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Income distribution
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=== South Africa === South Africa is well known for being one of the most unequal societies in the world. The first democratic elections in 1994 were promising in terms of equal opportunities and living standards for South African population, but a few decades later the inequality is still very high. For instance, the top decile’s share of income rose from 47 percent in 1994 to 60 percent in 2008 and 65 percent in 2017. The share of the poorest half of the population fell from 13 percent to 9 percent to 6 percent. <ref>{{cite web |url= https://www.ispionline.it/en/publication/poverty-inequality-and-policy-in-southern-africa-137869|title= Poverty, Inequality and Policy in Southern Africa |last= |first= |date= |website= |publisher= |access-date= |quote=}}</ref> An explanation for this trend is that South Africa governs a dual economy splitting the country into two different section. One section is built around an advanced capitalist economy while the other one is highly underdeveloped and mostly filled by black South Africans, which further leads to racial division of local population. As a result, on average a black South African earns three times less than a white South African. <ref>{{cite web |url= https://www.timeslive.co.za/news/south-africa/2019-11-18-whites-earn-three-times-more-than-black-people-stats-sa/|title= Whites earn three times more than blacks: Stats SA |last= |first= |date= |website= |publisher= |access-date= |quote=}}</ref> * Post-tax '''Gini''' coefficient: 0.62. * '''Unemployment''' rate: 27.3%. * '''GDP''' per capita: $12 287. * '''Poverty''' rate: 26.6%. The highest income inequality is in South Africa, based on 2019 data.<ref name=":0" />
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