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The phrase "economic divide" is correct and usable in written English.
You can use it to refer to the gap between people with different levels of income and access to resources. For example, "The economic divide is growing in many parts of the world, leading to greater levels of inequality and poverty."
Exact(57)
I became friends with people across the economic divide.
"There is still the economic divide," she said.
Those wells are mostly on one side of a sharp political and economic divide.
We were making a strong choice by using these two guys as a vehicle for exploring the economic divide.
But at the same time, the economic divide between the top and the bottom is becoming both wider and deeper.
The economic divide between the richer north and the poorer south and east remained a source of great concern.
Among Cubans of all races, there is growing concern about a widening economic divide that is also racial.
As inflation has set in, the economic divide has heightened the cultural divide, Mr. Abdallah and others say.
Similar(3)
And there's also the Android vs iOS socio-economic divide.
Just as pervasive is the socio-economic divide.
We're trying to look civil rights and socio-economic divide in the eye.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com