As of 2021, the countries in Europe with the greatest share of national wealth taken by the top 10 percent of wealthy people were Russia, Turkey, and Hungary, with over two-thirds of wealth in Russia being owned by the wealthiest decile. On the other hand, the Netherlands, Slovakia, and Denmark were the countries with the smallest share of national wealth going to the top 10 percent, with more than half of wealth in the Netherlands going to the bottom 90 percent. Ireland, Poland, and Greece stand out, as in these countries the 50 percent of people who own the least wealth in fact have negative net wealth, meaning that the value of their debt is greater than the value of their gross wealth.
Distribution of wealth amongst different percentiles in Europe in 2021, by country
Characteristic
Top 1%
Top1-10%
Top 10-50%
Bottom 50%
Russia
47.64%
26.43%
22.8%
3.13%
Turkey
37.12%
30.83%
28.86%
3.19%
Hungary
33.46%
33.8%
28.84%
3.9%
Estonia
32.69%
33.73%
32.3%
1.28%
Cyprus
32.13%
34.25%
29.51%
4.11%
Ireland
23.05%
42.97%
33.98%
-3.38%
Switzerland
31.16%
31.5%
33.61%
3.73%
Austria
30.61%
31.24%
35.04%
3.11%
Poland
30.22%
31.56%
38.22%
-0.73%
Greece
23.92%
36.82%
39.26%
-1.84%
Portugal
25.76%
34.93%
35.79%
3.52%
Latvia
28.54%
32.03%
33.49%
5.94%
Georgia
28.46%
31.33%
35.54%
4.67%
-25%0%25%50%75%100%125%
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World Inequality Lab. (October 4, 2023). Distribution of wealth amongst different percentiles in Europe in 2021, by country [Graph]. In Statista. Retrieved April 13, 2025, from https://www.statista.com/statistics/1416753/inequality-in-europe-wealth-distribution-by-country/
World Inequality Lab. "Distribution of wealth amongst different percentiles in Europe in 2021, by country." Chart. October 4, 2023. Statista. Accessed April 13, 2025. https://www.statista.com/statistics/1416753/inequality-in-europe-wealth-distribution-by-country/
World Inequality Lab. (2023). Distribution of wealth amongst different percentiles in Europe in 2021, by country. Statista. Statista Inc.. Accessed: April 13, 2025. https://www.statista.com/statistics/1416753/inequality-in-europe-wealth-distribution-by-country/
World Inequality Lab. "Distribution of Wealth amongst Different Percentiles in Europe in 2021, by Country." Statista, Statista Inc., 4 Oct 2023, https://www.statista.com/statistics/1416753/inequality-in-europe-wealth-distribution-by-country/
World Inequality Lab, Distribution of wealth amongst different percentiles in Europe in 2021, by country Statista, https://www.statista.com/statistics/1416753/inequality-in-europe-wealth-distribution-by-country/ (last visited April 13, 2025)
Distribution of wealth amongst different percentiles in Europe in 2021, by country [Graph], World Inequality Lab, October 4, 2023. [Online]. Available: https://www.statista.com/statistics/1416753/inequality-in-europe-wealth-distribution-by-country/
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