Looking at all Organisation for Economic Co-operation and Development (OECD) countries and emerging economies such as China or Russia, the report concluded that inequality and poverty increased with the financial and economic crisis.

The report, with was unveiled in Paris, said that between 2011 and 2012, Portugal saw a reduction in the Gini coefficient which measures income inequality (0 for countries with income equality and 1 for those with the greatest difference).

Portugal comes ninth in the ranking of most unequal countries out of the 34 the OECD measured, above the average of 0.315.

The wealthiest 10% of the Portuguese population holds 25.9% of all the wealth, while the poorest 10% have just 2.6%.