Half of Poland has more debts than assets
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The increase in income inequality in Poland, which we have experienced since the 1990s, is, according to economists from the Paris School of Economics, "spectacular" and resembles the dynamics of stratification occurring, for example, in Russia, according to the World Inequality Report 2022.
If we take into account only the income, the 10 percent of the richest Poles receive over 38 percent of the value of all salaries and benefits paid during the year. So over a third of all salaries go into their pockets. It is worth noting, however, that the analyzed amount of income does not include the deducted taxes.
Property inequalities are even greater than income inequalities. The wealth of one-tenth of the richest Poles is responsible for 60 percent of the value of all the assets we all own. 10 percent of the richest Poles have assets (including real estate) worth PLN 791,000. The situation is worse when it comes to the less wealthy half of Poles - i.e. the bottom 50 percent. The average wealth in this group is minus €700 (in terms of purchasing power parity). This means that half of Poland has more debts than assets.
A similar situation occurs only in four other countries included in the report – Brazil, Chile, Mexico, and South Africa.