Inequality
Income Inequality
- Example 1: Income Inequality in Singapore
- More than 100000 of DBS Bank's customers decreased income by more than 50%
- Average household income in the bottom 10% of households shrunk by 6.1 per cent (2019 to 2020)
- Example 2: Survey on Inequality by Save the Children International
- Across 37 Countries, 3 in 4 households suffered declining income since the start of the pandemic, with 82% of poorer households affected.
- Example 3: Top 5 billionaires increased wealth by $637 billion
Singapore
- Example 1: Challenges of COVID-19 and how Singapore will progress
- In May 2020, the police said reports related to family violence rose by 22 per cent since the circuit breaker started. On average, the number of family violence reports per month rose by about 10 per cent in 2020.