## Gini index by country in

14 Feb 2012 In between 0 and 100, Gini coefficients are harder to interpret. A Gini coefficient of 50 represents 50 percent concentration in a country's income How does Canada rank against peer countries on income inequality? a Gini coefficient of 0 represents exact equality—that is, every person in the society has 19 Mar 2018 SINGAPORE - After taxes and transfers, some countries have a lower measure of income inequality than Singapore.. Read more at 28 Mar 2018 Gini measures inequality: How large are the income differences within a society. First imagine you line up all people in a country, ordered by 13 Sep 2016 coefficients whereas a much higher Gini coefficient are expected for countries with economically diverse large populations (Wikipedia, n.d.).

## In 1912, Italian sociologist and statistician Corrado Gini developed a means of measuring wealth distribution within societies known as the Gini index or Gini coefficient: its value ranges from 0 (or 0%) to 1 (or 100%), with the former representing perfect equality (wealth distributed evenly) and the latter representing perfect inequality (wealth held in few hands).

This is a list of countries or dependencies by income inequality metrics, including Gini coefficients.The Gini coefficient is a number between 0 and 1, where 0 corresponds with perfect equality (where everyone has the same income) and 1 corresponds with perfect inequality (where one person has all the income—and everyone else has no income). GINI index (World Bank estimate) - Country Ranking. Definition: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. GINI index (World Bank estimate) World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. South Africa is the top country by GINI index in the world. As of 2018, GINI index in South Africa was 57.7 %. The top 5 countries also includes Namibia, Sri Lanka, China, and Zambia. Gini index measures the extent to which the distribution of income or consumption expenditure among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality. Description: The map below shows how GINI index (World Bank estimate) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The Gini coefficient, sometimes called the Gini Index or Gini ratio, is a statistical measure of distribution intended to represent the income or wealth distribution of a nation. The Gini coefficient was developed by Italian statistician Corrado Gini in 1912, and today is the most commonly used measurement of wealth or income inequality.

### 22 Nov 2019 by the Gini index. An intertemporal analysis reveals a slight deterioration of income distribution in the majority of 29 European countries over

Income inequalityGini coefficient, 0 = complete equality; 1 = complete inequality, 2019 or latest available 2019Source: OECD Social Highlighted Countries (0) To benchmark and monitor income inequality and poverty across countries, the on levels and trends in Gini coefficients before and after taxes and transfers, average Gini index across all countries has evolved. In Section 2 I outline the most commonly-used approach, based on national household survey data, and Higher values of the Gini coefficient could indicate to unequal distribution of the acquired income in a given country. High values of the Gini index can indicate to. sectors as well as countries, for example the Gini coefficient for urban areas differs from that of rural areas in many countries (though the United States' urban and It can be used to compare income distributions across different population sectors as well as countries, for example the Gini coefficient for urban areas differs from

### South Africa is the top country by GINI index in the world. As of 2018, GINI index in South Africa was 57.7 %. The top 5 countries also includes Namibia, Sri Lanka, China, and Zambia. Gini index measures the extent to which the distribution of income or consumption expenditure among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots

12 Aug 2015 Inequality is measured with the Gini index (explained below) and Shown is the simple cross-country average of Gini coefficients—as per the

## The Gini coefficient of income measures the inequality of distribution of real household incomes in Germany. The indicator is an established, internationally

Gini Index: The Gini index or Gini coefficient is a statistical measure of distribution developed by the Italian statistician Corrado Gini in 1912. It is often used as a gauge of economic GINI index (World Bank estimate) - Country Ranking. Definition: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution.

16 Oct 2017 Specifically, the Gini coefficient of the U.S. was 40.46 in 2010, very close to the average Gini coefficient of African countries in our sample. The Gini coefficient of income measures the inequality of distribution of real household incomes in Germany. The indicator is an established, internationally 14 Feb 2012 In between 0 and 100, Gini coefficients are harder to interpret. A Gini coefficient of 50 represents 50 percent concentration in a country's income How does Canada rank against peer countries on income inequality? a Gini coefficient of 0 represents exact equality—that is, every person in the society has 19 Mar 2018 SINGAPORE - After taxes and transfers, some countries have a lower measure of income inequality than Singapore.. Read more at