Description
The indicator measures the extent to which the distribution of income among individuals or households within a society deviates from a perfectly equal distribution. It ranges from 0 to 100, where 0 represents perfect equality (everyone has the same income) and 100 represents maximum inequality (all income is accrued by a single household). It can be calculated by plotting the cumulative income share on the vertical axis against the distribution of the population on the horizontal axis, thus obtaining a so-called Lorenz curve. The Gini coefficient is then calculated as the area under the curve divided by the area under the Lorenz curve of an equal distribution of income.
The product has been discontinued since: 29 Nov 2018.
Resources
| Name | Format | Description | Link |
|---|