The top 1% of the population in India holds 40% of the wealth, making the country one of the most unequal in the world, according to the 2026 World Inequality Report, released on Wednesday.

Inequality in India has shown little movement in recent years, said the findings of the study published by the World Inequality Lab.

The richest 10% were holding about 65% of the total wealth, the report said.

In terms of income inequality, the top 10% of earners hold about 58% of national income, it said. The bottom 50% receive only 15%.

The income gap between the top 10% and the bottom 50% remained stable between 2014 and 2024, according to the report.

The average annual income was about 6,200 euros per capita on a purchasing power parity basis.

Purchasing power parity is an economic tool that

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