Households Disposable Income
Description
The Layer shows the households disposable income at the nation level for the household. The frequency is annual. The Unit of measure is GINI.
GINI is a measure of statistical dispersion intended to represent the income inequality or wealth inequality within a nation or any other group of people.
The Gini coefficient measures the inequality among values of a frequency distribution (for example, levels of income).
A Gini coefficient of zero expresses perfect equality, where all values are the same (for example, where everyone has the same income). A Gini coefficient of one (or 100%) expresses maximal inequality among values (e.g., for a large number of people where only one person has all the income or consumption and all others have none, the Gini coefficient will be nearly one).
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Tags
- income
- gini
- households
- europe