Gini index countries ranking
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. The countries with the highest Gini coefficients are: Lesotho (0.632) South Africa (0.625) Haiti (0.608) Botswana (0.605) Namibia (0.597) Zambia (0.575) Comoros (0.559) Hong Kong (0.539) Guatemala (0.530) Paraguay (0.517) South Africa is one of the most unequal countries in the world, with a Gini coefficient of 0.625. In 2005, the Gini coefficient was even higher at 0.650.
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
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; 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
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.
disadvantage it examines cross-country rankings as well as national Keywords : educational outcomes, low-achievement, measuring inequality, PISA. Over the past three decades, income inequality has declined substantially at the global level. However, within countries, the picture is mixed with some countries
Let us assume two countries with the same Gini index, one where the We also present the Gini ranking change that results from the proposed modification.
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;
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
8 Dec 2017 The region also showed reduced total income inequality in 16 of the 17 countries in the rankings that have been consistently tracked over time, United Nations concerning the legal status of any country, territory, city or area The geometrical derivation of the Gini Index and an alternative formula . an increasing order assigning rank 1 to the individual with the lowest income and rank. 16 Oct 2017 Rich countries tend to have lower income inequality than developing part of the reason why Latin American countries have the largest Gini 28 May 2019 Russia's income inequality ranking has been fairly stable: in 2004, the top decile held 30.5% of the country's income (placing Russia 26th out of
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. New data are available for Costa Rica (income year 2018), Canada, Chile, the United Kingdom and the United States (income year 2017), Denmark, Ireland and the Russian Federation (income year 2016) and Hungary (new data source, income years 2006-16). This is a list of countries by inequality-adjusted human development index (IHDI), as published by the UNDP in its 2019 Human Development Report.According to the 2016 Report, "The IHDI can be interpreted as the level of human development when inequality is accounted for," whereas the Human Development Index itself is "an index of potential human development (or the maximum IHDI that could be