South africa is the top country by gini index in the world. The l shape of the scatter plot was not what i expected. No claims are made regarding theaccuracy of distribution of family income gini index 20 information contained here. Data are based on primary household survey data obtained from government statistical agencies and world bank country departments. I havent found gini coefficient of us counties at census website. Gini index measures the extent to which the distribution of income or consumption expenditure among individuals or households within an economy deviates from a perfectly equal distribution. The gini coefficient is a single number aimed at measuring the degree of inequality in a distribution. Information from its description page there is shown below. Europe czechia the world factbook central intelligence.
Today, it is most commonly used to measure inequality in various aspects, but it most frequently cited by those referring to income disparity. Gini world bank collection of development indicators, compiled from officially recognized international sources. Regression analysis of hofstedes international cultural dimensions and the gini coefficient mallory malinoski, xavier university this study explores the relationship between international cultures and income inequality using data from 75 countries. It is usually used to measure income inequality, but can be used to measure any form of uneven distribution.
The gini coefficient is a number between 0 and 100, where 0 means perfect equality everyone has the same income and 100 means perfect inequality one person has all the income, everyone else earns nothing. Gini index the world factbook central intelligence agency. It is a measure of the income inequality in a society. Definition of gini index a measure of income inequality.
This is a list of countries or dependencies by income inequality metrics, including gini coefficients. Graph and download economic data for gini index for the united kingdom sipovginigbr from 1969 to 2016 about gini, united kingdom, and indexes. The gini coefficient is usually a number between 0 and 1 or 0 to 100. The gini coefficient also known as the gini index or gini ratio is a measure of differences in income. The more unequal a countrys income distribution, the farther its lorenz curve from the 45. Many of you have most probably seen maps of the gini coefficient used to measure income inequality in nations. However, with limited staff and resources, we simply cannot respond to all who write to us. Income inequality at record high by barry mason 4 june 2009 last month the government quietly published the latest measure of.
The gini coefficient for gross equivalised household income is from the u. South africa has the worst gini coefficient in the world, according to. This corresponds to the period of time following the end of world war 2s wage and price controls on 9 november 1946, which. The gini coefficient is a measure of inequality developed by the italian statistician corrado gini and published in 1912. The office of public affairs opa is the single point of contact for all inquiries about the central intelligence agency cia. Americas growing income inequality problem the economic. The more nearly equal a countrys income distribution, the lower its gini index, e. Country comparison distribution of family income gini. Gini coefficient united kingdom world development indicators world bank. However, many countries dont have a recent gini index 1987 to 2003 while gdp per capita is available for 20032004 for most countries. The information regarding distribution of family income gini index 20 on this page is republished from the cia world factbook 20. The gini coefficient is a long and fairly complicated statistical equation, created by an italian mathematician named corrado gini in the early twentieth century. Gini coefficient simple english wikipedia, the free.
The gini coefficient is a number between 0 and 1, where 0 corresponds with perfect equality where everyone has the same income and 1 corresponds with perfect inequality where one person has all the incomeand everyone else has no income. As this map shows, parts of europe, australia, and canada have low levels of. Europe romania the world factbook central intelligence. The cia world factbook with global information on geography, people, governments, economies, communications, transportation, the military, and international issues. Gini coefficient is useful to determine whether certain mortgage attributes lead to higher prepayment. What is behind latin americas declining income inequality. The index is calculated from the lorenz curve, in which cumulative family income is. We would like to thank maria fernanda rosales for excellent assistance.
Country comparison distribution of family income gini index. The gini coefficient on market incomesometimes referred to as a pretax gini coefficient is calculated on income before taxes and transfers, and it measures inequality in income without considering the effect of taxes and social spending already in place in a country. Gini index for the united kingdom sipovginigbr fred. Thus a gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality. The following map measures gini coefficients, differences in national income equality, around the world as of 2009. Graph and download economic data for gini index for the philippines sipovginiphl from 2000 to 2015 about philippines, gini, and indexes. It is most often used in economics to measure how far a countrys wealth or income distribution deviates from a totally equal distribution. Through a nontrivial estimation of all country income distributions, economists maxim pinkovsky mit and xavier salaimartin columbia calculate the world. Distribution of family income gini index measures the degree of inequality in the distribution of family income in a country. South africas gini coefficient is the highest in the world. It was developed by the italian statistician corrado gini in 1912 definition. Distribution of family income gini index measures the degree of inequality in the distribution.
Has the worldwide gini coefficient increased or decreased. Gini index world bank estimate world bank, development research group. The evolution of the gini coefficient is particularly useful as it reveals trends. Using the gini coefficient to measure the urban divide national income inequality using gini coefficients, from cia world factbook, 2009. The gini coefficients main advantage is that it is a measure of inequality, not a. He was a statistics professor at cagliari in 1909 and at padua in 19.
Named after the ancient mayan province of kimpech, the state of campeche comprises much of the western half of mexicos yucatan peninsula. For more information and methodology, please see povcalnet. Gini index for the philippines sipovginiphl fred st. Here in this listing of the gini index for each country around the world. We read every letter, fax, or email we receive, and we will convey your comments to cia officials outside opa as appropriate. Corrado gini, italian statistician and demographer. The region has the most unequal land distribution in the world.
It shows the evolution towards greater equality in cuba from 1953 to 1986 0. Gini was educated at bologna, where he studied law, mathematics, economics, and biology. What is the range of ini coefficients for most countries in the world. The gini index measures the area between the lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Any discussion on low cost, subsidized housing in south africa has to take into account one startling fact. If the cia gets simple stuff like this wrong then little. Bureau of the census, income, poverty, and health insurance coverage in the united states.
Distribution of family income gini index 20 country. The 39 most unequal countries in the world business insider. The gini coefficient is the most commonly used measure of the amount of income inequality in a society in the chart above, we see that the amount of income inequality among individual americans increased in the years from 1947 to 1960. Time series and cross country variation of income inequalities in europe on the medium run.
While a perfect scenario would be that of equality in income distribution, this is not normally the case in most of the areas around the world. Gini coefficient measures the inequality of wealth distribution or income inequality in a particular area. Europe slovenia the world factbook central intelligence. We used gini coefficient quite often in asset management, but never in the traditional sense as vikas rajasekaran mentioned. Hong kong has no tariffs on imported goods, and it levies excise duties on only four commodities, whether imported or produced locally. The gini coefficient was developed by the italian statistician corrado gini.
After founding the statistical journal metron 1920, gini became a professor at the. Rivers in southern campeche drain into the immense terminos lagoon, the entrance to which is protected by a long barrier island, isla del carmen upper right. Africa ethiopia the world factbook central intelligence agency. Where can i find the gini coefficient of all us counties.
Gini coefficients of income are calculated on market income as well as disposable income basis. Hong kong continues to link its currency closely to the us dollar, maintaining an arrangement established in 1983. Gdp per capita vs gini index visualizing economics. Philippines gini coefficient world development indicators world bank indexes.
The worldwide gini coefficient has been consistently dropping in the period 19702006. Is there any other website that provide comprehensive data of gini coefficient of all counties of the united states. Europe austria the world factbook central intelligence agency. If the cia gets simple stuff like this wrong then little hope for the rest of us. Greece the world factbook central intelligence agency.
Learn vocabulary, terms, and more with flashcards, games, and other study tools. Field listing distribution of family income gini index the world. Census data focusing on wealth inequality rely on the gini coefficient. Latin america and the caribbean is the region with the. Following the latters defeat in 1949, greece joined nato in 1952. The most common measurement for economic injustice is the gini coefficient. The coefficient is a number, between 0 and 1, where 0 implies perfect equality and 1 corresponds with perfect inequality. Commons is a freely licensed media file repository. In world war ii, greece was first invaded by italy 1940 and subsequently occupied by germany 194144. The most unequal countries in the world include third world nations, emerging markets and one global superpower. A lorenz curve plots the cumulative percentages of total income received against the cumulative number of. This statistic shows the income inequality of families in the united states from 1990 to 2018, based on the gini index. This chart its linked to an interactive webpage shows how income and wealth inequality in america dropped significantly in the 1930s and reached their lowest point in the 1960s and 1970s after democratic economic populist presidents fdr and lbj enacted aggressive. The top 5 countries also includes namibia, sri lanka, china, and zambia.
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