Thailand ranks 6th in global unequal wealth distribution list
Thailand ranked 6th among the most unequal countries in the world in terms of wealth distribution, a new survey revealed.
Thailand ranked 6th among the most unequal countries in the world in terms of wealth distribution, a new survey revealed.
Credit Suisse’s recent global wealth report indicated that up to 75 percent of the national wealth is held by those in its top 10 percent. The figure increases from 73.8 percent in 2013.
The rate of unequal distribution of wealth accelerated during 2007-2014, with the share of wealth held by the top 10 percent, standing at 69.3 percent in 2007. The report said Thailand is the third most unequal country in Southeast Asia, following Indonesia and the Philippines.
According to the report, Russia is the most unequal country in the world, with 84.8 percent of its wealth held by its top 10 percent, ranking far above second-place Turkey and third-place Hong Kong.
The most equal countries, in terms of wealth distribution, were Belgium, Japan and Australia, it said.-VNA
Credit Suisse’s recent global wealth report indicated that up to 75 percent of the national wealth is held by those in its top 10 percent. The figure increases from 73.8 percent in 2013.
The rate of unequal distribution of wealth accelerated during 2007-2014, with the share of wealth held by the top 10 percent, standing at 69.3 percent in 2007. The report said Thailand is the third most unequal country in Southeast Asia, following Indonesia and the Philippines.
According to the report, Russia is the most unequal country in the world, with 84.8 percent of its wealth held by its top 10 percent, ranking far above second-place Turkey and third-place Hong Kong.
The most equal countries, in terms of wealth distribution, were Belgium, Japan and Australia, it said.-VNA
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