A measure of inequality of income in an economy, named after Italian statistician Corrado Gini. This numerical value between 0.0 (perfect income equality) and 1.0 (perfect inequality) tracks the extent to which a society's wealth is concentrated among a subset of the populace. Also called the Gini coefficient or index of concentration.
Related information about Gini index:
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The Gini coefficient (also known as the Gini index or Gini ratio) is a measure of statistical dispersion developed by the Italian statistician and sociologist Corrado ...
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Gini: Gini index, a quantified representation of a nation's Lorenz curve. UN: Data from the United Nations Development Programme. CIA: Data from the Central ...
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Gini index measures the extent to which the distribution of income or consumption expenditure among individuals or households within an economy deviates ...
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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 ...
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Definition: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households ...
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A measurement of the income distribution of a country's residents. This number, which ranges between 0 and 1 and is based on residents' net income, helps ...
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Economy Statistics > GINI index (most recent) by country ..... DEFINITION: Gini index measures the extent to which the distribution of income (or, in some cases, ...
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Definition of Gini index: Standard economic measure of income inequality, based on Lorenz Curve. A society that scores 0.0 on the Gini scale has perfect ...