Image credits here you can find information about the creators of our images. Many of you have most probably seen maps of the gini coefficient used to measure income inequality in nations. Distribution of family income gini index measures the degree of inequality in the distribution of family income in a country. The gini coefficient is a measure of inequality of incomes or sometimes wealth across individuals. Gini index world bank estimate world bank, development research group. If all the income goes to one person and none to the rest, the coefficient will.
The office of public affairs opa is the single point of contact for all inquiries about the. Gini index for the united kingdom sipovginigbr fred st. Cia the world factbook field listing distribution of. Data from the central intelligence agencys the world factbook. The power of the gini index the formula pacific standard. The gini coefficient is usually a number between 0 and 1 or 0 to 100. This is a list of countries or dependencies by income inequality metrics, including gini. Country comparison military expenditures the world. Here in this listing of the gini index for each country around the world. The gini coefficient was first defined in a 1912 paper by the italian economist corrado gini 18841965. The world factbook provides information on the history, people and society, government, economy, energy, geography, communications, transportation, military, and transnational issues for 267 world entities. Because of these restrictive economic policies, belarus has had trouble attracting foreign investment.
A score of 0 on the gini coefficient represents complete equality, i. Jan 23, 2020 this statistic shows the 20 countries with the biggest inequality in income distribution in 2017 based on the gini index. Gini index inequality of income distribution country. A wide range of redistributive policies has helped those at the bottom of the ladder. Data are based on primary household survey data obtained from government statistical agencies and world bank country departments. The information regarding distribution of family income gini index on this page is republished from the cia world factbook 2017. Situated in the southwestern part of cape province, it lies at the foot of table mountain 1,088 m. Using the gini coefficient to measure the urban divide national income inequality using gini coefficients, from cia world factbook, 2009. Following the latters defeat in 1949, greece joined nato in 1952. Income inequality, egypt vs us michael tomasky opinion. The more nearly equal a countrys income distribution, the lower its gini index. Gini index the world factbook central intelligence agency.
Gini coefficient measures the inequality of wealth distribution or income inequality in a particular area. Sep 24, 2019 in 2018, according to the gini coefficient, household income distribution in the united states was 0. In education, gini coefficient is used to estimate the level of inequality in education for the given population. Information from its description page there is shown below. Cape town is considered to be one of the great scenic cities of the world. Cia the world factbook 2002 field listing distribution.
Field listing distribution of family income gini index. No claims are made regarding theaccuracy of distribution of family income gini index information contained here. Bureau of the census, income, poverty, and health insurance coverage in the united states. The income gini coefficient measures the deviation of the distribution of. Aug 30, 20 if the cia gets simple stuff like this wrong then little hope for the rest of us. If the cia gets simple stuff like this wrong then little hope for. Field listing distribution of family income gini index the world. Apr 25, 2017 the gini coefficient of the whole world ranges from 0. Apr 19, 2011 global and local inequality has been a major topic of debate, leading to many attempts to quantify income disparity. I used the cia world factbook as the primary source for obtaining this data. Sep 24, 2015 we used gini coefficient quite often in asset management, but never in the traditional sense as vikas rajasekaran mentioned. Distribution of family income gini index 2017 country. Since gini coefficients are not reported on an annual basis, the most recent gini coefficient available for each country has been selected, and the control variables are adjusted to coordinate with the gini year as closely as possible.
In this case, the gini coefficient is 0 and it means there is perfect distribution of income everyone earns the same amount. The more unequal a countrys income distribution, the farther its lorenz curve from the 45 degree line and the higher its gini index, e. Thus, if everyone in a group or for that matter in a country has the same income, the coefficient will be 0. I had already been to the country with the lowest gini numbersweden, 23. The world factbook provides information on the history, people and society, government, economy, energy, geography, communications, transportation, military. 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. The age structure of a population affects a nations key socioeconomic issues. Do the world s 62 richest people hold the same wealth as. This false color satellite image highlights the striking contrast between dense forest and wetland marshes deep red and violet, and the winding blue ribbon of the parana river. Income inequality in india refers to the unequal distribution of wealth and income among its citizens. Belarus cia world factbook the best country factbook. World bank, cia world fact book, oecd, world income inequality database.
The gini index or gini coefficient is a statistical measure of distribution developed by the italian statistician corrado gini in 1912. It presents the most current and accurate global development data available and includes national, regional, and global estimates. Its an interesting world where wikipedia is more accurate. The more nearly equal a countrys income distribution, the lower its gini index, e. Special pages permanent link page information wikidata item cite this page. It is often used as a gauge of economic inequality. The closer the gini coefficient is to 1, the greater the income inequality. The parana river delta is one of the world s greatest birdwatching destinations.
The gini coefficient is the bestknown measure of inequality, but it has its flaws, as do all inequality measurements. In world war ii, greece was first invaded by italy 1940 and subsequently occupied by germany 194144. Country comparison distribution of family income gini. Heres a guide to different ranking systems from wealth distribution to the. Previously, the united states ranked fortythird in this category. I discovered this when, in 2012, i visited namibia, the country with a gini score of 70. The more unequal a countrys income distribution, the higher its gini index.
The gini index is a measure of a countrys income inequality. The 39 most unequal countries in the world business insider. The office of public affairs opa is the single point of contact for all inquiries about the central intelligence agency cia. If the file has been modified from its original state, some details such as the timestamp may not fully reflect those of the original file. Development of income distribution over the last decade giniindex.
Countries of the world 37 years of cia world fact books. Country comparison distribution of family income gini index. Greece the world factbook central intelligence agency. It was developed by the italian statistician and sociologist corrado gini and published in his 1912 paper variability and mutability.
Its an interesting world where wikipedia is more accurate than both the cia and the wall street journal. Jun 14, 2017 the gini coefficient is no zagat guide for tourists, because although the metric looks simple, inequality is a complicated subject. According to the cia world factbook, the gini coefficient of india, which is a. Attraction inequality and the dating economy quillette. A score of 1 would represent complete inequality, i. Mar 20, 2020 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 also known as the gini index or gini ratio is a measure of differences in income. Namibia ranks first, with a gini index score of 70. Mar 28, 2011 according to the cia world factbook, the united states has family income distribution gini index score of 45. If a 0, it means the lorenz curve is actually the line of equality. Reassessing the facts about inequality, poverty, and. The gini coefficient is no zagat guide for tourists, because although the metric. However, with limited staff and resources, we simply cannot respond to all who write to us.
We read every letter, fax, or email we receive, and we will convey your comments to cia officials outside opa as appropriate. A summary measure of the information contained in the lorenz curve of an economy. A widely used source for gini coefficients is the cia s world factbook, which is readily available on the internet. Mar 12, 2019 on a list of 149 countries gini indices provided by the cia world factbook, this would place the female dating economy as 75th most unequal averagethink western europe and the male dating economy as the 8th most unequal kleptocracy, apartheid, perpetual civil warthink south africa. Cia factbook the world factbook central intelligence agency. In economics, the gini coefficient, sometimes called the gini index or gini ratio, is a measure of statistical dispersion intended to represent the income or wealth distribution of a nations residents, and is the most commonly used measurement of inequality. Corrado gini developed the gini coefficient in his 1912 paper variability and mutability to express a distributions difference from uniformity. This file contains additional information such as exif metadata which may have been added by the digital camera, scanner, or software program used to create or digitize it. Ethiopia has the lowest level of incomeinequality in africa and one of the lowest in the world, with a gini coefficient comparable to that of the scandinavian. The gini coefficient ranges from 0 0 % to 1 100 %, with 0 representing perfect equality and 1 representing perfect inequality. The gini coefficient for gross equivalised household income is from the u. The gini coefficient is used in a wide range of fields including psychology, economics, and agriculture. Oct 07, 2011 the most unequal countries in the world include third world nations, emerging markets and one global superpower. It shows the evolution towards greater equality in cuba from 1953 to 1986 0.
The gini coefficient is described in a recent the economist article as an aggregation of the gaps between peoples incomes into a single measure. Rank, country, distribution of family income gini index, date of information. If the cia gets simple stuff like this wrong then little hope. Gini index for income inequality ranges from zero absolute equality to 100. Mar 20, 2020 world bank collection of development indicators, compiled from officially recognized international sources. South africas gini coefficient is the highest in the world. The more nearly equal a countrys income distribution, the closer its lorenz curve to the 45 degree line and the lower its gini index, e.
Feb 24, 2010 the gini coefficient ranges between 0 and 1 or it can also be expressed as a number from 0 to 100 and is given by the ratio of the areas. Global gini index distribution of family income ranking by country all data from the cia world factbook. The coefficient measures the degree the degree of concentration in a countrys income distribution. No claims are made regarding the accuracy of ethiopia economy 2020 information contained here. The gini coefficient was developed by italian statistician corrado gini in 1912, and today is the most commonly used measurement of wealth or income inequality. The evolution of the gini coefficient is particularly useful as it reveals trends. A popular measurement of economic inequality focuses on variations in income among people in a state. It was developed by the italian statistician corrado gini in 1912. Gini coefficient simple english wikipedia, the free. The gini coefficient measures the inequality among values of a frequency distribution. Global gini index distribution of family income ranking by. Difficulties calculating inequality and the gini coefficient.
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