Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. 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. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.
Type of variable: Continuous
Downloaded by QoG on: 2024-11-20
Last updated by source: 2024-10-28
| Dataset | No. Countries |
|---|---|
| Basic cross-section: | 119 |
| Basic time-series: | 166 |
| Standard cross-section: | 119 |
| Standard time-series: | 166 |
| OECD time-series: | 31 |
| Dataset | Available for years: |
|---|---|
| Standard time-series: | 1963-2023 |
| Basic time-series: | 1963-2023 |
| OECD time-series: | 1963-2023 |