The top 1 percent swallow almost a tenth of all income

Increasing every year since 2009
When the first report of its kind appeared in 1995, the top 1 percent accounted for 5.8 percent of all income—a figure that rose to 6.5 percent in 2009.

Since then it has increased every year.

On average, the top 1 percent collect DKK 4.1 million before tax each year. To be considered in the top 1 percent, you must earn at least DKK 1.9 million annually.

Meanwhile, to be part of the richest 10 percent in Denmark, you need to earn at least DKK 812,300 per year, while at least DKK 290,900 is required to be in the top half.

Earning less than DKK 95,800 means being in the bottom 20 percent.

See the full report here.

Source: The Nordic Page





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