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The wealthiest 20% account for 77% of all consumption.
Consumption and Consumerism
by Anup Shah
March 06, 2011
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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