Gini index countries ranking
The index is the ratio of (a) the area between a country's Lorenz curve and the 45 degree helping line to (b) the entire triangular area under the 45 degree line. The more nearly equal a country's income distribution, the closer its Lorenz curve to the 45 degree line and the lower its Gini index, e.g., a Scandinavian country with an index of 25. 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. A Lorenz curve plots the cumulative percentages of total income received 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. NOTE: The information regarding Distribution of family income - Gini index on this page is re-published from the CIA World Factbook 2018. No claims are made regarding the accuracy of Distribution of family income - Gini index information contained here.
13 Jun 2019 - of the 218 countries and territories listed by the World Bank only 149 have reported Gini coefficients in the ten years from 2009 to 2018. Many
The US and China fell in the middle of the list. The World Bank's estimate of the Gini Index for the US was 41.1, and China at 42.1, both slightly higher than the average among all countries of 38.8. Here are the ten most unequal countries in the World Bank's data set, The index is the ratio of (a) the area between a country's Lorenz curve and the 45 degree helping line to (b) the entire triangular area under the 45 degree line. The more nearly equal a country's income distribution, the closer its Lorenz curve to the 45 degree line and the lower its Gini index, e.g., a Scandinavian country with an index of 25. 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. A Lorenz curve plots the cumulative percentages of total income received 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. NOTE: The information regarding Distribution of family income - Gini index on this page is re-published from the CIA World Factbook 2018. No claims are made regarding the accuracy of Distribution of family income - Gini index information contained here. The US and China fell in the middle of the list. The World Bank's estimate of the Gini Index for the US was 41.1, and China at 42.1, both slightly higher than the average among all countries of 38.8. Here are the ten most unequal countries in the World Bank's data set,
The more unequal a country's income distribution, the higher its Gini index, e.g., Rank, Country, DISTRIBUTION OF FAMILY INCOME - GINI INDEX, Date of
The more nearly equal a country's income distribution, the lower its Gini index, e.g., a Scandinavian country with an index of 25. 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 equality the index would be zero;
GINI index (World Bank estimate) Poverty headcount ratio at national poverty lines (% of population) Poverty gap at $3.20 a day (2011 PPP) (%) Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population) Rural poverty gap at national poverty lines (%) Poverty headcount ratio at $5.50 a day
30 Jul 2018 Rising inequality is one of the biggest social and economic issues of The four largest Nordic countries have taken up the top four positions in 19 Mar 2018 SINGAPORE - After taxes and transfers, some countries have a lower measure of income inequality than Singapore.. Read more at 12 Mar 2018 Here's how all 50 U.S. states compare when ranked from most income inequality to least. 1 Apr 2019 In accordance with the Gini Index, Georgia is ranked 33rd of 106 countries in terms of inequality with a 40.5 index figure for income inequality. 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. The more nearly equal a country's income distribution, the lower its Gini index, e.g., a Scandinavian country with an index of 25. 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 equality the index would be zero;
17 Jul 2017 7 Countries With Worse Income Inequality Than the United States Ironically, however, Mexico has almost always ranked high in happiness
19 Apr 2018 Income inequality is typically measured at the country level, which has a clear rationale: people might be interested in knowing their relative
The more nearly equal a country's income distribution, the lower its Gini index, e.g., a Scandinavian country with an index of 25. 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 equality the index would be zero; 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. 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. The more nearly equal a country's income distribution, the closer its Lorenz curve to the 45 degree line and the lower its Gini index, e.g., a Scandinavian country with an index of 25. The more unequal a country's income distribution, the farther its Lorenz curve from the 45 degree line and the higher its Gini index, e.g., a Sub-Saharan country 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. A Lorenz curve plots the cumulative percentages of total income received NOTE: The information regarding Distribution of family income - Gini index on this page is re-published from the CIA World Factbook 2020. No claims are made regarding the accuracy of Distribution of family income - Gini index information contained here.