Based on the Gini coefficient, wealth is most unequally distributed in Europe in Sweden. In Estonia, the coefficient is higher than average, but has decreased in recent years, indicating that wealth inequality is decreasing. An analysis completed this year by Switzerland's largest bank, UBS, uses the Gini coefficient to describe the extent of wealth inequality in Europe as of 2024. In addition to Sweden, wealth inequality is also high in Cyprus, Czechia and Latvia. There is generally no consensus in scientific literature on whether wealth inequality inhibits economic development.