Palma ratio by country
The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.
What the numbers show
Palma ratio is currently reported for 117 countries. The highest value is 4.17 in Colombia; the lowest is 0.7715 in Slovakia.
The median across all reporting countries is 1.35, and the mean is 1.58.
The gap between the highest and lowest reporting country is a factor of about 5.
Over the past decade 29 countries rose and 86 fell. The largest increase was in Pakistan (up 21.2%), and the largest decrease in Guinea-Bissau (down 59.7%).
Palma ratio: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Colombia | 4.17 | 2024 | up 4.2% | falling |
| 2 | Botswana | 4.16 | 2015 | down 33.2% | flat |
| 3 | South Africa | 4 | 2022 | down 34.4% | falling |
| 4 | Zambia | 3.5 | 2022 | down 1.6% | falling |
| 5 | Brazil | 3.28 | 2024 | down 10.0% | falling |
| 6 | Panama | 3.23 | 2024 | down 4.1% | falling |
| 7 | Mozambique | 3.08 | 2022 | down 19.5% | flat |
| 8 | Nicaragua | 2.6 | 2014 | down 12.4% | falling |
| 9 | Ecuador | 2.57 | 2025 | up 0.7% | falling |
| 10 | Honduras | 2.55 | 2024 | down 22.3% | falling |
| 11 | Costa Rica | 2.49 | 2025 | down 13.9% | rising |
| 12 | Guatemala | 2.45 | 2023 | down 15.8% | falling |
| 13 | Venezuela | 2.4 | 2006 | down 13.2% | falling |
| 14 | Paraguay | 2.34 | 2024 | down 29.3% | falling |
| 15 | Turkey | 2.26 | 2023 | up 21.0% | rising |
| 16 | Ghana | 2.25 | 2016 | up 4.4% | rising |
| 17 | Chile | 2.18 | 2024 | down 17.9% | falling |
| 18 | Uganda | 2.14 | 2019 | down 7.8% | flat |
| 19 | Mexico | 2.14 | 2024 | down 28.1% | falling |
| 20 | Cameroon | 2.08 | 2021 | down 22.8% | flat |
| 21 | United States | 2.03 | 2024 | up 1.1% | rising |
| 22 | Bolivia | 1.94 | 2024 | down 32.3% | falling |
| 23 | Malaysia | 1.93 | 2021 | down 14.1% | falling |
| 24 | Tanzania | 1.91 | 2018 | up 1.4% | rising |
| 25 | Peru | 1.87 | 2024 | down 15.7% | falling |
| 26 | Uruguay | 1.85 | 2024 | down 0.5% | falling |
| 27 | Jamaica | 1.84 | 2021 | — | falling |
| 28 | Rwanda | 1.83 | 2023 | down 24.7% | falling |
| 29 | Morocco | 1.83 | 2013 | down 4.8% | rising |
| 30 | El Salvador | 1.82 | 2023 | down 18.3% | falling |
| 31 | Bulgaria | 1.8 | 2023 | up 17.1% | rising |
| 32 | Dominican Republic | 1.75 | 2024 | down 24.5% | falling |
| 33 | Gambia | 1.75 | 2020 | down 22.2% | falling |
| 34 | Malawi | 1.73 | 2019 | down 30.3% | volatile |
| 35 | Kenya | 1.72 | 2022 | down 10.8% | falling |
| 36 | Israel | 1.69 | 2022 | down 16.2% | rising |
| 37 | Sri Lanka | 1.67 | 2019 | up 8.9% | rising |
| 38 | Togo | 1.66 | 2021 | down 34.8% | falling |
| 39 | Burundi | 1.64 | 2020 | down 5.6% | rising |
| 40 | Burkina Faso | 1.63 | 2021 | down 11.3% | falling |
| 41 | Madagascar | 1.59 | 2021 | down 24.6% | falling |
| 42 | Senegal | 1.53 | 2021 | down 19.0% | falling |
| 43 | Russia | 1.53 | 2020 | down 15.5% | falling |
| 44 | Tajikistan | 1.52 | 2024 | up 12.3% | rising |
| 45 | Palestine | 1.52 | 2023 | up 9.4% | rising |
| 46 | China | 1.52 | 2022 | down 27.7% | rising |
| 47 | Vietnam | 1.51 | 2022 | up 2.1% | flat |
| 48 | Iran | 1.5 | 2023 | up 10.8% | falling |
| 49 | Mali | 1.48 | 2021 | up 15.6% | falling |
| 50 | Lithuania | 1.48 | 2023 | up 3.2% | rising |
| 51 | Philippines | 1.46 | 2023 | down 29.9% | falling |
| 52 | Cote d'Ivoire | 1.45 | 2021 | down 33.2% | falling |
| 53 | Laos | 1.43 | 2024 | down 5.6% | rising |
| 54 | Indonesia | 1.42 | 2025 | down 17.2% | rising |
| 55 | Benin | 1.39 | 2021 | down 36.7% | falling |
| 56 | Italy | 1.37 | 2023 | down 2.2% | rising |
| 57 | Portugal | 1.35 | 2023 | down 10.2% | falling |
| 58 | Jordan | 1.35 | 2010 | down 15.2% | falling |
| 59 | Tunisia | 1.35 | 2021 | down 20.5% | falling |
| 60 | Pakistan | 1.35 | 2024 | up 21.2% | falling |
| 61 | Nigeria | 1.35 | 2022 | down 6.9% | falling |
| 62 | Switzerland | 1.34 | 2022 | up 12.1% | falling |
| 63 | Montenegro | 1.34 | 2021 | down 32.7% | falling |
| 64 | Georgia | 1.34 | 2024 | down 17.5% | falling |
| 65 | Latvia | 1.34 | 2023 | down 6.5% | rising |
| 66 | Germany | 1.33 | 2022 | up 15.3% | rising |
| 67 | Australia | 1.33 | 2020 | down 4.3% | rising |
| 68 | Niger | 1.32 | 2021 | up 7.8% | falling |
| 69 | Guinea-Bissau | 1.32 | 2021 | down 59.7% | volatile |
| 70 | Greece | 1.31 | 2023 | down 12.1% | falling |
| 72 | Thailand | 1.31 | 2024 | down 17.3% | falling |
| 73 | Spain | 1.28 | 2023 | down 14.2% | flat |
| 74 | South Korea | 1.27 | 2021 | up 5.5% | rising |
| 75 | North Macedonia | 1.26 | 2019 | down 41.4% | falling |
| 76 | Serbia | 1.26 | 2023 | down 30.0% | falling |
| 77 | United Kingdom | 1.25 | 2021 | down 4.2% | rising |
| 78 | Cyprus | 1.24 | 2023 | down 23.4% | flat |
| 79 | Uzbekistan | 1.23 | 2025 | — | rising |
| 80 | Japan | 1.23 | 2020 | up 4.7% | falling |
| 81 | Taiwan | 1.21 | 2021 | down 6.4% | rising |
| 82 | France | 1.21 | 2023 | down 4.6% | falling |
| 83 | Mauritania | 1.21 | 2019 | down 17.0% | falling |
| 85 | Canada | 1.19 | 2022 | down 9.4% | flat |
| 86 | Mongolia | 1.19 | 2022 | down 11.2% | flat |
| 87 | Austria | 1.18 | 2023 | up 3.1% | rising |
| 88 | Bangladesh | 1.18 | 2022 | down 6.6% | rising |
| 89 | Ethiopia | 1.17 | 2021 | down 11.5% | falling |
| 90 | Hungary | 1.13 | 2017 | up 14.3% | rising |
| 91 | Denmark | 1.13 | 2023 | up 8.9% | rising |
| 92 | Estonia | 1.11 | 2023 | down 20.2% | falling |
| 93 | Bosnia and Herzegovina | 1.11 | 2021 | down 13.8% | falling |
| 94 | Nepal | 1.11 | 2022 | down 14.0% | falling |
| 95 | Croatia | 1.1 | 2023 | down 7.9% | rising |
| 96 | Kazakhstan | 1.09 | 2021 | up 8.3% | falling |
| 97 | Guinea | 1.07 | 2018 | down 39.4% | falling |
| 99 | Egypt | 1.06 | 2021 | down 8.7% | flat |
| 100 | Albania | 1.05 | 2020 | down 5.5% | rising |
| 101 | Romania | 1.05 | 2023 | down 32.4% | rising |
| 102 | Sweden | 1.03 | 2023 | up 2.5% | rising |
| 103 | Poland | 1.02 | 2023 | down 20.9% | rising |
| 104 | Bhutan | 1.02 | 2022 | down 42.0% | falling |
| 105 | Armenia | 0.9963 | 2024 | down 18.3% | falling |
| 106 | Kyrgyzstan | 0.9852 | 2024 | up 2.6% | falling |
| 107 | Azerbaijan | 0.9795 | 2005 | down 30.1% | falling |
| 108 | Finland | 0.968 | 2023 | up 1.3% | rising |
| 109 | Moldova | 0.9549 | 2023 | down 7.5% | falling |
| 110 | Iceland | 0.9491 | 2019 | down 9.6% | falling |
| 111 | Belgium | 0.9453 | 2023 | down 2.0% | flat |
| 112 | Norway | 0.9172 | 2023 | up 1.4% | rising |
| 113 | India | 0.9021 | 2022 | down 16.0% | falling |
| 114 | Syria | 0.8957 | 2022 | down 53.2% | falling |
| 115 | Ukraine | 0.8929 | 2020 | up 4.4% | falling |
| 116 | Netherlands | 0.892 | 2021 | down 9.4% | falling |
| 117 | Czechia | 0.8904 | 2023 | down 5.5% | flat |
| 118 | Slovenia | 0.8387 | 2023 | down 7.5% | falling |
| 119 | Belarus | 0.8347 | 2020 | down 18.7% | falling |
| 120 | Slovakia | 0.7715 | 2023 | down 22.1% | falling |
About this data
The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.