Gini coefficient index by country

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 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. Distribution of family income - Gini index measures the degree of inequality in the distribution of family income in a country. The more nearly equal a country's income distribution, the lower its Gini index, e.g., a Scandinavian country with an index of 25.

Distribution of family income - Gini index 2017 country comparisons, country rankings, By Rank. 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. 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. 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.

20 Mar 2010 In this study, we apply Gini coefficients to university rankings in order to Elite universities, Gini coefficients, Inequality, University ranking, New 

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. 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. Colombia has ranked in the top 2 for inequality > GINI index since 2003. WID.world now provides Gini coefficients on WID.world for more than 2000 inequality series (click here).The Gini, which provides a synthetic measure of inequality, ranges from 0 (in case of perfect equality) to 1 (a situation in which one person captures all resources in an economy). 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 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). 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. Income Gini coefficient . Measure of the deviation of the distribution of income among individuals or households within a country from a perfectly equal distribution. A value of 0 represents absolute equality, a value of 100 absolute inequality. Source: World Bank (2013). "World Development Indicators 2013." Washington, D.C.: World Bank.

26 Nov 2018 Today, the Gini coefficient is still one the most widely used tool to chart According to the WEF index, income inequality has risen or remained 

The Gini index is the Gini coefficient expressed in percentage form, and is as well as countries, for example the Gini coefficient for urban areas differs from that   20 Mar 2010 In this study, we apply Gini coefficients to university rankings in order to Elite universities, Gini coefficients, Inequality, University ranking, New  a large sample of countries) the hypothesis that trends in Gini coefficients for in the Gini coefficient are linked to the development of the Williamson index, i.e.. 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 U.S., Canada's 12th-place ranking suggests it is doing a mediocre job of ensuring 

Thus country-level Gini coefficients cannot be aggregated into regional or global Ginis, although a Gini coefficient can be computed for the aggregate. Because the 

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. Colombia has ranked in the top 2 for inequality > GINI index since 2003.

20 Dec 2010 From this coefficient, the Gini Index was developed which measures countries against each other, with regards to how bad income inequality is 

[Country name]]. Some country details here. Cancel Apply. Countries; Year; Indicators. Overview. Gini Coefficient. Top 20% vs. bottom 20%. Relative Income  

This is a list of countries or dependencies by income inequality metrics, including Gini The Gini coefficient is a number between 0 and 1, where 0 corresponds with perfect equality (where everyone has the same income) A Gini index of 0 % expresses perfect equality, while index of 100% expresses maximal inequality. 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  Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. For more information and