Global changes in real income by income percentile - v1
The Elephant Curve, also known as the Lakner-Milanovic graph or the global growth incidence curve, is a graph that illustrates the unequal distribution of income growth for individuals belonging to different income groups.[1] The original graph was published in 2013 and illustrates the change in income growth that occurred from 1988 to 2008. The x axis of the graph shows the percentiles of the global income distribution. The y axis shows the cumulative growth rate percentage of income.[1] The main conclusion that can be drawn from the graph is that the global top 1% experienced around a 60% increase in income, whereas the income of the global middle increased 70 to 80%.
^ abSeidel, Homi Kharas and Brina (April 2, 2018). "What's happening to the world income distribution? The elephant chart revisited".
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