Inequality-Adjusted Income Index (0-1 Scale)

The Inequality-Adjusted Income Index measures the impact of income inequality on overall income distribution in a country, using a 0-1 scale where higher values indicate greater equity. This dataset from the Global Food Security Index ranks countries based on their performance in reducing income disparities.

Which countries have the most equitable income distribution?

Norway tops the rankings with a score of 0.858, followed closely by Denmark (0.853) and the Netherlands (0.843). These nations excel in implementing policies that promote economic equality, ensuring a fair distribution of income across their populations.

Top 10 countries by income equality

The countries with the most equitable income distributions are:

1. Norway: 0.858
2. Denmark: 0.853
3. Netherlands: 0.843
4. Switzerland: 0.841
5. Ireland: 0.838
6. Belgium: 0.837
7. Finland: 0.835
8. Sweden: 0.828
9. Austria: 0.821
10. Czech Republic: 0.818

Which countries face the greatest income inequality?

Haiti ranks at the bottom with a score of 0.213, reflecting significant income disparities. Other nations like Malawi (0.239), Burundi (0.241), and DR Congo (0.258) also face severe challenges in achieving equitable income distribution due to economic instability and systemic inequalities.

How does income inequality vary across regions?

European nations dominate the top of the rankings, showcasing strong social welfare systems and equitable economic policies. In contrast, African countries like Madagascar (0.303), Chad (0.297), and Mozambique (0.273) face persistent challenges, exacerbated by poverty and limited access to resources. Asia shows mixed performance, with countries like Japan (0.763) excelling, while nations like Bangladesh (0.493) lag behind.

What factors influence income inequality?

Key factors include access to education, healthcare, and economic opportunities. Countries with robust social safety nets and progressive taxation, like Norway and Denmark, tend to achieve higher scores. Conversely, political instability, corruption, and lack of investment in human capital contribute to income inequality in lower-ranked nations.

Which countries are improving in income equality?

Nations like Vietnam (0.526) and Uzbekistan (0.502) have shown progress through economic reforms and investments in social development. These efforts demonstrate how targeted policies can reduce income disparities over time.