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 …

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 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 …

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 …

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 …

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

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 …

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 …

Every population has a Gini Index value that is somewhere between two extremes: A Gini Index of zero (or 0%) means everyone has the same amount of wealth. In contrast, a Gini Index of 1 …

Jan 22, 2025 · What is the Gini Coefficient? The Gini coefficient is a statistical measure used to assess inequality within a dataset. It ranges from 0, representing perfect equality, to 1, …