Chile, Mexico, U.S. Have Highest Inequality Rates, OECD Says
A man sits for a shoe shine in Santiago, Chile.
Photographer: Luis Enrique Ascui/BloombergThis article is for subscribers only.
Chile, Mexico and the U.S. are the developed countries with the highest rates of inequality, the Organization for Economic Cooperation and Development said in a report.
The OECD uses the Gini coefficient, a measure of household income to measure wealth distribution. Its value is zero in a country where everybody has the same income and 1 in a country where one person has all the income.