Switzerland falls within EU average for income inequality (2014)

According to the Swiss Federal Statistics Office, the European Survey on Income and Living Conditions (SILC), which has been used to compare income inequality in Switzerland with that other countries since 2008, does not include the “super rich”—i.e., households earning more than several million Swiss francs annually (http://bit.ly/2FDrQeU).

The metric used here to indicate level of income inequality is the Gini index, which ranges between 0 (perfect equality) and 1 (perfect inequality). In other words, the higher the index, the greater the inequality of income distribution.