OECD report

Income gap grows fastest in Sweden

5:55 min

The gap between rich and poor has grown the fastest in Sweden in the last decade, compared to any other country of the 34-nation group, the OECD, according to the new report from the organization.

While relative poverty is growing fastest in Sweden, overall living standards have risen and the wealthiest Swedes are better off today than ten years ago.

“The richest tenth have gained much more than everyone else,” Hans Heggemann at Statistics Sweden told Svenska Dagbladet newspaper.

The Organisation for Economic Co-operation and Development is a grouping of industrial nations which includes most of Europe, the US, Mexico, Chile and Japan.

Tapio Salonen, a professor of social work in the health and society department at Malmö Högskolan, tells Radio Sweden that Swden's cradle to the grave system of welfare has worsened in recent years.

"Sweden has been exceptional before but now we are mainstream as far as income inequality is concerned. The safety net for those in need has been worsening for the last 5 to 7 years."