Elephant group

The Elephant Curve, also known as the Lakner-Milanovic graph or the global growth incidence curve, is a graph that illustrates the unequal distribution of income growth for individuals belonging to different income groups. The original graph was published in 2013 and illustrates the change in income growth that occurred from 1988 to 2008. The x axis of the graph shows the percentiles of the global income distribution. The y axis shows the cumulative growth rate percentage of income. The main conclusion that can be drawn from the graph is that the global top 1% experienced around a 60% increase in income, whereas the income of the global middle increased 70 to 80%.