Unequal Distribution of Wealth in Austria

Published: October 30, 2011; 00:10 · (Vindobona)

The richest 10% of Austria´s population possess 54% of the monetary wealth. Regarding real estate, inequality is observed too.

Unequal Distribution of Wealth in Austria / Picture: © Flickr

Wealth remains very unequally distributed in Austria. Ten percent of the population own 54% of the monetary funds. The richest percent possesses 27% of the monetary wealth and the richest 0.1% still disposes of 8% of the Austrian monetary wealth. On average, every Austrian possesses 50.000 of monetary wealth.

In the real estate sector, the imbalance is even larger. About 40% of…

This article includes a total of 162 words.

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