Despite being a socially democratic country, Sweden ranks fifth overall as for ‘wealth inequality’. Wealth distribution in a country is measured by the Gini coefficient: in this index, scores closer to zero indicate more equal wealth distribution, while a score of 100 indicates that one individual holds all the wealth. Sweden scores 75, just as the USA: the Scandinavian country has one of the highest billionaires per capita, at one per 250,000 people. By comparison, the U.S. has roughly one per 500,000 people. This concentration of wealth in Sweden is driven by the thriving tech sector, which has produced over 40 unicorn companies, such as Spotify and Skype, over the last two decades. South Africa ranks in first position, with 82, while Finland is 15th (64) and Denmark 18th (61).
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