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Mind the Gap: Perceived Economic Inequality and the Well-Being Gap around the Globe

  • Ángel Sánchez-Rodríguez
  • , Maciej R. Górski
  • , Mohsen Joshanloo
  • , Kuba Krys
  • , Morten Tønnessen
  • , Liman Man Wai Li
  • , Plamen Akaliyski
  • , Brian W. Haas
  • , M. Azhar Hussain
  • , Farida Guemaz
  • , Mahmoud Boussena
  • , Nuha Iter
  • , Olha Vlasenko
  • , Vivian Miu Chi Lun
  • , Vivian L. Vignoles
  • , Nur Amali Aminnuddin
  • , İdil Işık
  • , Laina Ngom-Dieng
  • , Márta Fülöp
  • , David Igbokwe
  • Mladen Adamovic, Ragna Benedikta Garðarsdóttir, Natalia Soboleva, Julien Teyssier, Fumiko Kano Glückstad, Joonha Park, John Zelenski, Victoria Wai Lan Yeung, June Chun Yeung, Eric Kenson Yau, Jae Won Yang, Belkacem Yakhlef, Cai Xing, Arkadiusz Wasiel, Christin Melanie Vauclair, Wijnand van Tilburg, Vladimir Turjačanin, Kiếu Thi Thanh Trà, Claudio Torres, Chien Ru Sun, Boris Sokolov, Rosita Sobhie, David Sirlopú, Heyla Selim, Ana Maria Rocha, Muhammad Rizwan, Iva Poláčková Šolcová, Zoran Pavlović, Ewa Palikot, Mateusz Olechowski, Ayu Okvitawanli, Danielle Ochoa, Kaeolina Nowak, Martin Nader, Katarzyna Myślińska-Szarek, Elke Murdock, Oriana Mosca, Magdalena Mosanya, Fatma Mokadem, Linda Mohammed, Arina Malyonova, Alexander Malyonov, Hannah Lee, Mary Anne Lauri, Nicole Kronberger, Agata Kocimska-Bortnowska, Maria Kluzowicz, Natalia Kascakova, Mostak Ahamed Imran, Eric Raymond Igou, Katharina Henk, Rafail Hasanov, Biljana Gjoneska, Alin Gavreliuc, Magdalena Garvanova, Vladimer Gamsakhurdia, Agustin Espinosa, Alejandra Domínguez Espinosa, Jule Deltour, Vlad Costin, Aidos Bolatov, Arno Baltin, Rasmata Bakyono-Nabaloum, Resham Asif, Lily Appoh, Petra Anić, Laura Andrade, Anna Almakaeva, Marwan Al-Zoubi, Grace Akello, Michael Harris Bond
  • Universidad de Salamanca
  • Polish Academy of Sciences
  • University of Warsaw
  • Keimyung University
  • University of Stavanger
  • The Education University of Hong Kong
  • Lingnan University
  • University of Georgia
  • University of Sharjah
  • Roskilde University
  • Mohamed Lamine Dabbaghine University of Setif 2
  • Palestine Technical University, Kadoorie
  • Osnabrück University
  • University of Sussex
  • Universiti Brunei Darussalam
  • Bahcesehir University
  • Université Cheikh Anta Diop de Dakar
  • Károli Gáspár University of the Reformed Church Budapest
  • Research Centre for Natural Sciences
  • Baze University
  • King's College London
  • University of Iceland
  • Higher School of Economics
  • Université Toulouse II
  • Copenhagen Business School
  • Kyoto University
  • Carleton University
  • The Catholic University of Korea
  • École Normale Supérieure of Constantine
  • Renmin University of China
  • University Institute of Lisbon
  • University of Essex
  • University of Banja Luka
  • Ho Chi Minh City University of Education
  • Universidade de Brasília
  • National Chengchi University
  • Anton de Kom University of Suriname
  • Universidad San Sebastián
  • King Saud University
  • Catholic University of Angola
  • National University of Medical Sciences
  • Czech Academy of Sciences
  • University of Belgrade
  • Universitas Sebelas Maret
  • University of the Philippines
  • Universidad ICESI
  • SWPS University of Social Sciences and Humanities
  • University of Luxembourg
  • University of Cagliari
  • University of Trinidad and Tobago
  • Omsk State University
  • Indiana University Northwest
  • University of Malta
  • Johannes Kepler University Linz
  • Palacký University Olomouc
  • Psychiatric Clinic Pro Mente Sana
  • BRAC University
  • University of Koblenz
  • Baku State University
  • Macedonian Academy of Sciences and Arts
  • West University of Timisoara
  • University of Library Studies and Information Technologies
  • Ivane Javakhishvili Tbilisi State University
  • Pontificia Universidad Católica del Perú
  • Universidad Iberoamericana (UIA)
  • Astana Medical University
  • Tallinn University
  • Université Joseph Ki-Zerbo
  • Jamia Millia Islamia
  • Nord University
  • University of Rijeka
  • University of Jordan
  • Gulu University
  • Hong Kong Polytechnic University

Research output: Contribution to journalArticlepeer-review

Abstract

The link between economic inequality and individual well-being has been gaining increasing research attention. This study examines this relationship using data from 71 countries with diverse national incomes, addressing three key research gaps: (1) incorporating measures of both perceived and objective economic inequality, (2) extending analysis to multiple components of well-being beyond happiness, including meaning in life, harmony, and spirituality, and (3) assessing levels of both current and ideal well-being. Findings reveal that perceived economic inequality predicts personal well-being more strongly than objective inequality. In addition, perceived inequality is associated with a wider gap between current and ideal levels of happiness, meaning, harmony, and spirituality, although national income moderates the effects of meaning, harmony, and spirituality. We discuss the implications of these results, highlighting the need for more culturally sensitive studies on perceived economic inequality and well-being.

Original languageEnglish
Article number19485506251345937
Pages (from-to)383-399
Number of pages17
JournalSocial Psychological and Personality Science
Volume17
Issue number3
DOIs
Publication statusPublished - Apr 2026

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 1 - No Poverty
    SDG 1 No Poverty
  2. SDG 10 - Reduced Inequalities
    SDG 10 Reduced Inequalities

Keywords

  • components of well-being
  • happiness
  • harmony
  • meaning
  • national income
  • perceived economic inequality
  • spirituality

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