Summary
The Gini coefficient is a measure of statistical dispersion intended to represent the income inequality or the wealth inequality within a nation or a social group. It was developed by statistician and sociologist Corrado Gini in 1912 and is often used as a gauge of economic inequality, measuring income or wealth distribution among a population.
1
2
The Gini coefficient ranges between 0 in the case of perfect equality and 1 in the case of perfect inequality.
3
According to
See more results on Neeva
Summaries from the best pages on the web
Summary
In economics, the Gini coefficient (/ˈdʒiːni/ JEE-nee), also known as the Gini index or Gini ratio, is a measure of statistical dispersion intended to represent the income inequality or the wealth inequality within a nation or a social group. It was developed by statistician and sociologist Corrado Gini.
Gini coefficient - Wikipedia
wikipedia.org
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 high-income economies…
Gini index - World Bank Open Data
worldbank.org
Summary
The Gini index, or Gini co-efficient, measures income distribution across a population. Developed by Italian statistician Corrado Gini in 1912, it often serves as a gauge of economic inequality, measuring income distribution or, less commonly, wealth distribution among a population. Global inequality, as measured by the Gini index, has steadily increased over the past few centuries and spiked during the COVID-19 pandemic, but the Gini index should not be mistaken for an absolute measurement of income or wealth.
Gini Index Explained and Gini Co-efficients Around the World - Investopedia
investopedia.com
Summary
The Gini coefficient is based on the comparison of cumulative proportions of the population against cumulative proportions of income they receive, and it ranges between 0 in the case of perfect equality and 1 in the case of perfect inequality.
Inequality - Income inequality - OECD Data
oecd.org
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 income across the…
Gini Index - Census.gov
census.gov
