The ratio of the income of the top 20 percent of the income distribution to that of the bottom 20 percent has fallen been on a downward trend in the European Union since 2015. From its recent high of 5.22 in 2015, the ratio has now fallen to 4.74 in 2022.
Ratio of the income of the top 20 percent of high earners to the income of the bottom 20 percent of earners in the European Union from 2011 to 2022
The p80:p20 income inequality ratio is defined as "the ratio of total income received by the 20 percent of the population with the highest income (top quintile) to that received by the 20 percent of the population with the lowest income (lowest quintile). Income must be understood as equivalised disposable income".
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Eurostat. (September 29, 2023). Ratio of the income of the top 20 percent of high earners to the income of the bottom 20 percent of earners in the European Union from 2011 to 2022 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1416984/inequality-in-europe-80-20-income-ratio-eu/
Eurostat. "Ratio of the income of the top 20 percent of high earners to the income of the bottom 20 percent of earners in the European Union from 2011 to 2022." Chart. September 29, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1416984/inequality-in-europe-80-20-income-ratio-eu/
Eurostat. (2023). Ratio of the income of the top 20 percent of high earners to the income of the bottom 20 percent of earners in the European Union from 2011 to 2022. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1416984/inequality-in-europe-80-20-income-ratio-eu/
Eurostat. "Ratio of The Income of The Top 20 Percent of High Earners to The Income of The Bottom 20 Percent of Earners in The European Union from 2011 to 2022." Statista, Statista Inc., 29 Sep 2023, https://www.statista.com/statistics/1416984/inequality-in-europe-80-20-income-ratio-eu/
Eurostat, Ratio of the income of the top 20 percent of high earners to the income of the bottom 20 percent of earners in the European Union from 2011 to 2022 Statista, https://www.statista.com/statistics/1416984/inequality-in-europe-80-20-income-ratio-eu/ (last visited November 22, 2024)
Ratio of the income of the top 20 percent of high earners to the income of the bottom 20 percent of earners in the European Union from 2011 to 2022 [Graph], Eurostat, September 29, 2023. [Online]. Available: https://www.statista.com/statistics/1416984/inequality-in-europe-80-20-income-ratio-eu/