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 …

Nov 22, 2025 · The Gini coefficient measures income inequality by comparing actual income distribution with perfect equality, using the Lorenz curve.

Jun 30, 2023 · 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.

Aug 8, 2025 · 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 …

Apr 7, 2025 · 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 …

Gini index 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 …

The Gini coefficient is essentially a measure of income inequality, with higher values indicating greater disparity between a country’s richest and poorest inhabitants.

Jun 5, 2025 · 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 …

Oct 8, 2021 · The Gini Index is a summary measure of income inequality. The Gini coefficient incorporates the detailed shares data into a single statistic, which summarizes the dispersion of …

Mar 13, 2025 · Developed by, and named after, statistician Corrado Gini in the early 1900s, the Gini Coefficient is often used to measure wealth and/or income inequality. However, it can actually be …