If an individual has a large income but also large expenses, the net effect of that income on her or his wealth could be small or even negative.

The relation between wealth, income, and expenses is: change of wealth = saving = income − consumption (expenses). For example, the United Nations definition of inclusive wealth is a monetary measure which includes the sum of natural, human and physical assets. Wealth of an individual is defined as net worth, expressed as: wealth = assets − liabilitiesĪ broader definition of wealth, which is rarely used in the measurement of wealth inequality, also includes human capital. According to the International Association for Research in Income and Wealth, 'the world distribution of wealth is much more unequal than that of income.' įor rankings regarding wealth, see list of countries by wealth equality or list of countries by wealth per adult. The distribution of wealth differs from the income distribution in that it looks at the economic distribution of ownership of the assets in a society, rather than the current income of members of that society. It shows one aspect of economic inequality or economic heterogeneity. The distribution of wealth is a comparison of the wealth of various members or groups in a society. Tables to the 2006 report in Excel (including Gini coefficients for 229 countries). Davies, Susanna Sandstrom, Anthony Shorrocks, and Edward N.

The World Distribution of Household Wealth. Data obtained from the UNU-WIDER report on worldwide distribution of household wealth: Press release.

Spread of wealth in a society Global share of wealth by wealth group, Credit Suisse, 2021 World distribution of wealth, GDP, and population by region in the year 2000.

Global city wealth index