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Faroe Islands often called the world’s most equal society – but is it true?

The Faroe Islands is frequently described as the world’s most equal society, a claim repeated by both politicians and residents. But how accurate is this perception? The issue was examined in Thursday’s episode of Breddan, a current affairs programme by Faroese national broadcaster Kringvarp Føroya.

While the islands lack a visible upper class—where lawyers and bank managers might be encountered in everyday settings like grocery shopping—official reports reveal persistent inequalities. Some children still lack basic necessities such as food, toothpaste, and heating. Income statistics suggest relative equality in earnings, but less is known about wealth distribution and living costs.

Despite visible economic growth, recent national accounts indicate that much of the increased value has concentrated in few hands. High housing prices have also exacerbated disparities, according to economists. The programme explored these inequalities and what they reveal about the true state of Faroese society.

Later in the broadcast, a political debate was scheduled.

Source 
(via KVF)