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Wealth inequality across Europe has widened since the 2008 financial crisis, with Sweden and Germany showing the highest disparity and Belgium the lowest, according to UBS's Global Wealth Report 2024. The Gini index, used to measure inequality, was 75 in Sweden and 46 in Belgium. Inequality rose sharply in Finland, Spain, and Italy, while countries like Belgium, Germany, and Switzerland saw declines. Experts link this trend to rising financial asset concentration and uneven housing values.

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Bonik Barta 19 Jun 25

Wealth Inequality in Europe Highest in Sweden and Germany, Lowest in Belgium

The global economy faced a severe crisis in 2008, which also significantly deepened wealth inequality across societies. In an effort to revive their economies, many countries took various measures—some of which provided short-term relief but worsened long-term inequality. It has now been more than a decade and a half since that crisis, and during this period, wealth inequality has increased considerably in some European countries. However, a few countries have managed to keep it in check.


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