The wealthiest 20 percent of the global population receives about what percentage of all global income?

Question

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According to the World Bank, the wealthiest 20 percent of the global population receives about 77 percent of all global income. This means that the remaining 80 percent of the population shares just 23 percent of the total income. This income inequality has significant implications for poverty reduction and economic development efforts.

The Wealthiest 20 Percent of the Global Population Receives About