Gini index countries ranking
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, 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
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.
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 The Gini coefficient of income measures the inequality of distribution of real household incomes. Gini coefficient of household income in OECD countries 2014. 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. 9 Oct 2018 Conversely, these are the top 10 countries in tackling inequality, with Denmark According to Oxfam, Singapore's score in this rank is 91.
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 unequal a country's income distribution, the higher its Gini index, e.g., Rank, Country, DISTRIBUTION OF FAMILY INCOME - GINI INDEX, Date of Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. For more information and 26 Apr 2017 Inequality isn't all about income. Here's a guide to different ranking systems – from wealth distribution to the World Happiness Report – and
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,
31 Jul 2018 It is used as an index of inequality that measures income or wealth an extensive list of countries ranked by Gini index (family income). 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 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 Gini index is a simple measure of the distribution of income across income percentiles in a population. A higher Gini index indicates greater inequality, with high income individuals receiving much larger percentages of the total income of the population.
6 Dec 2018 1.7% of the country's wealth while 70% (35 million) controlled 5%. My Banyong pointed out the Gini index also confirms Thailand's rankings.
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. 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 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,