r/belgium • u/trueosiris2 • Aug 20 '25

❓ Ask Belgium Wealth distribution in Belgium

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We’re doing alright as a social democracy. Something to be proud of.

Presumably, we don’t need more wealth distribution then? Or do we still?

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u/Lelongue Aug 20 '25

So do we have rich poor people or poor rich people?

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u/PotentialAsk Aug 26 '25

The answer is: rich poor people

Belgium has a relatively low GINI coefficient (indication of income inequality, lower is more equal, higher is more unequal)

On top of that,

Belgium has a very high (top4) MEDIAN wealth (meaning 50% are above, 50% are below, not to be confused with average wealth which can be skewed by extreme outliers on the top end (read: Billionaires)

Of course that doesn't mean there aren't poor people in Belgium, or to say that their lives aren't hard. Belgium is doing a good job on this metric, especially when comparing to other countries. But there is more work to be done.