25
Feb

The wealthiest 20% account for 77% of all consumption.

Consumption and Consumerism

by Anup Shah
March 06, 2011

Global inequality in consumption, while reducing, is still high.

Using latest figures available, in 2005, the wealthiest 20% of the world accounted for 76.6% of total private consumption. The poorest fifth just 1.5%:

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