flag Kazakhstan's income inequality 14.88% 41.20% 16.44%
109 KP flag North Korea's wealth gap 14.76% 42.67% 15.12%
110 BF flag income distribution in Burkina Faso 14.73% 47.55% 14.38%
111 TJ flag Tajikistan's wealth gap 14.53% 42.23% 15.48%
112 BI flag income distribution in Burundi 14.49% 47.10% 14.40%
113 RO flag Romania's income inequality 14.48% 41.14% 15.35%
114 LS flag Lesotho's income inequality 14.45% 49.51% 11.28%
115 SG flag Singapore's income inequality 14.21% 46.28% 16.65%
116 KM flag Comoros's income inequality 14.15% 50.26% 11.39%
117 NE flag Niger 14.13% 45.23% 16.23%
118 TG flag Togo 14.08% 46.55% 14.28%
119 MO flag Macao's wealth gap 14.00% 41.66% 14.36%
120 BT flag income distribution in Bhutan 14.00% 42.14% 15.04%
121 AZ flag income distribution in Azerbaijan 13.99% 38.22% 20.33%
122 MG flag Madagascar's wealth gap 13.98% 46.82% 14.79%
123 KE flag Kenya 13.80% 47.24% 14.23%
124 NP flag Nepal's wealth gap 13.72% 41.47% 16.70%
125 MA flag Morocco's income inequality 13.43% 48.20% 14.39%
126 DE flag Germany 13.31% 37.65% 18.77%
127 CM flag Cameroon's income inequality 13.27% 47.60% 12.37%
128 MV flag Maldives 13.08% 39.51% 18.08%
129 GB flag United Kingdom 13.08% 36.22% 20.43%
130 SN flag Senegal's wealth gap 13.07% 45.72% 15.01%
131 MY flag income distribution in Malaysia 13.00% 36.53% 19.21%
132 IE flag Ireland's wealth gap 12.95% 36.87% 19.53%
133 BJ flag Benin's wealth gap 12.84% 43.67% 15.76%
134 TD flag Chad's income inequality 12.81% 46.36% 14.59%
135 JP flag Japan's income inequality 12.65% 43.50% 18.21%
136 MD flag income distribution in Moldova 12.45% 37.34% 17.22%
137 DK flag Denmark's income inequality 12.42% 33.38% 21.65%
138 NG flag Nigeria's wealth gap 12.29% 42.39% 16.07%
139 LR flag income distribution in Liberia 12.20% 43.24% 15.43%
140 ML flag Mali 12.12% 44.94% 15.07%
141 ES flag income distribution in Spain 12.12% 33.97% 21.36%
142 NZ flag New Zealand's income inequality 12.08% 35.00% 20.44%
143 CA flag Canada's income inequality 12.06% 36.78% 16.92%
144 GQ flag Equatorial Guinea's income inequality 12.01% 45.33% 13.94%
145 FR flag France's wealth gap 11.82% 34.03% 20.30%
146 HU flag income distribution in Hungary 11.52% 33.11% 22.30%
147 SM flag San Marino's wealth gap 11.51% 35.71% 18.40%
148 MC flag income distribution in Monaco 11.51% 35.71% 18.40%
149 LI flag Liechtenstein 11.51% 35.71% 18.40%
150 AD flag Andorra 11.51% 35.71% 18.40%
151 GR flag Greece's wealth gap 11.34% 33.21% 20.91%
152 MT flag Malta 11.05% 35.43% 19.59%
153 GW flag Guinea-Bissau 11.03% 42.10% 16.05%
154 GA flag income distribution in Gabon 11.02% 43.32% 14.42%
155 AU flag Australia's wealth gap 10.95% 35.16% 17.11%
156 ER flag Eritrea's income inequality 10.46% 40.47% 17.34%
157 ET flag Ethiopia's income inequality 10.46% 40.47% 17.34%
158 PT flag Portugal's income inequality 10.37% 35.45% 20.40%
159 CH flag Switzerland's wealth gap 10.33% 31.46% 23.04%
160 LU flag Luxembourg 10.23% 32.61% 20.48%
161 MR flag income distribution in Mauritania 9.97% 39.94% 17.04%
162 BA flag Bosnia and Herzegovina 9.93% 34.60% 18.27%
163 XK flag income distribution in Kosovo 9.66% 33.39% 18.10%
164 HR flag Croatia's wealth gap 9.65% 34.78% 18.96%
165 BY flag Belarus 9.61% 32.77% 22.58%
166 NO flag Norway 9.52% 30.64% 24.01%
167 SE flag income distribution in Sweden 9.51% 28.98% 24.42%
168 FI flag income distribution in Finland 9.43% 30.72% 22.66%
169 LV flag Latvia's wealth gap 9.33% 35.40% 17.52%
170 UA flag Ukraine's income inequality 9.33% 33.08% 22.59%
171 AL flag Albania's income inequality 9.32% 34.37% 17.76%
172 ME flag Montenegro's income inequality 9.12% 35.07% 15.96%
173 IT flag Italy's wealth gap 9.10% 32.31% 21.55%
174 LT flag Lithuania 9.05% 35.63% 16.71%
175 AT flag Austria 8.90% 31.75% 23.19%
176 SC flag income distribution in Seychelles 8.78% 38.65% 17.38%
177 GN flag Guinea 8.71% 37.91% 18.20%
178 BE flag Belgium's income inequality 8.69% 32.93% 20.33%
179 MK flag North Macedonia's income inequality 8.25% 30.61% 20.74%
180 CY flag Cyprus's wealth gap 7.99% 32.61% 21.24%
181 IS flag Iceland's income inequality 7.97% 27.95% 25.72%
182 SI flag income distribution in Slovenia 7.96% 29.67% 22.91%
183 SK flag income distribution in Slovakia 7.52% 26.78% 24.48%
184 NL flag income distribution in Netherlands 7.13% 30.40% 20.84%

Last updated: April 8, 2026

Data source: World Inequality Database (WID). This dataset covers income distribution metrics for 199 countries from 1980 to 2024.

Learn about our methodology