We collated income inequality stats into a graph and a map of Europe. This highlights which countries have income inequality issues. Not all European countries have been included. Notables like Russia did not have the data available as of time of publishing.
The formula that is used to derive the results in this article is “Income quintile share ratio”. This is the ratio of total income received by the 20 % of the population with the highest income (top quintile) to that received by the 20 % of the population with the lowest income (lowest quintile). Income must be understood as equivalised disposable income.
maybe swap the map and the graph i make the graph the featured image.
Bar Graph of Income Inequality Across Europe 2016-2017
The above graph and map is based on the table below.
Table of Income Inequality Across European Countries.
Here we have a table of the top 40 European countries ranked by Gross Domestic Product. This doesn’t only include European Union Countries but all the countries that are considered part of the continent of Europe.
Some interesting takeaways from this years European GDP figures are the following:
Romania went up one place to become the 16th largest economy in the European Union (EU) in 2017. In the full list of countries that are considered part of Europe it is at 19th place.
Russia is still going backwards but that doesn’t seem to be affecting president Putin’s popularity. he won the election easily.
The Czech Republic is still growing strong, it also surpassed Greece in 2017 but this was largely expected unlike Romania.
Balkan countries like Croatia that have been hit rather hard in the last few years seem to be on their way to recovery.