Gini coefficient - Wikipedia The Gini coefficient measures the inequality among the values of a frequency distribution, such as income levels A Gini coefficient of 0 reflects perfect equality, where all income or wealth values are the same
Gini Coefficient by Country 2025 - World Population Review The Gini coefficient, also called the Gini index or Gini ratio, is the most commonly used measure of income distribution—simply put, the higher the Gini coefficient, the greater the gap between the incomes of a country’s richest and poorest people
Measuring inequality: what is the Gini coefficient? The Gini coefficient, or Gini index, is the most commonly used measure of inequality It was developed by Italian statistician Corrado Gini (1884–1965) and is named after him
Gini index - World Bank Data World Bank, Poverty and Inequality Platform Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments Data for high-income economies are mostly from the Luxembourg Income Study database
Understanding the Gini Index: Global Income Inequality Insights The Gini index, developed by Corrado Gini in 1912, measures income inequality on a scale from 0 (perfect equality) to 1 (perfect inequality), with South Africa having the highest recorded Gini
The Gini Coefficient Explained - Intelligent Economist The Gini coefficient, or Gini index, is derived from the Lorenz curve, and like the Lorenz curve, it measures the degree of economic equality across a given population and simplifies this reality into a single number
GINI Index for the United States - FRED | St. Louis Fed 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
Gini coefficient | Definition, Formula, Uses, Variants | Britannica A Gini of 0 indicates perfect equality, while 1 indicates that all income goes to one person and none to everyone else The index is often used by economists and policymakers to assess inequality within a country or region
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