Ielts Academic Writing Task 1 bar graph The given bar graph elucidates and compares the concentration of global wealth and population

The Chart below gives information about global population percentages and distribution of wealth by region.

Summarize the information by selecting and reporting the main features, make comparisons where relevant.

Write at least 150 words

The given bar graph elucidates and compares the concentration of global wealth and population in different regions and countries of the world. 

Quite strikingly, the regions, like North America, Europe and Rich Asia Pacific, that hold most wealth have negligible population, while regions like China, Other Asia Pacific, India, Africa and Latin America and Carribean have higher ratio of populations but least wealth. 

North America is the most affluent region with almost 34% of global financial resources, followed by Europe, 30% and Rich Asia Pacific, 24%, whereas the percentage of global populace in these regions is negligible, around 5%, except Europe which houses 15% inhabitants of the world. 

However, other parts of the world have a higher population ratio in contrast to the insignificant amount of wealth. China has 27% of global populace, followed by Other Asic pacific and India with nearly 17% each, Africa, 10% and Latin America and Carribean, 7% approximately. But, the amount of monetary resources in each of these regions is below 5%.