Gini rate by country

The Gini coefficient is a number between 0 and 1, where 0 corresponds with perfect equality (where  Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. For more information and  The more unequal a country's income distribution, the higher its Gini index, e.g., a Sub-Saharan country with an index of 50. If income were distributed with perfect 

A map showing Gini coefficients by country for 2017. In economics, the Gini coefficient (/ ˈ dʒ iː n i / JEE-nee), sometimes called the Gini index or Gini ratio, is a measure of statistical dispersion intended to represent the income or wealth distribution of a nation's residents, and is the most commonly used measurement of inequality.It was developed by the Italian statistician and 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. The description is composed by our digital data assistant. 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. The Gini coefficient ranges from 0 (0%) to 1 (100%), with 0 representing perfect equality and 1 representing perfect inequality. A higher Gini coefficient means greater inequality. 3 of the top 4 countries by inequality > GINI index are Sparsely populated. 11 of the top 16 countries by inequality > GINI index are Latin American and Caribbean. 8 of the top 15 countries by inequality > GINI index are Catholic. Brazil has ranked in the top 3 for inequality > GINI index since 1996.

24 Nov 2017 Keywords: income inequality, Gini coefficient, happiness, curvilinear Country- level control variables included year of data collection and per 

Distribution of family income - Gini index 2017 country comparisons, country rankings, By Rank. 13 Sep 2016 coefficients whereas a much higher Gini coefficient are expected for countries with economically diverse large populations (Wikipedia, n.d.). 9 Jun 2010 However, compared to statistics like the unemployment rate or the offers a short guide to the Gini coeffi cient and shows which countries. 24 Nov 2017 Keywords: income inequality, Gini coefficient, happiness, curvilinear Country- level control variables included year of data collection and per  Gini: Gini index, a quantified representation of a nation's Lorenz curve. A Gini index of 0% expresses perfect equality, while index of 100% expresses maximal inequality. A Gini index of 0% expresses perfect equality, while index of 100% expresses maximal inequality.

GINI index (World Bank estimate) - Country Ranking. Definition: Gini index measures the extent to which the distribution of income (or, in some cases, 

Please note that the Gini coefficient is not an absolute measure of a country's income or wealth. The coefficient only measures the dispersion of income or wealth  rates while developed countries should increase. Key Words: Income Distribution , Gini Coefficient, Economic Growth Rate,. Inequality-Growth Curve, Kuznets  26, Number of countries, Region, Inequality increase >2 Gini coefficient 28, Income group, Country, Average Growth Rate of Real GDP per capita, 1985- 2015  19 Mar 2018 It was reported last month that Singapore's Gini coefficient rose slightly to 0.459 last year, up slightly from 0.458 in 2016, which was the lowest  10 Feb 2020 While the countries are ranked based on the net income Gini index, we have also included a few other statistics for each country on the list: the 

However, as Deininger and Squire have themselves pointed out, the observations are rarely comparable across countries or over time within a single country. Two 

26 Apr 2017 Gini index for income inequality ranges from zero (absolute equality) to 100. 24. 30. 40. 50. Income inequalityGini coefficient, 0 = complete equality; 1 = complete inequality, 2019 or latest available 2019Source: OECD Social Highlighted Countries (0) 

NOTE: The information regarding Distribution of family income - Gini index on this page is re-published from the CIA World Factbook 2019. No claims are made regarding the accuracy of Distribution of family income - Gini index information contained here.

Global Gini index (Distribution of family income) ranking by country. All data from the CIA World Factbook. Last updated Jan 25, 2010. respective countries' economic progress not by published. GDP growth statistics by the wealth Gini index), increasing income inequality and low growth have  7 Apr 2015 We find that the Gini coefficient of global inequality declined from 69 in 2003 to 65 in 2013, and we project that it will decline further to 61 in 2035,  9 Oct 2012 For comparison's sake, the Gini coefficient for Sweden, the world's most-equal country, is .230. Denmark's is .248, Germany's is .270 and  The Gini Index is a measure of a country's income inequality. Background. Corrado Gini developed the Gini Coefficient in his 1912 paper "Variability and Mutability 

6 Oct 2011 Gini coefficient measures inequality, with 0 expressing total equality and 100 maximal inequality. Source: CIA (2007). #38 Bulgaria, GINI 45.3. [Country name]]. Some country details here. Cancel Apply. Countries; Year; Indicators. Overview. Gini Coefficient. Top 20% vs. bottom 20%. Relative Income   Poor countries (those with low per-capita GDP) have Gini coefficients that fall over the whole range from low (0.25) to high (0.71), while rich countries have. The Gini coefficient of each country was calculated as the simple average number of countries with available data on the Gini coefficient in each subregion is  This applies worldwide. In some countries this may not be legally possible; if so: I grant anyone the right to use this work for any purpose, without any