Income Inequality In Sweden
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Income Inequality In Sweden
Sweden enjoys a relatively low income inequality and a high standard of living. Unemployment was estimated to be 6.6% by the CIA World Fact Book, lower than in other European Union countries. The Nordic model of a social welfare society exemplified by Sweden and its near neighbours has often been considered a European success story compared internationally with the socioeconomic structures of other developed industrial nations. This model of state provided social welfare includes many unemployment benefits for the poor, and amply funded health, housing and social security provision. within essentially corruption free nations subscribing to principles of a measure of openness of information about government activity. The Income inequality in Sweden ranks low in the Gini coefficient, being 25.2 as of 2015 which is one of the lowest in the world, and ranking similarly to the other Nordic countries; although inequality has recently been on the rise and several central Europea ...
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Sweden
Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, Finland to the east, and is connected to Denmark in the southwest by a bridgetunnel across the Öresund. At , Sweden is the largest Nordic country, the third-largest country in the European Union, and the fifth-largest country in Europe. The capital and largest city is Stockholm. Sweden has a total population of 10.5 million, and a low population density of , with around 87% of Swedes residing in urban areas in the central and southern half of the country. Sweden has a nature dominated by forests and a large amount of lakes, including some of the largest in Europe. Many long rivers run from the Scandes range through the landscape, primarily ...
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Business Insider
''Insider'', previously named ''Business Insider'' (''BI''), is an American financial and business news website founded in 2007. Since 2015, a majority stake in ''Business Insider''s parent company Insider Inc. has been owned by the German publishing house Axel Springer. It operates several international editions, including one in the United Kingdom. ''Insider'' publishes original reporting and aggregates material from other outlets. , it maintained a liberal policy on the use of anonymous sources. It has also published native advertising and granted sponsors editorial control of its content. The outlet has been nominated for several awards, but is criticized for using factually incorrect clickbait headlines to attract viewership. In 2015, Axel Springer SE acquired 88 percent of the stake in Insider Inc. for $343 million (€306 million), implying a total valuation of $442 million. In February 2021, the brand was renamed simply ''Insider''. History ''Busi ...
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List Of Countries By Income Equality
A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union club Other uses * Angle of list, the leaning to either port or starboard of a ship * List (information), an ordered collection of pieces of information ** List (abstract data type), a method to organize data in computer science * List on Sylt, previously called List, the northernmost village in Germany, on the island of Sylt * ''List'', an alternative term for ''roll'' in flight dynamics * To ''list'' a building, etc., in the UK it means to designate it a listed building that may not be altered without permission * Lists (jousting), the barriers used to designate the tournament area where medieval knights jousted * ''The Book of Lists'', an American series of books with unusual lists See also * The List (other) * Listing (di ...
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Economy Of Sweden
The economy of Sweden is a highly developed export-oriented economy, aided by timber, hydropower, and iron ore. These constitute the resource base of an economy oriented toward foreign trade. The main industries include motor vehicles, telecommunications, pharmaceuticals, industrial machines, precision equipment, chemical goods, home goods and appliances, forestry, iron, and steel. Traditionally, Sweden relied on a modern agricultural economy that employed over half the domestic workforce. Today Sweden further develops engineering, mine, steel, and pulp industries, which are competitive internationally, as evidenced by companies like Ericsson, ASEA/ABB, SKF, Alfa Laval, AGA, and Dyno Nobel. Sweden is a competitive open mixed economy. The vast majority of Swedish enterprises are privately owned and market-oriented. There is also a strong welfare state, with public-sector spending accounting up to three-fifths of GDP. In 2014, the percent of national wealth owned by the government w ...
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Turks In Sweden
Turks in Sweden or Swedish Turks ( sv, Turkar i Sverige; tr, ) are people of ethnic Turkish origin living in Sweden. The majority of Swedish Turks descend from the Republic of Turkey; however there has also been significant Turkish migration waves from other post- Ottoman countries including ethnic Turkish communities which have come to Sweden from the Balkans (e.g. from Bulgaria, Greece, Kosovo, North Macedonia and Romania), the island of Cyprus, and more recently Iraq and Syria. In 2009 the Swedish Minister for Foreign Affairs estimated that there was 100,000 people in Sweden with a Turkish background, and a further 10,000 Swedish-Turks living in Turkey. Many Turks in Sweden have double citizenship and 37,000 are registered voters in Turkey. History The first Turks came to Sweden in the early 18th century from the Ottoman Empire, whilst the second wave came in the 1960s from modern post-Ottoman nation states, especially from Turkey but also from the Balkans (mainly Bulg ...
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Immigration To Sweden
Immigration to Sweden is the process by which people human migration, migrate to Sweden to reside in the country. Many, but not all, become Swedish nationality law, Swedish citizens. The economic, social, and political aspects of immigration have caused some controversy regarding ethnicity, economic benefits, jobs for non-immigrants, settlement patterns, impact on upward social mobility, violence, and voting behaviour. Sweden had very few immigrants in 1900 when the nationwide population totaled 5,100,814 inhabitants, of whom 35,627 individuals were foreign-born (0.7%). 21,496 of those foreign-born residents were from other Nordic countries, 8,531 people were from other European countries, 5,254 from North America, 90 from South America, 87 from Asia, 79 from Africa, and 59 from Oceania. , 1.33 million people or 14.3% of the inhabitants of Sweden were foreign-born. Of these individuals, 859,000 (64.6%) were born outside the European Union and 477,000 (35.4%) were born in anoth ...
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Immigrants To Sweden
Immigration to Sweden is the process by which people migrate to Sweden to reside in the country. Many, but not all, become Swedish citizens. The economic, social, and political aspects of immigration have caused some controversy regarding ethnicity, economic benefits, jobs for non-immigrants, settlement patterns, impact on upward social mobility, violence, and voting behaviour. Sweden had very few immigrants in 1900 when the nationwide population totaled 5,100,814 inhabitants, of whom 35,627 individuals were foreign-born (0.7%). 21,496 of those foreign-born residents were from other Nordic countries, 8,531 people were from other European countries, 5,254 from North America, 90 from South America, 87 from Asia, 79 from Africa, and 59 from Oceania. , 1.33 million people or 14.3% of the inhabitants of Sweden were foreign-born. Of these individuals, 859,000 (64.6%) were born outside the European Union and 477,000 (35.4%) were born in another EU member state.
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List Of Sovereign States By Wealth Inequality
This is a list of countries by distribution of wealth, including Gini coefficients. Wealth distribution can vary greatly from income distribution in a country (see List of countries by income equality). Higher Gini coefficients signify greater inequality in wealth distribution, with 0 being complete equality, whereas a value near 1 can arise in a situation where everybody has zero wealth except a very small minority. It is also important to note, however, that Wealth Inequality measurements can greatly vary based on the quality of data presented. Countries that have high-quality wealth taxes and honest reporting from financial institutions, such as the Netherlands and Norway, tend to have more reliable wealth inequality statistics. List The table below is for 2018. The GDP data is based on data from the World Bank. The population data is based on data from the UN. The Wealth Gini coefficients from 2008 are based on a ''working paper'' published by the National Bureau of Economi ...
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Wealth Inequality
The distribution of wealth is a comparison of the wealth of various members or groups in a society. It shows one aspect of economic inequality or economic heterogeneity. The distribution of wealth differs from the income distribution in that it looks at the economic distribution of ownership of the assets in a society, rather than the current income of members of that society. According to the International Association for Research in Income and Wealth, "the world distribution of wealth is much more unequal than that of income." For rankings regarding wealth, see list of countries by wealth equality or list of countries by wealth per adult. Definition of wealth Wealth of an individual is defined as net worth, expressed as: wealth = assets − liabilities A broader definition of wealth, which is rarely used in the measurement of wealth inequality, also includes human capital. For example, the United Nations definition of '' inclusive wealth'' is a monetary measure which ...
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Income Inequality
There are wide varieties of economic inequality, most notably income inequality measured using the distribution of income (the amount of money people are paid) and wealth inequality measured using the distribution of wealth (the amount of wealth people own). Besides economic inequality between countries or states, there are important types of economic inequality between different groups of people. Important types of economic measurements focus on wealth, income, and consumption. There are many methods for measuring economic inequality, the Gini coefficient being a widely used one. Another type of measure is the Inequality-adjusted Human Development Index, which is a statistic composite index that takes inequality into account. Important concepts of equality include equity, equality of outcome, and equality of opportunity. Whereas globalization has reduced global inequality (between nations), it has increased inequality within nations. Income inequality between nations peak ...
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Taxation In Sweden
Taxation in Sweden on salaries for an employee involves contributing to three different levels of government: the municipality, the county council, and the central government. Social security contributions are paid to finance the social security system. Income tax on salaries is deducted by the employer (a PAYE system) and paid directly by the employer to the Swedish Tax Agency (''Skatteverket''). The effective taxation rate in Sweden is commonly cited as among the highest in the world; see list of countries by tax rates. Sweden has a taxation system for income from work that combines an income tax (paid by the employee) with social security contributions (employers contributions) that are paid by the employer. The total salary cost for the employer is thereby the gross salary plus the payroll tax. The employer makes monthly preliminary deductions (PAYE) for income tax and also pays the payroll tax to the Swedish Tax Agency. The income tax is contingent on the person being tax ...
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Nordic Countries
The Nordic countries (also known as the Nordics or ''Norden''; literal translation, lit. 'the North') are a geographical and cultural region in Northern Europe and the Atlantic Ocean, North Atlantic. It includes the sovereign states of Denmark, Finland, Iceland, Norway and Sweden; the autonomous administrative division, autonomous territories of the Faroe Islands and Greenland; and the autonomous region of Åland. The Nordic countries have much in common in their way of life, History of Scandinavia, history, religion and Nordic model, social structure. They have a long history of political unions and other close relations but do not form a singular entity today. The Scandinavism, Scandinavist movement sought to unite Denmark, Norway and Sweden into one country in the 19th century. With the dissolution of the union between Norway and Sweden (Norwegian independence), the independence of Finland in the early 20th century and the 1944 Icelandic constitutional referendum, this move ...
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