Sunday, 17 December 2023 12:43

Sri Lanka among South Asia's top wealth inequality hotspots - UN Report Featured

A United Nations Development Programme Regional Human Development report has pointed out that the countries exhibiting the highest wealth inequality in South Asia, as measured by the wealth share of the top 10 percent, include Sri Lanka.

The United Nations Development Programme Regional Human Development report, using data tracked by the World Inequality Database showed that Asia and the Pacific have some of the biggest gaps between the rich and the poor in the world.

The UNDP report highlighted that inequality remains deeply entrenched – the richest 10 percent consistently command over half of total income, and in South Asia in particular, income inequality has been worsening.

There are persistent inequalities in the distribution of wealth, especially in South-East Asia and South Asia, with the highest wealth inequality observed in China, India, Myanmar, Sri Lanka and Thailand.

There are 35833 listings and 1274 categories in our website