According to Eurostat data, the richest 1 per cent of the population in Turkey own 14.6 per cent of the national income. Turkey ranks first in Europe with this ratio.
The share of the richest 1 per cent of the population in total income is one of the most important measures of income inequality.
According to data from Eurostat, the Statistical Office of the European Union (EU), Turkey is the country in Europe where the richest 1 per cent of the population has the highest share in national income.
In Turkey, the share of the richest 1 per cent in national income is 14.6 per cent.
This is almost twice as high as in Bulgaria, which ranks second with 7.4 per cent.
In third place is Denmark with 7.1 per cent.
Slovakia has the lowest share at 2.3 per cent. Estonia is second to last with 3 per cent and Romania third to last with 3.4 per cent.
In Russia, where income distribution is estimated to be more uneven, the share of the richest 1 per cent in total income is estimated to be higher than in Turkey, but Eurostat does not have data on Russia.
Source: diken.com.tr
Translation: Cem Cetinguc