The United Arab Emirates ranks first in the world in terms of per capita income.

The United Arab Emirates ranks first in the world in terms of wealth inequality among its population, according to Zamin.uz.

This was reported in the Global Wealth Report 2026 annual report prepared by Swiss bank UBS. In the ranking, Russia took second place with the same indicator as the UAE.

What does the Gini coefficient indicate? The study used the Gini coefficient, which shows how equally or unequally wealth is distributed among a country’s population.

The higher the value, the larger the share of wealth concentrated in the hands of a small group of people. Here we are talking not about wages or daily income, but about the following types of wealth: real estate, investments, bank deposits, stocks, and other assets.

Which countries have the highest indicator? As of the end of 2025, the countries with the highest level of property inequality are: First place – United Arab Emirates, Gini coefficient 0.82.

Second place – Russia, Gini coefficient 0.82. Third place – Republic of South Africa, Gini coefficient 0.81.

Fourth place – Brazil, Gini coefficient 0.81. Fifth place – Saudi Arabia, Gini coefficient 0.78.

Sixth place – United States, Gini coefficient 0.77. Seventh place – Sweden, Gini coefficient 0.74.

Eighth place – India, Gini coefficient 0.74. Ninth place – Turkey, Gini coefficient 0.73.

Tenth place – Mexico, Gini coefficient 0.72. Why is the UAE first?

The report’s authors explained the UAE’s high indicator by the large number of wealthy residents in the country. At the same time, the share of labor migrants with relatively low wealth is also high.

As a result, the bulk of wealth remains concentrated in the hands of a limited group of people. UBS bank’s report analyzed a total of 56 markets, and Uzbekistan was not included in the ranking.

However, the ranking on wealth inequality did not include data for Uzbekistan. Experts emphasize that this ranking should not be confused with income inequality, as income and wealth inequality are not the same.

Income inequality compares people’s wages and other earnings, while wealth inequality takes into account their real estate, investments, savings, and other assets. Therefore, these two indicators are calculated differently and cannot be substituted for one another.