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Income Share of Richest 1%

6%

8%

10%

12%

14%

16%

18%

20%

22%

24%

26%

28%

30%

32%

34%

Click on a country for details.

Share of Income Of the Richest One Percent by Country 2024

The United Nations Development Programme has compiled a list measuring the income of the richest one percent in various countries, calculated before taxes and transfers. In the United States, the richest 1% holds 22.5% of income, with an entry threshold of $5.1 million, encompassing about 0.29 million people. Monaco follows with a 14.9% income share, requiring a minimum net worth of $12.4 million to be in the top 1%.

In Switzerland, the top 1% earns more than $6.6 million (5.9 million Swiss francs), holding 10.6% of the country's income. New Zealand's top 1%, about 38,000 people, earn over $5.2 million, with an income share of 8.7%. Australia has seen a rise in the income share of its wealthiest since the 1980s, now at 9.1%, with a $5.5 million threshold for the top 1%.

Ireland's top 1%, mainly managers and professionals, earn at least $4.3 million, holding 11.3% of income. In France, around 7 million people qualify for the top 1% with earnings of $3.5 million or more, accounting for an 11.2% income share. Hong Kong has a significant proportion of wealthy individuals, with one in every person worth at least $5 million. To be in Hong Kong's top 1%, an income of $3.4 million is required, contributing to China's total income share of 13.9%.

In the United Kingdom, around 263,000 people fall into the top 1%, earning a minimum of $3.3 million, and holding 12.6% of the country's income.

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Country
Income Share of Richest 1%
Mozambique31.1%
Central African Republic31%
Mexico28.4%
Malawi28%
Chile27.1%
Angola26%
Brazil25.7%
Bahrain25.1%
Yemen24.7%
Qatar23.6%
Zambia23.2%
Botswana22.7%
South Africa21.9%
India21.7%
Argentina21.7%
Namibia21.6%
Peru21.2%
Syria21.2%
Zimbabwe21.1%
Georgia21.1%
Russia21%
Saudi Arabia21%
Ivory Coast21%
Lebanon21%
Venezuela20.8%
Guatemala20.8%
Bolivia20.8%
Haiti20.8%
Dominican Republic20.8%
Honduras20.8%
Nicaragua20.8%
Paraguay20.8%
Panama20.8%
Jamaica20.8%
Trinidad and Tobago20.8%
Guyana20.8%
Suriname20.8%
Belize20.8%
Bahamas20.8%
Iraq20.7%
Sri Lanka20.6%
Seychelles20.6%
Republic of the Congo20.5%
Laos20.1%
Egypt19.9%
Colombia19.9%
Rwanda19.9%
Turkmenistan19.9%
Oman19.6%
Kuwait19.4%
Eswatini19.3%
United States19.1%
Costa Rica19.1%
Turkey18.8%
Cambodia18.6%
Kyrgyzstan18.4%
Indonesia18.3%
Bulgaria18.3%
Iran18.2%
Tanzania18.2%
Hong Kong17.9%
Palestine17.9%
Thailand17.8%
Equatorial Guinea17.6%
Benin17.5%
Jordan17.5%
Myanmar17.1%
Uganda17.1%
Guinea Bissau17.1%
Philippines16.9%
Uzbekistan16.9%
Pakistan16.8%
Cuba16.7%
Papua New Guinea16.7%
Israel16.6%
Mongolia16.5%
Bangladesh16.3%
Vietnam16.2%
Cameroon15.9%
Mauritius15.9%
Djibouti15.9%
United Arab Emirates15.8%
Chad15.7%
Timor Leste15.7%
South Sudan15.5%
Sudan15.4%
Kazakhstan15.4%
Armenia15.4%
Afghanistan15.3%
Kenya15.2%
Ghana15.2%
Madagascar15.2%
Morocco15.1%
Sierra Leone15%
Poland14.9%
Malaysia14.9%
Tajikistan14.9%
North Korea14.8%
South Korea14.7%
Burundi14.7%
Uruguay14.7%
DR Congo14.6%
Burkina Faso14.6%
El Salvador14.5%
Lesotho14.5%
Romania14.4%
Azerbaijan14.3%
Singapore14.2%
Comoros14.2%
Bhutan14.2%
China14%
Canada13.9%
Nepal13.9%
Togo13.9%
Cape Verde13.9%
Ethiopia13.8%
Eritrea13.8%
Ecuador13.7%
Libya13.6%
Gambia13.6%
Brunei13.6%
Maldives13.3%
Senegal13.2%
Japan13.1%
Denmark12.9%
Germany12.8%
United Kingdom12.7%
Guinea12.5%
Spain12.4%
Somalia12.4%
Hungary12.3%
Liberia12.2%
New Zealand11.9%
Ireland11.8%
Estonia11.8%
Nigeria11.6%
Niger11.6%
Switzerland11.5%
Cyprus11.5%
Australia11.3%
Lithuania11%
Gabon11%
Tunisia10.9%
Serbia10.9%
Finland10.9%
Greece10.8%
Mauritania10.8%
Sweden10.5%
Luxembourg10.4%
Croatia10.2%
Austria10.1%
Czech Republic10%
Algeria9.9%
Belarus9.9%
France9.8%
Moldova9.8%
Mali9.7%
Montenegro9.7%
Portugal9.6%
Ukraine9.5%
Latvia9.1%
Malta9.1%
Sao Tome and Principe9%
Norway8.9%
Bosnia and Herzegovina8.9%
Albania8.9%
Iceland8.8%
Italy8.7%
Belgium8.6%
Slovenia8%
Slovakia7%
Netherlands6.9%
North Macedonia6.5%
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